Category Archives: Financial

Why ANB Blockchain is the Next Blockchain of the People

Blockchain technology is a need but access is only given to few. Therefore, ANB blockchain is providing access to everyone and not only one by lowering the gas fees and providing a Scan, Testnet, Wallet, and DEX-bridge-Multichain in one chain.

Cambridge, Cambridgeshire, United Kingdom | December 28, 2021 — ANB Blockchain (Access Next Blockchain) will set its launch to the public. ANB Blockchain is a product of a community that had been into cryptocurrency and blockchain technology, for almost 6 years on trading and experiences combined, the community behind this blockchain project lose a lot more than gaining.

Blockchain technology is new to the public eye and it is complicated to learn especially if you have little knowledge about it. People only hype the financial aspects of it in economics but never mention the risk factor of it upon the scenario. This means that as a blockchain you have a right to take control and responsibility for the project being deployed within your chain but most blockchain technologies right now never take that measure. Allowing rug-pull projects deployed on your chain is a bit unethical reason is always advised to “DYOR” or “Do Your own Research” but still, as a blockchain, you have the right to protect your investors.

Blockchains has different purpose different functions and vision so thus ANB Blockchain.

ANB Blockchain is layer 2 with an enhanced architecture and security.

IBFT (Istanbul Byzantine Fault Tolerant) Consensus Protocol, Bonsai Tries Data Storage, Advance Proof-of-Stake is Proof-of-Authority, Permission-less, On-chain Governance and has the Lowest Gas Fee nearly Zero.

ANB Blockchain will reshape the future of blockchain technology and implement the real use of blockchain technology. For blockchain is a system and a platform where people can develop projects that are useful, companies can deploy tokens to support their company’s financial status quo. ANB Blockchain encourages everyone to learn the right use of blockchain technology and make it meaningful full with a purpose.

ANB Blockchain is ready to set. ANB Testnet, Scan, Wallet, and DEX-Bridge-Multichain projects are almost done and can be used by January 2022. ANB Blockchain will have its ICO and IEO to place the ANB Coin in exchanges. SInce ANB Blockchain is for the community, the ICO amount set for the public is 30 million.

Hence, ANB Blockchain is a community blockchain from which you can benefit. Support ANB Blockchain for this is your way to trade. Access is given and access is already granted. Let us bring ANB to exchanges so that we can have a blockchain that has a heart for the community and has a vision and plans for everyone.

Twitter: ANB Blockchain (@anbblockchain) / Twitter

Medium: @anbglobally|Medium

LinkedIn: ANB Globally | LinkedIn

Telegram: t.me/ANB_blockchain

Email: info@anbcoin.info | anbglobally@gmail.com

Press & Media Contact:
ANB Blockchain
Cambridge, Cambridgeshire
United Kingdom
+44 7441 446200
anbglobally@gmail.com
http://www.anbcoin.info

How Care Ultima Became America’s Most Trusted Health Solution

Care Ultima becomes the most trusted healthcare solution for American citizens. Irrespective of your status of health insurance you can become a part of care ultima and enjoy the benefits.

Chino Hills, CA – USA | December 13, 2021 — Care Ultima, becomes one of the most trusted healthcare companies for American Citizens. There are many people around there who haven’t availed of any kind of health insurance plan, so this can be the best solution for them.

Care Ultima is basically a virtual health clinic, including the entire family, all for less than $1/day…Incredible! You can enjoy the benefits of Virtual healthcare, be it business owners, entrepreneurs, or individuals of any other profession, Care Ultima is the best company of its kind in the world!

Whether you have health insurance or not, every American needs to join Care Ultima! The company offers different benefits to different individuals, be it a mother or children. You can always check the benefits and opt for them.

This is literally the best option for anybody to get quick and easy access to top-rated physicians 24/7. You are charged less than $/1 a day and give the entire family access to doctors 24/7. This makes it fit into your budget as well. Licensed doctors are available in minutes via the online, phone, or mobile app, 24 hours a day, 7 days a week. Care Ultima allows your phone or video access to the top doctors, no matter where you are!

It’s possible to get a yearly subscription for less than $1 each day. There are no co-pays and you can use the service as much as you like. They offer the entire family at no extra charge. You can easily get the membership of the company by registering yourself without any restriction of age or gender. This process gets completed in hardly two minutes and then you can enjoy the benefits.

Non-emergency ailments such as colds and flu, sinus infections, allergies, and more can be easily treated 24 hours a day, 7 days a week.

Care Ultima also boasts a network of experienced pediatricians to help out your young loved ones. Every Mother needs Care Ultima as there’s nothing more comforting than having experienced pediatricians practically on speed dial 24/7. They are the ones who will guide you by just a phone call or via video calling.

The company has specialized pediatricians who take care of any issue related to children. They treat the children with non-emergency conditions like flu, pink eye, stomach ache, and more. Care Ultima proves an effective way to avoid unnecessary emergency room or urgent care visits.

In addition to virtual doctor appointments, care ultima provides you with drugstore discounts, health and wellness information, and free 24/7 email or smartphone app access to doctors, pharmacists, psychiatrists, dentists, dieticians, and more. Hence, Care Ultima is literally the future of healthcare, for no additional cost!

For more details, please visit https://www.careultima.com/

Press & Media Contact:
Media Relations
Care Ultima
13920 City Center Drive. Suite #210,
Chino Hills, CA 91709
United States
+1 909-248-2468
info@careultima.com
https://www.careultima.com

Effortlessly Manage Educational Institute’s Finance and Admin with Anthem

Anthem is a SaaS tech product to make the back-end processes of schools and educational institutions easy and smooth.

Chennai, Tamil Nadu – India | October 13, 2021 — When it comes to education, people always look for the best institutions. Usually, educational institutions are analyzed on factors like education quality, fee structure, staff, etc. Back-end processes are often neglected, which leads to major financial issues.

Keeping a track of the number of students, their fee payments, school resources, revenue, etc. are some of the core factors. A glitch in any of these can cause a major hassle in the functioning of an institution.

In a technologically driven world, everything has gone digital, especially after the COVID-19 pandemic. Educational institutions are now operating online. Institutions can now easily keep a record of expenses, fee, student data, and other resources. Wondering how to make this possible?

Anthem is the ultimate solution here. It is a SaaS tech product to make the back-end processes of schools and educational institutions easy and smooth. Its objective is pretty simple – Anthem acts as a watchdog that tracks all the information and data of the school. This includes the funds, resources, number of students, staff salary, revenue, admission details and inquiry, and everything else that falls in the ambit of back-end tasks.

About Anthem:

The Anthem was started in 2018 by Shiv Vadivelalagan and Pavee Ramanisankar. Anthem is backed by Elevation Capital and awarded by Harvard University. It aims to provide better financial management solutions to the educational institutions so they can generate the right amount of revenue without overcharging the students.

Delayed fee payments, fee issues with parents, low revenue, and other financial issues can lead to major problems. This is where Anthem assists the educational institutions. They can now say goodbye to those long Excel sheets. Embrace the developing technology with Anthem and manage the school finances the right way.

Why Trust Anthem?

Relying on something new can be difficult. It’s okay to feel skeptical in such situations. But one should never shy away from trying new things. Here is a list of the major benefits to be availed of by choosing Anthem.

Better records:

We all know how cumbersome it is to track the cash flow. Having multiple spreadsheets only elevates the confusion. But with Anthem, one can manage all the records and data at a single place. This single platform manages revenue and expenditure with zero confusion or error.

Quick fee collection:

Anthem provides multiple ways to ensure that the fee is timely collected. It includes sending automatic payment reminders, notifying about prepay discounts, collecting fees online, calculating late-fee penalties, etc.

Enhanced profit:

A clear overview of the school’s financial situation helps in analyzing aspects like where to cut costs and where to generate revenue from. Anthem serves as an efficient tool in enhancing the institution’s profit.

Tracking defaulters:

There may be students in a school who always pay their fees late. Anthem effortlessly detects them and sends automatic fees payment reminders.

Reasonable price plans:

The plans offered by Anthem do not carry a heavy price tag. These plans cost way less than most AI tools.

An example of Anthem’s success is a small pre-school in Udhampur. This town is located in the Shivalik Himalayan range. Headquartered in Chennai, Anthem has successfully helped it manage its finances. Distance means nothing when one is determined to render the services and help. The startup has assisted more than 12,000 educational institutions in over 500 towns. Anthem is digitizing educational institutions and aims to cover the maximum educational institutions of the country. To change the quality of education, we need to provide better resources to our educational institutions. That is what Anthem is doing – reducing the back-end work so educational institutions can focus more on the education of students.

To know more about its services and success stories, one can visit the official website of Anthem

Website: https://www.getanthem.co

LinkedIn: https://www.linkedin.com/company/getanthem/

Press & Media Contact:
Anthem
77 Chamiers Road,
Chennai – 600 028
Tamil Nadu, India
1800 103 9577
www.getanthem.co

14 Hours Remaining to Invest in Axle.ai on Republic.co

Company announces $1m in bookings to date in 2021; new customers include WatchMojo, Serhant, ASG.

Boston, MA – USA | September 27, 2021 — Video management software vendor Axle.ai is in the home stretch of its 2nd successful equity crowdfund on Republic.co, which ends at midnight PDT today. Axle.ai’s previous equity crowdfunding round, in 2020, was oversubscribed, and this campaign has raised $283,000 (over 11x the original goal of $25,000) of a possible $428,000. The campaign page is at https://republic.co/axle-ai; a 3-minute pitch video featuring Axle.ai’s management can be viewed at tinyurl.com/axlein3mins. Investors can commit as little as $150 to participate in the campaign.

Today, Axle.ai announced it had received over $1m in orders to date in 2021, up from its 2020 tally of $667k and positioning the company to deliver its targeted $1.2-1.3m in revenue for the year. Recent orders include YouTube leaders WatchMojo and Million Dollar Listing star Ryan Serhant’s media team. The company has also been notified that ASG LLC, a leading systems integrator for the media industry, will be launching solutions featuring Axle.ai’s software in Q4.

There is a worldwide explosion of video content. IDC estimates that global data will accelerate exponentially to 175 zettabytes by 2025. A growing, double-digit percentage of this storage is used to house media files. Meanwhile, approximately 400,000 video teams worldwide are responsible for capturing, editing, and managing this content; more than 2/3 of it isn’t readily searchable or available for access after initial use. Axle.ai has more than 700 customers worldwide, including high-profile names such as the NY Yankees, Madison Square Garden, the LA Clippers, PWC, Elevation Church, WB and Paramount. A recent profile of reality-TV production house Pie Town can be viewed at youtu.be/H1xkcQ0YJO8.

Sam Bogoch, CEO of axle ai, said “For years, creative teams have needed a simplified and cost-efficient way to remotely search and manage their content. Our second successful Republic equity crowdfunding raise is helping us deliver these solutions more widely – we encourage everyone to visit republic.co/axle-ai today.”

Other highlights:

•    Last month, Axle.ai announced it had completed acquisition of Noscos, an AI/ML startup focusing on face recognition and logo recognition applications.

•    Another big win for Axle.ai during the crowdfund was securing its largest deal ever – a $365,000 deployment at a major Asia-Pacific region broadcaster.

•    In July, Seagate and Axle.ai announced a strategic partnership around Seagate’s Lyve and LaCie solutions. The companies have begun joint sales activities and have deployed the first combined system to Togethxr.com, a women’s sports media company backed by Alex Morgan and Sue Bird.

Press & Media Contact:
Katy Scott
axle ai, Inc.
+1 617-262-9222
www.axle.ai

A New Digital Approach To Negotiating A Debt Settlement

Fear and stress associated with dealing with overdue debts has become a thing of the past thanks to a new platform called Settled.app. The platform provides useful information on how to negotiate overdue debt with debt collectors and provides a digital platform to generate a customized debt settlement negotiation letter.

Sydney, Australia | May 26, 2021 — Debt can be a very stressful thing for a person to worry about and can have a profound impact on quality of life. However, Settled.app helps eliminate the stress of being in debt, and dealing with endless debt collection calls.

The platform helps educate people on how debt works, how to negotiate with debt collectors, and much more!

“Our goal is to help 1 million customers and reduce overdue debt levels by over $1 billion,” said the creator of Settled.

The services are simple to use. Using the negotiation toolkit, users gain access to the debt settlement letter generator. This then allows them to customize the perfect debt settlement negotiation letter that can result in life changing results. Once the debt settlement letters has been created, users can send it direct to the lender or creditor for acceptance! As all the necessary information will have been provided, there is no need for long and difficult conversations.

Settled. is cost-effective, efficient, fully digital, and has an immediate impact that will leave people thrilled with the results!

“My life changed forever thanks to Settled!” remarked a customer who is now debt-free.

On the Settled. website, users can find all the helpful services provided by the team. Furthermore, there is an abundance of useful information relating to debt on their blog, so users can become fully educated on the topic. They have written some great article recently such as tips on how to raise money for a debt settlement.

There is also a frequently asked questions section so that users walk away fully understanding what Settled. can assist with.

Settled.app is simple, low cost and helps people get on the fast track to a debt free life in less than 15 minutes!

Negotiating with debt collectors is not easy, so Settled. has developed a solution to help.

About Settled.app:

Settled. was founded because we recognised that many people had a lack of knowledge about debt negotiation, especially once you fall into arrears on your loans. Using the Settled. platform, you now have a simple, affordable, and effective way to gain the upper hand in your debt negotiation with banks, debt collectors, or creditors. The Settled. team has a combined 30 years of experience in financial services and debt recovery spanning multiple continents. We know how collectors think, what they look for, and what options they are willing to consider. This knowledge and experience can work in your favour by using us. Honesty. Transparency. Simplicity. Innovation. These core values define Settled. and what we are about. We believe all debt negotiations should be honest and transparent and we will show you how to end the collection calls and clear your debt as soon as today. At all times we encourage our customers to be honest with the information they provide as it will always result in the best possible outcome. Simplicity is at our core and as we speak we are investing in innovative proprietary technology to continually improve our services and help as many people around the world that we can. We are here to help. Be a part of our journey to help 1 million people become debt-free.

Press & Media Contact:
Media Relations
Settled.app
Sydney, Australia
0424 222 4222
https://settled.app

ITFX GROUP launched the ITGFX development strategy plan and entered the Asian market

KUALA LUMPUR, Malaysia, 2021-Apr-17 — /REAL TIME PRESS RELEASE/ — As a high-tech company ITFX GROUP INC has an algorithm system and advanced IT infrastructure providing large-scale development and various services. With the development prospects of the foreign exchange industry becoming more and more favored by investors, the company launched the ITGFX development strategy plan began to move towards internationalization and now has an international foreign exchange business.

Our team of experienced programmers has developed a lot of software for the foreign exchange market, CFD and cryptocurrency market. The solution developed exclusively by our experts is combined with the current largest liquidity provider (quotation). It is designed for arbitrage trading and provides a complete solution for arbitrage of products such as foreign exchange, CFDs and cryptocurrencies, allowing you to easily obtain Profit.

ITFX GROUP INC is one of the few financial technology companies that directly connect to exchange data. Therefore, our customers can get the fastest, most reliable and most accurate quotation. In addition to its own use, the solution has also become a trusted arbitrage trading tool for many large institutional traders. ITGFX’s high-quality, reliable and outstanding customer service has created a good reputation. Due to our persistence in technology excellence, we are currently the most trustworthy foreign exchange company.

ITGFX technical support includes commercial and non-profit organizations and customer groups all over the world. The persistent pursuit and attention to quality has allowed the company to achieve more than 15 years of continuous profitability, which is rare in this highly competitive industry. Relying on the professional background of the investment research team, unique and objective value concepts, and a mature and complete research system, a number of well-known overseas funds have been launched to assist high-net-worth clients to obtain stable returns, avoid the risk of RMB depreciation, and achieve global asset allocation.

In order to comply with the strong market demand and development, in Southeast Asia, Malaysia set up an ITGFX operation center to serve the Southeast Asian market and operate the foreign exchange business. To fully expand the global market, ITGFX welcomes you to join us. We are committed to serving every high-quality partner and creating an industry benchmark.

NOW! ITFX GROUP launched the ITGFX development strategy plan and entered the Asian market.

Media contact:

PETER WECHAT QRCODE

Asia Operations Center Kuala Lumpur, Malaysia

CoapTech Raises $7 Million in Series B Funding Led by Hunniwell Lake Ventures

Baltimore, MD, 2020-Aug-28 — /REAL TIME PRESS RELEASE/ — CoapTech LLC (Baltimore, MD), a leading medical device start-up pioneering the world’s first and only ultrasound-based feeding tube placement system, announced today the closing of a Series B investment of $7 million led by Palo Alto-based medical device venture capital firm Hunniwell Lake Ventures. The financing will be used to fund CoapTech’s commercialization of its FDA-cleared PUMA-G System.

By simplifying gastrostomy procedures to the point where they can be conducted at the patient’s bedside with ultrasound, hospitals using PUMA-G benefit by freeing up surgical suites and personnel resources for COVID and other clinical priorities, minimizing cross-contamination, and improving efficiencies in care.

CoapTech was founded by critical care physician Dr. Steven Tropello and clinical innovation researcher Howard Carolan, to reduce unnecessary delays, harm, and costs for feeding tube placement, a vital therapy for millions of patients each year around the world.

Howard Carolan, CEO and Co-Founder, states: “We have been receiving fantastic feedback from hospitals in our initial launch program, which are using the PUMA-G System to revolutionize feeding tube placement. By using ultrasound at the patient bedside, rather than the conventional approach of orchestrating expensive and inefficient consults, critical care physicians are completing these procedures in minutes, on the same shift a feeding tube is first indicated. We’re seeing early indications those efficiencies result in patients leaving the ICU sooner, which saves hospitals many thousands of dollars per admission. A substantial portion of this new funding is from physicians who have seen the device and believe it can become the new default method for feeding tube placement.”

Dr. Steven Tropello elaborates, “the PUMA-G System is proving itself ready for standard-of-care adoption for safe and timely gastrostomy tube placement. It is also proving a powerful approach in the fight against COVID, by completely eliminating transport of patients, team members, and reprocessed tools throughout the hospital in favor of a sterile, disposable, bedside solution. I am also very excited about other clinical applications of the PUMA platform we are developing and aim to have for patients in the near future.”

This Series B investment was led by Hunniwell Lake Ventures, a Palo Alto-based medical device venture capital firm.

Daniel Teo, Managing Partner at Hunniwell Lake Ventures, further states “Coaptech’s PUMA System has the potential to transform gastrostomy and many other surgical procedures by allowing them to be performed using ultrasound at the bedside, in hospitals, ambulatory centers, skilled nursing facilities, and LTACHs (Long-term Acute Care Hospitals). This also benefits patients by bringing the procedure closer to the Point-of-Demand (PoD) and giving them more options with a larger community of medical providers capable of performing the procedure.

About CoapTech
Founded in Baltimore, Maryland, CoapTech seeks to bring to the international market breakthrough medical devices utilizing the Point of care Ultrasound Magnet Aligned (PUMA) System, a patented technology developed by Dr. Steven Tropello most notably leveraged in the PUMA-G system. PUMA-G was conceived by Dr. Tropello after the critical care physician became frustrated by the inefficiency of the current feeding tube placement system in hospitals. The novel PUMA technology has the potential to disrupt multiple medical procedures with new, minimally invasive alternatives based on ultrasound – substantially reducing costs and improving patient experience, safety, efficiencies, and access.

About Hunniwell Lake Ventures
Founded by Richard Fang and Daniel Teo, successful medical device entrepreneurs turned venture capitalists, Hunniwell Lake Ventures’ mission is to make surgery safer, more accessible and less invasive by investing in surgical innovations that help medical providers See, Treat and Heal better.

Media contacts:

CoapTech
info@coaptech.com
www.coaptech.com

Hunniwell
info@hunniwell.com
www.hunniwell.com

Bitcoin Proof of Stake – BitcoinPoS – BPS

Dallas, TX, USA, 2020-Aug-04 — /REAL TIME PRESS RELEASE/ — The Bitcoin core network today runs on the proof of work algorithm. It leaves the network open to the 51% attack, also it is costly to mine and harmful for the environment. The PoW mechanism has also been a hindrance to scalability.

However, numerous innovations are trying to deal with the issues, facing the Bitcoin network while preserving certain unique aspects of the original concept. For instance, the 21 million tokens supply along with the proven code-base that has been improved over a decade is worth preserving.

The Bitcoin Proof of Stake coin reserves the strongest aspect of the Bitcoin network with a flexible proof of stake algorithm. It presents a new paradigm in the utility of crypto. The Bitcoin PoS coin preserves everything that Bitcoin has while bringing new development to the blockchain technology.

Driving Mass Adoption
When Satoshi Nakamoto launched Bitcoin about a decade ago, his goal was mass adoption of crypto that would replace the current financial system. However, that goal has not been achieved. Many crypto projects in existence today have numerous issues that prevent mass adoption.

The Bitcoin PoS project aims to advance Satoshi Nakamoto’s vision of a decentralized financial network that is independent of centralized control. Bitcoin Proof of Stake is designed to be scalable and easy to use. The goal is to give access of banking services to billions of people globally. To achieve this, Bitcoin PoS aims to be a coin for ordinary retail payments.

About the Proof of Stake Mechanism
The Bitcoin network is secured using a proof of work mechanism. However, the PoW mechanism is energy-intensive and requires expensive mining rigs to secure. The proof of stake mechanism wants to replace how consensus is achieved. Instead of using PoW, the staker that generates a block has to provide proof that they have access to given number of coins.

Generating the block will entail the sending of coins to oneself, which proves ownership. The amount of coins needed for staking is determined via a difficulty adjustment model that is similar to the PoW mechanism. The goal is to ensure an approximate constant block time. Just like PoW, the block generation process will result in rewards via a transaction fee and supply model.

Bitcoin PoS Deals with the Bitcoin Centralization Problems
The Bitcoin network appears perfect to its proponents. However, it has a problem with centralization. The high cost of power and the expensive mining rigs mean that only a few select companies can afford to mine the BTC network.

The result is that only those with access to cheap power can secure the network. Today, most of those miners are located in China, which has led to a high concentration of mining power in one region. In effect, Chinese miners control the Bitcoin network. It was not the vision of decentralization that Satoshi Nakamoto had in mind.

To make the issue worse, the places where the cost of power is low also have highly authoritarian systems of government. Another issue is that in nations where the cost of power is high do not recognize BTC mining as a business. Thus, miners do not get access to subsidized power. It has led to the proliferation of mining cartels with some companies controlling as much as 5% of the mining power.

For retail miners, the only solution is to join mining pools, which effectively control all of the mining power of BTC. As a result, BTC is highly centralized in the current setup and it will only continue being centralized in the future.

Bitcoin PoS Solves the Issue
One of the issues that Bitcoin Proof of Stake solves is the cost of power. The proof of stake mechanism cuts the cost of power by 99%. As a result, it ensures that it will difficult from any entity to monopolize the network. The result is that Bitcoin PoS is achieving the vision of Satoshi Nakamoto.

The Current State of Bitcoin PoS
While Bitcoin Proof of Stake uses a proof of stake mechanism, the Bitcoin PoS still keeps up with upgrades to the Bitcoin network. Any upgrade made by the developers are added to the Bitcoin PoS blockchain. Today, the coin is tradable on crypto exchanges; it has a market price of USD 89.07 according to data on CoinMarketCap. It has a market cap of $308,995,384 and it is ranked at 40 by market cap in the world but actual raking on coinmarketcap.com is 205 because of their raking systems.

New listings on different platforms and exchanges will come.

Media contact:

contact@bitcoinpos.net

Logo:

BitcoinPoS logo

A New Cryptocurrency – BitcoinPoS – Bitcoin Proof of Stake

Chicago, IL, 2020-Jun-1 — /REAL TIME PRESS RELEASE/ — Investing in Bitcoin (BTC) is now expensive, and getting your own through mining is nearly impossible for the average person. However, a new opportunity can be found in Bitcoin Proof of Stake.

BitcoinPoS: The Best of Bitcoin and PoS
Bitcoin Proof of Stake (BTP) was created by a team of developers that recognized the capabilities of the Bitcoin code and sought to improve them. They did this by replacing Bitcoin’s Proof of Work consensus protocol with Proof of Stake, resulting in a new and improved coin called BTP.

Proof of Work has proven that it is a less efficient protocol when compared to PoS, as it moves slower, cannot be easily scaled, and can favor centralization.

To improve upon the unique features of the Bitcoin code, the developers introduced Proof of Stake, thus creating a new coin, BTP, which challenges the boundaries of crypto functionality. If the Bitcoin core goes through an update, then BitcoinPoS will be immediately updated to include the new alterations.

The BitcoinPoS network can create no more than 21 million BTP. The new coins are generated not by mining, but through staking. The supply of BTP is managed from its protocol, which cuts the block reward once every 4 years by 25% every 700k blocks. BTC decreases with 50% of the reward every 4 years.

BitcoinPoS and Its Advantages

Pro-Decentralization Design
Mining is an energy-intensive process, as miners compete to be the first to solve the complex mathematical equations in order to get the block reward. In a Proof of Stake network, the stakers, or validators, can get new coins by keeping a number of BTP in an active wallet.

Due to its design, staking does not demand energy in high quantities, like in PoW systems. Most Bitcoin mining operations are now controlled by big companies, as only they have the capital to invest in many performant mining rigs. This leaves out regular people who cannot afford mining hardware, and thus the hashrate of the network becomes centralized, limited to only a few big mining farms. But with BTP, all users can stake coins, therefore, encouraging participation from more people and distribution of power throughout the network.

Resilience Against 51% Attacks
Centralization in PoW-based coins is an issue, as it leaves the network susceptible to a 51% attack, where one entity takes hold of 51% of the network hashrate. This person then has absolute power over the network and can manipulate transactions and block creation.

BitcoinPoS is resistant to 51% attacks, as the PoS protocol was designed to promote decentralization. BTP also uses a variation of the Proof of Stake model known as Mutualized Proof of Stake consensus, which is almost impossible to breach by an attacker, as it requires a lot of resources.

99% Reduction in Power Consumption
A PoS system does not need users to solve complex algorithms that are energy-consuming. This allows staking to be a more economical process of generating new BTP, using 99% less than Bitcoin mining.

Friendly to the Environment
All PoW mining operations are taxing on the environment because of its high energy consumption. Bitcoin PoS can function and issue new coins without the need for mining farms, and thus it is more eco-friendly.

Universally Accessible to Users
Setting up and managing a mining rig to mine Bitcoin is a big investment that not many people can afford. BTPs can be easily staked by all people, as a laptop or a personal computer is powerful enough to be used in staking.

Bitcoin Proof of Stake (BTP) allows all types of users to easily invest in a more efficient version of Bitcoin that carries with it all the perks of a PoS model.

Logo:

BitcoinPoS logo

Clan Gordon driven to provide the best letting experience in Edinburgh for both tenants and landlords

EDINBURGH, United Kingdom, 2020-Jan-30 — /REAL TIME PRESS RELEASE/ — A LEADING Edinburgh letting agent has added a record number of properties to its portfolio in the last year – thanks in part to stronger legislation impacting the sector.

Clan Gordon, which focuses on high quality homes in or near the city centre, has seen its properties under management now exceed 500, growing by three per week on average – with 152 additional homes on its books in the latest 12 months to December.

The surging growth has largely been the result of switches from other letting agents where landlords were either unhappy with the level of service they were receiving or sensed a lax approach to the new regulations governing the sector.

Growth has also been driven by properties taken over from letting agents which have been forced to exit the sector as they were unable to meet the requirements of the new Letting Agent Code of Practice or, in one case, had been forced into liquidation.

Jonathan, who founded the business alongside his brother, Andrew, in 2008, believes it is a clear sign that the industry must continue to drive up standards – and that by protecting and respecting tenants, landlords can enjoy an improved and more profitable outcome.

He said: “It’s nothing less than a pivotal time for the sector – and with the approach Clan Gordon has taken we can only see our market share continue to expand.

“Edinburgh continues to see demand for long-term rental increasing while supply simply can’t keep up.

“While some landlords and agents may look to maximise short-term gain, a healthy relationship with the tenants, which we strive for at Clan Gordon, can produce a far better outcome for all parties. It creates fewer issues, cuts unnecessary turnover and typically results in a greater long-term financial return for the landlord.”

The latest Letting Agent Code of Practice and Letting Agent Registration introduced by the Scottish Government is seeking to increase professionalism in the sector.

It means that both landlords and tenants can challenge poor practice – and enforce it through a tribunal if necessary. Agents must now ensure all owners and managers are trained and have a qualification at (or at the equivalent of) Scottish Credit and Qualifications Framework (SCQF) level 6 or above.

As a Firm of Surveyors which has been regulated by the RICS (Royal Institution of Surveyors) since they started almost 12 years ago, Clan Gordon already met all of the requirements of the new Code of Practice and goes above and beyond this by ensuring all employees – not just managers – are qualified to this level.

Across the new properties, the letting agent took over 12 properties from CMC – after it went into liquidation. A further 20 properties switched from an English agent unwilling to join the new Letting Agent Register. A total of 50 transferred from an Edinburgh agent also unable to meet the new requirements.

A further 70 new properties are the result of switches from other agents, or from new landlords altogether.

Jonathan added: “We’re driven to provide the best letting experience in Edinburgh for both tenants and landlords.

“That means we already go the extra mile. We believe that the vast majority of landlords are looking for an honest, open and efficient service and are pleased to see these efforts to try to drive up standards across the board in the sector.

“We are super proud of the growth in our portfolio of managed properties and with our fantastic team and the philosophy we have put in place we aim to see our success – and reputation in the sector – continue to soar.”

Clan Gordon is one of Edinburgh’s leading letting agents, is RICS and ARLA accredited – and is dedicated to raising standards in the private rented sector for landlords and tenants.

For more information on Clan Gordon, visit https://www.clangordon.co.uk/

Contact details:

Jonathan Gordon
Clan Gordon Ltd
Unit 1,
1 Carmichael Pl,
Edinburgh
EH6 5PH
0131 555 4444