2018 VC investment into crypto startups set to surpass 2017 tally

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MW4A under the terms of distributed ledger technology services agreement signed with Petroteq in November The platform will be designed as a "one-stop shop" that will provide both small and large oil and gas producers and operators with the ability to customize their own distributed ledger modules that will permit each company, in eplug blockchain capital secure "closed" environment, to document, track, and account for eplug blockchain capital supply of equipment, materials and services in project, field, and lease development.

Our emphasis is ongoing innovation, research of new capabilities of the distributed ledger for the industry. The Petroteq platform will be built on the Hyperledger Platform and will use a BlockChain to provide real-time supply chain management. The Hyperledger is an open-source BlockChain technology platform intended as a foundation for developing industrial BlockChain applications.

Its modular eplug blockchain capital allows for plug-and-play components, such as smart contracts, consensus verification, and other services. Eplug blockchain capital Petroteq platform will utilize a "smart contract" system on the BlockChain that will improve efficiencies in the areas of service contracts and purchase orders, insurance verification, tracking and monitoring of equipment and materials, work progress, and overall cost containment and management.

Petroteq management commented, "We have begun a journey with First Bitcoin Capital to exploit the potential of this new technology. We are pleased with eplug blockchain capital assistance and cooperation we are receiving from the team and look forward to achieving a proof of concept eplug blockchain capital demonstrate feasibility and a pilot that will eplug blockchain capital us to test and evaluate these BlockChain applications in our business and field operations.

BITCF is engaged in developing digital currencies and proprietary BlockChain technologies, and the digital currency exchange - www. We see this step as a tremendous opportunity to create further shareholder value by leveraging management's experience in developing and managing complex Blockchain technologies and in developing new types of digital assets since early Being the first publicly-traded cryptocurrency and BlockChain-centered Company, we provide our shareholders with diversified exposure eplug blockchain capital digital cryptocurrencies and BlockChain technologies.

Petroteq is engaged in the development and implementation of its proprietary, environmentally friendly heavy oil processing and extraction technologies. The Company is currently focused on oil and gas exploration and production on mineral leases located in southwest Texas held by Accord GR Energy Inc. The Company is also developing methods and technologies to optimize petrochemical industry workflow processes.

Certain statements contained in this press release may constitute "forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result eplug blockchain capital various important factors as may be disclosed in company's filings. In addition eplug blockchain capital these factors, actual future performance, outcomes, and results may differ materially because of more general factors including without limitation general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes.

The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.

These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the eplug blockchain capital of the press release. Such forward-looking statements are risks that are detailed in the Company's filings, which are on file at www. Contact us via info bitcoincapitalcorp. About Petroteq Energy Inc. Forward-Looking Statements Certain statements contained in this press release may constitute "forward-looking statements.

First Bitcoin Capital Corp.

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Nxt is an open source cryptocurrency and payment network launched in November by anonymous software developer BCNext. It uses proof-of-stake to reach consensus for transactions—as such there is a static money supply and, unlike bitcoin , no mining. Nxt was specifically conceived as a flexible platform around which to build applications and financial services.

Users can also create new currencies within the system. The last major release enabled Multisignature capabilities and a plugin-system for the client. On 28 September Bitcointalk. On 18 November fundraising for Nxt was closed. It revealed that 1,,, coins had been distributed to 73 stakeholders in proportion to their level of contribution.

Meant to serve as building blocks for businesses to construct Blockchain solutions for particular problems. The core infrastructure of Nxt is complex.

This adds risks as compared to the more lean bitcoin, but makes it easier for external services to be built on top of the blockchain. A peer-peer exchange allowing decentralized trading of shares , crypto assets.

Since the blockchain is an unalterable public ledger of transactions, the Asset Exchange provides a trading record for items other than Nxt. To do this, Nxt allows the designation or "coloring" of a particular coin, which builds a bridge from the virtual crypto-currency world to the physical world.

Arbitrary Messages enable the sending of encrypted or plain text, which can also function to send and store up to bytes of data permanently, or 42 kilobytes of data for a limited amount of time.

As a result, it can be used to build file-sharing services, decentralized applications, and higher-level Nxt services. Allowing holders of the currency or Nxt-Assets to vote in a cryptographically proven and externally verifiable way.

This can be used for future development decisions, or for shareholder voting. It can also be applied to public elections and community based decision-making. The standard Nxt client supports the installation of plug-ins. This makes it possible for external developers to add features or usability enhancements. The plug-ins are not contained in a sandbox. From Wikipedia, the free encyclopedia.

For other uses, see NXT. Retrieved 21 December Retrieved 22 December Retrieved 14 June Bitcoin's Revolution Moves Beyond Currency". Retrieved 25 September Proof-of-authority Proof-of-space Proof-of-stake Proof-of-work. Dogecoin Gulden Litecoin PotCoin. Dash Decred Primecoin Auroracoin.

IO Gridcoin Nxt Waves. Cryptography portal Economics portal Free software portal Numismatics portal. Retrieved from " https: Cryptocurrencies Free software programmed in Java programming language Currency introduced in software Volunteer computing Financial technology Alternative currencies Darknet markets.

Tagged pages containing blacklisted links Pages using deprecated image syntax Infobox currency with an unlinked website. Views Read Edit View history. In other projects Wikimedia Commons.

This page was last edited on 12 May , at By using this site, you agree to the Terms of Use and Privacy Policy. The language s of this currency does not have a morphological plural distinction. Wikimedia Commons has media related to Nxt.