trade.io and Civic partner up to provide a new way of identity verification

Civic will provide their blockchain-based id verification technology for the benefit of trade.io users
19 December 2017   1297

trade.io, a cryptocurrency exchange with a very successful ongoing ICO, announced the plans for partnering with Civic – a blockchain-driven identity verification service. Civic is a pioneer in this field and boasts that their services reduce the overall cost of Know Your Client (KYC) requirement.

This is a step in right direction, because trade.io presents the only available cryptocurrency liquidity pool with 50% of the daily revenue designated to participants' payout. And utilizing Civic's services in this case will allow to qualify the clients for exchange and liquidity pool a lot faster, cheaper and, most important, in compliance with the law, so there wouldn't be any unpleasant surprises from the legal side of things.

trade.io CEO Jim Preissler commented on the partnership in question. He pointed out that the main problem in the world of finance is not only getting people to trade fast, but also to make the whole process AML-compliant without disrupting the trade and ease of access to the platform. Also the scalability of the service is crucial to continuous and growing ecosystem like trade.io.

As for the ICO, trade.io has already managed to collect more than 9500 investors, who contributed over $19 million to the creation of the first blockchain-based trading and exchange platform.

Brave Browser Start Paying BAT For Ads Viewing

Brave browser ICO was launched in 2017 by the creator of the JavaScript programming language and ex-Mozilla CEO Brendan Eich; it raised $35M in 30 seconds
25 April 2019   68

Users of the new Brave browser desktop version will finally be able to participate in the Brave Ads program.

Brave is developed by the creator of the JavaScript programming language and ex-Mozilla CEO Brendan Eich and is positioned as something more than a “ad-blocking browser”. The implementation of this idea is based on Brave Ads.

Users who decide to take part in the program will be able to receive up to 70% of the profits generated by the advertisements shown to them, TechCrunch reports with reference to the company's statement. Awards will be paid in the form of own tokens of the Basic Attention Tokens project (BAT), which users, in turn, will be able to share with the creators of the content they like on the network.

By default, donations to BAT will be transferred to owners of sites that a user visits most often, however, developers plan to realize the possibility of exchanging tokens for awards, such as vouchers for restaurant visits or hotel accommodations. Also, earned advertising tokens can be exchanged for other cryptocurrencies and Fiat through exchanges. If desired, users can continue to use Brave without receiving a BAT.

A lot of users don’t want to cash out [when they receive BAT]. It’s not a huge amount of value for most people, so they may prefer to just use it to give back. And that’s the real idea: A browser with the user steering it is replacing the ad tech complex.
 

Brendan Eich

Founder, Brave

BAT can only be used to reward publishers. Soon with their help, users will be able to buy additional content and, possibly, some products. The ability to withdraw tokens will be realized after the introduction of the user identification system.