Sociall is set to release closed beta version for testing

The company announced its closed beta version release date is scheduled for March 26 with the focus of fixing bugs and removing security vulnerabilities
21 March 2018   403

The startup Sociall that designs decentralized social network has announced at its Medium blog page the release date of their platform closed beta testing. This announcement follows the end of the closed beta registration with nearly 300 people having signed up. Despite the end of the registration new spots will get opened for more users depending on the quality of the testing process: the next 100 users will be added judging by how the system handles the former 300 already signed up ones This situation is actually the result of an overwhelming interest in the platform. All those who have signed up will receive an email with the instruction on how to get started with the beta testing.

The beta version includes such features as user profiles, blocking/unblocking users, further instant messaging improvements, image posts, link posts, multimedia posts (video, audio — embedding only) testing and debugging. During the beta stage user profiles will be polished off, new feed designs will be added and release structure will be improved. Features like community, groups and events will be added upon the end of the beta testing.

Before the launch of the beta testing stage, third party security audits are planned to be completed and the necessary fixes be applied. The audit concerns main frontend application, authentication server, api server, image processing micro-service, sockets micro-service. According to the roadmap, the community section is planned to be added half way through the beta stage, and the next stage should be public launch set to May, 2018.

To the moment of the publication, the Sociall's token SCL market parameters are as follows:

Average price: $0.242137

Market cap: $4,047,083

Volume (24h): $1,153

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.