Ethfinex, Melonpor, Request Network and more to Cooperate with Auctus on Lab Initiative

Auctus launches Auctus Labs in collaboration with Ethfinex, Request.Network, Ripio Credit Network and others with the aim of replacing centralized components with decentralized ones
23 March 2018   320

Auctus, the world’s first retirement plan platform, has announced the launch of Auctus Labs in collaboration with Ethfinex, Request.Network, Ripio Credit Network, Melonport, Amadeus, 0x project and Bluzelle, powered by Aragon.

After releasing the alpha version of their ‘Auctus Platform’ on Ethereum Rinkeby test network, is launching Auctus Labs with the aim of replacing centralized components with decentralized ones, in an attempt to fully decentralize their platform.

Auctus LabsAuctus Labs

Developers of the different teams will be working closely together, testing new releases whenever new updates become available. The prototypes will be available on Auctus’ public GitHub and the lab is open to other projects that want to collaborate.

Auctus stated that it will run the lab in parallel to its main development. Main development will go on with already established components. However, once new components from the lab reach a stable stage and have passed all tests, they will be benchmarked against existing components and might replace the existing ones.

Ethfinex statementEthfinex statement

Melonport statementMelonport statement

Amadeus Relay statementAmadeus Relay statement

About Auctus

The Auctus Platform is a global smart contract-based retirement and goal-based saving platform with specialized portfolio management services for traditional equity and bond investments, as well as cryptocurrency investments. The platform provides the user an aggregated view of all retirement savings, from government regulated IRA/401k plans, voluntary traditional retirement plans, as well as crypto wallets.

AuctusAuctus

Auctus’ mission is to put retirement savers back in control of their retirement plan by providing the information needed to take well informed decisions and using blockchain to increase transparency and automation. Auctus offers robo advisory, transparency, automation and record keeping, as well as a marketplace that allows the retirement community to come together without middlemen.

Auctus is conducting its main token sale between March 27 and March 31. Prospective contributors can still register here.

Bakkt to be Launched in December

It is also reported that Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure
19 October 2018   53

The expected launch of the Bakkt will take place on December 12 of this year. It is reported by The Block, citing informed sources.

Also, the material states that the investment bank Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure. At the same time, the bank is considering the possibility of trading futures on a new platform.

In a recent Fortune interview with Bakkt, Kelly Lofler said that the cryptocurrency market is on the verge of a revolution comparable in size to the one that occurred on the energy market in the early 2000s.

Greater institutional participation in the digital asset markets requires secure and regulated custody solutions. We are impressed by BitGo’s product, unique services, and the management team. We view our investment in BitGo as an exciting opportunity to contribute to the evolution of this critical market infrastructure.
 

Rana Yared

Managing director, Goldman Sachs’ Principal Strategic Investments group

Bakkt is a cryptocurrency unit of the Intercontinental Exchange (ICE), which is the operator of the New York Stock Exchange. Giants such as Microsoft and Starbucks are taking part in creating of the new project, which is positioned as an “ecosystem for digital assets”.

The new platform will offer deliverable bitcoin futures to the market (unlike the settlement contracts for CBOE and CME, these are based on the underlying asset). The platform will support multiple fiat currencies.