CloudCoin Weekly Bulletin 68

Sean Worthington addresses central bankers at 'Future of Cash' event

CloudCoin Lead Scientist Sean Worthington outlined his Informational Theory of Perfect Money for representatives of the world's top central banks during theFuture of Cash event Feb. 20-21 in Athens, Greece.

Worthington spoke about the points of failure for distributed ledger technology (DLT aka blockchain) and the alternatives his provisionally-patented RAIDA technology can provide. He shared with the hundreds of attendees ways central banks looking to create digital currencies can launch the ideal sovereign currency using RAIDA. "I was lucky to be able to speak with a lot of people and met with many interested in our technology," Worthington said, "I had a very nice conversation with several central bankers including people from the Federal Reserve. I was also invited to write an article by Cash and Payment Newsjournal." The Future of Cash conference brings together all stakeholders involved in the cash cycle, including delegates from central banks, financial institutions, retailers, cash management companies, technology providers and other suppliers.

CloudCoin to be featured during Wolves Summit in Warsaw

CloudCoin Consortium European marketing guru Adrian Niculescu will be a featured speaker at Wolves Summit , a business networking gathering of more than 2,500 people in Warsaw, Poland March 19-20. Niculescu will share CloudCoin's unique post-blockchain technology and its many benefits, and will take the opportunity to network with the attendees.

Bull run for most digital currencies

Digital currency prices have strongly rallied during the past week, with gainers leading decliners by 13 to one. Forbes reports on bullish indicators and someenthusiasts are predicting bitcoin to rise to $1 million. A surge in value of the broader digital currency market is good for emerging currencies like CloudCoin, as well, particularly as more people become aware of CloudCoin and its next-generation advantages. If you believe now is a good time to acquire additional CloudCoin, reply to this Bulletin to be connected to a trusted Consortium trader.

Connect with Consortium members on LinkedIn

Visit LinkedIn to connect with or follow CloudCoin Consortium and Consortium members like Chris Davis , Lorne Green and Radovan Bajic .

Take the Cryptocurrency Quiz

Want to test your knowledge of digital currency and cryptocurrency? Take this quiz and find out! (Chrome browser recommended for quiz).

Want to work for the Consortium? We're hiring!

The CloudCoin Consortium is on the lookout for proven, experienced and qualified individuals with a passion for digital currency. There are both full-time and part-time openings at California HQ and remote. Software developers/programmers Software testers for all operating systems Minecraft developers/modders Electron programmers HR/personnel professionals Accounting/bookkeeping professionals Marketers, social media pros and PR experts Software solutions salespeople Filmmakers and video specialists Writers and bloggers Click 'reply' with a resume or CV to inquire or visit our Careers page.

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Sean Worthington speaking at The Future of Cash in Athens.

The Future of Cash conference was the first of its kind to bring together all stakeholders involved in the cash cycle. It typically attracts delegates from central banks, financial institutions, retailers, cash management companies, technology providers and other suppliers.

In previous years, The Future of Cash has formed part of EFMA’s Retail Payments Week. However, since April 2016 the event has reverted to its more traditional format of a stand-alone two day event in order to focus on achieving operational efficiencies within the cash cycle. Previous events have been held in Paris and, more recently, Vienna, with Athens playing host to the 2019 event.

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The Futureof Cash

14:40 - DISTRIBUTED LEDGER TECHNOLOGY HAS CHANGED THINKING ABOUT WHAT MONEY IS. BUT WHAT IS THE FUTURE OF MONEY?SEAN WORTHINGTON, CLOUDCOIN

If you look at payments today, how good a job are they doing? Why did DLT (Distributed Ledger Technology) come along and why has it been creating a storm? How are government’s responding and why? How is DLT doing and where is it going?If DLT is not the “perfect” money and if it is not the right answer as an underlying technology to be a currency, what alternatives are there? So if there is a technology that really does deliver the apparent benefits of DLT but without its limitations, how then should central banks respond? If central banks are looking at creating their own crypto-currency, would RAIDA be applicable?

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NEWS: CloudCoin to be used for ICOs and exchange to be built

At least one SEC-approved funding platform will be integrating RAIDA technology to use RAIDA instead of blockchain as the basis for tokenization.

Interested companies are in discussion to utilize RAIDA-based technology to tokenize for a much more efficient and seamless process.
Many companies have explored conducting blockchain-based Initial Coin Offerings (ICOs) and found blockchain tokenization has too many difficulties with adoption and is just too technical.

CloudCoin is the native currency of any RAIDA-based protocols. When companies issue RAIDA-based tokens, each of those tokens is, in whole or part, a CloudCoin. When thousands of companies issue tens of millions of tokens, it elevates the utility of, and demand for, CloudCoin, which are the hallmarks of value.

The advantage to investors is the creation of a viable secondary market for ownership units. These secondary markets will challenge conventional stock markets, commodity exchanges, and currency exchanges by being faster, trustless, more efficient and more secure.

A third-party exchange for RAIDA-based instruments is already in the works, using the popular Modulus platform and to be based in Malta. The exchange would feature CloudCoin, other RAIDA-powered currencies, and all RAIDA-based tokens. An exchange dedicated to RAIDA-based instruments greatly expands the liquidity of CloudCoin and builds greater awareness, leading to ever further adoption, acceptance, and growth. #cloudcoin #raida #wearecloudcoin #blockchain

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CloudCoin Weekly Bulletin 67

RAIDA-based utility tokens, exchange among developments proposed

Several major developments for CloudCoin and RAIDA-based products were discussed during the Digital Frontier News webinar  yesterday. Bob Cefail's guest was Jay LaCour of Megarray and Megabiz . LaCour said his companies had explored conducting a blockchain-based ICO but after learning more about RAIDA, they plan to utilize RAIDA-based technology to tokenize. “It’s basically blockchain 2.0," LaCour said, "The whole world is talking about blockchain as this worldwide disruptor, but its just not nearly as much of a disruptor as CloudCoin." LaCour said current blockchain tokenization faces difficulties with adoption--the process is just too technical. He said RAIDA presents a much more efficient and seamless process. Cefail said he's been in contract with an SEC-approved funding platform about integrating RAIDA technology, and that Megarray's next funding round is ready to go using RAIDA, not blockchain, as the basis for tokenization. This would result, they said, in Megarray/Megabiz clients using the tokens themselves as an option to pay for the companies' services. The breakthrough, Cefail said, comes when thousands of Megarray customers become familiar with the simplicity and ease of use of RAIDA-based tokens and seek similar solutions for their own businesses. Cefail said the RAIDAtech company itself would explore options for tokenizing its own current investors and be using its own technology for future funding rounds. The advantage to investors is the creation of a viable secondary market for ownership units, both for RAIDAtech itself and thousands of other companies. These secondary market would challenge conventional stock markets, commodity exchanges and currency exchanges by being faster, trustless, more efficient and more secure.

LaCour said he has licensed technology form Modulus , which is one of the world's biggest providers of trading platforms for hedge funds, forex and crypto exchanges. LaCour plans to create a new third-party trading platform in Malta for trading RAIDA-based products including CloudCoin, other RAIDA-powered currencies and all RAIDA-based tokens. So how does all of this affect current CloudCoin owners? CloudCoin is the native currency of any RAIDA-based protocols. If a company like Megarray issues RAIDA-based tokens, each of those tokens is, in whole or part, a CloudCoin. When thousands of companies issue tens of millions of tokens, it elevates the utility of, and demand for, CloudCoin, which are the hallmarks of value. An exchange dedicated to RAIDA-based instruments greatly expands the liquidity of CloudCoin and builds greater awareness, leading to ever further adoption, acceptance and growth.

Central bankers will debate 'Future of Cash'

CloudCoin Lead Scientist Sean Worthington will discuss 'perfect money' with representatives of the worlds top central banks during the 'Future of Cash' event Feb. 20-21 in Athens, Greece. According to event organizers, Worthington will answer questions like: If you look at payments today, how good of a job are they doing? Why did DLT (Distributed Ledger Technology) come along and why has it been creating a storm? How are government’s responding and why? How is DLT doing and where is it going? If DLT is not the “perfect” money and if it is not the right answer as an underlying technology to be a currency, what alternatives are there? So if there is a technology that really does deliver the apparent benefits of DLT but without its limitations, how then should central banks respond? If central banks are looking at creating their own cryptocurrency, would RAIDA be applicable? This event will be the first steps toward central bankers developing sovereign digital currencies using RAIDA.

A few more participants needed for market research interviews

Can you spare ten minutes to share your thoughts about the future of CloudCoin? Consortium Marketing guru Christopher Davis has already spoken with several CloudCoin stakeholders to gather their valuable opinions, suggestions, feedback and other comments. Email Chris if you can spare 10 minutes or so for a personal interview by phone or over Skype. All data collected will be anonymous and will help the Consortium as it fully enters Phases III and IV of its five-part operating plan.

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Watch scores of CloudCoin videos on our YouTube Channel .

Take the Cryptocurrency Quiz

Want to test your knowledge of digital currency and cryptocurrency? Take this quiz and find out! (Chrome browser recommended for quiz).

Want to work for the Consortium? We're hiring!

The CloudCoin Consortium is on the lookout for proven, experienced and qualified individuals with a passion for digital currency. There are both full-time and part-time openings at California HQ and remote. Software testers for all operating systems Minecraft developers/modders Electron programmers HR/personnel professionals Accounting/bookkeeping professionals Marketers, social media pros and PR experts Software solutions salespeople Filmmakers and video specialists Writers and bloggers Click 'reply' with a resume or CV to inquire or visit our Careers page.

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CloudCoin DFN Webinar Bob Cefail

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CloudCoin Lan Vu Tuyen Pham Vietnam

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CloudCoin Pham Tuyen Vietnam

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Raidavietnam

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CloudCoin Weekly Bulletin 66

'Send & Receive' service comes to CloudCoin

RAIDA developers have created an important new service called 'Send and Receive'. This service will run inside other applications and allow anyone to send CloudCoins with just two pieces of data within the native application: an account number and an envelope name. This would allow, for example, two players of a video game to exchange CloudCoins within the game using the account numbers and envelope names within that game. Expanding the utility and liquidity of CloudCoin remains a priority for the Consortium.

Help CloudCoin by taking part in market research interview

Can you spare ten minutes to share your thoughts about the future of CloudCoin? Consortium Marketing guru Christopher Davis would like to speak with CloudCoin stakeholders to gather their valuable opinions, suggestions, feedback and other comments. Email Chris if you can spare 10 minutes or so for a personal interview by phone or over Skype. All data collected will be anonymous and will help the Consortium as it fully enters Phases III and IV of its five-part operating plan.

Final steps for virtual mall accepting CloudCoin as payment

A long-awaited milestone is within reach--virtual mall XYZbuys.com will soon be accepting CloudCoin as payment for goods. Integration and implementation has been a complicated process, but officials at both YXZbuys and CloudCoin say it will be worth the wait. XYZbuys is a virtual shopping mall with 130-plus name brand and specialty retail stores featuring over two million products, in additional to products and services offered by hundreds of XYZ affiliates. CloudCoin users should be able to spend coins at XYZbuys as soon as March, according to CloudCoin lead scientist Sean Worthington's monthly reportearlier this week.

Don't miss a single CloudCoin Tweet

Follow CloudCoin on Twitter to get the latest news. #cloudcoin #RAIDA #futuremoney #digitalcurrency

Take the Cryptocurrency Quiz

Want to test your knowledge of digital currency and cryptocurrency? Take this quiz and find out! (Chrome browser recommended for quiz).

Want to work for the Consortium? We're hiring!

The CloudCoin Consortium is on the lookout for proven, experienced and qualified individuals with a passion for digital currency. There are both full-time and part-time openings at California HQ and remote. Software testers for all operating systems Minecraft developers/modders Electron programmers HR/personnel professionals Accounting/bookkeeping professionals Marketers, social media pros and PR experts Software solutions salespeople Filmmakers and video specialists Writers and bloggers Click 'reply' with a resume or CV to inquire or visit our Careers page.

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