Polish Credit Office to set Blockchain Resolve

The Polish BIK, collaborating  with Distributed Ledger Technology (DLT) provider Billon, is to adopt blockchain for storage and security of customer information
16 May 2018   755

BIK, that is hold by domestic and foreign banks in Poland,  comprise the major banks, keeps over 140 million credit histories of more than 1 million businesses and 24 million people in Poland, providing data on the credit history of bank customers, credit unions, etc. from the whole credit market of the country.

We believe that blockchain technology will transform how the financial sector communicates sensitive data with clients. Our solution will soon be expanded to include electronic delivery with active confirmation and remote signing of online agreements. It is also important that the solution meets the legal requirements of a durable medium of information, as well as the requirements of the EU General Data Protection Regulation [GDPR], which comes into force this month.
Mariusz Cholewa
President, BIK

As the founder and CEO of Billon Andrzej Horoszczak claims, the resolve that Billon has developed with BIK provides the world’s first GDPR-compliant blockchain platform which can upgrade customer service processes and manage the realization of customer rights such as the “right to be forgotten.”

This solution returns control of user data back to consumers, creating a level playing field between individuals and big corporations. The benefits of this solution can have an impact beyond the financial sector, and we anticipate that it will soon be adopted by institutions across industries such as telecommunications, insurance and utilities.
Andrzej Horoszczak
Founder, CEO, Billon

The used for the BIK project DLT solution will place every document in accessible, long-term storage, independent of the status of the contractual relationship status between the service provider and the user. Patents have been registered and the technology is ready to be accepted at performance levels that competes with the  traditional centralized databases.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   830

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”