Connect with us

Publications

Tokenization is the way to achieve Transperency & Data Security in Asset Management – Oleg Kurchenko

Published

on

Shahmeer Khan Hacker Noon profile picture

@shahmeerShahmeer Khan

Tech writer sharing insights in a fun and informative way.

“It is common sense to take a method and try it; if it fails, admit it frankly and try another. But above all, try something.”

This is what most entrepreneurs have in common. They aren’t afraid to fail and like to explore new things. Today’s guest on Mondays with Entrepreneurs, firmly believes that the key to success is implementing new things with enthusiasm.

Who’s the Guest?

👨‍💼Name: Oleg Kurchenko

💪 What they do: Oleg is CEO of Binaryx

💭 Best Advice: The major thing about success is not giving up. It is important to continue to implement new things with enthusiasm despite unfavorable circumstances.

So before starting your week, pause for a coffee break 😉 and enjoy this chit-chat with Oleg.

1. Please tell our readers how you perceive success?

It is important to be passionate about what you do. I enjoy what I do and I have the enthusiasm to keep implementing new ideas. We all know that there is much competition all around the world and even great ideas with fabulous execution might not be good enough if the timing is not good or if the market fit is wrong or because of many other reasons.

The major thing about success is not giving up. It is important to continue to implement new things with enthusiasm despite unfavorable circumstances. And making experiments all the time, in my opinion, is the key to success.

2. How did you come up with the idea of Binaryx? 

By the time I started Binaryx, I already had experience with Paytion, a payment system for crypto. While working on Paytion, I understood that people treat crypto like an alternative store of value like assets, and want to store cryptocurrencies, not pay with crypto for their coffee.

So, I decided to combine the functionality of exchange with some other features or services, which would be useful for entrepreneurs. When I created Binaryx, I have been working on the idea of how to enrich the exchange with some unconventional functionality. It took me a year to develop a concept.

Now I can say that Binaryx will be developing like a digital asset exchange and platform for asset tokenization, all in one. By tokenizing their assets, the users of Binaryx, who own small and medium businesses can attract private investors from all over the globe. 

3. Why do you think asset tokenization can be beneficial for the users of cryptocurrency exchange? 

We are still at the early stages of adoption and most of our users are small and medium and even micro-entrepreneur.

Asset tokenization gives our users the opportunity to grow their businesses by attracting investment very fast.

Very often entrepreneurs use one platform for issuing their tokens and after that, they need to find an exchange to list their tokens. Binaryx gives the opportunity to issue a token and list it within the same ecosystem.

4. What industries do you think are the most complex for asset tokenization and what are the easiest to tokenize? 

Asset tokenization is one of the greatest concepts of the modern world, which is becoming increasingly fractionalized every day.

Nowadays, anyone can have a piece of any liquid asset: from traditional assets such as commodities, venture capital funds, bonds, or real estate to some unconventional assets such as eSports teams,  art, and even celebrities.

It is possible now due to much lower minimum investment requirements than ever before in history. 

5. Cryptocurrencies eliminate the annoyances of traditional payment methods. And how does tokenization impact the future of asset management?

Of course, tokenization impacts asset management in a dramatic way. It provides accessibility to greater liquidity and some advantages that go far beyond liquidity. For instance, it gives transparency, as transactions are visible on the distributed ledger, at the same time, it gives data security, as they cannot be traced back to the investor by an unauthorized party. 

6. What are the major obstacles to the tokenization of assets? What are the reasons for that and how are you going to avoid them? 

The major obstacle is the absence of standards that can define the foundations for the tokenized economy. Once the frameworks are defined from the legal definition of digital assets to the way they are created and managed, tokenization will push the economy to grow exponentially to new heights. At Binaryx we are working with the lawyers to ensure our own compliant way to ensure accessibility to greater liquidity and trust within our ecosystem.

7. What does the future hold for numerous digital assets?

Attracting funds using tokenization is very much like crowdfunding investments. It is more affordable and faster than other modern ways of attracting investments. It provides benefits for all participants: a wider range of investment opportunities for small investors, and new sources of financing for small and medium-sized enterprises. That is why it will stay with us for years to come.

8. Do you believe there is some sort of pattern or formula to becoming a successful entrepreneur?

I don’t follow any patterns, I am flexible to experiment and implement different things, which might improve business. 

9. And the last question Since the series is named “Mondays with Entrepreneurs”, Can you tell our readers, What are your Monday Morning rituals?

My morning routine is to make my bed. It is a tiny action but gives a sense of accomplishment and leads to greater productivity during the day. 

In addition, every Monday morning I have a strategic session with key company directors to share thoughts about how we can be better as a team and as a company during the week.

Shahmeer: Alright, Oleg! Thanks for your time and best of luck. I am sure readers will enjoy and learn.

Thanks, Hackers for reading 🙂 If you have any suggestions regarding questions to ask in this series or if you want to get featured, I am available on slack and you can also reach out to me on Linkedin 😉

Tags

Join Hacker Noon

Create your free account to unlock your custom reading experience.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://hackernoon.com/tokenization-is-the-way-to-achieve-transperency-and-data-security-in-asset-management-oleg-kurchenko-201q35ty?source=rss

CNBC

‘Assassin’s Creed Valhalla’ DLC will let you lay siege to Paris this summer

Published

on

When Assassin’s Creed Valhalla new expansion comes out this summer, it will allow players to relieve the Siege of Paris, Ubisoft announced at its Forward E3 event on Saturday. Historically, the 845 CE event culminated with the Vikings occupying the city and doing what they did best, plundering it for all it was worth. 

How the event will unfold in Valhalla, we’ll see, but Ubisoft promised the DLC will include new weapons, gear and abilities for players to discover. Additionally, The Siege of Paris will see the return of a fan favorite feature: black box infiltration missions. Leaning into the franchise’s sandbox roots, these will give you an objective to complete, but how you go about accomplishing it will be up to you.   

Come this fall, Ubisoft will also release a new Discovery Tour for Assassin’s Creed Valhalla. The company said the educational software will be free for all Valhalla owners. The AC team redesigned the experience to allow you to play as people from the era so that you can get an idea of what life was like in the Early Middle Ages. For the first time, Ubisoft also plans to support an AC game beyond its first year of availability. The company said it’s working on more expansions it plans to release next year.   

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.engadget.com/assassins-creed-valhalla-siege-of-paris-dlc-200711445.html?src=rss_b2c

Continue Reading

CNBC

Rocksmith+ is an Ubisoft subscription service for learning guitar and bass

Published

on

Ubisoft is reviving its Rocksmith franchise with Rocksmith+, a subscription service that aims to help you learn guitar and bass. You can connect your instrument to your PC, console or mobile device and practice by playing along with master recordings of a wide variety of songs. 

Rocksmith+ works with acoustic instruments and amps as well, since you can use your phone’s microphone to pick up what you’re playing. So, you won’t need any extra gear to use it. 

You’ll get real-time feedback as you’re playing, and songs will have adaptive difficulty. You’ll be able to control playback speed, so you can slow tracks down and really get to grips with them.

Ubisoft says Rocksmith+ will have a “huge amount of songs at launch” from a variety of genres, not just rock and metal. Pop, hip hop, country, Latin and R&B tunes will be present too, as will tracks from Ubisoft games by the looks of things. 

Every song will have chord charts for rhythm players. There will be note-by-note “authentic arrangements,” if you want to learn those parts as well. You’ll be able to create your own arrangements for licensed songs through the Rocksmith Workshop.

Ubisoft didn’t reveal a release date or pricing. However, you can sign up now for a closed beta on PC.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.engadget.com/rocksmith-plus-ubisoft-forward-194252897.html?src=rss_b2c

Continue Reading

CNBC

‘Rainbow 6: Extraction’ brings alien co-op shooting on September 16th

Published

on

As promised, Ubisoft showed off Rainbow 6: Extraction, a fresh spin on its consistently popular first-person shooter. Extraction takes the R6: Siege formula into a new co-op direction. You and up two other friends will take on missions where you have infiltrate facilities that have been taken by a alien species known as the Archaeans. Similar to Valve’s Left 4 Dead, you’ll encounter different classes of enemies that have unique abilities that will force you and your teammates to adjust your strategy. 

You’ll want to approach most encounters stealthily in part because if you lose one of your teammates, the operator they played will be unavailable until you rescue them. When Extraction comes out on September 16th, it will include support for crossplay. You’ll be able to play the game on PlayStation 4, PS5, Xbox One, Xbox Series S/X, Stadia and PC.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.engadget.com/rainbow-6-extraction-193855589.html?src=rss_b2c

Continue Reading

CNBC

Google will update Chrome OS just as quickly as its web browser

Published

on

Google isn’t just reserving speedy updates for its Chrome browser. Google is moving Chrome OS to the same four-week update schedule, starting with the M96 release in the fourth quarter of 2021. You’ll only have to wait about a month to get bug fixes and security patches for your Chromebook.

The company will skip the M95 release to bring Chrome OS and the Chrome browser in sync. You’ll also see a slower, six-month update schedule for schools and enterprise customers that should arrive by the time M96 is ready.

The move is meant to accelerate feature releases while focusing on the “key pillars” of Chrome OS, including stability, security, simplicity and speed. To some extent, it’s an acknowledgment that Chrome OS updates have become more iterative as the platform matured — the focus is now on small-but-fast tweaks rather than giant changes. Slower updates are now meant for classrooms and others more interested in solid code than the latest interface.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.engadget.com/google-speeds-up-chrome-os-updates-192522464.html?src=rss_b2c

Continue Reading
Esports3 days ago

Genshin Impact Echoing Conch Locations Guide

Esports5 days ago

All 17 character locations in Collections in Fortnite Chapter 2, season 7

Esports4 days ago

Here are all the milestones in Fortnite Chapter 2, season 7

AI5 days ago

How to Become a 21st Century Engineer?

Blockchain5 days ago

BPI No Longer Allows Crypto Transactions

AR/VR5 days ago

‘Warhammer Age of Sigmar: Tempestfall’ Gets First Look at Gameplay, Invite-only Beta

Blockchain4 days ago

Doge meme Shiba Inu dog to be auctioned off as NFT

Esports4 days ago

What Time Does Minecraft 1.17 Release?

Esports4 days ago

How to Fly UFOs in Fortnite

Esports3 days ago

MLB The Show 21 Kitchen Sink 2 Pack: Base Round Revealed

Blockchain4 days ago

World Economic Forum Releases a DeFi Policy Toolkit for Fair and Executable Regulations

Esports5 days ago

How to unlock the Superman Skin in Fortnite Chapter 2, season 7

Blockchain5 days ago

Donald Trump on Bitcoin: “Essentially It’s a Currency Competing Against the Dollar”

zephyrnet3 days ago

7th Global Blockchain Congress by Agora Group & TDeFi on June 21st and 22nd, 2021, Dubai.

Esports5 days ago

How to get Rick from Rick and Morty in Fortnite Chapter 2, season 7

Aviation3 days ago

The Story Of The Boeing 777 Family

Gaming4 days ago

MUCK: How To Get The Best Weapon | Wyvern Dagger Guide

Blockchain3 days ago

Woonkly will be the official Title Sponsor of the 7th edition Global Blockchain Congress organized by Agora Group in Dubai

Crowdfunding5 days ago

US Government Claws Back Crypto from Ransomware Scam as Feds Flex Growing Tech Muscle

Blockchain3 days ago

Death Cross is Appearing Over Bitcoin Price Chart

Trending