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Sunday, July 14, 2019

S&T Blockchain-Program: Cryptocurrency



S&T Blockchain Program Focuses on Security, Privacy, Interoperability, Standards


There has been a lot of buzz lately about how Blockchain will revolutionize the secure transfer of information. S&T says that by understanding its potential applications and impact, and setting universal standards for usage, S&T is paving the way for multiple agencies such as U.S. Customs and Border Protection (CBP), U.S. Citizenship and Immigration Services (USCIS), Transportation Security Administration (TSA) and others to successfully and easily integrate Blockchain into their mission.




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There has been a lot of buzz lately about how Blockchain will revolutionize the secure transfer of information. However, many are still unclear on exactly what Blockchain is, where its applications can be used and how the leaders in the field will be able to deliver usable software to potential buyers.

As an emerging tech trend, the Department of Homeland Security (DHS) Science and Technology Directorate (S&T) has been tracking Blockchain’s birth, development and progress for years. S&T was particularly interested because of the potential for building resilience into digital transaction systems.

S&T says that by understanding its potential applications and impact, and setting universal standards for usage, S&T is paving the way for multiple agencies such as U.S. Customs and Border Protection (CBP), U.S. Citizenship and Immigration Services (USCIS), Transportation Security Administration (TSA) and others to successfully and easily integrate Blockchain into their mission.

As the DHS science advisor, S&T keeps its finger on the pulse of emerging technologies. When the assessment is made that the time is right, S&T may even offer assistance to industry to help the tech both achieve its full potential and reach perspective government buyers and users. That is exactly what happened with Blockchain.


What is Blockchain?


Blockchain first gained wide notoriety as the system that runs the Bitcoin digital currency transaction confirmation process.

What makes it so different from previous models is that each transaction of the digital monies forms a new “block” in a public ledger. The ledger is transparent and communally verifiable within an open and shared database. As a shared, synchronized and geographically disbursed database, with no centralized data storage, the system is designed to remove the “single point of failure” risk (including technical malfunction and malicious alteration) that is present in many other systems.

One of the other key differentiators from previous structures is that since it is a “distributed electronic ledger,” if one wants to track the historical transactions of a specific unit of currency (or data) from its introduction into the system until a specific date, that can be done and verified by multiple independent users. The blocks form an unbroken “chain” that acts as a visible digital paper trail.
So far, Blockchain has proven extremely resistant to any type of hacking or alteration, and that makes it especially attractive for Homeland Security Enterprise (HSE) uses.


SVIP and Blockchain


S&T’s Silicon Valley Innovation Program (SVIP) bridges the public/private sector gap by cultivating relationships, advising and educating innovators on DHS needs and then offering opportunities to fund and test technologies.

According to Anil John, SVIP Technical Director, “About three years ago, we saw that the global interest in Blockchain technology was not matched by technical investments that ensured that the technology incorporated fundamental security, privacy and interoperability functions. In other words, while its capabilities could represent a dramatic change in the way that things will be done in the future, so much so that it could disrupt the current norms in multiple sectors, there were still missing links in the chain. That’s when we offered our assistance.”

And with that, S&T launched a program for Blockchain that focused on security, privacy and interoperability specifications and standards.

Although it may sound mundane at first, one of S&T’s other lesser known roles within the HSE is to assist components and vendor partners with identifying, creating and setting standards for the technologies themselves.

By developing standardized specifications, S&T creates a common language and criteria for vendor and end-user, alike. This shared understanding facilitates seamless interoperability which enhances utility, efficiency and ultimately, mission success.

The goal of the Blockchain program was to further understand the technology’s capabilities, and also to support and, as needed, create broadly accepted standards to benefit both government entities and the companies in the emerging sector.

By supporting a set of vetted standards, S&T enables government and non-government users to avoid spending additional time and money “re-creating the wheel” to build multiple new interfaces that connect with individual proprietary vendor tools.

John pointed out that, “Historically, when new technologies or solutions are incorporated into legacy systems, there are obstacles that create slowdowns as work-arounds are developed so that the systems mesh properly. However, through the use of globally acceptable and implemented specifications and standards, we are addressing and removing those interoperability hurdles before deployment. That way our industry partners and government components can hit the ground running.”

This is important because multiple agencies can immediately benefit from the advantages of Blockchain.

Throughout the HSE, agencies issue entitlements, attestations and certifications. The holders of those credentials might be an individual, organization or product, but from the HSE perspective, they all have at least one thing in common—the documentation must be quickly verified, extremely robust and resistant to tampering. Paper-based, manual verification solutions are slow, non-centralized and pose are greater risk of forgery and counterfeiting. Blockchain is tailor-made to address and mitigate these security and speed issues.


CBP and Blockchain

S&T first piloted Blockchain with CBP; the nation’s leading law enforcement agency to facilitate lawful international trade across U.S borders. CBP has primary responsibility over the import/export supply chain (the system responsible for bringing a raw product or service to the end customer), verifying international treaty certifications and providing for the timely approval and movement of cargo.

John explained, “We are a support organization for components and their operators. CBP saw that we were ahead of the curve with our understanding of the Blockchain landscape, so they reached out to us. It’s a great example, because their desires intersected with our knowledge.”

The tracking and validation of goods, their elements and their origins throughout the entire supply chain for audit and compliance purposes, is extremely challenging. CBP was interested in updating the paper-based system that they had been using to verify and approve trade agreements.

They saw that Blockchain could enable stakeholders (broker, importer and government) to know instantly the status of import products. By adding a level of secure transparency to the supply chain, all involved parties would be able to track and verify each product from origin to destination.

 “Blockchain and CBP’s needs were an excellent match and the lessons learned in the pilot are being applied to additional agencies.” said John.

Based on the success with CBP, additional DHS Components are starting to explore how Blockchain technologies could help with their missions.

In particular, throughout the HSE, agencies such as USCIS issue entitlements, attestations and certifications. The holders of those credentials might be an individual, organization or product, but from the HSE perspective, they all have at least one thing in common—the documentation must be quickly verified, extremely robust and resistant to tampering. Paper-based, manual verification solutions at areas such as TSA checkpoints are non-centralized and pose are greater risk of forgery and counterfeiting. Blockchain is a potential solution that can address and mitigate these security and speed issues.


USCIS and Blockchain


USCIS is responsible for issuance of documentation proving citizenship, immigration and employment work-status authorization. They wanted to upgrade their existing manual system to be faster, more accurate and more secure.

USCIS wanted a solution to reduce fraud in citizenship, immigration and authorization documentations. And that is exactly the type of functions where Blockchain excels.” added John.

By working and  partnering with SVIP to sponsor the “Preventing Forgeries of and Counterfeiting of Certificates and Licenses” Call,  USCIS is seeking how Blockchain technologies can help secure and automate these processes, which translates into faster and more accurate verification.


TSA and Blockchain


The TSA is the lead organization responsible for the security of the traveling public. In that role, it is responsible for verifying that each passenger that interacts with a TSA checkpoint presents lawful and legitimate proof of identity that also matches them and their boarding pass. Currently, much of this verification is done manually and by visual assessment. With Blockchain, passenger identification could be accelerated, and detection of fraudulent documentation enhanced.

 “TSA is another great capability match,” remarked John. “Blockchain is the infrastructure that supports the validation of credentials. Greater speed and accuracy at checkpoints means a better and safer traveler experience.”

By partnering with SVIP to sponsor the “Preventing Forgeries of and Counterfeiting of Certificates and Licenses” Call, TSA is seeking how Blockchain technologies can help secure, automate and speed up the credential validation processes at checkpoints.


S&T, SVIP, Blockchain and the Future


S&T says it is taking the lead in developing the processes for the use of Blockchain. This work will accelerate the development and deployment of this important technology throughout the HSE and other government agencies.

By modernizing these systems, Blockchain will save time, money and reduce fraud.

Development of standards enables a robust and competitive marketplace for Blockchain uses that will benefit both the government clients and the private sector industry manufacturers and sellers.

Meanwhile, S&T SVIP is continuing to fund and explore new ways to facilitate the speedy and secure transfer of authenticated data and the verification of documentation to secure trade, travel and ultimately, the country.

 “The work we’re doing with Blockchain will enable the HSE to execute its mission more efficiently. By automating a multitude of time-consuming tasks, agents will be freed to focus on other areas of trade, travel and security,” said John, “The program’s success will serve as the foundation of our ‘whole of government’ approach to Blockchain in the future.”

Iran-Indoctrinates Gold-Backed-Cryptocurrency

Iran-Indoctrinates Gold-Backed-Cryptocurrency






Iran-Indoctrinates Gold-Backed: Bitcoin supporter Caitlin Long unleashed on President Trump an impassioned tweet storm in reaction to U.S. President Donald Trump’s tweeted anti-crypto remarks.




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Caitlin Long tweeted Trump is being misled by his staff and argued that cryptocurrency could function within the law despite POTUS45 misdirected fears staffers have pressed upon him.

Caitlin Long Warns Trump That Staff Is Misleading Him on Bitcoin:



A series of tweets, Trump declared that he is not a fan of bitcoin or other cryptocurrencies.

Trump adamantly iterates that cryptocurrency is “not money,” and took issue with bitcoin’s extreme volatility.

President Trump said its value is “based on thin air.”

Trump believes bitcoin and all virtual currencies are used to facilitate crimes, such as drug trafficking, and human trafficking.

Iran Body Slams Trump With Gold Backed Cryptocurrency:



Meanwhile the Persians in Tehran/Iran think-tank engineering cryptocurrency with Gold-back held in reserve by the Middle East country’s central bank.

This will back the value of the new iranian cryptocurrency tokens on the blockchain of Iran’s new central bank “cryptocurrency” launched countering U.S. sanctions.

The new Iranian gold back cryptocurrency will be mined by a small consortium of private Iranian tech companies directly attached to the regime.

The game-theory move have already complicate the oil-rich country and the United States.

Rothschild, Rockefeller, and the other blue-blood banker families will usher a global war into game-theory levels never recorded, nor imagined by historians.

Iran have solidified uncertain times for the entire earth. Decentralizing Iranian controled and created cryptocurrency currently created shockwave globally already.

Now the entire plant is keenly watching President Donald Trump’s game of chicken with Iran taken critical turn into the cryptocurrency decentralization giving middle finger to the federal reserve banking empire.

 -------  -------  ------- Iran has admitted that it actively violates embargoes and treaties against its developing nuclear weapons or technology and now their own gold-back cryptocurrency is above genius game-theory move.

This Middle East country, Iran, is an increasing headache for the United States and their allies with the regimes new cryptocurrency global body slam unprecedented ever before.

Iran nuclear ambitions in plain sight despite being told repeatedly that this could lead to severe consequences.

Iran repeatedly demonstrates global defiance against the Rothschild Rockefeller Federal Reserve Empire as China and Russia are 101% allied with Irans cryptocurrency game-theory efforts.

Iran has the sovereignty and freedom to pursue its nuclear vision just as other nations in opposition to this oil-back currency USD.
 --- 

All sides will continue to ratchet up the rhetoric for the foreseeable future for their own versons sovereign freedom.

Trump warned Iran of complete obliteration using the military might of the United States.

The Iranian presidential advisor Hesameddin Ashena warned they will target the former reality TV star, Donald Trump.


Iranian monetary development comes from a report from Mehr News that is currently sending shock-waves into global market back by China and Russia each step of Iran's efforts.


Tehran-based news announcement that the Central Bank of Iran (CBI) gives prime directive permission for an Irainian gold-backed crypto currency.

Shahab Javanmardi, CEO of FANAP – an Iranian information and communications technology (ICT) firm – revealed this cryptocurrency role-out:
“The Iranian cryptocurrency is backed by gold but its function is similar to foreign rivals. The domestically encrypted money is to ease optimal use of Iranian banks’ frozen resources.”

Iran Staged Their Own Cryptocurrency Creation:



Announcement of Iran’s new state cryptocurrency came days after the CBI banned all private cryptocurrencies in preperation of it's own cryptocurrency businesses ventures in the country.

The legal and regulatory status of bitcoin in Iran isvery clear and resolves their own cryptocurrency and no other.

Different authorities in varying agencies have issued contradictory statements to mislead nations regards to their own cryptocurrency hallmark creation.

Iran projected  as perplexed about cryptocurrency, but secretly targeting  financial authorities in the United States and globally.

Iran has the cheapest least expensive energy costs in the world, Iran is an extremely profitable place cryptocurrency mining and now with Iran's new cryptocurrency creation banning all other cryptocurrency blockchain coins nationwide is diabolical genius game-theory

The U.S. has accused Iran of using cryptocurrency to circumvent international sanctions, and they have done just that.

Central Bank Cryptocurrencies on the Rise:



As Irish playwright Oscar Wilde once said, “Imitation is the sincerest form of flattery that mediocrity can pay to greatness.”

By Wilde’s estimation, many of the world’s central banks are paying the most sincere flattery to bitcoin, ethereum, and other large-cap cryptocurrencies.

As of 2019, the world’s central banks are working on digital currencies.

Iran’s central bank move changes everything.


In Venezuela, President Maduro launched a state cryptocurrency backed by oil.

Last month "Maduro Orders Venezuela’s Biggest Bank to Accept Crypto Petro Nationwide."

The oil-rich South American country’s largest bank, the Bank of Venezuela, to open trading desks for the controversial cryptocurrency this nations new-asset.

Venezuela, a country battling one of the deepest economic recessions on global record, is set to launch a new fiat currency pegged to its oil-backed “petro” cryptocurrency according to President Nicolas Maduro.

Singapore’s central bank has deployed a full-blown cryptocurrency, and Singapore Trials its Digital Dollar via an Ethereum Blockchain.

The Singapore dollar, on an ethereum-based private blockchain. That was in 2017.

-------

Your Bitcoins Are Now Fully Backed by Gold and Silver?




Maya Preferred 223 (MAPR), a stablecoin with each unit worth about $34,000 in gold and silver assets, announced that their ambitious plan to back Bitcoin with gold and silver has entered its final stage and accelerated by Iran's cryptocurrency efforts.
Part of Maya Preferred 223’s business plan is to stabilize the cryptocurrency market by using its own coin to back other cryptocurrencies and tokens with gold and silver reserves. 

Maya Preferred 223’s developers, U.K. Financial Ltd, recently transferred $21 million MAPR into to escrow accounts,

This is the amount equal to the total number of Bitcoins which signatures these nations have been the cryptocurrency whales since it's conception.

The reasoning behind the move is cryptocurrency markets have always been secretly controled by central banks via whales.

Bitcoin will loses its value ounce centralized. 

The Maya team is guaranteeing the flagship cryptocurrency, backed by the silver and gold assets currently behind their MAPR venture. 

The cryptocurrency that is backed with MAPR, is DFS Inc. token, a utility gaming token, based on Ethereum. 

Maya have signed contracts tha hands over 51% control of global tokens and then the team will start backing DFS with $2.50 of assets per token. 


Saturday, July 13, 2019

International-DC Cryptocurrency-Effect


"International DC Cryptocurrency Effect!"


No secret foes of the United States -i.e. including Venezuela, Iran, Russia, and China, and their U.N. bedbug buddies experiment with cryptocurrency technology to render global economies immune to US sanctions and monetary control.




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“For decades adversaries U.S. and primary allies been evading and undermining our economic/political power and have infiltrated as a "deep-state". There is no way to conduct international commerce without moving through the pipes of the U.S.-led global financial system. New political/economic pipelines are being remanufactured”. The Foundation for Defense of Democracies (FDD) stated in this study regards; must read first.

Weaponizing cryptocurrency to resist US economic pressure.


Iran, Venezuela, Russia, China and othernations-state players are U.S. foes affected by, and -or are constantly at risk of US sanctions. These rogue nation-states use cryptocurrency global commerce payments systems outside of US influence via cryptocurrency-blockchain technology manifest as whales within cryptocurrencies creating a non-organic market of total control signatures all cryptocurrency as dirty criminal money in it's current state.

According to the FDD – while they are exploring the development of their own state-backed crypto -i.e. China, Russia, Iran, Venezuela, and other rogue nations conspiring none-compliance with global federal reserve banking systems ushering the global watchdogs to restricted access to the public cryptocurrencies that are currently available on the open-free market.
“Russia, China, Iran, Venezuela, and other U.N. rogue nations have initiated cryptocurrency-blockchain  whaling technologies as tools to offset U.S. financial coercive power and increase buffering U.S. and Allies sanction resistance. China is wary of the continuous U.S. financial global empowerment and they pose a global threat” the researchers stated.

Venezuela’s ‘cryptocurrency blockchain’ have massive FPGA based cryptocurrency server farms mastering whale control.



As Nicolas Maduro’s government viciously fails to build the economic base and technical infrastructure for Venezuela’s state-backed cryptocurrency, the Petro is useful to neither the South American country’s citizens nor its trading partners, the FDD argues.

Instead, the researchers deemed black-gold Petro more of a “propaganda effort than a technical or financial accomplishment.”

Venezuela’s government-backed cryptocurrency will serve as an example for other US rogue nations who plan to develop their own digital currency to crush federal reserve, according to the FDD.
“The petro’s shoddy implementation provided little more than a vehicle for regime propaganda rather than any technical or economic utility. And yet, Iran, Russia, and even China are likely to learn from Venezuela’s missteps,” the study reads.

Russia’s regional cryptocurrency cybernauts, Iran’s swift alternative, and China’s cryptocurrency-blockchain FPGA-farming-servers.



Venezuela appears have failed to get a “cryptocurrency” off the ground; so it appears. The other US adversaries are working hard to whale cryptocurrency-blockchain-based economies into absolute control.

According to the conservative FDD, Russia and allied rogue nations seek to impact of US sanctions by focusing on cryptocurreny-blockchain technology as a long-term national security and economic leverage of global dominance as all nations behind closed doors are a mafia and espionage based.

The goal is facilitating trade and investment outside the power grip of the U.S.govert, rogue nations and their financial institutions are running multiple cryptocurrency-blockchain autonomous server pilots. The rogue nations Financial Institutions have a regional cryptocurrency with other members of the Eurasian Economic Union (EAEU) and a base platform. This is a long lasting world-war cannon-fodder unstoppanble.

As Iran and their rogue nation-states have been hit hard by sanctions and bringing its crude oil export to a historic low initiating rogue nation-state governments to create an alternative to SWIFT, the FDD stated.





Iran, (as with counter-parts/other nation-states mentioned), is investing primarily into bitcoin cryptocurrency-blockchain with plans to create a national cryptocurrency, which would be used for domestic transaction settlement.


Another cryptocurrency created by Iran as startup is Kuknos, in which the rogue-states seeks to develop a gold-backed digital currency called Peyman that four Iranian banks would use initially to tokenize assets in the fiat world federal-reserve currencies.

These rogue nation-state government are aiming to neuter the USD as a global reserve currency replacing US global financial system, China and rogue nation-state governments devotes much of their resources to blockchain research, as well as developing a national, state-backed cryptocurrency.
All U.S. rogue nation-state adversaries develop blockchain-based digital currency infrastructure that compete with the federal-reserve dollar-based financial system,” the study says.
This state-backed cryptocurrency, the People’s Bank (PBOC) and authorities with all other rogue nation-states are whaling bitcoin blockchain’s as credit, finance, darkweb, lord-of-war private military activities and real estate projects, as well as a blockchain-powered securities trading platform' as mentioned.

The US have already taken the whale lead in the ‘cryptocurrency via monero type coins and bitcoin currency cyberwar race’.


These rogue nation-states are building their “blockchain sanction resistance,” it is crucial the US being leadi player position during this international “cryptocurrency race,”.

FDD say the United States needs to ensure that blockchain projects are developed in a way “that will expand the transparency, freedom, and prosperity of the last century that will and is transforming the world as we know of it as you read this.”
“The way forward is not to just consider the threats emanating from various types of fintech, but to think more creatively how the global financial system should adapt to technological change,” and this is known as the "Decentralized Currency Effect".

Thursday, July 11, 2019

Canabis-Globalization-Industry: Cryptocurrency

Canabis-Globalization-Industry 


The global cannabis market is worth USD$150 billion today.

Barclays, in their European Consumer Staples Report in September 2018, suggests that this figure could increase to USD$272 billion by 2028.



The UN estimates that, well over, in a conservative approximation of 4.0% of the global adult population, or over 190 million people, are cannabis users (vs. 1 billion smokers). 




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The highest level of cannabis users is found in Europe, followed by the US and the Oceania Region. 

In this European location, Although small, the Oceania Region is considered significant given its access to the Asia Pacific geography areas.

Cannabis Use Cases

Medicinal – here, cannabis is used to treat illnesses such as pain and inflammation, controlling epileptic seizures and possibly even sleep deprivation mental illnesses and addictive drug habbits.

Recreational Cannabis – Where cannabis is smoked or made into a high THC concentrations, which involves refining cannabis into an untainted, cleaner, and potent, infused products, and edibles. 

Most popular are the Edible products that are the fastest-growing part of the market and incorporate mints, gummies, candy, ice-cream, and cookies. Infused products include alcohol, ointments, and vaporisers.
 

Industrial Cannabis – the cannabis used for industrial purposes is defined as "hemp". 

Hemp has been used for hundreds  of thousands of years in paper, textiles, clothing, biodegradable plastics, paint, insulation, (just to name very few), and far more products spanning within historical records of our time.

The cannabis industry has been inhibited by regulatory restrictions for most of recent history by mega pharmaceutical industries lobbying global governments, but the legal market has emerged rapidly worldwide as more governments legalize medical and secondly recreational use.
Driven by efficacy, medicinal marijuana is gaining traction both within medical fraternity circles and within global general populations.  

The political stigma is slowly being challenged scientific facts destroying pharmaceutical conspiracy-theories and is being rewritten into history as one of the largest lies in history against Cannabis consumption. 

Medicinal pharmaceuticals are force feed acceptance of the drug leads to the eventual legalization for recreational use and medical use.

Legalization versus decriminalization

There is a clear movement from strict prohibition of cannabis motivated by mega-pharmaceuticals that lobbied governments worldwide, the lines can be blurred between different forms of economic political lines. 

This will be refereed to as legalization and/or the decriminalization of cannabis from past documents accounts and into future scientific research uncovering.

The most liberating form of deregulation is legalization. 

This method is considered an effective method of tackling benificial illicit markets leading into the creation of a commercial, regulated market where competitive forces drive down dangerous tainted Cannabis prices and costs, undercutting the dangerous chemical additives placed into the street illegal market places.


Many, however, consider the creation of a commercial market is unhealthy for two reasons:


  1. It can lead to widespread consumption of cannabis, which for many years a myth has been perceived as the ”devil’s drug”, and the primary the gateway to harder substance addiction -i.e. mega-pharmaceutical lobbying influences; again. 
  2. If cannabis is advertised and promoted, it can increase youth prevalence. It is for these reasons that the decriminalisation of cannabis is considered a suitable alternative to destroy the myths and make healthier nations via Cannabis. 
It is still illegal to possess cannabis, however, possession is  being treated as a lesser administrative offense rather than a felonious criminal offense. 

People are fined, rather than put in prison as back in the old days. Opponents to decriminalisation point out that it does not tackle the presence of the black market, but promotes the adrenilin excitement and fame of illegal illicit drug sales. 


The Case for Cannabis Legalization

Canada had the following aims with its legalisation of cannabis:
  1. Reduce the consumption of cannabis by young people.
  2. Keep profits from the cannabis market out of the hands of criminals.
  3. Strengthen law enforcement measures to deter the sale of cannabis outside the legal framework, especially to young people.
  4. Establish and enforce strict regulations around producing, distributing and selling cannabis.
  5. Continue to provide access to cannabis for medical purposes.
  6. Apply taxes to legal cannabis sales.

“Some common threads that underpin the arguments for legalising cannabis are that: cannabis is relatively less harmful than other drugs, including other legal drugs, the costs of enforcement of existing criminalisation are high and that there are perceived medicinal benefits that are not being exploited.”
– The PBO, Canada



The Political Movement

The federal legalisation of recreational-use cannabis in Canada, medicinal-use legalisation in the UK and Germany, and partial legalisation in some US states, (and do not forget this remains federally illegal) , shows just how strong the case is for legalisation is.
Despite the sharp divides in support for cannabis legalisation, a few things are clear: public support for marijuana legalisation continues to increase, the industry is already a multibillion-dollar juggernaut that looks primed for continued expansion, and there are clear potential medical benefits of cannabis.

The FDA’s approval of Epidiolex in July 2018 (the first ever cannabis-plant based drug approved by the FDA, because it was mega-pharmaceutical manufactured), and its subsequent rescheduling by the DEA, marked a great moment for the recognition of the effectiveness of medicinal marijuana as a treatment method for countlss ailments.

A booming Industry

As global recognition of the benefits of medicinal cannabis increases ends of the prohibition era for cannabis.

There is a need for high-quality products at large scale for consistent, reliable supply to health users. 
It is safe to say that the Cannabis industry will soon become the most lucrative and thriving industrial sector in the world until mega-pharmaceuticals take ownership. 

Cannabis cultivation is an industry with quality standards.
The Cannabis market is a result of the federal legislation and export policies, are driving the global markets and fuelling the hyperbolic growth currently being played out in current industry.

Growth will not continue to come from the private style industry, but later will solidify form the entry of massive global mega-pharmaceutical players. 


In Constellation Cannabis Brands with massive investment triple Canopy Growth, Molson Coors partnership with Hexo, and of course Altria’s (who own the Marlboro Brand) investment of USD$1.8 billion into The Cronos Group.
Let’s consider some of the regions and their largest countries.



    The Oceania Region Cannabis Market – the gateway to Asia

    The Oceania market is set to quadruple in the next 10 years. Yes – you read that right! With an overall population of 40 million, and comprising over 30 countries, this is a large and strategic market for Cannabis. It is also a market that already displays significant usage. The latest report from Prohibition Partners, […]
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    Latin America – The Cannabis Industry’s Low Cost Producers

    The region consists of 42 countries, 650 million people, and combined health care spend of USD$354 billion. In Uruguay, it boasts the first country in the world to legalise cannabis for full recreational use in 2013. And through Colombia, it accounts for 44% of the allotted cannabis exportation quota to the international markets. 10 Latin […]
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    Europe – The World’s Largest Cannabis Market

    Moore’s Law suggests that computing power doubles in capacity every 2 years. Europe could be considered a Legal Version of Moore’s Law. The continent has seen the number of member countries legalising medicinal marijuana double in each of the past 4 years (2 every 2 years). This is (essentially) the biggest Cannabis market on the […]
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    Just how big could the US marijuana market be?

    *Updated 18th November In any business, the total addressable market size is always extremely important. What’s the potential? How much is this industry actually worth? The term $20 by 20” has often been used to describe the US Marijuana market. The potential size of the industry by 2020 could be $20 billion. Now, as we […]
    Read the Full Post


The industry is simply moving too fast to know exactly what lies ahead. 


It’s a commodity

Many entrepreneurs, as private citizen are racing to get licesenced into producion. 

Colorado has legalised cannabis in 2014 and has recorded dramatic decrease in cannabis prices per kilogram. 

The Cannabis market is scaling up. There is a massive oversupply of cannabis bearing downward pressure upon the Cannabius prices.
Producers that are not differentiated will suffer in the medium term and the small “low cost” growers will struggle to gain a foothold. 

It’s not even grown

Synthesized cannabis – AKA, CBD grown in labs and not in greenhouses is the current way of the future profits. 

Recently Cronos Group announced an investment in GinkoBio, a company that is pioneering the production of synthesised CBD. 

This is a significant impact on the industry, as it puts more pressure on Licensed Producers that have spent an inordinate amount of Capex to establish cultivation centers and currently being laughed at.


The money’s in retail

Investors made massive gains in the licensed producers (Aphria, Canopy Growth, and Aurora to name drop a few). 

With recreational legalisation legally in active in place sends shockwaves into all Cannabis retail market-places in full swing.

Remember, it is the retailers that will ultimately capture the lion’s share of the margin, but mega-pharmaceuticals are the super-predators patiently in wait to own all in this end-game.


It’s going to be about brands

Consumers will demand high-quality brands, and with research showing that consumers display great loyalty to their retail outlet and their brand of choice.

Hint: Do you buy beer or do you buy Corona?

Some of the biggest Cannabis Companies in the world are already here

The company "Canopy Growth" leads the prepharma wolf-pack with a valuation of aprox: USD$11.0 billion. 

The Big Pharma, Alcohol and Tobacco are actively tracking the industry and Canopy will eventually be dwarfed by the likes of Coca-Cola, Diageo or Novartis.




Peace Serenity... the Beginning...

Tuesday, July 9, 2019

GRiN-(AltCoin): Cryptocurrency

GRiN-(AltCoin)


GRiN-(AltCoin): Launched on January 15th, 2019, Grin is a cryptocurrency focused on privacy without censorship in its implementation of Mimblewimble. According to their website, the developers want Grin to be usable by everyone regardless of borders, culture, skills or access.

Without address information or amounts stored on the blockchain, the chain is meant to be lean and scalable. Grin was launched without a premine, ICO, or founders rewards and relies on donations to support the long-term development of the project.

GRiN-(AltCoin) is an exciting new cryptocurrency leveraging the MimbleWimble protocol. But tutorials on Grin are notoriously nondescript. This post aims to share exactly how Grin transactions work.




















Introduction:
MimbleWimble and Grin


MimbleWimble is a blockchain format and protocol that provides extremely good scalability, privacy and fungibility by relying on strong cryptographic primitives. It addresses gaps existing in almost all current blockchain implementations.

GRiN-(AltCoin) is an open source software project that implements a MimbleWimble blockchain and fills the gaps required for a full blockchain and cryptocurrency deployment.
The main goal and characteristics of the Grin project are:
  • Privacy by default. This enables complete fungibility without precluding the ability to selectively disclose information as needed.
  • Scales mostly with the number of users and minimally with the number of transactions (<100 byte kernel), resulting in a large space saving compared to other blockchains.
  • Strong and proven cryptography. MimbleWimble only relies on Elliptic Curve Cryptography which has been tried and tested for decades.
  • Design simplicity that makes it easy to audit and maintain over time.
  • Community driven, encouraging mining decentralization.
A detailed post on the step-by-step of how Grin transactions work (with graphics) can be found in this Medium post.

Introduction:


This document is targeted at readers with a good understanding of blockchains and basic cryptography. With that in mind, we attempt to explain the technical buildup of MimbleWimble and how it's applied in Grin. We hope this document is understandable to most technically-minded readers. Our objective is to encourage you to get interested in Grin and contribute in any way possible.

To achieve this objective, we will introduce the main concepts required for a good understanding of Grin as a MimbleWimble implementation. We will start with a brief description of some relevant properties of Elliptic Curve Cryptography (ECC) to lay the foundation on which Grin is based and then describe all the key elements of a MimbleWimble blockchain's transactions and blocks.

Brief primer on Elliptic Curve Cryptography:


We start with a brief primer on Elliptic Curve Cryptography, reviewing just the properties necessary to understand how MimbleWimble works and without delving too much into the intricacies of ECC. For readers who would want to dive deeper into those assumptions, there are other opportunities to learn more.

An Elliptic Curve for the purpose of cryptography is simply a large set of points that we will call C. These points can be added, subtracted, or multiplied by integers (also called scalars). Given such a point H, an integer k and using the scalar multiplication operation we can compute k*H, which is also a point on curve C. Given another integer j we can also calculate (k+j)*H, which equals k*H + j*H. The addition and scalar multiplication operations on an elliptic curve maintain the commutative and associative properties of addition and multiplication:
(k+j)*H = k*H + j*H


In ECC, if we pick a very large number k as a private key, k*H is considered the corresponding public key. Even if one knows the value of the public key k*H, deducing k is close to impossible (or said differently, while multiplication is trivial, "division" by curve points is extremely difficult).
The previous formula (k+j)*H = k*H + j*H, with k and j both private keys, demonstrates that a public key obtained from the addition of two private keys ((k+j)*H) is identical to the addition of the public keys for each of those two private keys (k*H + j*H). In the Bitcoin blockchain, Hierarchical Deterministic wallets heavily rely on this principle. MimbleWimble and the Grin implementation do as well.

Structure of transactions:


The structure of transactions demonstrates a crucial tenet of MimbleWimble: strong privacy and confidentiality guarantees.
The validation of MimbleWimble transactions relies on two basic properties:
  • Verification of zero sums. The sum of outputs minus inputs always equals zero, proving that the transaction did not create new funds, without revealing the actual amounts.
  • Possession of private keys. Like with most other cryptocurrencies, ownership of transaction outputs is guaranteed by the possession of ECC private keys. However, the proof that an entity owns those private keys is not achieved by directly signing the transaction.
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The Begining