LIFE Token to Release Roadmap by the End of April

LIFE anticipates a window to allow them to redefine the goals, and the new road map will be released by the end of April 2018
12 April 2018   532

LIFE is digital cash, which functions as a reward system for large businesses, charities, communities and innovation projects. It can be bought, sold and traded like shares or can be used to purchase items from a growing number of retailers.

According to the March 5 LIFE update from Luke Chittock, the recently appointed MD, LIFE anticipates a six month window to allow them to redefine the goals, with a new road map to be presented by the end of April 2018.

The previous road map has lapsed, as has certain areas of development as new adopter opportunities have altered the product road map deliverables. The new road map and development schedule once finalised will not be subject to any deviations because we are taking the time to fully scope the requirements and ensure we can fully deliver on the objectives we set as a business.
 

Luke Chittock

Previously, we have reported that LIFEwallet and the first LIFEcards are also released to the public in April 2018. In May 2018 LIFE will hold a conference in London, and the Stage 2 of LIFE adopters will be announced in June, 2018.

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Civic to Buy Identity.com Domain

The domain will become a blockchain platform for the exchange of user data
19 July 2018   111

American startup Civic has acquired the domain name identity.com. According to Vinny Lingham, CEO of the company, the domain will become a blockchain platform for the exchange of user data. This is reported by CoinDesk.

The identity.com platform will be a decentralized ecosystem. Thus, companies that own data will request the user's consent to the issuance of information. Blockchain will allow verifying the authenticity of the user's permission. After that, the company will be able to provide information to the data buyer.

Calculation on the platform will be performed in Civic (CVC) tokens. And thanks to smart contracts, payment will occur after the requesting company receives relevant information.

Previously, the domain was a portal for Internet real estate and belonged to the Inflection. Civic bought the domain name after Inflection stopped operating in this area of ​​business.

Vinny Lingham does not disclose the details of the negotiations and the amount of the deal. Nevertheless, he stated that he always considered the identity.com domain an ideal address for the promotion of his blocking project.

According to CEO Civic, this purchase is an important step not only for the company, but also for the development of the Web 3.0 concept.