Blockchain Book Review: Chain Reaction

chain

Chain Reaction – How Blockchain Will Transform The Developing World is an important publication that strips away the focus on technology and puts the emphasis on culture and how blockchain will change the way emerging countries operate.

Written by Paul Domjan, Gavin Serkin, Brandon Thomas and John Toshack, the book is essentially a collection of essays that point out the benefits that blockchain technology can bring to countries that need a more equitable way of operating.

The disparity in some of the poorest places in the world is an insult to anybody who considers themselves human and the immutability of blockchain means that any corrupt organisation or politician cannot buck the ‘system’.

The book also points out the wider implications of blockchain in other parts of the world and for those who are not completely familiar with the subject, it is also an excellent guide to what blockchain is, not just a bunch of disconnected chain or two… and in these examples, nothing to do with Bitcoin speculation or all the nonsense narrative that surrounds this New World.

At 110 pages, it’s a short book but covers eight subjects in detail such as comparing blockchain to the railroads of yesteryear, explaining who ‘really controls blockchain’ and what blockchain actually solves.

I am familiar with the subject of the emerging world and the opportunity blockchain offers after speaking at many conferences in Africa in places such as Lagos, Accra and Johannesburg about how it can bring about positive change.

Whether it’s preventing blood diamonds, child labour or work conditions, some companies are already harnessing its power and they are mentioned in this excellent book.

This is essential reading for those who are new to blockchain and those who are experts in its implementation as well as reinforcing ideas that people such as me already have. I hope it reaches a wide audience. Long live blockchain!

SiennaSwap will launch October 7th 1pm UTC šŸš€šŸš€šŸš€

Early birds will earn high yields from liquidity farming

SiennaSwap

SiennaSwap is dropping – and in the best possible way. After the extraordinary raise of $11.2 million in private and public sales earlier this year and the inevitable delay in launching software, this is probably the development update everyone who contributes to the Sienna Network has been waiting for.

Wen launch? šŸš€ Wen lunch? šŸŒÆ

Move your eyes a few inches down now ā¬

SiennaSwap will launch October 7th 1pm UTC!! šŸš€

What will happen in the days up until launch?

  • A final testnet version was uploaded on Monday, September 27th
  • Preparing support for the IBC mainnet upgrade in October
  • Marketing push
  • Front end penetration testing

Siennaā€™s Automated Market Maker, SiennaSwap, is a privacy-first, cross-chain decentralized exchange where users can swap private tokens in complete privacy.
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Sienna Swap runs on Secret Network, which is the first blockchain with privacy-preserving smart-contracts with high scalability and low fees. Transactions are executed almost instantly, and with privacy combined, front-running is effectively mitigated.

While being 100% private, Sienna also provides low transaction fees due to the inherent blockchain scalability Sienna utilises.
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Users can swap any private SNIP-20 token at Sienna. If they do not have private tokens yet, they can use the bridge to exchange their tokens for the private equivalent. They can always be convered back again.
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This will enable users to trade through SiennaSwap and much more besides.

Other things that happened last week:

  • More work on SiennaLend (everyone internally is hyped about the way it looks šŸ”„)
  • More work on SiennaSwap 2.0 front end (launch of the new design is expected to be a few weeks after SiennaSwap
  • Awaiting Coingecko adding circulating supply / market cap data. Should happen soon as they have received an API source to use.

Get ready! Itā€™s happening! Remember the early birds will earn high yields from liquidity farming.

Sienna launches wrapped token on Binance Smart Chain

Sienna Network, a decentralized privacy-firstĀ DecentralizedĀ Finance platform built on Secret Network has launched its wrapped BSC-token on Binance Smart Chain with the token address at the end of this post.

Sienna

This is another step, following the similar launch of the ERC-20 wrapped SIENNA token earlier this year, for the foundation’s strategy to be fully available across multiple chains followed by additional bridges – such as to Polkadot and Terra at a later time.

Earlier this year, Sienna Network raised $11.2 million in private and public sales and has recently been featured prominently in Tier One Media such asĀ Forbes, The Times, TechCrunchĀ andĀ Yahoo Finance!Ā as well as major crypto outlets and podcasts.

This makes SIENNA available to users in the fast-growing Binance Smart Chain ecosystem, and will be followed by listings on BSC-focused exchanges

The goal is for the coin to be available across multiple blockchain ecosystems, widening the access to Siennaā€™s privacy preserving products built onĀ Secret NetworkĀ that is launching soon.

You can bridge the coin from Secret Network to the same on Binance Smart Chain and back onĀ https://bridge.scrt.networkĀ šŸŒ‰

šŸ‘‰Ā SIENNA (BSC) Token Address:Ā 0x130f6e4d338bfd8304f5342d759abe5c6bd7ba9b

The foundation is a cross-chain, privacy-first decentralized finance protocol built on Secret Network, that enables trustless financial instruments, such as trading and lending with complete privacy for multiple blockchain ecosystems.

What blockchain is it built on?
It is built onĀ Secret NetworkĀ ā€” theĀ first blockchain with privacy-preserving smart contracts, or ā€œsecret contractsā€ that have encrypted inputs, outputs, and state.

Read more about Secret Network atĀ https://scrt.network

More on Social Media and beyond

šŸ–„ Website:Ā https://sienna.network/

šŸ’¬ Discord:Ā https://discord.gg/jZk8ggm7XP

šŸ’¬ Telegram:Ā https://t.me/GoSiennaNetwork

šŸ¦ Twitter:Ā https://twitter.com/sienna_network

šŸ‘„ Reddit:Ā https://www.reddit.com/r/SiennaNetwork/

šŸ“° Blog:Ā https://medium.com/sienna-network

Prsnt raises $290K investment for gifting app

Brighton-based tech startup Prsnt has raised $290K in early funding to expand its gifting app that helps consumers celebrate friendships in an immediate and exciting new way.

Available on the App Store and Google Play Store, the company’s ‘mini-gifting concept involves sending affordable, meaningful gifts redeemable from shops, cafeĢs, pubs or online retailers ā€“ all for the same price as a birthday card and a stamp.

Prsnt has partnered with more than 100 of the UKā€™s most-loved high-street brands, including Ā Costa Coffee, Amazon, The Body Shop, Nike, Deliveroo, Red Letter Days, All Bar One, Spotify and many more. This means that no matter who the recipient is, the gifted will be able to find a great gift for that special person.

company

ā€œWhat weā€™re trying to achieve is a modern way of gifting, removing all the bottlenecks in terms of hassle while also addressing sustainability. We achieve same-second delivery, so itā€™s perfect for a friend’s or family member’s birthday or you donā€™t want the delay of sending something in the post,” said ,ā€ said Omid Moallemi, Co-Founder, Prsnt.

The app reminds users when their friendsā€™ birthdays are, and lets them send a gift ā€“ perhaps a coffee or glass of wine ā€“ and a personal video message straight to their phone when they canā€™t be there with them in-person to celebrate.

Once the recipient has received their gift, they can redeem it from their local outlet or online, removing a huge geographical barrier to gift sending and receiving that currently exists for most people.

Prsnt Co-Founders Omid Moallemi and David Parr were working as Co-Directors of a marketing and design agency when they began developing Prsnt. They share a co- working space in Brightonā€™s North Laine with technology developer Hamish Page, marketeer Louis Wren, and IT specialist Dan Hamilton of Source 3 Media. The two teams joined forces to combine their diverse skill sets and build Prsnt in September 2019.

In March 2020, the Covid-19 pandemic served as a catalyst for the Prsnt team to pivot their efforts to developing the app full time. By June 2020, the app had received an initial round of seed investment and the final months of 2020 saw the app gain its initial test market through peer-to-peer referrals.

Likewise, if lockdown restrictions were to return, Prsnt has enormous potential for helping people stay connected with digital mini-gifts that can be redeemed from online retailers.

Admix Strengthens In-Play Leadership For The Americas

Marty Berman joins Admix as VP Sales US and LATAM

Marty

Admix, the pioneering In-Play advertising platform that bridges the gap between gaming and advertising, announces the appointment of senior advertising industry leader Marty Berman as VP of Sales for North America and LATAM.

Bermanā€™s appointment signals the latest phase of Admixā€™s 2021 US growth strategy, which will see the experienced teambuilder spearhead a major talent acquisition drive across the US, with Q3 and Q4 hires planned for New York, Chicago, San Francisco and Los Angeles. The Chicago native will work closely with Michael Silberberg, Admixā€™s New York-based VP of GlobalĀ Partnerships.

He joins Admix with over two decades of media and advertising industry experience, having held senior leadership roles at global organizations such as InMobi, Integrate Marketing, NBC Internet, Triad and Monster, with key accounts including American Family Insurance, United Airlines, GMC and Progressive Insurance.

The gaming industry is at a tipping point following the change in consumer habits accelerated by Covid-19, which accelerated gamingā€™s mainstream cultural awareness and hypergrowth.

Consumers now spend more time gaming than they do on social media, creating both an opportunity and a challenge for brands to reach the three billion active gamers globally given the intrusiveness of many gaming advertising formats. Admixā€™s proprietary rendering technology has been engineered from the ground up, to insert demanding ad creatives into any 3D environment.

Marty Berman, VP Sales for North America and LATAM, commented:

ā€œAs demand increases exponentially to buy gaming inventory programmatically, Admix is in the lead position to deliver a solution to the Northern America and LATAM markets that solve the major barriers of scale to reach this elusive audience. Reaching the gaming audience via In Play media will continue to grow rapidly given its non-intrusive nature and the ability to automate the process programmatically, properly target, measure and prove ROI.ā€

Announcing the hire, Samuel Huber, CEO at Admix, commented:

ā€œ Marty is a critical hire who will help Admix communicate the significant benefits of In-Play advertising, and he will also be instrumental in building our boots on-the-ground team across the East Coast, West Coast and Midwest.ā€

Over the last year, Admix has experienced hypergrowth with an 800% revenue increase driven by unprecedented inbound and direct sales, and expects to double in size from 40 to 100 staff this year.