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Topics - Dev12345

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16
Cryptocurrencies Discussion / Bitmeet - Alluma Blockchain and Crypto Meetup
« on: September 06, 2018, 11:00:33 am »
Allumanauts! 🚀

After the success of our Meet up events, Alluma along with Innov8 Coworking Cyber Hub is introducing our fresh round of meet up events for hashtag#Blockchain and hashtag#Cryptocurrency enthusiasts.

Who should attend: If you're a follower, cryptoenthusiast, trader, developer or a miner, this is the place for you to be.

BitMeet, a three city, educational & networking event, hosting some of brightest minds in the Indian Blockchain industry ⚡️
Registration is free, but due to limited seats, we request you to RSVP!
https://bit.ly/2MOopd3

Download Our Mobile App click here: http://bit.ly/AllumaAppDownload4
Participate in our referral program, register with our trade exchange: https://hubs.ly/H0dhWjK0
Referral Program guide click here to know more: https://bit.ly/2wh7HYV
#ICO #cryptocurrency #Bounty #Giveaway

17
Lawmakers in South Korea are building on previous efforts to fast-track cryptocurrency regulations in one of the world’s largest blockchain markets. This move could make South Korea more desirable for proponents of the crypto sector. The plan proposed by the lawmakers leave the door open to regulating initial coin offerings (ICOs).

According to the Korea Times, representatives from across the political spectrum have joined forces to draft new cryptocurrency bills that could be proposed to the National Assembly in an extended session between July 13 and 26. However, as it stands, opinions remain widely divided on the topic of cryptocurrencies, and thus, it is still unclear if any of the draft bills will end up becoming law at the end of the session. In case, any of the bills will be signed into law during the session, the submissions will serve as a “catalyst” for further debate within the Assembly.

The Financial Supervisory Service stated in May that a more nuanced approach to cryptocurrency regulation is inevitable:

It’s almost certain that cryptocurrencies will be classified as assets and the main issue will be centered on how to regulate them properly under the unified frame that will be agreed upon between G-20 nations.

In the spirit of creating a healthier and collaborative environment for investors and traders to operate within the South Korea crypto market, the National Assembly of South Korea proposed to lift the ban on ICOs and allow it to function under the regulatory eye within a proper framework. The Special Committee on the Fourth Industrial Revolution under the National Assembly said:

We need to form a task force including private experts in order to improve transparency of cryptocurrency trading and establish a healthy trade order. We will also establish a legal basis for cryptocurrency trading, including permission of ICOs, through the National Assembly Standing Committee.

Earlier this month, the South Korean government announced that it was preparing new industry classification standards for the country’s blockchain industry. This system is expected to include categories such as blockchain systems, decentralized applications (DApps) development, and cryptocurrency exchanges and transactions, to list a few.

Now, all eyes are set for the debate between the Korea Internet and Security Agency (KISA) on the security of the local cryptocurrency exchanges which is due to take place on 19 July. Therein, representative, Song Hee-kyung of the Liberty Party Korea will also host a policy debate on the security practices of domestic cryptocurrency exchanges.

Easy access to referral program:

Download Our Mobile App click here: https://go.alluma.io/whitepaper-download?utm_source=Swadesh&utm_medium=Social&utm_campaign=Whitepaper-download
Participate in our referral program, register with our trade exchange: https://hubs.ly/H0dhWjK0
Referral Program guide click here to know more: https://blog.alluma.io/alluma-referral-program?utm_source=swadesh&utm_medium=social&utm_campaign=Alluma%20referral%20program

18
Cryptocurrencies Discussion / 🚥 FUEL Trading Competition has begun!
« on: September 04, 2018, 01:57:26 pm »

Here's how to participate:
👉 Sign in or create a free account on Alluma: https://hubs.ly/H0dzx1K0
👉 Start trading any pairs in FUEL over the next 7 days!

Full contest details: https://hubs.ly/H0dzx1K0
Alluma Trading Grand Prix Info: https://go.alluma.io/tradinggp/fuel?utm_source=swadesh&utm_medium=social&utm_campaign=Alluma%20Trading%20Grand%20Prix

#Alluma hashtag#Tradingcompetition hashtag#bounty hashtag#cryptocurrency hashtag#FUELtoken

19
English / Alluma Trading Grand Prix Week 1: FUEL
« on: September 03, 2018, 10:46:26 am »
Alluma Trading Grand Prix Week 1: FUEL

FUEL Token

The Etherparty cryptocurrency is known as FUEL ,which is the token that powers the Etherparty platform. FUEL is essential to access and conduct tasks such as managing the contract library, security testing, the network fees, and monitoring of all parts of the entire smart contract process.

It is a transferable ERC-20 digital token deployed on the Ethereum network to validate the user’s interactions with Etherparty.

Once deployed, it allows users to buy, execute, or barter for other smart contracts on the platform.

The total supply of FUEL tokens will be one billion and the smallest unit of FUEL is one wei.

Know more about Etherparty & FUEL

 Coming Soon

Contest Details

* Contest duration is from 31st August,2018, 12 PM IST (GMT+5:30) to 6th September, 2018, 8PM IST (GMT+5:30)
* The top 10 traders of the competition will be eligible for the Weekly Winners Circle with rewards up to ~$4,000!
* You must trade at least $1,000 worth of FUEL tokens during the competition period
* Your account must be ID verified
* Referral Bonus: Invite your friends to join Alluma and 10% of your referrals trade volume (only trades in FUEL) will be added to your total during each
   weekly contest. Referral must complete ID verified for trade volume to be counted.

👉 Here’s your step-by-step guide to referring friends to Alluma

No wash trading! Trading between yourself is not allowed and we keep a track of it. We want to keep the competition as fair as possible.
LUMA Tokens will be distributed after the end of our public sale
 
Rewards
Weekly Winner Circle

The top 10 traders by volume will be rewarded in a mix of FUEL and LUMA:
Rank

Reward

🏆 1
$500 in FUEL + 10,000 LUMA
🏆 2
$300 in FUEL + 9,000 LUMA
🏆 3
$150 in FUEL + 8,000 LUMA
🏆 4 to 10
$75 in FUEL + 4,000 LUMA
 
Qualifying Bonus

Earn 500 LUMA (worth $25) assured bonus on qualifying for the FUEL competition. Remember you need to trade at least $1,000 worth of FUEL tokens to qualify

* Alluma Trading Grand Prix
* Alluma Trading Grand Prixe Banner

8 Weeks | 8 New Coins | 8 Trading Competitions

Each week we will launch a new coin with a trading competition exclusively for the coin.

* The top 10 traders of each week's competition will be eligible for the Weekly Winners Circle with rewards up to ~$2,500
* The top 3 traders in the Trading Grand Prix will be eligible for the Grand Prix Winners Circle with rewards up to ~$9,000!
* New contest begins every Fridays at 12pm IST (GMT+5.5) and complete the following Thursday at 8pm IST (GMT+5.5)
* The top 3 traders over the entire 8 weeks of trading grand prix will be eligible and the reward will be a mix of BTC and LUMA tokens.
* Earn 500 LUMA assured bonus when you qualify for each competition.

Rewards
Rank
Reward
Value
🏆1
$1,500 in BTC token and 50,000 LUMA
~ $5,000
🏆 2
$1,000 in BTC + 25,000 LUMA
~ $2,250
🏆 3
$500 in BTC  + 10,000 LUMA
~ $1,000
 
Get updates on upcoming competitions and leaderboard changes directly to your inbox 👇

Alluma Trading Grand Prix Fuel: https://go.alluma.io/tradinggp/fuel?utm_source=swadesh&utm_medium=social&utm_campaign=Alluma%20Trading%20Grand%20Prix

Easy access to referral program:

Download Our Mobile App click here: https://play.google.com/store/apps/details?id=com.alluma.io&referrer=utm_source%3DSwadesh%26utm_medium%3DInfluencer%26utm_term%3DMobile%2520app%2520Download%26anid%3Dadmob
Participate in our referral program, register with our trade exchange: https://hubs.ly/H0dhWjK0
Referral Program guide click here to know more:
https://blog.alluma.io/alluma-referral-program?utm_source=swadesh&utm_medium=social&utm_campaign=Alluma%20referral%20program


20

Grab the chance to win ETH in the high paying trading competition just by inviting your freinds. And once they trade over $25 you both will get an oppurtunity to earn $10 (200 LUMA Tokens). But it doesn't end here, you will also get a bonus of 0.50 ETH. So buck up! Don't miss this exclusive offer to win rewards as the offer is only valid for 1000 referrals.

we will be having high paying trading competitions starting soon.

Easy access to referral program:

Download Our Mobile App click here: http://bit.ly/AllumaAppDownload4
Participate in our referral program, register with our trade exchange: https://hubs.ly/H0dhWjK0
Referral Program guide click here to know more: https://bit.ly/2wh7HYV


21

Start your engines and get ready for non stop trading action. 

We’re introducing 8 new tokens over 8 weeks of back to back trading competitions!
 
* Compete for a $40,000+ reward pool!
* The action runs from August 31st through Oct 25th 
* Each week features a new token, a new competition, and a new chance to win!
* Invite your friends to get 10% of referral volume added to your tally
* Top 3 Traders after 8 weeks split $7,000+ in rewards.

To know more click here: https://hubs.ly/H0dzx1K0


22

Hi,

we will be having high paying trading competitions starting soon.

Get the chance to win ETH. All you have to do is invite your friends and once they trade over $25, you both earn $10 (200 LUMA Tokens). You also get a bonus of 0.50 ETH. Hurry Up! Rush as the offer is valid for 1000 referrals only. Don't miss out on this exclusive offer to win rewards.

Easy access to referral program:

Download Our Mobile App click here: http://bit.ly/AllumaAppDownload4
Participate in our referral program, register with our trade exchange: https://hubs.ly/H0dhWjK0
Referral Program guide click here to know more: https://bit.ly/2wh7HYV

23
Cryptocurrency is here to stay!

London unveiled "Crypto Connection - powered by Eidoo", the world’s first ever crypto sculpture. Situated prominently at Observation Point on London's Southbank between the OXO Tower and the BFI to ensure high visibility, the hugely ambitious statue was created by contemporary artist Federico Clapis and commissioned by the multi-currency crypto wallet and hybrid exchange Eidoo.

Standing at three meters tall, the sculpture depicted a mother carrying her unborn baby who is on a digital device.

London crypto structure

Artist, Frederico Clapis with his bronze sculpture, Crypto Connection

With London as the world’s famous cultural hub and a strong contender as the crypto capital of the world, it is no surprise that it was chosen to house this iconic and ambitious project of the so-called guerrilla marketing, reflecting the dichotomy of cryptocurrencies: an apparently fleeting trend, but built to endure.

Federico Clapis explained the inspiration behind his artwork:

I am passionate about cryptocurrency and blockchain and the way I see it, the baby in the statue represents a generation being born into a world where blockchain is normal and useful for all.

Clapis goes on to explain:

I believe Eidoo is the perfect partner of my artistic vision. Live the future every day as if it were already present. I think that blockchain technology represents a decisive step for our technological and economic evolution, with effects spreading to every sector, including art. I am very happy to be able to represent the “Crypto Connection” that binds us together, a link similar to the one that binds a mother to a Child of the Future.

Group CEO of Eidoo, Lars Schlichting, heralded the coming of a “digital revolution” with the crypto sculpture:

We're thrilled to unveil the first crypto sculpture in the world in the creative hub of London. With the crypto space developing fast we wanted to explore a way to communicate with a wider public using the hugely engaging medium of art. We have immensely enjoyed working with Federico Clapis who has managed to capture our intention through this awe-inspiring piece. We're delighted to warmly invite all who are interested to visit the sculpture until the 23rd June.

Eidoo’s intention was for the public to spark debate and to contemplate what the future may look like operating with a new kind of digital currency. He encourages spectators to take photos with the sculpture and share their thoughts about it on social media using the hashtags #cryptoconnection and #Eidoo.

One thing for sure, cryptocurrency is notoriously esoteric. Yet, it is a concept which lives up to its name - too cryptic to understand, to current to ignore.

Read more Click here: https://blog.alluma.io/?utm_source=Swadesh&utm_medium=Social&utm_campaign=Blog
Exchange cryptocurrency in affordable price click here: https://hubs.ly/H0dhWjK0
Participate in bounty program: https://hubs.ly/H0d8gms0


24
Announcements / Alluma.io Product — 17th August development update
« on: August 21, 2018, 10:06:08 am »
Since our public beta launch(!) I’ve begun posting product updates to the community. These weekly posts will showcase what our development and product team is working on behind the scenes.

Alluma on Android

We’re very close to the finish line and just putting the final touches on our Android app. For a glimpse into what our mobile team has been working on, I wanted to share one of the early demo videos of our simple buy/sell feature.

We’ve made a lot of improvements since this demo, but let me know what do you think.

Our Android app will be released very soon and we’ll be posting more details on this release and our iOS build in the comings weeks.

Please note: INR is not currently supported :(

Referral Program: Supercharged ⚡️

In my last update, we introduced our simple referral program. Since adding the feature we’ve seen many of you invite your friends to join Alluma so we decided to pump it up! Thanks to the tech team for implementing this awesome update in less than 24hrs.

Alluma.io Product — 17th August development updateAlluma referral dashboard
What we’ve added:

Milestone referral bonus. Now, the more friends you invite the more you earn! (over 0.5 ETH in bonus rewards.)

Quick share links. We’ve made it super easy to share your unique referral code on Facebook, Twitter, and Telegram.

Referral code field on sign up. Now your friends can sign up using your referral code directly on our sign up page.

In the next iteration, we’ll be adding a dynamic referral tracking dashboard so you’ll be able to see the status of all the friends you’ve invited to Alluma in real-time.

Trade Screen Update

I’m very excited to share our progress on our trading screen redesign. This past week we were working hard on adding advanced trading options and beautiful charting tool. Take a look and let me know what you think!

Alluma.io Product — 17th August development update

Finally, I want to add that your feedback is very important to us. We’re reading all of it and it truly helps our team identify new ways to improve our platform and processes. Stay tuned for more updates!

Be sure to join our Telegram Announcements Channel & Chat Community to be part of the conversation and stay up to date on important announcements.

Read more Click here: https://blog.alluma.io/?utm_source=Swadesh&utm_medium=Social&utm_campaign=Blog
Exchange cryptocurrency in affordable price click here: https://hubs.ly/H0dhWjK0
Participate in bounty program: https://hubs.ly/H0d8gms0


25
Project Development / Alluma Referral Program
« on: August 20, 2018, 02:38:33 pm »
Welcome to the Alluma referral program, here’s your chance to earn free LUMA tokens and impress your friends in the process. This guide will show you how to share your unique referral link and provide all the details of the program.

Inviting your friends or family to join Alluma is easy, here’s how it works:

Grab your unique referral link

Invite your friends or family

You both earn $10 (200 LUMA tokens) when they trade over $25. (You can also earn up to 0.50ETH in bonus rewards!)Alluma Referral Program

Ready to start referring and earning? Here’s a step-by-step breakdown of just how to earn those tokens, all you need to do is follow these steps:

Step 1 : Please Sign in to your Alluma account.

Sign in to your Alluma account

Important: When you are taken to the dashboard page, please ensure the URL is trade.alluma.io.

Step 2 : Once you’re logged in navigate > Invite Friends

Alluma Referral Program

Step 3 : You can find your unique referral link on this page, simply copy the link to your clipboard.

Alluma Referral Program

Step 4 : Invite your friends!

We’ve made it easy to share your invite link on Facebook, Twitter, and Telegram. Click on whichever social network you would like to post to and it will automatically draft a post with your unique link.

After your friends sign up, complete ID verification and trade over $25 you will earn $10 (200 LUMA) and your friend will earn $10 (200 LUMA). It’s that simple!

Oh, did we mention Bonus Rewards!

The more friends you invite, the more you earn - up to 0.50 ETH!

Alluma Referral Program

 
F.A.Q.

* How do I track my referrals?

You’ll be notified by email when your friends qualify for the referral reward. In the (very) near future, we will be introducing a tracking dashboard for you to track the status of each person you refer (so you can send them a reminder to start trading 😉)

* When will I receive LUMA tokens?

The LUMA tokens you earn via referrals will be distributed within 2 weeks after the end of our public sale.

* When will I receive ETH bonus rewards?

Bonus rewards are in ETH are credited on the last day of each month and sent directly to your ETH wallet on Alluma.

* What else should I know?

It’s important to note the following details of the promotion:

Your referral must sign up within 30 days of being referred.

You must make at least 1 trade in the past 30 days.

Your referral must complete ID verification and trade over $25 USD in value to qualify for the referral reward.

Bonus Rewards limited to first 1000 referrals.

Alluma reserves the right to change/end the referral promotion without prior notice.

We check for duplicate or fake accounts and will not award referral bonuses if we suspect foul-play.


Exchange cryptocurrency in affordable price click here: https://hubs.ly/H0dhWjK0

Participate in bounty program: https://hubs.ly/H0d8gms0

26
Since our public beta launch(!) we’ll be posting product updates to the community on a regular basis. These posts will showcase what our development and product team is working on behind the scenes.

Over the last couple of weeks we’ve been working closely with our community to polish the product. Since launch, the Alluma tech team has spent this past week on testing the platform with different browsers and OS, deploying our referral program, and redesigning our trade screen:

We built our new referral program from scratch. Now you can invite your friends to join Alluma and you both will earn 200 LUMA tokens($10) when they trade over $25. To get your unique referral link just open your settings page and choose “Referral Code” in the submenu.

Alluma.io Product — 10th August development update
The referral control panel

Alluma.io Product — 10th August development updateAlluma.io Product — 10th August development updateYour friend can register using your referral code.
 

When your friend receives the link and registers our system automatically captures that information and records them as a referral under your account. Pretty neat. Try it out and refer some friends to Alluma 😄.

Trade screen design revamp. This is still a work in progress, but I’m happy to show the updated designs of our platform trade screen. Let me know what you think in the comments!

Alluma.io Product — 10th August development update
 
Other notes and releases:

We’ve added the Firefox browser support. Welcome Firefox users!
Alluma stays international focused: We’ve increased the “Full name” field length from 30 to 60 characters.

Android application is going through final QA before beta release.
Other small fixes and adjustments as well. Our team is testing the platform on different devices under different configurations and from different locations.

Finally, I want to add that your feedback is very important for us. We’re reading all of it and it truly helps our team identify new ways to improve our platform and processes. Stay tuned for more updates!

Also be sure to join our Telegram Community to be part of the conversation and stay up to date on important announcements.

Alluma on the web:

Exchange cryptocurrency in affordable price click here: https://hubs.ly/H0dhWjK0

Participate in bounty program: https://hubs.ly/H0d8gms0

Website: https://alluma.io/

Blog: https://blog.alluma.io/

Support: https://support.alluma.io/

27
What is Etherparty?

Etherparty is a user-friendly platform that removes the complexity and enables users with zero knowledge of smart contract programming to create, run, and manage digital agreements for all types of transactions.

FUEL: Smart Contracts on the Blockchain for the Uninitiated

Visit website: https://etherparty.com/

For clarity, a smart contract is a blockchain technology that directly controls and facilitates the execution of various transactions between parties under certain conditions. It contains a set of rules and penalties related to an agreement in the same way that a traditional contract does. A smart contract can also automatically enforce those obligations without the need for a legal system, central authority or external enforcement mechanism. It’s a contract without the lawyers.

Etherparty aims to provide universal access to smart contracts without requiring the subject matter expertise. It provides the speed, cost-reduction, scalability, and security benefits of the technology for both individual users and businesses. In other words, you don’t need to have programming knowledge or even understand the complexities involved in building smart contracts.

For example, currently, you need good knowledge of Solidity (it’s similar to Javascript), the programming language behind Ethereum, to write a smart contract on Ethereum. Even for experienced developers, it is time consuming and costly. Finding good Solidity developers is also a difficult task given the high demand, limited supply environment for blockchain technology. Moreover, building the infrastructure to test your code for bugs is also expensive.

So, if you’re an individual, consumer or enterprise looking to create your own smart contract, you need to go through a robust development process.

Etherparty solves these problems; it eliminates the difficulties of creating, managing and executing smart contracts on any blockchain which may effectively increase the rate of adoption of blockchain technology. With the platform, you can simply utilize pre-configured smart contract templates as per your needs. The template allows you to customize one that suits your purpose and launch directly on the Ethereum Blockchain without ever writing a single line of code.

Who’s Behind Etherparty?

Etherparty has been introduced in 2017 and is a project of Vanbex group, a well-established innovator of blockchain technology. The project is led by a large group of professionals including CEO and Co-Founder Kevin Hobbs, Founder Lisa Cheng, Chief Architect Brian Onn, and Solidity & Full Stack Developer Jeffery Walsh.

The company is based in Vancouver, British Columbia, Canada.

What are the key advantages of Etherparty?

No other tools like Geth, Meteor, or Mist are required to run smart contracts
Smart contract templates are available and ready to execute
Users can easily access simple legal agreements and add terms such as conditionality
All contracts issued by Etherparty are legally binding
Security testing is built into the platform
A marketplace to share smart contract templates with other users
Companies can integrate and upload their own documents and turn them into a smart contract
What does Etherparty do

Who is Etherparty for?

Etherparty is for at least 3 groups:

Consumers: When building consumer or peer-to-peer facing contracts
Small Business: To leverage security-tested and audited smart contract tools and frameworks
Enterprise: To easily integrate existing apps and workflows into any smart contract

What is the FUEL Token?

The Etherparty cryptocurrency is known as FUEL which is the token that powers the Etherparty platform. FUEL is essential to access and conduct tasks such as managing the contract library, security testing, the network fees, and monitoring of all parts of the entire smart contract process.

It is a transferable ERC-20 digital token deployed on the Ethereum network to validate the user’s interactions with Etherparty. Once deployed, it allows users to buy, execute, or barter for other smart contracts on the platform.

FUEL aims to serve as an access for smart contracts on multiple blockchains and integrating them into one unified view within the Etherparty ecosystem.

The total supply of FUEL tokens will be one billion and the smallest unit of FUEL is one wei.

Etherparty Use Cases

The Etherparty platform can support a wide range of use cases such as sports betting, gambling, crowdfunding projects, and creating new tokens. The platform will be creating a tested smart contracts templates library for a variety of industries, including trade, banking and finance, healthcare, insurance, supply chain management, foreign exchange trading, real estate, and more. In adopting the Etherparty platform, users benefit from the automation of contractual agreements which helps cut costs and reducing transactional friction whilst at the same time ensuring data security.

The FUEL Wallet

The Etherparty Wallet is a platform wallet which is designed to store FUEL tokens for use on the Etherparty platform. The tokens to be used on the Etherparty platform first need to be transferred into the Etherparty wallet.

Tokens can be transferred from any ERC-20 compliant wallet such as MyEtherWallet, Trezor, MetaMask, Mist etc. but not directly from exchanges.

Read more click here: https://blog.alluma.io/fuel-smart-contracts-on-the-blockchain-for-the-uninitiated?utm_source=swadesh&utm_medium=social&utm_campaign=Smart%20Contracts
Exchange cryptocurrency in affordable price click here: https://hubs.ly/H0dhWjK0
Participate in bounty program: https://hubs.ly/H0d8gms0


28
Other / Why Alluma Is Investing in Security?
« on: August 16, 2018, 12:27:05 pm »
The recent security breach at one of India’s largest exchanges was a first of its kind for the Indian crypto community and this unfortunate situation raises serious questions about what exchanges in the developing markets are doing to ensure they keep their customer’s funds safe.

We feel it’s paramount to talk to our community about Alluma’s approach to security. Over the past 16 months we’ve been developing our exchange platform with a focus on usability, liquidity, and security. Along with customer support, these sum to what we believe are the keys to a great customer experience.

Usability and liquidity we’ll talk more about in (many) other posts but today let’s dive into the Alluma security architecture:

 

We’ve built our ecosystem with a security-first approach, combining the best bank-grade security policies with the latest security methods. We’ve brought on an industry leading 24/7 cyber security partner and have worked intimately with them to design our overall security protocol and incident reporting procedures.

The result? Alluma’s six-layered security architecture designed to keep our customers’ funds safe:

Best-in-class protection against distributed denial-of-service attacks (DDOS) to prevent any possible service outages
Two-factor authentication (2FA) and multi-signature are used for every critical action
Our core exchange engine hidden in a private network, making it inaccessible to all external parties
Storing funds in cold storage multi-sig wallets stored in biometric vaults to protect against hot wallet attacks (more on this)
Biometrics used to access the server facilities preventing unauthorized physical access
Multi-level hardware security including tier 3 sites, self-hosted, wholly-owned servers
We’ve leveraged this architecture to develop our Corporate Governance protocols and ongoing security processes which include:

Regular rigorous penetration testing (pentest) of the entire platform
Compulsory two-factor authentication (2FA) for any account attempting to deposit or withdraw.
Thorough employee background checks or KYE (Know Your Employee), to ensure continuous wallet management has multi-party oversight.

Adoption of processes that are OWASP developer guide compliant.
Utilization of SSDLC (Secure Software Development Lifecycle) as a component of our risk avoidance strategy.
Ongoing Security Training

With the help of our security partner, Alluma will be providing ongoing security and response training to all staff across every level to ensure security is is part of our culture.


Hot & Cold Wallet Management

The Alluma approach to fund management will combine high levels of security with high levels of transfer speed to ensure a smooth user experience. Our goal is to have 96–99% of all customer funds stored in offline multi-sig cold wallets locked in secure vaults. The remainder of total digital assets will be kept in a combination of multi-sig hot and warm wallets to help facilitate faster, low-cost transactions for users to withdraw their funds.

What does this mean for you (our customers)?

Many exchanges claim to take security seriously; we’re heavily investing into resources to ensure we can back it up. This means that when you trade on Alluma there are safeguards in place to ensure your funds are kept safe & secure.


Read more click here: https://bit.ly/2O6jNeE
Exchange cryptocurrency in affordable price click here: https://hubs.ly/H0dhWjK0
Participate in bounty program: https://bit.ly/2Kn3BTW


29
From making a u-turn on its earlier crypto ban, it seems that Indian government bodies are warming up further to the idea of cryptocurrency and Blockchain technologies. The government of the Telangana, a southern Indian state, has recently announced that it is partnering with a major IT firm to establish a district exclusive to blockchain startups in the state’s capital.

Reported CCN.com:

The Telangana State Information Technology, Electronics and Communication Department (ITE&C) has inked a memorandum of understanding (MoU) with multinational IT services giant Tech Mahindra to establish what is being billed as ‘India’s first Blockchain District’.

Financial news daily The Economic Times also reported:

The Blockchain District will be a center of excellence for Blockchain, an incubator for technology and process development with infrastructure and facilities to foster growth of Indian blockchain start-ups and companies, said a release. Tech Mahindra as a founding member of the Blockchain district will provide platform and technology assistance to all the incubators in the Blockchain District.

Tech Mahindra will also empower accelerators to develop and solve market problems across its global customer ecosystem. Further, the Telangana ITE&C department will provide regulatory and policy support to enable and promote Blockchain growth both in India and globally.

The state’s IT minister KT Rama Rao was quoted as stating:

Telangana government is proud to pioneer the first of its kind Blockchain District in India. With support from Tech Mahindra, we envision to set a global benchmark in providing cutting-edge Blockchain technology solutions and platforms across industries.”

Notably, the state government has pledged to provide both regulatory and policy support for companies and startups in the sector to promote the integration of blockchain technology domestically and beyond.

Said the CEO and MD of Tech Mahindra, C P Gurnani:

The Blockchain District is a global talent hub which can unlock the value of blockchain technology in democratizing data and solving large scale problems. It is also a huge step in reskilling and right skilling the workforce of the Future. Blockchain experts will be our crowning jewels as together we work towards making India the Blockchain capital of the world.

Know more about related topic click here: https://blog.alluma.io/?utm_source=Swadesh&utm_medium=Social&utm_campaign=Blog
Participate in our bounty program click here: https://hubs.ly/H0d8gms0


30
Cryptocurrencies Discussion / India Makes U-Turn on its Crypto Ban
« on: August 13, 2018, 09:04:09 am »
Weeks after the Reserve Bank of India (RBI) issued a circular banning all banks and financial institutions from offering services to cryptocurrency businesses in April, its stance seems to be softening.

During a court hearing of a petition seeking the legalization and regulation of the cryptocurrency industry, the Reserve Bank of India told the Supreme Court that it is necessary to regulate bitcoin.

Reported Financial Express:

Gopal Subramanium, appearing for the petitioners... argued that RBI's circular that mandated banks, e-wallets, and payment gateway providers to withdraw support for cryptocurrency exchanges and other businesses dealing with virtual currencies in India was "baseless". "In today's tech world, transactions are done online and you need banks for that. This issue should concern the government," he argued.

Crypto regulation has “immense policy dimensions”
In response, the RBI, through senior counsel Shyam Divan, told the Supreme Court that cryptocurrency left unregulated will encourage illegal transactions and also impact the international flow of funds. He said:

It has immense policy dimensions.

CCN reported that the hearing was also attended by India’s attorney general KK Venugopal in attendance, “signifying the importance of the petition and case overall”. CCN reported:

The RBI’s softening stance, after years of repeated public warnings [against crypto], coincides with the timing of a final draft of regulations developed by an inter-governmental committee tasked to formulate a policy for the sector in the country.

Rumors are that Indian authorities are looking to classify cryptocurrencies as commodities, a move that would see cryptocurrency trading markets regulated similarly to traditional mainstream financial markets.

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