Image Image Image Image Image Image Image Image Image Image Image Image

| April 21, 2018

Scroll to top

Top

Media Archives -

PR: Blockchain Enabled Streaming Ecosystem White Rabbit Partners with Media Production Company K5

April 20, 2018 |

Streaming Ecosystem White Rabbit Partners with Media Production Company K5

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

OSLO, Norway — White Rabbit, a blockchain company developing a streaming ecosystem that enables users to reward the films and series they stream, on whatever peer-to-peer platform they choose to stream from, has announced a strategic partnership with K5 International, a subdivision of financing and production company K5 Media Group, which has produced several Oscar-nominated motion pictures.

Co-founder of K5 Daniel Baur will join White Rabbit’s advisory board and provide legal access to over 50 films in K5’s library.

The details of the deal are undisclosed.

“I have been actively searching the blockchain space for over a year, looking for companies that can have a massive impact on the film industry,” Mr. Baur stated. “With White Rabbit, I saw a product that properly integrates blockchain and embraces the existing entertainment industry and fans in a unique way.”

“Such deals show that the conservative cinema industry is becoming interested in innovative technological solutions, and that our WRT token will have a very decent real-life application,” said Alan R. Milligan, CEO and co-founder of White Rabbit.

White Rabbit is currently under development. Once deployed, it will act as a browser plugin that recognizes any sort of movies or TV series streamed online, and, thanks to blockchain technology, enables direct and secure payments for said content to the copyright holders. Additionally, all purchased items will be continuously available to the user in a library known as the Rabbit Hole. All transactions on the platform will be effected in the native tokens of WRT.

“We’re disrupting the new studios subscription model, to ensure greater rewards and transparency for producers, talent, investors and fans. We do this by ensuring fair access for films and series, competition in streaming services and diversity of content,” Mr. Milligan added.

In addition, White Rabbit has also added new tech executives from Blockchangers, which is one of Europe’s biggest blockchain companies. Joining the project are Jonas Therkelson as CTO; Jon Ramvi as lead blockchain developer; and Robin Pedersen as full stack developer.

“We are incredibly excited to have K5, Daniel Baur and the Blockchangers team support our mission to ensure a legal, innovative P2P streaming market, offering fans the choice and access they deserve and the industry a transparent and instant monetization model for rights holders, film investors and talent,” Mr. Milligan said.

White Rabbit’s whitelist registration for its token sale is currently open. The project intends to issue its MVP (minimum viable product) in the second quarter of 2018. A Telegram group for potential contributors is also available.

ABOUT WHITE RABBIT
White Rabbit is solution which includes a browser plugin that aims to resolve the failing business model of digital distribution of film and television series. By offering a peer to peer tokenized system powered by blockchain technology, users can access content globally, reduce cost by paying producers and creatives directly, revenue share with streaming sites to encourage an innovative streaming market and offer a transparent and instant monetization model for producers, investors, artists and entertainers. All purchased items will remain available to the user in the library.

ABOUT K5
K5 has been in the vanguard for many years. The company launched freeX in 1993, the first ever German script development agency; founded K5 Film, a production company with a studio-like package deal with Bavaria Film; and established the digital content company Nowtilus, which became the German market leader in only three years before selling the company to Rovi. The company is developing a mobile AR game based on the world Andrew Niccol created in ANON, ultimately to be played on a PlayStation and going full VR.

Contacts

Website: https://whiterabbit.one
Telergam: https://t.me/jumpin
Email: token@whiterabbit.one

Contact Email Address
token@whiterabbit.one
Supporting Link
https://whiterabbit.one
https://t.me/jumpin

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post PR: Blockchain Enabled Streaming Ecosystem White Rabbit Partners with Media Production Company K5 appeared first on Bitcoin News.

Bitcoin News

Yours Developer Ryan X Charles Discusses Bitcoin-Powered Social Media

April 18, 2018 |

Yours Developer Ryan X Charles Discusses Bitcoin-Powered Social Media

News.Bitcoin.com recently spoke with Ryan X Charles – the creator of the social network Yours.org – to find out what’s been happening with the platform that utilizes bitcoin (BCH) for micropayments. Charles says development is going well and the team is working on a slew of new features for its user base. Furthermore, Charles discusses why he thinks using BCH is the way to go rather than creating a native token for the platform. Additionally, the developer discusses the disintermediation of social media giants like Facebook and government regulations towards cryptocurrencies in the future.

Also read: Bitcoin Adoption Continues to Thrive Within Africa’s Borders    

Our Product Started Working Really Well with Low Fees and Reliable On-Chain Transactions

News.Bitcoin.com (BC): Can you tell our readers what’s been going on with the social platform Yours since it launched?

Yours Developer Ryan X Charles Discusses BCH Powered Social MediaRyan X Charles (RXC): We launched Yours.org on the Bitcoin Cash network last August — When we launched we had a very primitive prototype because it took about a year and a half to actually make micropayments work and at the end of the day what that meant was we had to wait until Bitcoin Cash launched. It didn’t really work well until we had really low fees and reliable on-chain transactions.

So our product started working really well last August and we launched our beta. Since then what we’ve been doing is added a lot of basic features that you would expect to have on a social media app. We had the ability to sign up and write an article with a vote button and a paywall. We didn’t have comments and we didn’t have countless other features that you would expect. So what we’ve been working on is all that stuff and I’d say we have about six more months of work to just finish all the basic features that people want in a social media platform. So, for instance, we only just recently added notifications so that when you earn money or someone comments on one of your posts, the software tells you about it. We have a bunch more features like that we need to finish so that it works as well as the other social media apps that people are familiar with.

BC: What is your opinion of some of the other blockchain social media platforms like Steemit?

RXC: First of all Steemit made their own coin. There’s a philosophical difference here where we just don’t want to make our own token for a lot of reasons. Some of the reasons include that it’s really easy to onboard users if we use the biggest cryptocurrency that works which is bitcoin cash. The users can cash in and cash out as well as get in and out of fiat currency relatively easy. They can even buy things at stores and stuff like that with bitcoin cash at a level that you can’t do with the cryptocurrency Steem, or any other token.

There are also legal reasons — Many of these tokens might be illegal and it depends on what country you live in. All of the properties of tokens are basically strictly worse from a user’s point of view. They don’t care about owning whatever token they just want to send and receive money.

All of those properties are just more desirable on bitcoin cash and furthermore I just think — What is the future people want to see? I think it would be really annoying if in the future every store had its own token. And you gotta have a different token for every app or every platform — there should be one, bitcoin cash that we use for everything. Just internet money and we can use it wherever we want because it’s universally accepted. That is the future Yours is trying to build and we think that’s the most user friendly future.

Instead of having to solve all these problems ourselves we have a very large community – the bitcoin cash community – and we collaborate with others to solve all these problems that we face together.

As far as scaling bitcoin cash, we are working on it, and the whole community is working on it. It’s something that people are researching and developing. So it’s sort of like the network effect — the network effect that we have for bitcoin cash because it’s the biggest blockchain that actually works. So bitcoin cash has always been perfect for us.

BC: How long do you think it will be before social media apps that use cryptocurrency solutions disintermediate the bigger social media platforms like Facebook, Reddit, and Twitter?

Yours Developer Ryan X Charles Discusses BCH Powered Social Media
Ryan X Charles

RXC: I think we are seeing the very early stages of that right now. What I mean by that is I don’t necessarily think Facebook or Reddit and so on will go away. But I do think that if they are going to survive they will have to change. We are only just at the start of seeing how cryptocurrencies are going to completely change the way the world economy works. When that comes to social media that means advertisements are not going to be the dominant funding mechanism forever. We’re gonna see alternatives come up with concepts like micropayments based on bitcoin cash or maybe other technologies we are seeing today.

I think micropayments or just payments, in general, are some of the most important use cases for users and you can do things that people thought of a while ago but these things were impossible to do until we had a real working micropayment system which bitcoin cash lets us do.

So I’d say from a timing point of view I’d expect within five years these major companies are going to either embrace cryptocurrency in some sense or then they are going to have a problem.

BC: Do you feel cryptocurrencies need to be adopted more before this takes hold of social media?

RXC: The adoption of our platform is very much tied to the adoption of cryptocurrencies as a whole for better or for worse. So it is for the better in a sense that as cryptocurrencies progress, we grow and more users come into the industry, they sort of discover our app. Then they become interested in what Yours is doing. So that’s a good thing that evolves like any emerging industry.

It’s kinda like riding this wave that you ride with other people and it works for all of us. But it’s also for worse in the sense that when the price goes up and down we go up and down with it — so when the market crashed in December until now our traffic and all of our metrics actually went down. Our metrics started going back up again but again that’s the downside because it’s not exclusively good.

BC: How do you feel about the theory that ‘platform coins’ like steem or ethereum might be less regulated in the future than ‘settlement coins’ like bitcoin cash?

RXC: I think that sounds exactly the opposite what I think is going to happen. I don’t think they can really regulate bitcoin cash and if they regulate it it’s gonna be in a way that doesn’t affect the base protocol. I don’t actually think it’s in government’s capacity to do that — I could be wrong about that. It’s regulated in a different way because it’s the businesses that are being regulated not the protocol. So any business that’s a custodian of cryptocurrencies they have to comply with money transmitter regulations and even banking regulations. That’s very different than actually regulating a cryptocurrency and I don’t think these other coins are going to get away from regulations. I think it’s the exact opposite because they do things that are explicitly trying to evade regulatory policies.

They do it in a way that is basically illegal in a lot of places and I think what we will see this year basically the ones that are outright fraudulent they will be charged and in some cases be arrested.                        

BC: Do you think platforms like Yours will face regulatory scrutiny?

RXC: Basically no because we tried to architect our app in a way that is explicitly unregulated. So we don’t hold our users’ money. It’s just a wallet that users use to send and receive to each other. However, I would say that as we get bigger it does seem like regulations will be inevitable. I don’t know what that will look like exactly but it hopefully won’t be in a way that impacts our product or our users. That’s really tough to say because we are a business and we’re located in San Francisco California, and we’re in the U.S. so we do have to comply with whatever regulations we believe is reasonable. As governments get clued in on this technology they will pass regulatory guidelines down to registered businesses.

What do you think of the Yours social network? Have you tried the platform yet? Let us know your thoughts on this subject in the comments below.


Images via Shutterstock, Yours.org, Pixabay, and Ryan X Charles.


Bitcoin News is growing fast. To reach our global audience, send us a news tip or submit a press release. Let’s work together to help inform the citizens of Earth (and beyond) about this new, important and amazing information network that is Bitcoin.

The post Yours Developer Ryan X Charles Discusses Bitcoin-Powered Social Media appeared first on Bitcoin News.

Bitcoin News

China Social Media Site Reverses Gay Decision

April 16, 2018 |

One of China’s top social networking sites announced Monday that it will no longer be censoring content related to gay issues after the plan triggered a loud public outcry. Weibo.com was flooded over the weekend with the hashtags “#I’mGay” and “#I’mGayNotaPervert” after the Twitter-like platform said that cartoons and…
Newser

James Comey Is Going on a Media Blitz. RNC Has a Plan

April 12, 2018 |

James Comey has a book coming out and an accompanying “media blitz” starting Sunday—and the Republican National Committee, in turn, has its own plan to discredit the fired former FBI director, according to CNN and ABC News , which have obtained copies of talking points the RNC prepared to distribute…
Newser

Hannity Accepts Kimmel Apology, Slams ‘Corrupt Media’

April 10, 2018 |

They’ll probably never be on each other’s Christmas cards lists, but the feud between Jimmy Kimmel and Sean Hannity appears to be over. On his Fox show Monday night, Hannity grudgingly accepted what he called a “forced, corporate, Disney apology ” from Kimmel, Mediaite reports. “From my perspective, I really do…
Newser

Korean Crypto Exchange Launching Social Media P2P Payment System

April 9, 2018 |

Korean Crypto Exchange Launching Social Media P2P Payment System

South Korean cryptocurrency exchange Bithumb is launching a P2P payment platform for social media including social networking sites and blogs. The exchange is also preparing to sell 12,500 kinds of mobile vouchers from 600 brands.

Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

Social Media Crypto Payment System

Korean Crypto Exchange Launching Social Media P2P Payment SystemThe second largest crypto exchange in South Korea, Bithumb, recently announced that it is launching a “social media optimization payment platform.” Tentatively called SNS Pay, this P2P platform supports payments on social media including social networking sites (SNS) and blogs, the exchange detailed, adding that:

SNS Pay is a service that integrates support for sharing, billing, and marketing products registered on social media. In particular, [we are] implementing a system to allow payments with the same UI/UX and social media.

Bithumb explained that customers can use its new platform to buy goods that are popular on social media without having to search for an online store that sells the products. “By utilizing SNS Pay [for] shopping on social media, the conversion rate leading to the actual purchase is expected to be significantly improved,” a Bithumb official said, adding that “SNS Pay increases the payment convenience to lower transaction costs.”

Korean Crypto Exchange Launching Social Media P2P Payment System
Illustration provided by Bithumb.

South Korea is among the countries with the highest proportion of active social media users. Its current population is 51,118,262 as of March 31, based on the latest United Nations’ estimate. According to data from Statista, 84% of the population are active social media users as of the third quarter of last year, with almost 43 million people actively using Kakao Talk in the second quarter of last year.

Partnership with Wincube Marketing

Last week, Bithumb also announced that it has formed a strategic partnership with Wincube Marketing, a Korean e-commerce site offering coupon services.

Korean Crypto Exchange Launching Social Media P2P Payment System

“Under the partnership with Wincube Marketing, Bithumb will sell 12,500 kinds of mobile vouchers from 600 brands through gift certificates,” the exchange wrote, adding that customers can use their cryptocurrencies held at the exchange or Korean won to purchase gift certificates and gifts. Bithumb currently offers trading of 15 cryptocurrencies: bitcoin, ripple, ether, eos, icon, qtum, tron, ethereum classic, vechain, bitcoin cash, litecoin, bitcoin gold, monero, dash, and zcash. The exchange elaborated:

Cryptocurrency is now out of the investment vehicle only [phase]. [It] started to play a function of real money.

What do you think of Bithumb’s social media payment system and partnership to sell gift vouchers? Let us know in the comments section below.


Images courtesy of Shutterstock and Bithumb.


Need to calculate your bitcoin holdings? Check our tools section.

The post Korean Crypto Exchange Launching Social Media P2P Payment System appeared first on Bitcoin News.

Bitcoin News

Bitcoin Cash Tip Bots Are Making Rounds Across Social Media

April 9, 2018 |

Bitcoin Cash Tip Bots Are Making Rounds Across Social Media

At the moment, there are a few bitcoin cash (BCH) based tipping bots allowing the transfer of micropayments between Reddit users, Twitter feeds, and Telegram conversations. Over the past few months, the BCH community has been utilizing two micro-tipping bots that can transfer BCH on all three of these platforms.

Also Read: ADS Securities Adds Bitcoin Cash, Litecoin, and Ripple CFDs

Tippr the Bot That is Spreading Bitcoin Cash Across Reddit and Twitter

Bitcoin Cash Tip Bots Are Making Rounds Across Social MediaThe bitcoin cash community likes to spread adoption, and these days they have been using tools that help spread the use of BCH across the internet and even over SMS (Short Message Service) as the currency can be sent as a text message. A few months ago there was an application called Cash Tipper that allowed Reddit users to tip each other BCH but the platform has since gone offline. Following that tipping platform, a new bot called Tippr that BCH proponents can use on both Reddit and Twitter platforms.

The tipping bot Tippr has distributed thousands in BCH since its creation on both platforms. According to Tippr statistics, the bot currently has 11,810 users who have sent 25,576 tips just on Reddit worth $ 85,261 (59.9 BCH). Users like ‘Asicshack’ are very generous as the Reddit user has given away $ 7,582 in BCH to fellow users. The top eight largest tippers have spent well over $ 2K per individual. On the receiving end, some users in the bitcoin cash community have reaped the benefits of Tippr’s services. For instance, the lead developer of Bitcoin ABC, Amaury Séchet (Deadalnix) has received over $ 2,300 worth of BCH.    Bitcoin Cash Tip Bots Are Making Rounds Across Social Media

Tip People on Telegram With TipmeBCH

Another platform, Telegram, is one of the most popular instant messaging applications worldwide, and just recently the platform announced the accumulation of 200 million active monthly users. A large portion of users on Telegram are cryptocurrency proponents and there’s a wide array of different digital currency channels and groups. Further, there are many tools on Telegram that crypto-enthusiasts use on the platform to get news bots and automated Twitter and Reddit feeds. One unique tool on Telegram is the app ‘Tip me BCH’ an in-line bot that enables Telegram users the ability to tip each other bitcoin cash.

Bitcoin Cash Tip Bots Are Making Rounds Across Social Media

The developer Andreas Brekken created ‘Tip me BCH’ so users can tip friends and random Telegram users pennies or even dollars worth of BCH. The bot works very well on the instant messaging application and the bot offers a list of commands like “deposit,” “tipbch,” “balance,” and more. Brekken details that users should only keep a small amount of funds on the bot as there could be a loss of BCH if there happened to be a bug. The ‘Tip me BCH’ codebase is available on Github for review. Brekken states on the repo that the software is “highly experimental and may lead to loss of funds.”

Bitcoin Cash Tip Bots Are Making Rounds Across Social Media

So far both ‘Tip me BCH’ and Tippr has been welcomed by the BCH community and the applications are getting their fair share of users. Bitcoin cash proponents believe platforms like these will definitely spread adoption by showing how cheap and easy it is to send BCH.

What do you think about Tipme BCH and Tippr? Let us know what you think about these apps in the comments below.


Images via Tippr, Shutterstock, and TipmeBCH


The Bitcoin universe is vast. So is Bitcoin.com. Check our Wiki, where you can learn everything you were afraid to ask. Or read our news coverage to stay up to date on the latest. Or delve into statistics on our helpful tools page.

The post Bitcoin Cash Tip Bots Are Making Rounds Across Social Media appeared first on Bitcoin News.

Bitcoin News

TMZ

Donald Trump Spent $27k In Taxpayer Money Tracking Media Stories after Stormy Daniels Sued Him

March 31, 2018 |

Donald Trump spent $ 27,000 of taxpayer money to monitor media reports … and it was done the day after Stormy Daniels sued the President. According to Federal Procurement documents obtained by TMZ, the payment was authorized March 7 by the…

TMZ.com

Vatican Media Chief Quits Over Use of Letter From Retired Pope Benedict

March 31, 2018 |

The head of the Vatican communications office resigned over the promotional use of a letter from retired Pope Benedict XVI, an incident that has undermined the credibility of a media operation that is being reorganized under Pope Francis.
WSJ.com: What’s News Europe

US to Seek Social Media Details From All Visa Applicants

March 30, 2018 |

The State Department wants to require all US visa applicants to submit their social media usernames, previous email addresses, and phone numbers, vastly expanding the Trump administration’s enhanced vetting of potential immigrants and visitors, the AP reports. Previously, social media, email, and phone number histories were only sought from applicants…
Newser