Malaysia is hosting Global Blockchain Conference 2018

With the ambition to unlock new competitive advantage with blockchain, Global Blockchain Conference is taking place on April 23-24 in Kuala Lumpur
11 April 2018   1611

The capital of Malaysia is going to welcome the participants of Global Blockchain Conference 2018 on April 23-24 at Sheraton Imperial Hotel venue. The philosophy of the event is that the era of internet of information is coming to its end, and internet of value is rising. Asia-Pacific region is recognized as the most favourable towards the development of blockchain. The conference is going to bring together blockchain experts and industry thought-leaders who will share their views on the perspectives of the technology in the region. Legal and regulatory framework is also one of the focuses of the discussion.

Among the speakers there are Dutch government's Head of government blockchain projects Marloes Pomp, Director of Santander Bank John Whelan, CEO of Bluzelle Singapore Pavel Bains, NEM.io Global Director Jason Lee, InterPol's representative in blockchain security Mark van Staalduinen and many others. The agenda for Day 1 is as follows:

  • 8:30  -  9:00AM | OPENING ADDRESS
  • 9:00  -  9:30AM | KEYNOTE BLOCKCHAIN, BITCOIN AND ICOs : ALL HYPE OF THE NEW REALITY
  • 9:30  -  10:00AM | THE FUTURE OF BLOCKCHAIN INNOVATION IN ASIA PACIFIC
  • 10:00 - 10:35AM | BLOCKCHAIN STRATEGIES AND BUSINESS APPLICATIONS
  • 10:50 - 11:20AM | PANEL DISCUSSION "IMPLEMENTING BLOCKCHAIN IN THE REAL WORLD – LEGAL & REGULATORY ISSUES"
  • 11:20 - 11:55AM | WHAT CIOs SHOULD TELL THE BOARD OF DIRECTORS ABOUT BLOCKCHAIN    
  • 12:00 - 1:00PM | CREATING A SUCCESSFUL BLOCKCHAIN FRAMEWORK FOR YOUR ORGANIZATION
  • 2:00  - 2:40PM | TECHNOLOGY INFRASTRUCTURE REQUIREMENTS TO SUPPORT BLOCKCHAIN
  • 2:35  - 3:10PM | THE USE OF BLOCKCHAIN TECHNOLOGY FOR ENTERPRISE ADOPTION
  • 3:10  - 3:45PM | HOW DECENTRALIZATION WILL SOLVE THE COMING DATA STORAGE PROBLEM
  • 4:00  - 4:35PM | TRUSTED IDENTITY IN KYC-PROCESSES            
  • 4:40  - 5:05PM | HOW BLOCKCHAIN TECHNOLOGY WILL AFFECT & UPEND MARKETING IN THE LONG TERM
  • 5:05  - 5:35PM | PANEL DISCUSSION "USING BLOCKCHAIN AS A PLATFORM FOR FUTURE INNOVATION"
  • 5:35  - 6:15PM | PANEL "DISCUSSION CREATING OPPORTUNITIES AND HARNESSING THE POTENTIAL OF SMART CONTRACTS"

SEC to Accuse Veritaseum ICO of Fraud

SEC believes that project's tokensale, thru which it raised $14.8M back in 2017-2018 had a signs of scam and company misled the investors
14 August 2019   197

The U.S. Securities and Exchange Commission (SEC) has sued New Yorker  and Veritaseum-related companies that have been caught by the agency in conducting an unregistered ICO with signs of fraud. It is reported by Cointelegraph.

According to documents published on the network, the SEC intends to hold Reggie Middleton accountable and immediately freeze the assets of Veritaseum Inc. and Veritaseum LLC.

The Commission claims that the defendants raised about $ 14.8 million through an initial coin offering (ICO) in 2017 - early 2018. At the same time, many investors were misled, as the company distorted information about the conditions of the token sale and deliberately hid some significant details.

The American regulator claims that the project still has about $ 8 million of illegally raised funds. According to the SEC, these assets must be frozen immediately.

Amid this news, the Veritaseum (VERI) rate has fallen by 70%. Now the coin is trading near the $ 5 mark, although at the beginning of 2018 its rate was approaching $ 500.

Veritaseum was created as a financial p2p platform, involving the movement of capital without traditional intermediaries. Also, VERI was positioned as a utility token for use in consulting services and access to various research works.

In 2017, Veritaseum blockchain startup fell victim to hackers, having lost $ 8.4 million from ICO investors.