BANKEX Launches Claim Solution Board

BANKEX team has reported on the development of BANKEX Claim Solution Board , which is a service that should help to settle disagreements in the crypto world
17 March 2018   1704

BANKEX is building Internet of Assets, a decentralized network which evaluates assets automatically and instantly, and contributes to the development of a new digital asset trading industry. Its Proof-of-Asset Protocol is a new standard used to create smart assets and smart contracts for decentralized capital markets, which is developed to meet the liquidity challenge and make asset deals faster, simpler and more reliable.

On March 17, BANKEX team has reported on the development of a Claim Solution Board , which is a service that should help to settle disagreements in the crypto world. In general, the Board is a voting system that settles various disputes over the transactions in the blockchain community.

The principle of the Claim Solution Board is the same as BANKEX product mining system, which generates product tokens supervised by a group of product miners who play the role of universal arbitration for all types of disputes on the blockchain.

In this March, the team will be working on some mathematical issues, designing the workflow of the voting process and developing code for it. All the work is expected to be finished in April, and an alpha-version of the Claim Solution Board will be ready for testing.

P. Durov Called to Testify in SEC vs Telegram Case

To testify, Durov will choose the date of January 7 or 8, 2020 and the address agreed by the participants in the process
26 November 2019   252

Telegram founder Pavel Durov and two company employees must come to testify during the current trial with the US Securities and Exchange Commission (SEC), CoinDesk writes referring to a document signed on November 25 by Judge Peter Kevin Castel of the New York Southern District Court. .

According to the document, to testify, Durov will choose the date of January 7 or 8, 2020 and the address agreed by the participants in the process. The main meeting at which the legal status of the Gram token will be decided is still scheduled for late February.

Also on December 16 in London, testimony should be given by Telegram Vice President Ilya Perekopsky, presumably responsible for contacts with investors during tokensales. The third person called to pre-testify on December 10 in London is Syam Pareh, a Telegram employee, whose name is indicated in the documents for investors.