Thomas Alvec Transforms Digital Currency Infrastructure With His Venture Vexa Global

Driven by a passion to build innovations that apply intelligent technologies that ease complex solutions, Thomas Alvec has been known for assisting with co-creation of government projects for different countries implementing blockchain technology and helping the global adoption of digital currencies.

While the waves of industrial revolution hits the new generation, among the emerging technologies, innovations based on blockchain technology is expected to be single-handedly disrupting the industry. Thomas Alvec, who’s known for his contributions and sharing his expertise as an external consultant since 2014 recently announced to introduce a new and unique infrastructure to support digital currencies and empower entrepreneurs from around the world who has been working on the tech to build innovative solutions. Has also has been helping create several major startups, in which some reached in the top 100 industry list.

Vexa Global, the platform created by Thomas Alvec aims to enable the blockchain ecosystem to facilitate faster integration of the IoT and will introduce a range of prospects for business entities, commercial organizations and individuals to help them accelerate development and marketing. “We are working on several projects, assisting them to launch new platforms and products; the services described on our website is just a preview of what is going to come in the near future. Our primary focus at the moment is to produce an ATM network around the world in collaboration with our partners to boost the adoption of the technology.” the young CEO shares his vision. The company intends to build a next generation platform for the exchange of cryptocurrencies as well.

“Our developers are building enterprise solutions powered by AI on the blockchain technology and we will be introducing our own digital wallet and token to ease what we do. It is also vital for us to educate our partners about blockchain technology, so we will be organising seminars across the globe pushing the reach of our innovations further and further contributing to the worldwide adoption of web 3.0 projects and utilities.” concludes the CEO. The 31 year old founder has also introduced one of the very first ATMs in the United States to allow people to buy and sell Bitcoin, three years ago.

About Vexa Global

Vexa Global is a Tallinn based IT enterprise founded in the year of 2019. Thomas Alvec created the company by assigning a team of specialists in information technology, internet of things and experienced developers. Vexa Global currently employs dozens of engineers, marketing specialists and experienced traders; the team also has people who work remotely. The initiative intends to provide the entrepreneurs and businesses who are engaging in the industry to build smarter innovations as it can be challenging to understand what the actual benefits of blockchain solutions without having an experienced company to work with. The team doesn’t want Vexa Global to be recognised as a platform that provides specialist solutions, but as a firm that’s being operated by technology enthusiasts in the industry who love their work and has a passion to help people adapt to the technology and make them reach the next level.

More details about the platform and its CEO Thomas Alvec can be found at: https://vexaglobal.com

Media contact information

Name: Thomas Alvec
Company: Global partner LLC
Email: info@vexaglobal.com
Website: https://vexaglobal.com
Address: 501 SILVERSIDE RD STE 105, WILMINGTON, DELAWARE, USA 19809

Costruire una miniera d’oro: la storia di Davide Bongiovanni e Alessio Vinassa

L’oro è un metallo raro con caratteristiche fisiche ricercate. L’oro e le sue leghe sono utilizzati in gioielleria, per coniare monete e sono uno standard di cambio per molti paesi. L’oro ha trovato sempre più spazio nelle applicazioni industriali, grazie alla sua resistenza alla corrosione e alle sue notevoli proprietà elettriche. Altri usi includono:

Alessio Vinassa

– nei componenti elettronici: svolge funzioni fondamentali in molti computer, in apparecchiature di telecomunicazione, in motori a reazione e in numerose applicazioni industriali. È ampiamente usato come materiale di rivestimento per le superfici dei contatti elettrici, per garantire la resistenza alla corrosione nel tempo;
– nel campo dell’astronautica: la foglia d’oro è contenuta nelle visiere della tuta spaziale per la protezione dalla luce solare, garantendo la necessaria schermatura, non solo dalla luce visibile e ultravioletta, ma anche dalla luce infrarossa;
– per scopi medici, come la realizzazione di otturazioni e ponti in odontoiatria;
– per scopi ornamentali;
– per le premiazioni;
– nel campo culinario.

L’oro è sempre stato un metallo speciale per l’umanità ed è considerato una fonte di ricchezza sin dalla sua prima estrazione, ai tempi del re Creso a Lidia nel 550 a.C. Si trova nel suo stato nativo sotto forma di pepite, granaglie e granelli in rocce e depositi alluvionali.

L’oro è una risorsa limitata. Secondo il World Gold Council, un’organizzazione commerciale internazionale che conta tra le sue compagnie alcune delle maggiori aziende di estrazione dell’oro, finora sono state estratte poco più di 190.000 tonnellate di oro. Ciò equivale a oltre 6 miliardi di once, che possono sembrare molto, ma che rappresenta ancora meno di un’oncia d’oro per ogni abitante del pianeta. In particolare, oltre i due terzi dell’oro è stato estratto dal 1950. Se tutto l’oro mai prodotto fosse fuso, si adatterebbe in una scatola di 21 metri cubi.

Non si sa quanto oro sia ancora presente nel sottosuolo, ma nel corso degli anni, dati sempre più rilevanti ci permetteranno di capirlo, anche grazie dell’attività di estrazione dell’oro.
L’estrazione dell’oro è un’attività globale con operazioni in tutti i continenti, ad eccezione dell’Antartide, e l’oro viene estratto da miniere di varia natura e scala. In questo articolo, racconteremo la storia di una società di estrazione dell’oro con sede in Africa e con origini italiane: Inti Gold Global 2 Sarl.

Inti Gold Global 2 Sarl opera nel settore dell’estrazione aurifera e ha sede in Burkina Faso, nazione dell’Africa occidentale. Fondato da due imprenditori italiani, Alessio Vinassa e Davide Bongiovanni, che nel 2010 hanno deciso di creare quella che sarebbe stata la svolta della loro vita. Il sogno era grande, basare un’attività sul mercato di un prodotto la cui domanda è sempre maggiore dell’offerta: l’oro.

Davide Bongiovanni, dopo trent’anni nel settore immobiliare, era determinato a realizzare il progetto di una vita: aprire un’azienda nel campo dell’oro, il metallo più prezioso al mondo. Alessio Vinassa, con la sua conoscenza dell’estrazione e il forte desiderio di iniziare il suo progetto, si è unito a Davide Bongiovanni e al loro nuovo obiettivo. L’idea era di costruire una miniera d’oro a cielo aperto nel Burkina Faso. La miniera di superficie è un tipo utilizzato per estrarre depositi di risorse minerali vicino alla superficie. Nella maggior parte delle forme di miniere a cielo aperto, le attrezzature pesanti, come gli escavatori, rimuovono prima il deposito di roccia e terra sopra il deposito. Quindi macchinari pesanti, come l’escavatore a tazze, estraggono minerali.

Il luogo per l’inizio dell’attività era in Burkina Faso. È uno dei paesi più poveri del mondo, ma con un immenso tesoro. Negli strati superficiali, tra la sabbia e la ghiaia, è possibile trovare polvere d’oro. I fili d’oro corrono anche per chilometri sotto la terra, dove le pepite rimangono intrappolate nella roccia.
Il Burkina Faso è stato scelto sia per la vasta presenza di oro che per la mancanza di petrolio. L’’”oro nero” è sempre stato motivo di conflitti e la sua assenza garantisce una nazione pacifica.

Alessio Vinassa e Davide Bongiovanni iniziarono la ricerca del terreno percorrendo 70 mila chilometri di strade sterrate in sei mesi. Nel 2013 presero in sub-locazione il loro primo pezzo di terra. Investirono 50 mila euro per acquistare il loro primo escavatore, un camion, una terna e due mulini. Dopo settimane di lavoro, il primo oro vide portato alla luce.

Il progetto ha iniziato ad attirare l’attenzione e i primi finanziatori fanno la loro comparsa. Grazie ai loro contributi, è stata possibile l’acquisizione di una nuova concessione. Su queste terre ebbe origine Inti Gold Global 2 Sarl. Un’impresa ambiziosa, con l’obiettivo di creare una miniera a cielo aperto abbastanza grande e profonda da raggiungere i filoni d’oro, dove il metallo si trova in grosse quantità. Numerosi studi sul terreno hanno identificato i fili d’oro a una profondità di circa trenta metri, che saranno raggiunti da numerosi scavi.
Oggi il Burkinabè lavora in Inti Gold Global 2, nel ruolo di operai, ingegneri, cuochi e geologi.

La costruzione dell’impianto e la concretezza del progetto sono obiettivi che hanno aperto le porte a nuove possibilità. I primi fondi di investimento sono interessati a partecipare al progetto, entrando con Inti Gold Global 2 Sarl nel settore dell’estrazione dell’oro. Per secoli, investire in oro fisico ha dimostrato di essere un metodo molto efficace per preservare la ricchezza di coloro che lo cercano. Di fatto, al di là di tutte le previsioni, l’oro ha mantenuto il suo valore nelle fasi più acute della recessione, come in quella attuale. Questo è uno dei motivi per cui i prezzi dell’oro sono saliti a livelli record negli ultimi anni. Con l’aggiunta di fondi al progetto, la quotazione di Inti Gold Global 2 Sarl raggiungerà un nuovo record, ma solo il primo di molti! C’è una grande quantità di oro nella loro concessione che sta solo aspettando di essere estratta.

Twitter: https://twitter.com/VinassaAlessio
Blog: https://alessiovinassa.blog/
TC CrunchBase: https://www.crunchbase.com/person/alessio-vinassa
Reuters: https://www.reuters.com/brandfeatures/venture-capital/article?id=147301
Medium: https://medium.com/@mervikhaums/alessio-vinassa-una-storia-di-miniere-doro-274cbc749c15
USA Today: http://classifieds.usatoday.com/press/italian-entrepreneur-alessio-vinassa-creates-a-payment-institution/

Siam Commercial Bank Of Thailand To Use Ripple For Cross-border Payments With Easy Pay App

Siam Commercial Bank of Thailand uses Ripple for cross-border payments with the Easy Pay application. That has been confirmed in an update on its website. There has been speculation about this news for several months. Now there is finally clarity. They also provide a complete description of how the technology is used and implemented.

The application allows SBC Thailand customers to easily send money to countries such as the United States, United Kingdom, Germany, France, Italy, Spain and Singapore. Payments to the United Kingdom and Singapore are even made in real time. The SBC has been around for over 100 years and is the third largest bank in Thailand.

A few months ago, the SBC announced that they would use Ripple. At that time, xRapid was named as the company’s technology. This is a payment system in which the XRP token plays an important role. However, today it was officially announced that it is xCurrent. There are no benefits for XRP holders.

This is a point of hate for many people who own XRP coins. xCurrent is just the system that banks can use to commit. Payments where XRP can be used are not included in this piece of technology. Therefore, this collaboration does not immediately lead to an additional demand for the currency. You can see it as a disappointment for fans who had high expectations of this collaboration.

The cooperation between the bank and Ripple goes back to 2016. The chief technology officer, Colin Dinn, says he believes that banks that are not going to use the blockchain technique will have a very difficult time.

We saw that it offers a solution in which the client is central. Offer something our customers want. It was not something that we as a bank wanted to promote. With Ripple we have found a way and a partner in which we can work very differently from what we are used to. We have ambition and we want to do things differently and change. We see that a bank will be less relevant for customers in the coming years.

Study Reveals That Google Earned About 4.7 Billion Dollars From The News Sector In 2018

4.7 billion dollars is the amount Google earned in the area of news business in 2018, through news search and Google News, according to a research published by the News Media Alliance.

Journalists and media platforms who create this content deserve $ 4.7 billion, said David Chavern, president and CEO of the alliance, which represents more than 2,000 newspapers nationwide, including The New York Times.

“They make money from this system,” Chavern said: “News publishers should get a better result.”

That $ 4.7 billion is almost the same as $ 5.1 billion provided by the US information industry as a whole last year for digital advertising – and the News Media Alliance warned that its estimated revenue from Google was conservative. First, it does not take into account the value of the personal data the company collects with consumers each time they click on such an article.
Sign with interest

“The study openly illustrates what we all know so clearly and painfully,” said Terrance C.Z. Egger, CEO of the Philadelphia Inquirer PBC, which publishes The Philadelphia Inquirer, the Philadelphia Daily News and philly.com. “The current dynamics of the relationship between platforms and our industry is devastating.”

The News Media Alliance publishes a study before hearing the House subcommittee on the interrelationships between major technology and media companies.

“News is an important form of content supporting civil society,” says Mr. Chaverna was added. “I think everyone, from readers to writers to politicians, understands that if journalism is over, it is a terrible result whether we can support the republic.”

News Media Alliance based its new report in part on a study conducted by economic consultant Keystone Strategy. Keystone Strategy is based on a statistic that was made public in 2008, when a Google executive estimated that Google News raised $ 100 million. The study also noted how much revenue the company has grown since then, among other factors.

News is an important part of Google’s business, according to the study. About 40 percent of clicks on the platform’s trend queries are for news. That is the content that Google does not pay, according to the report, although it often presents the headlines of the media to the letter. Experts from the industry were pointing out to the fact that big tech companies should show some appreciation for the content that news publishers provide.

US Retail Giant Walmart Wants Patent For Blockchain Driven Drone

Walmart has filed a patent application for a drone communication system based on blockchain technology. With this, the retail giant, one of the largest companies in the business, wants to patent a drone communication system.

With the system, the operating parameters of a drone can be encoded and stored. This allows drones to pass through each other’s locations. This is because the receiving drone can decrypt, read and decrypt the parameters.

Since 2017, the retail giant has patented blockchain solutions for drones. In May 2017, for example, Walmart filed a patent application for a ‘Unmanned Air Delivery to a Safe Place’ system. Walmart has been flirting with cryptocurrencies for some time. Earlier this month, a patent was filed for a digital currency based on blockchain. According to the documents, Walmart ‘wants to launch a digital currency based on a regular currency such as the US dollar. So, this is really a stable currency.

On May 17, 2018, a patent application was filed for a blockchain solution for a market or a second-hand items platform. The application describes a service that records a customer’s purchases in the blockchain. This allows the customer to resell items on a sales platform using proof of purchase.

Elrond Brings Its High Throughput And Fully Sharded Blockchain Infrastructure To The Trusted IoT Alliance

Elrond Network, the scalable public blockchain that deploys sharding technology has announced that it has entered the Trusted IoT Alliance (TIoTA), joining a retinue of high-profile enterprises and developer organizations to create a collaborative consortium ecosystem at the forefront of IoT innovation.

The McKinsey Global Institute projects that nearly 30 billion devices will be connected to the Internet by 2020, encompassing an overall IoT economic impact value between $4 trillion and $11 trillion by 2025. TIoTA’s 2025 goals include building a secure, interoperable, and scalable IoT ecosystem based on blockchain technology that is capable of facilitating M2M payments, autonomous supply chain management, and many more applications across multiple industries.

Elrond Network is ideally suited for the push into the next generation of the Internet, where scalable, public infrastructure will be necessary to support the frictionless transfer of value. Elrond is one of the blockchain projects spearheading the experimentation of scalable, interoperable infrastructure for the underlying technology.

The platform relies on a horizontal database partitioning technique called sharding, and, when blended with the network’s Secure Proof-of-Stake consensus (SPoS), provides a decentralized and highly performant blockchain. As a result, Elrond presents an optimal backbone for the ongoing work of TIoTA, and the network will be of use to the TIoTA’s enterprise members for hackathons and challenges meant to solve real-world problems.

The TIoTA Consortium is comprised of numerous projects at the bleeding-edge convergence of IoT application development and blockchain technology. Alongside major corporate partners, Elrond is positioned favorably to support the growth of TIoTA’s leading open-source software foundation.

Elrond Founder and CEO, Beniamin Mincu, commented: “Our immersion with the Trusted IoT Alliance is a significant step forward for realizing the practical and real-world applications of what Elrond Network can achieve. Alongside the likes of TIoTA’s enterprise, IoT and blockchain members, Elrond’s public, sharded blockchain can provide the infrastructure that is necessary for the digital economy to blossom.”

“Elrond provides a scalable value transfer protocol for the digital economy,” said Anoop Nannra, Chairman of the Trusted IoT Alliance and Head of Blockchain at Cisco. “We are thrilled to have Elrond join our organization and contribute to our collective goals to establish best practices for the market and too commercialize trusted initiatives.”

Elrond’s integration with TIoTA comes amid a flurry of recent developments for the project. The Elrond Testnet is already live and has demonstrated the performance of more than 10K transactions per second. Similarly, Elrond recently announced their partnership with decentralized oracle service, ChainLink, who made waves recently under the agreement with Google.

A New Computer Virus Is Spreading That Records People While Watching Porn

Reports from various tech analysts indicate that a new computer virus called Varenyky is spreading quickly, a malware that records people while watching pornography. The group behind the virus then asks for a payment in exchange for not sharing the stolen images.

Regardless of how powerful people think their antivirus programs are, people are never completely safe on the Internet. The rapid development of technology facilitates the search for a backdoor to steal your information. ESET, the cybersecurity company, has discovered a new “malware” that allows users to take screenshots while watching pornography. The virus, called Varenyky, can take screenshots of the smartphone from those who enter a page offering such content.

It was discovered in May, although its distribution was unknown. From the cybersecurity firm, they point out that this has an impact in France. “Malware” infiltrates the devices through an antispam bot (spam) which, according to the company, has evolved only to avoid being removed from infected terminals.

The mail is presented in the form of an invoice, written in French, in which a payment of 491 euros is requested. Once the recipient has interacted with the document contained in the document, a message appears indicating that it is protected by Microsoft Word. It therefore requires human verification. After opening the device is infected.

“To infect victims’ devices, cybercriminals use spam with an illicit attachment in the form of a fake invoice. To open a file, it is necessary to pass a system check to confirm that it is not a robot. then the spyware executes the dangerous component, “they stress since ESET.

Once installed, Varenyky can steal passwords and access the victim’s email accounts. Then, the device starts recording each time the user enters a web page of adult content and sends the records to his or her contacts. ESET has already recorded a case of sextorsion involving a victim of French origin. A group of hackers contacted the user asking for a payment of 750 euros in bitcoins in exchange for not sharing the recordings in which, apparently, this seems to consume pornography. At the same time, cybercriminals have threatened to share this content with all of the victim’s cultures.

As ESET pointed out, Varenyky can only record on the screen of the infected device, not on the camera. The cybersecurity firm says, in turn, that at present no stolen content with the use of Varenyky has been released.

Huawei Introduces HarmonyOS, An Alternative To Google Android

On the first day of the 2019 developer conference organized by the company in Dongguan (southeastern China), Huawei ended months of rumors and speculation and presented the platform, which it is considering. to create your own software ecosystem. Richard Yu, CEO of Huawei’s consumer division, said it was necessary to have its own operating system to cope with the future challenges of the Internet of Things era.

Yu said that some of HarmonyOS ‘features had already been implemented in some of his smartphones and other high-end devices. With its new platform, which will be open source, Huawei aims to make the user experience fluid on all its devices. For the moment, according to the specialized media, the first device working with HarmonyOS will be a Honor TV, the second brand Huawei.

On July 30, during the presentation of Huawei’s half-yearly results, its chairman, Liang Hua, repeated that “yes the United States. allows us to use Android, it will always be our preference, but otherwise we have the opportunity to develop our operating system and its ecosystem.

However, at that time, Liang kept the mystery about the HarmonyOS unveiled today when asked if he was ready and if the phones launched in the coming months would integrate it: “You’ll see from your own eyes how well we are prepared at the time. ”

Information about Huawei’s own operating system – which the company reportedly developed for years, according to the local press – began to rise after Washington, in May, put the company on a list as a danger to its national security and vetoed its activities with US companies. This veto was temporarily and partially lifted in June, as part of the trade truce signed by US President Donald Trump and his Chinese counterpart Xi Jinping.

However, the resurgence of tariff disputes between Beijing and Washington suggests the future of relations between Huawei and Google. If the veto is still in effect, Huawei’s new devices will not be able to access Google or use apps developed by the US company, such as Google Play Store.

Ethereum Blockchain Network Crosses More Than 200,000 ERC20 Tokens Benchmark

Regardless of what you think of Ethereum (and altcoins in general), it is a fact that this network has had and had a great impact on the entire industry. While bitcoin is considered primarily as a means of payment, during the huge increases in 2017, the ether was the driving force and the means of payment in many cases.

The Ethereum network was really forced to assume that role: the tokens in the network shot up like mushrooms. Suddenly, everyone wanted to issue the so-called ERC-20 token. Since the launch of the network, more than 200,000 Tokens have been issued on the Ethereum network according to EtherScan.

ERC-20 is a technical standard for implementing tokens in the Ethereum chain. Almost all the coins or tokens issued on this platform belong to this category. The most important example is the ether. That is the fuel of the Ethereum network and it is also an ERC-20 token. With ether, it pays to make transactions, but also to execute smart contracts, for example.

These tokens are issued based on a smart contract. These contracts do not have to be ‘smart’ or super practical, therefore, it is a slightly unfortunate name. However, these smart contracts ensure that the network and tokens must comply with certain rules. Therefore, you can program your tokens in a certain way and give it certain properties.

In 2017, the initial coin supply trend began. Everything and everyone had to have their own record. Often that was only possible with ETH. Which resulted in prices well above $ 1,000 per ether. Current hodlers can only dream of that. Millions could be collected. And if you could make a good marketing talk, you could charge wonderfully. Because investors were ready to push their ETH earned so hard to another new company.

Billions in investments in projects, most of which have never added anything to the crypto space. On the other hand, there are some outliers. If you look at the top 100, most remain an ERC-20 token. The largest token, after ETH, is currently Binance Coin (BNB). But that currency will eventually move to its own chain. But also other currencies that are popular this year, such as Chainlink (LINK) and Basic Attention Token (BAT) have been issued on the Ethereum network.

Hot Stock of the Day: IMAX Corporation (NYSE: IMAX)

NEW YORK, June 25, 2019 – Shares of IMAX Corporation (NYSE: IMAX) declined -0.40% to $19.83. The stock traded total volume of 439.188K shares higher than the average volume of 428.88K shares.

IMAX Corporation (IMAX), the world leader in immersive audience experiences, reported revenues of $80.20M, gross profit of $45.10M and net income attributable to common shareholders of $8.30M, or $0.13 per diluted share, for the first quarter ended March 31, 2019. Adjusted net income attributable to common shareholders for the quarter was $10.80M, or $0.18 per diluted share, and adjusted EBITDA was $28.50M.

First Quarter 2019 Results

Box Office Update:

Gross box office from IMAX DMR® films was $256.30M in the first quarter of 2019 contrast to $246.90M in the first quarter of 2018. Gross box office was generated mainly by the release of 24 films (12 new and 12 carryovers), as contrast to 22 films (14 new and 8 carryovers) exhibited in the first quarter of 2018.

First Quarter Consolidated Results:

The gross margin across all segments in the first quarter of 2019 was $45.10M, or 56.3% of total revenues, contrast to $50.70M, or 59.6% of total revenues, in the first quarter of 2018. Operating expenses (which includes SG&A, excluding stock-based compensation, plus R&D) were $24.80M in the quarter.

First Quarter Segment Results

Network Business:

  • Network business revenues were $45.80M in the quarter, contrast with $44.90M in the prior-year period. Gross margin for the network business was 68.9% in the most recent quarter, contrast to 70.2% in the prior-year period.
  • IMAX DMR revenues were $28.00M in the first quarter of 2019, contrast to $27.10M in the first quarter of 2018. Gross margin for the IMAX DMR segment was 70.8%, contrast to 69.4% in the prior-year comparative period.
  • Revenues from joint revenue-sharing arrangements were consistent at $17.90M in the quarter and the prior-year period. Gross margin for joint revenue-sharing arrangements was 66.1%, contrast to 71.3% in the prior-year comparative period.

Theater Business:

  • Theater business segment revenues were $30.30M in the quarter, contrast with $35.00M in the prior-year period, mainly reflecting the installation of seven fewer sales-type theaters, partially offset by four additional hybrid joint revenue sharing lease arrangements and one additional system upgrade. Average revenue per sales and sales-type lease systems for new systems was $1.40M, consistent with last year.

IMAX has the market capitalization of $1.22B and its EPS growth ratio for the past five years was -10.90%. The return on assets ratio of the Company was 2.60% while its return on investment ratio stands at 6.50%. Price to sales ratio was 3.31 while 86.00% of the stock was owned by institutional investors.