CloudCoin Bulletin 47


RAIDAtech reaches 2/3 of financing target; has big event upcoming
RAIDAtech , a private venture to develop new applications for Sean Worthington 's provisionally-patented RAIDA technology, has reached two-thirds of the target for its initial round of fundraising.

Worthington discussed the progress this week on the Digital Frontier Marketing webinar with Bob Cefail .

“Honestly you could be looking at the next Facebook or Google,” Cefail said of RAIDAtech's potential. He said interested potential investors should email himbefore the subscriptions are full.

Worthington and Cefail also discussed RAIDAtech's upcoming sponsorship of the Anti-Counterfeit & Currency Expo (ACCE) in Las Vegas Nov. 6-8. Worthington said RAIDAtech is the biggest sponsor of the event and would have its booth in the premier location--at the entrance to the exhibit hall. RAIDAtech will also have signage around refreshment areas, advertisement videos playing in key locations and a private meeting/reception room.

"We’re going to maker sure everyone that’s in the business of currency and counterfeiting knows we exist and hope to get some good clients," Worthington said.

"We’re going to show how we can actually embed code into physical money... or credit cards. Right now credit card systems have a little chip in it. Believe it or not, that chip can easily be hacked or copied. So we’re going to show how (RAIDAtech) can create systems that cannot be counterfeited and we feel that’s going to be a big value," Worthington said.

Worthington and Cefail also discussed how RAIDAtech can provide solutions for counterfeiting of physical goods--such as high-end handbags by using Bluetooth and Near Field Communication (NFC) technologies.

"When you purchase the handbag you would, at the checkout counter, use your cell phone to take ownership of it. You would password-own it, pown it. You would change all the codes so that you are the only one who knows it. This chip that’s in the purse would then broadcast, every six seconds, the authenticity information about your purse. You would then download an app that is used to authenticate anything, including CloudCoins, which would pick up this signal and it would tell you that (the handbag) is authentic," Worthington said.

RAIDAtech is a separate entity from the CloudCoin Consortium, although some people are involved with both. The Consortium expects RAIDAtech's success will boost the utility (and therefore value) of CloudCoin, as most applications will use CloudCoins in some way.

Here's a look at the first advertisement from RAIDAtech.

RAIDAtech also launched new points social media engagement this week, including a Facebook page and Twitter account .
Trading volume on BitShares remains steady; new exchanges coming
Trading of CLOUDCOIN tokens on the BitShares exchange has remained steady with thousands of CLOUDCOIN changing hands each day.

For a step-by-step guide to buying and selling CLOUDCOIN on BitShares courtesy of Adrian Niculescu click here .
Niculescu has also been working hard to get CloudCoin traded on additional exchanges and is currently working with eight different exchanges, including Binance as CloudCoin Weekly previously reported .
CloudCoin LIVE! postponed this week
Unfortunately there will not be a CloudCoin LIVE! episode this week due to a medical issue.

CloudCoin LIVE! will return next week for Episode 27.

The hiatus will allow CloudCoin LIVE! producers Kenyata Dibiase and Josh Boelman to work out some major changes for the program that have been planned for several weeks. Stay tuned!

Click here if you missed last week's Episode 26.
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