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Bitcoin Atom (BCA) is a SegWit enabled Bitcoin fork with on-chain atomic swaps on board and hybrid consensus. Bitcoin Atom enables truly decentralized digital asset exchange by utilizing hash time-locked contracts (HTLCs) and its own HTLC API, giving independence from intermediaries and any centralized entities. Bitcoin Atom’s development team is working on a special embedded toolkit for both on-chain and off-chain atomic swaps, allowing for exchanging any cryptocurrencies in a hassle-free way across different blockchains. Lightning Network off-chain swaps scheduled to be launched in 2018. The Bitcoin Atom (BCA) fork is taking place at block #505888 on January 24, 2018. Bitcoin Atom (BCA) Aims to Restore Nakamoto’s Original Vision, Away from Miner Control This is a sponsored press release and does not constitute the publication’s endorsement or support of the material, views and opinions shared in it. Leonardo da Vinci once famously quipped, “Nothing strengthens ...

Problem In times of globalization and travel, payments are increasingly problematic. This is mainly because there are many different currencies. Every day millions of people travel, exchange currencies and pay spreads (the difference between the buy and sell rates that allow parties such as banks and the exchange to make money). For example, transactions can have high spreads, such as 12% of the total transaction value and can be through a number of intermediaries, where you are required to pay the cost of each step. Even those service providers, who are trying to minimize the number of parties, knowing that they can earn more because of the lower number of parties, add a larger, deliberate spread. In addition, there is no currency for people who travel often — they need to get back and forth between the currencies, exchange it in the most frequent way. One, universal and global currencies, which can be paid in the same way in France, Canada, China or the United Kingdom, simply d...

What is Forty Seven Bank ? Forty Seven is a unique project built to create a modern universal bank both for users of cryptocurrencies and adherents of the traditional monetary system; a bank that will be acknowledged by international financial organisations; a bank that will correspond to all the requirements of regulators. A team of professionals from the worlds of banking, finance, and IT with expertise and experience in the creation and licensing of payment systems, and building of electronic financial institutions will work to realise the goals of the project. Our bank will become the biggest structure that corresponds to all the requirements of regulators and the EU Payment Services Directive 2 (PSD2). We will comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) policies in order to guard against agents of the “grey” market. Forty Seven is based on three principles: relevance, convenience, and security. Our specialists use up-to-date technologica...