George's Crypto Corner

Identify compliance is a huge issue for both blockchain projects and real world companies. Whilst on one hand blockchain is aimed at anonymity and privacy, many scammers and spammers have led to identity requirements by most ICOs. Companies in the real world are often legally obliged to follow KYC laws and obtain the identity of their customers.  This leads to a loss of privacy for users not just from companies potentially sharing data, but also the data itself being hacked and sold to criminal organizations. What if there was a way to ascertain someone’s identity from their face using a decentralized medium such as the blockchain, where this data could be protected on a decentralized ledger? Enter Biometrids, the project that aims to do just that. What is Biometrids? Biometrids aims to identify people using biometrics, such as a person’s face, and privately store this identity on the blockchain where people are fully in control of who can or cannot access this identity fo...

Tru Reputation Network — Bringing Trustless Reputation To The Blockchain With centralized trust systems, there are multiple issues. We are trusting a central authority to manage how we trust others — this is a blatant oxymoron when we pause and think about it for just a few seconds. Yet this is what we do every day when we browse the Internet looking for something to buy, for reviews of products — even when we look for potential business partners or employees to hire. What if trust itself could be stored on the blockchain — a trustless decentralized system? With hindsight, “trust” is an obvious problem in need of an obvious solution, yet until now no company has endeavored to store something so important as trust in a manner that is trustless. After all, trusting someone so that you can trust others is open to blatant abuse as we all probably know from first hand experience. Review websites are easily manipulated, peoples reputations are easily fabricated on centralized websi...

I’ve become very picky with ICOs lately. Most upcoming projects don’t need blockchain technology for the problem they’re solving and the main reason they launch ICOs is to by-pass traditional venture funding requirements; mostly in order to directly target less experienced investors. That is why when I do come across the occasional gem that does actually need blockchain I start to pay attention. This has been the case for Safinus — a project that aims to not just use Blockchain, but allows experienced investors to invest the funds of less experienced investors in blockchain projects and startups in return for a profit share. What is Safinus? You can think of Safinus as a platform for Hedge Funds but for Cryptocurrencies instead of traditional stock investments, and with with an added benefit: the track record of all portfolio managers can be proven since performance of managers is stored on the blockchain ledger — something not possible with traditional managed funds. ...