TrustLogics – Like LinkedIn + Background Screening On Blockchain

If you’ve ever gone through a background check from an employer, then you probably know how much of an annoying and difficult process it can be. Even worse, there have been horror stories about people losing their job offers because of something like a clerical error on background screenings ( http://www.businessinsider.com/this-woman-learned-the-hard-way-that-background-checks-may-contain-huge-errors-2011-12 ). Imagine yourself finally getting the job of your life, celebrating with family and friends, and then receiving a call from your company saying that the job offer has been rescinded because of a failed background check. You appeal the decision, saying that there was a mistake, but by the time the error has been fixed, the company has already found a replacement. Sounds horrible doesn’t it?

This is where TrustLogics comes in. On the TrustLogics platform, digitally authenticated professional data will be stored on the blockchain, and this data will be shareable based on user permissions. Essentially, corporations will use TLT (tokens on the TrustLogics platform) to access data, users will use TLT to get their professional milestones attested on the platform, and corporations will also use tokens to leverage the Peer network to fill open positions. So with the TrustLogics platform, things like background checks will be incredibly SIMPLE as all attested data will be stored on the blockchain. Plus, I think the platform will be used like a LinkedIn, where corporations can view users and recruit employees based on attested professional data. This platform sounds like a great idea for both employers, and employees like me.

A great idea alone is not enough; there must be a great team to put the idea into motion. From the looks of it, it seems like the TrustLogics team has an incredible amount of experience. Team members have formerly worked for major corporations such as Chase, Wells Fargo, Bank of America, Deloitte, Coca Cola, Panasonic, Dell, Turner Broadcasting, and Home Depot. The CEO, Srinivas Dubba, has over 15 years of executive level experience in the technology business field, and has built up and sold two medium sized staffing companies. The COO, Sujith Achuri, has experience working for multiple Fortune 500 companies, and has been involved in blockchain and the crypto space since 2014. The team also won the 2018 Tech Start of the Year at the American Business Awards. Looking at TrusLogic’s strong team, I have no doubt they will put their ideas and plans into action to create a great product.

As of now, the token is in its pre-sale phase, and the crowd sale is planned for August 2018. There will be a maximum supply of 427,224,610 tokens, with a soft cap of $2,000,000 and a hard cap of $18,000,000. If you are looking to invest, the team has already created a beta version of the platform. The app can be downloaded on the Apple App Store and on Google Play. Just create an account ( https://www.trustlogics.com/portal/login ) first before downloading the app. There are already over 100,000+ users of the app, which I think definitely bodes well for the project. TrustLogics is one of the most innovative projects of 2018, and I highly think it will be successful.

To find out more about the project, go to the website https://trustlogics.io/
And for the White Paper, go to https://trustlogics.io/whitepaper.pdf

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Loomia — One of the Most Anticipated ICOs of 2018

Loomia is one of those ICOs with an idea that is completely new and revolutionary. So what are they doing? Well, simply put, the project is attempting to change the way our clothes interact with us.

The team has created the Loomia Tile, which is a hardware device that transforms our clothes into data-collecting and identity tools. This device works in conjunction with the Loomia Electronic Layer (LEL), which is a soft flexible circuit embedded into textiles with the ability to sense changes in its environment, such as heat and touch.

The devices also allow someone’s physical identity to be linked to their digital identity, and can be used to verify identity and facilitate secure payments passively and seamlessly, with no manual interaction or interface. The data that is collected from Loomia include performance, frequency of use, environmental conditions, location, and user habits.

This technology definitely has the potential to change the way we view, and use our clothes. I’m not the only one to have been impressed by this technology, as numerous media outlets have reported on Loomia. For example, Forbes, Yahoo, and Business Insider have articles on the project. Loomia CEO Janett Liriano even went on the NYSE to speak about the ICO — heck out the video below.

https://www.youtube.com/watch?v=vBy3Sch_bDU

The project also has an impressive list of partners. One of the partners is STORJ, which had a very successful ICO. Furthermore, the TILE Tokens from Loomia will be convertible to STORJ and Bancor.

The project was delayed a bit, and the ICO will take place soon in 2018. The delay was actually good news, because the sale was given the go-head to receive investments from US residents, and the team wanted time to reach out to the new demographic.

Make sure to go on to the project website to do your own research; I think everyone will find it highly impressive.

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WePower ICO — A Blockchain Based Green Energy Platform

The WePower project is an ICO from a Lithuanian company called WePower UAB. The goal of the project is to create a platform that enables renewable energy producers to raise capital by issuing their own energy tokens. I became interested in this project for a few reasons.

First, I am very interested in energy / power projects in crypto. I have invested a good chunk of my holdings in Power Ledger, which is an Australian cryptocurrency project. Seeing that project’s success (ranked top 100 in coinmarketcap) makes me believe that more energy / power projects are need in the crypto industry.

The project has also received a good amount of coverage from crypto news sites. VentureBeat wrote about the project, “WePower’s platform lets green energy project developers, such as solar or wind plant builders, raise funds by selling their future energy production upfront in the form of energy tokens. It is an interesting approach since access to capital markets has been a hurdle for green energy organisations.” The full article can be seen here.

The project is also partnered with well known and reputable projects / companies such as Bitcoin Suisse, Tokenlot, Bancor, and more. The full list of the project’s partners can be seen on their website, which I will link below at the bottom of the page. It’s always good news for an ICO when a project has reputable partners like this, because it legitimizes the project, and such partners can give insight in order to make the project even better.

The project also has a very detailed roadmap that shows exciting future developments. For example, in April 2018, the platform will launch. In November 2018, WePower will be operational in Spain. In 2019, there will be a virtual power plant structure.

The ICO starts in just four days, so make sure to check this project out. The token exchange will be 1 ETH = 8000 WPR.

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CoinMetro — The Answer to the Fiat Problem in Crypto

I think it’s safe to say that if you are reading this, you are probably deeply invested in crypto. You probably have some funds in crypto, participated in ICOs, and interested in the crypto industry in general. You also probably have dealt with the same issue that everyone in crypto deals with — moving fiat in and out of crypto.

Bitcoin ATMs charge ridiculous fees, exchanges are a hassle to deal with, bank wirings are cumbersome and take forever, you get the idea. This is where the upcoming CoinMetro ICO comes in. This really could be the answer to the fiat problem that is plaguing the crypto industry.

In the CoinMetro ecosystem, everyone will be able to exchange fiat and crypto. Note that this does NOT mean Tether! This means actual fiat like USD, which everyone will be able to deposit and withdraw directly from their bank accounts. Finally, a system where there are no ridiculous withdrawal minimums, and long waiting periods.

Sound too good be true? I thought so at first too, but then I looked at their team and partnerships. The thing that really jumped out at me was that they already have a partnership with FXPIG. FXPIG has been the Forex since 2011, and has a great reputation of trust and transparency. The team also has a high amount of experience in the finance sector. Make sure to check their profiles on their website, which I will link at the bottom of the website.

The team also plans to have an ICO Express Platform that can take place on the Ethereum, NEO, and NEM blockchains. ICO platforms are the rage right now, so it’s great that the team is implementing this.

I really hope this project is successful, and I believe it will be, because the crypto industry absolutely needs a solution to the fiat problem. Make sure to check this project out!

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A Look Into the Repux ICO

The Repux ICO has been getting a lot of attention recently in the media. It’s been on major news media outlets like Yahoo, Forbes, and Nasdaq. One of the most important things in an ICO is marketing, and with the project receiving so much coverage, I decided to do a little investigation of the project.

Basically, the goal of the project is to create a marketplace that lets small and medium businesses sell anonymized data to developers. Their website explains the process as below:

Businesses sell anonymized data and earn Repux tokens
Developers buy the data to train Machine Learning algorithms
Developers then re-sell their intelligent applications back to enterprises, for better business decision

The Repux token is the medium of exchange on the marketplace and the ONLY way to transact.

One thing that really impressed me about the project is that their platform is already live and usable, and have signed up with three reputable pilot companies.

So many ICOs nowadays just throw out a concept, but Repux already has a platform, so it is much more trustworthy in my opinion.

The project also has an impressive list of team members and advisors. One advisor that really caught my eye was Dr. Jay Best. He was named the Top Crypto Strategist in the UK in 2017. He has also worked at MIT, Cambridge, and Oxford. It’s always good to have such reputable advisors on an ICO, who can use their experience to make the project so much better.

Next, I looked at the project roadmap, and I thought it was very detailed and easy to understand. Based on the roadmap, the Repux Platform will be in full launch in June 2018. The official Token Sale will be on March 6.

The Presale has already started, and will run up to March 5. Right now, you can get 50% off on Repux Data Tokens. It’s a great deal, and I highly recommend anyone to check the project out and invest.