Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
The Daily Hodl
No Result
View All Result

Crypto Exchange Launches First Crowdfunding Platform With Direct Access in Euro, Debuts Quantum-Resistant QAN

by Daily Hodl Staff
November 4, 2019
in Blockchain
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎
‎‎‎ ‏‏‎

The first launchpad for exchange-based offerings that allow investors direct access to new projects through the euro, Polish złoty and British pound will debut on November 18th, according to a press release.

BitBay, one of the top digital currency exchanges in the EU with over 800,000 users worldwide, is moving into the IEO space following the success of major fundraising platforms launched by crypto exchanges such as Binance, OKEx, Bitpanda, Bittrex, Bitmax, Huobi and KuCoin.

BitBay’s IEO Launchpad will initially offer four fiat pairs: euro, Polish złoty, GBP and USD. Users will also be able to make purchases in Bitcoin directly from their BitBay account.

Following scrutiny and criticism over initial coin offerings (ICOs) – the hot crypto investment vehicle that raised over $11 billion in 2018 for blockchain startups – exchange-based token sales are on the rise. Unlike ICOs, which allow investors across the cryptosphere to fund projects that have not been reviewed by third parties, raising the likelihood for scams, IEOs are analyzed by the exchange before delivering new token listings directly to their users, typically a large, targeted base.

By leveraging their expertise in vetting new projects and verifying executive teams, with the goal of eliminating fake tokens and sketchy plans, exchanges are sifting through whitepapers to find and support high-quality startups in the industry.

BitBay’s first offering will be QAN, an enterprise-grade blockchain solution. Powered by fintech powered by Centrum Circle, the Estonia-based startup highlights its use of Lattice-based cryptography in order to make QANplatform resilient to quantum attacks, a rising concern given Google’s recent quantum breakthrough.

According to the development team, the platform relies on a new protocol called proof-of- randomness (PoR) that “bypasses the limits of Ethereum” and can’t be breached.

“QANplatform has been designed from scratch to be secure against all known quantum-breaking algorithms and related attacks. The applied algorithm is resistant to any breach attempts of both classical and quantum computers.”

The platform runs on smart contracts in all major languages and is designed to address barriers in the finance sector that are stifling mass adoption of blockchain and crypto.

Johann Polecsak, chief technology of QANplatform, says his team is tackling major pain points.

“Top-notch security, high TPS, low energy consumption and ability to code in languages programmers already know. Enterprises will finally be able to integrate this technology without financial or HR overhead, and this is how blockchain will reach the general public.” 

Follow us on Facebook            Join us on Telegram            Follow us on Twitter


Check Latest News Headlines


ADVERTISEMENT


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Crypto Livewire – Press Releases

  • Mogul Brings NFTs and DeFi to the Film Industry, Announces Access Pass Sale
    March 5, 2021
  • eToro and DS TECHEETAH Change Face of Sponsorship With Unique Profit Only Deal
    March 3, 2021
  • Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming
    February 26, 2021
  • Bang Bang: Critical Factors Fueling Rise of the Retail Investor
    February 25, 2021
  • How Traders Make Money in Both Bull and Bear Markets on BigoMex
    February 25, 2021
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$49,305.00
$49,305.00
1.66%
Ethereum
$1,545.68
$1,545.68
0.53%
Binance Coin
$228.79
$228.79
0.47%
Polkadot
$34.05
$34.05
3.7%
Cardano
$1.18
$1.18
6.73%
XRP
$0.463216
$0.463216
1.98%
ADVERTISEMENT

Spotlight

  • Top Analyst Warns Bitcoin at Last Line of Defense – Here Are the Crucial Levels To Watch
    February 27, 2021
  • New Business Opportunities Are Ushering in the Next Big Wave of NFTs – Forecast for 2021
    March 3, 2021
  • This Highly Misunderstood Altcoin Is Set To Explode, Says Crypto Trader Tyler Swope
    March 1, 2021
  • Top Ripple Executives Asking Federal Judge To Dismiss SEC Lawsuit
    March 5, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2021 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro

© 2020 The Daily Hodl

×
We use cookies to give you the best online experience possible. Continue browsing if you are happy with that, or see how to manage cookies.