As the initial worldwide crypto fintech firm to be comprehensively licensed with the JFSA, we shall persist in working together with regulators and different stakeholders to obtain a positive growth of the sector of cryptocurrency in Japan and on a worldwide scale, stated Mike Kayamori, QUOINE CEO and Co-founder.

To us, security of clients assets is a top priority.

Our JFSA license offers us a positive market sign that our aim is to create a reliable exchange, with suitable compliance steps implemented to avoid security violations and offer extra asset security for our clients.

As the number of participants in the sector of virtual currency increases, so does the number of fake and fraudulent websites claiming to be legit exchanges increase.

Licensed Japanese crypto exchanges are anticipating a market which facilitates the rise of customer security via asset separation as well as a registration program managed by FSA which needs KYC (identifying and verifying the identity of each customer in order to prevent money laundering) and auditing, stated bitFlyer in a report.

As a financial institution that is licensed, licensed Japanese crypto exchanges will put in an effort to offer its clients a service that is more secure and safe.

Cryptocurrency exchanges registration requests were established already back on the 1st of April 2017 to adhere to an amendment of the Payment Services Act.

Only the exchanges that are registered and licensed by the FSA are allowed to carry out virtual currency exchange in Japan.

Reuters reporting recently stated that presently, the FSA is evaluating registration applications from other exchange operators numbering 17 while 12 firms have decided to withdraw any request and to stop operations after the latest regulations updates.

Reuters was also informed by FSA officials that the latest regulation’s objective is to harmonize the necessity to defend investors and customer on crypto exchanges in Japan  in order to back fintech innovations

The post FSA Gives 11 Cryptocurrency Exchange Platforms License To Be Legal Operators In Japan appeared first on Tech Web Space.

Another idea exists known as IPO (Initial public offering). This is carried out under regulation of the government. In regard to ICO, there is no government regulation and ownership does not take place when sold tokens are acquired.

In 2013, the initial ICO was created. Due to the current circumstances where many new cryptocurrencies are released, ICOs are becoming extremely famous. Through ICO, Ethereum released a coin in 2014.

Many websites are present, which presently monitor the ICOs. As of now, 20 offerings occur in one month for new crypto coins release.

Advantages of Participating in ICO

A lot of potential benefits exist in participating in an ICO. When you are assisting a firm to launch its product, this becomes simple since there is the possibility of obtaining cash by trading the tokens you have bought already.

It is very similar to Kickstarter, where individuals finance or back projects which they are interested in. Other methods also exist to generate profits from ICO financing. During the first funding, the tokens are traded at a fixed cost in denominations of flat money or bit coins. After the product becomes completely successful however, the supporters are able to send their tokens for an extremely huge quantity of cash.

How ICO differs from IPO

Initial Coin Offerings and Initial Public Offerings present a lot of similarities. One difference is that in the course of an IPO, the shares of a firm that are released signify a share of possession in that specific firm.

But, this does not occur in ICO; here, tokens are traded to the public. Another main disparity is that there is high regulation in IPOs by the state. Due to this, a partaking firm is needed to arrange huge quantities of work prior to releasing its shares.  Serious repercussions exist where non-compliance occurs. ICO however, is a new scheme that is not subject to government regulation.

ICOs Can be utilized for a huge variety of applications

ICOs applications are determined by projects where they are utilized. They might also have extra features. The Cloud token ICO is one good illustration. This presents tokens or crypto coins which Cloud With Me has released while conducting its current ongoing ICO.

This is a cloud storage space that is decentralized. After the release of its key product, users managed to use CloudWithMe in this storage space. They can be utilized for trade, similar to other crypto coins.

Illustrations of flourishing ICOs

In 2013, the initial project ICO was utilized as a Mastercoin tool for crowd funding. They were able to gain Bitcoins valued at $5 million by trading in their individual tokens. A lot of other firms adhered to this tendency, for instance Waves in 2016 or Ethereum in 2014. Ethereum raised nearly $18 million while Waves raised almost $16 million.

ICO presents a great method of launching a project.

Platforms for offering ICOs Details

A lot of platforms are present which are committed to making it   very simple to create and join ICOs. These platforms are inclusive of ICONOMI, Waves and TokenMarket. A lot Blockchain projects have been starting their ICOs on their personal websites.

This does not provide much efficiency as launching specifics regarding the campaign on your individual page shall not assist you to obtain maximum views. So, people began creating platforms that would provide ICO details from varied firms.

One platform like this is Kickstarter, non-crypto ICOs.  For ICOs that are based on token, examples are ICONOMI and Waves, as well as State of Dapps (based on Ethereum).

Risk appetite

When the growth of startups that are funded by ICO is considered, one can see that a lot of them are still being built. Some might become companies that are very successful while others might be unsuccessful. Its development takes time. This is made more difficult since it is not easy to differentiate between the real projects and the fraudulent ones.

Due to this, experts in the industry are adamant that contributors should thoroughly conduct checks prior to investing and they need to be very familiar with founders of the project as well as its prospects for development.

No regulations and rules are involved

The government does not actually implement guarantees for ICOs. Due to this, a lot of fraudulent things occurred in the sector. To limit all these and offer protection to investors firms have personally began to implement a lot of restrictions.

Some restrictions, which are self-imposed, are:

• Firstly, keeping each community’s contributions in escrow wallets where private keys are required for access.
• Implementing a legal document for the firm and creating a number of terms and conditions for the ICO.

How to detect a fake ICO

Numerous indications are found, to recognize a fraudulent ICO. Some developers will be unidentified and will not have an escrow wallet. Their goals will be unclear and unrealizable. The community of cryptocurrency has previously had to deal with a lot of scam ICO campaigns.

Some standard indications or warnings that indicate a firm carrying out ICO is fraudulent are unrealistic objectives, unidentified developers, and absence of transparency as well as absence of escrow wallet.

Website List with ICO features

A lot of websites are present which offer details about launching ICOs as well as about the ICO campaigns that are happening presently. These are useful to the startups and investors also. Some illustrations are Bitcoin Talk Forum, Ambisafe, Cyber Fund, COinschedule, ICOO, ICO rating, etc.

It has a lot of possibility for growth

Although it does not have government regulation, ICO has huge development possibility in future years. In similar manner as when introduction of Internet happened, back then we were not aware that the current IT industry giants would flourish this much. ICOs, together with the assistance of crypto tokens present great possibility in turning into the most ideal crowdfunding method in the sector.

The post Interesting Features of ICO (Initial Coin Offerings) – Cloud Token ICO Launched appeared first on Tech Web Space.

Avid lottery players like to be reminded when there is a big jackpot coming up, lets say, a jackpot of over $100 million. They also like to be able to see the results live on their mobile phone as they are on the move doing their daily routine and furthermore many lotto lovers want a way to buy their tickets online through their phone or tablet with an easy to use app or mobile friendly website. We have taken the time to rank and review the several apps out there so you know which ones are best, how they work and where to download them.

Here is our full list of Top 5 lotto apps and download links:

Top 5 Lotto Apps and Mobile Friendly Lotto Websites

1) Lottosend (International)

Lottosend.com – Mobile friendly website, accessible 24/7 from any country in the world, with jackpot sizes, lotto results for all lotto games and more importantly the options to buy tickets for a variety of lotteries including the Spanish Loteria Nacional Super Draws, Spanish La Primitiva and El Gordo de la Primitiva, USA Powerball, SuperLotto Plus and Mega Millions, Euromillions, EuroJackpot, SuperEnalotto, Australian Oz Lotto, Powerball, Saturday, Monday and Wednesday Lotto. The website is %100 free to use and sign up. Lottosend also has free jackpot alerts, no annoying adds, works from any country and did we mention – you can buy tickets through the mobile site for ANY lottery game from ANYWHERE – so we give Lottosend 5 stars and it is #1 on our list.

Link: >> Go to Lottosend

2) LotteryRemind.Me (International)

LotteryRemind.Me – This is a mobile app than can be downloaded on the apple mobile App Store or on Google play. It gives you Free live latest results and gives you instant reminders via push notification on your phone when there are big roll-overs and large jackpots to be won. You can’t buy tickets through their app but the user experience is very friendly and the app is %100 free for all users to download and enjoy. We give this app 4 stars and it is #2 on our list.

Apple App Store Link: >> Go to website
Google Play Link: >> Go to website

3) National Lottery Official App (UK Only)

The National Lottery: Official App – This is an iPhone and iPad app, it is the official app of the UK National Lottery and what we really like about it is that you can use it to scan your ticket and check if you have hit the jackpot. You also get live results and jackpot drawing alerts. Players can also buy National Lottery, EuroMillions and Thunderball tickets on their phone or tablet using this app. The downside is that it is only for UK players, so if you are not located in the UK this app doesn’t really have any use for you. The app is %100 free. We give this app 4 stars and it is #3 on our list.

Link: >> Download app on iTunes

4) Lotto Results AU (Australia Only)

Lotto Results AU – This downloadable app available at the Google Play store is %100 free to download and use. It is fine tunes only to Australian lottery games and only gives results. You can’t buy tickets with this app and can’t set up any jackpot alerts. But still – it gives you all of the live results for ALL of the Australian lotteries, which is a nice app to have if you are Australian. Live results included with this app are winning numbers and jackpot sizes for AU Lotto (Saturday Lotto, TattsLotto, X Lotto, Monday & Wednesday Lotto), Oz Lotto, AU Powerball, Set For Life, Lotto Strike, Super 66 and The Pools. We give this app 4 stars and it is #4 on our list.

Link: >> Download app on Google Play

5) Lottery Canada Results (Canada only)

Lottery Canada Results – This is a Google Play app that is %100 free and downloadable for anyone anywhere. It shows lotto results for ALL of the Canadian lottery games including: Lotto Max, Lotto 649, Lotto 649 Guaranteed, Daily Grand, Atlantic 49, Atlantic 49 Guaranteed, Atlantic Bucko, Atlantic Salsa Bingo, Atlantic TAG, Atlantic Keno, Quebec 49, Quebec Astro, Quebec Banco, Quebec Extra, Quebec laMini, Quebec la Quotidienne 3, Quebec la Quotidienne 4, Quebec LottoD, Quebec Max, Quebec Triplex, Quebec Sprinto, Quebec Tout Ou Rien, Ontario Encore, Ontario Megadice, Ontario 49, Ontario Daily Keno, Ontario Lottario, Ontario Pick2, Ontario Pick3, Ontario Pick4, Western 649, Western Extra, Western Max, Western Pick3, British columbia 49 (BC 49), British columbia Extra (BC Extra), 649 winning numbers and 649 numbers. Canada has a LOT of lottos and having all of the results in one app is GREAT for Candians. The big downsides to this app are that you can’t buy tickets using the app, you can’t scan tickets to see if you have won, there are a lot of annoying ADDS when using the app (big NO NO) and there are no jackpot and draw alerts. We give this app 3 stars and it is #5 on our list.

Link: >> Download on Google Play

There are Hundreds of Other Apps Out There – Most of Them are Horrible!

We looked through the Google Play store and iTunes app store and one by one we went through another 150 apps, many of them seemed to have no particular use and most of them had bad reviews or were not free. If you plan on using a lotto app or mobile friendly lotto website you should really only use the ones on our list because the 99% of the other ones were pretty much rubbish.

In Conclusion

It seems that many application programmers and lottery companies put little thought into their apps, which is really too bad, we all love the lotto and it really is a shame that the app stores and internet are flooded with low quality apps and sites. On the other hand, you can be glad that we have made our top 5 lotto apps list for you today, knowing that at least a few of them are good enough to use on a daily basis and recommended by many.

The post What are the Best Lotto Apps and Where Can I Download Them? appeared first on Tech Web Space.

About a dozen companies such as Lottosend have created their own platforms, that they manage on their own website and that others can also use on their own websites, the technology is here now and is up for grabs to all people of all countries! Want to start you own online lotto website and sell tickets from lottery games from all around the world – just contact the platform provider and you can use their technology in order to start your own website and sell tickets online, the industry is on the rise and now is the time to check in.

These websites that use online lotto platform technology usually sell tickets to some of the biggest lottery games in the world such as the USA Powerball and the Europe Euromillions and Spanish Christmas raffle once a year during the holiday. The lotto has now been globalized, like most of the things in the world – it took a while for this to happen but it finally has happened and now anyone can join in on the fun and use this technology to their own personal advantage.

Success Stories – Millionaires in the Making

For example, in the past someone from Holland could not buy a USA Powerball lotto ticket online, they would actually have to travel to the USA to buy a ticket or ask a friend from the USA to buy them a ticket. Ever since the Powerball hit a massive $1.6 billion jackpot prize last year people from around the world have wanted a way in on the game. Now with the new lotto technology anyone can play from their home. A great example of the success of this new technology is the IRAQI MAN WHO BOUGHT A LOTTO TICKET ONLINE FROM AN ONLINE LOTTO PLATFORM AND WON $6.4 MILLION, even though he is from Iraq and the lotto he played was an American lotto game.

Many more success stories have occurred since this new technology has been created. People from all around the globe are now winning jackpots from lotto games that are in whole different countries. It is becoming a sensation and the truth is that it’s funny that no one thought about making this kind of technology 20 years ago.

Getting in as an Agent

If you want to start your own online lotto website and get in on the business in order to make money and help in globalizing lotto games its a very simple thing to do with the help of the new lotto platform technologies. All you need to do is get in contact with an online lotto platform such a Lottosend and use their platform on your own website and within a matter of days you can start selling tickets online as an independent online lotto concierge service and agent.

In Conclusion

The online lotto platforms and technologies are quickly becoming an everyday popularity, people who are becoming more accustomed to being able to choose any lotto game from around the world to play on a weekly basis from their computer instead of playing their local lotto game and buying tickets from a gas station or kiosk. Globalization and technology has hit the lotto industry and there have already been many success stories from this new technology both on the player and on the business side.

The post New Online Lotto Platforms Helping Local Games to Go Global appeared first on Tech Web Space.

Limitations

The new thing in town is the Apple watch. This is going to be a new addition in the lineup of products that Apple makes. These smartwatches will act like watches, smartphones, iPods and fashion statements. It will boast some part of the functions that smartphones boast allowing its users to communicate with each other through text messages, voice messages and other types of notifications.

However, here again Apple has not forgotten about putting limitations on things. The biggest limitation has been put on software and app developers who were thinking they had got a new platform now to work for.

According to the newest updates made in its rules and regulations pertaining to smartwatches Apple will not allow developers to create watch faces that have a primary purpose of displaying time. All such apps that are meant to give the watch a new watch face only will be rejected and those who have been thinking about doing that for this new smartwatch must have sat down in disappointment.

There are some default choices available for users on the watch. The users will have the option of choosing from 10 different watch faces that come pre-installed in the watch. We spoke with Guy Galboiz, a technology enthusiast and he said: “ these limitations are discouraging, apps need to be designed specifically for the watch, we can not just take a regular iPhone app and cram it into a watch.”

Third Party Apps?

However, thinking of having a third-party watch face on your Apple watch will now only remain a dream. Of course, users can still expect some more watch faces to be available to them but it is expected that these watch faces will only be developed by Apple. In short, Apple has limited its users by limiting their choice on the watch face. We must not forget here that a watch is primarily meant to tell time and it is just as important for a watch to be stylish as it is to tell time. Liming people’s choice here could hurt Apple’s fan base.

Developers

Apple Watch Development Kit, the kit that developers will be using to create various applications for the watch is now going to become a challenging platform for developers. On the other hand, we can see once again that Android has left the choice on its users to decide what watch face they want for their smartwatch. The new smartwatch from apple is coming with a built-in 8GB of space. However, there are further limitations on the operating system on how users will store data on this watch. Users will be limited to use only a certain amount of available space for their images, music and applications.

The post Limitations On Software and App Developers For Apple Watch appeared first on Tech Web Space.