Nxt is Official Cryptocurrency Partner of PayExpo – Largest Payments Conference in UK

Nxt logoBitcoin Press Release: For the first time high profile UK payments conference PayExpo has included an official cryptocurrency partner: next generation blockchain platform NXT. This represents growing awareness of the potential for NXT to revolutionize the payments industry with proven blockchain technologies like decentralized ledgers, smart contracts and assets.

Second-generation cryptocurrency platform Nxt will be the official cryptocurrency partner for PayExpo, the UK’s largest payments technology event to be held this year on the 9th and 10th of June 2015.

After a well-received appearance from Nxt in 2014, this year sees a more prominent role for the platform as representatives from the community attend to advocate the features and advantages of this disruptive suite of new technologies to leading global payments providers. It is the first time that PayExpo has included a cryptocurrency partner, reflecting growing recognition within the industry of the importance of next generation digital currency technology.

Two well-known members of the Nxt community will be speaking. Sergey Nazarov, CEO of SmartContract.com and Secure Asset Exchange, will deliver a seminar on ‘Programmable Money through Cryptocurrency: the future of fraud-proof digital payments’. And Lee Gibson Grant, CEO of Coinstructors, will address the conference on the potential held by a blockchain solution to Greece’s debt crisis. Built on the versatile and time-tested infrastructure offered by Nxt, Drachmae would be a transparent, auditable second currency for Greece, created by monetising the country’s valuable but illiquid state assets – enabling the seemingly impossible ends of paying its public sector bills, reducing corruption and achieving popular approval by the Greek people.

For more information about NXT and PayExpo contact Dave Pearce at dave@nxtfoundation.org or visit www.NxtInside.org.

NXT Inside Screenshot

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only and should not be taken as investment advice.

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DTS Corp Launches Bitcoin, Litecoin and Ripple Algorithmic Trading Platform ‘Iceberg Trade’ Beta



Bitcoin Press Release: New York based Digital Trading Solutions, Inc. (dtscorp.trade) offers automated execution of large Bitcoin (BTC), Litecoin (LTC) and Ripple (XRP) orders on the newly launched Iceberg algorithmic trading platform.

New York, USA. Digital Trading Solutions, Inc. (DTS Corp), a New York based financial technology company focused on cutting-edge cryptocurrency solutions, is pleased to announce a public beta release of Iceberg Trade. The platform supports algorithmic trading and automation of large digital currency order execution including Bitcoin, Litecoin and Ripple.

Nikolai Potylitsine, CEO of Digital Trading Solutions, notes:

“Our trading tools are designed to automate large order execution and provide seamless trading experience for cryptocurrency market participants. The goal is to achieve the best execution price for a client by minimizing market impact and providing smart connectivity to multiple trading venues and liquidity pools”

The beta version of Iceberg offers automated execution on Coinbase Exchange, OKCoin Intl., Bitstamp and Ripple trading platforms. Connectivity to other major cryptocurrency trading venues and smart order routing will be provided in the near future. Clients can submit orders to buy or sell Bitcoins (BTC), Litecoins (LTC) or Ripples (XRP) directly from the Iceberg Trade (https://exec.trade/iceberg) website.

DTS Corp is also planning to offer money management services and consolidated trading accounts to Iceberg clients who seek to avoid the inconvenience of opening a separate wallet on each trading venue.

Iceberg is already used in production by SnapSwap (https://snapswap.us) and several other beta clients for large order execution. DTS transaction cost analysis clearly showed that the Iceberg Trade platform improved execution performance by 5-7% for large trades in comparison with manual execution.

Digital currency traders and institutions interested in more information about Iceberg Trade are encouraged to contact Digital Trading Solutions, Inc. at: info@dtscorp.trade or by subscribing for updates via DTS Corp website: (www.dtscorp.trade).

About Digital Trading Solutions:

Digital Trading Solutions, Inc. (dtscorp.trade) is a financial technology company that offers automated execution of large orders and trading strategies for cryptocurrencies on multiple trading platforms. DTS Corp is backed by Cross Coin Ventures (www.crosscoinventures.com). Media inquiries should be sent by email to: info@dtscorp.trade

Media contact: Nikolai Potylitsine, nikolai@dtscorp.trade



This press release has been prepared for informational purposes only, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any cryptocurrencies, security, product, service or investment in any jurisdiction. Digital Trading Solutions, Inc. does not hold client funds or assets, nor offers any investment advice to clients. Independent advice should be sought where appropriate. Any information and/or opinion expressed at any time by Digital Trading Solutions, Inc. is current as of publication and is subject to change without notice. Past performance does not guarantee future results and you should not rely on any past performance as a guarantee of future performance.

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Cubits and Wikando Bring Bitcoin to Charities Worldwide

Cubits Logo

Leading Bitcoin service provider Cubits have announced their partnership with non-profit fundraising service Wikando to bring Bitcoin acceptance to some of the world’s biggest charities. Wikando pioneered the concept of fundraising-as-a-service in 2008 and has attracted big names such as Oxfam, Amnesty International, The Salvation Army and Doctors Without Borders. In partnering with Cubits, international charities now have the option to easily accept Bitcoin donations – at zero cost. This major collaboration has taken 8 months to co-ordinate and will hopefully take Bitcoin further along the journey to mainstream adoption.

Cubits is one of the fastest growing Bitcoin marketplaces in Europe. Their partnership with Wikando has created the first opportunity for mass on-boarding of Bitcoin into the not-for-profit sector. Whilst charities have shown interest in adopting Bitcoin before now, this has been on a case-by-case basis initiated by early adopters.

“We are always looking for ways to expedite the donation process, whether it’s making it faster, cheaper, more secure, or more readily accessible to anyone, anywhere. Accepting Bitcoin was the obvious choice, and Cubits helped us make this choice a reality.” Peter Kral, Chief Technology Officer, Wikando

Wikando’s service functions as online software that can be accessed via any web browser. Collaborating with Cubits has enabled them to easily offer Bitcoin to charities and with 0% transaction fees. Non-profit organizations can now process donations without having to worry about installing hardware, downloading software, implementing encryption, or maintaining servers, thereby freeing up their energy and resources to focus on helping their causes.

“We’re extremely proud to be a part of Wikando’s fundraising-as-a-service platform, because for us, Bitcoin isn’t only about doing business well, but doing the world good.” Tim Rehder, CEO, Cubits

Non-profit donations continue to be one of the biggest uses of Bitcoin.

The nature of Bitcoin makes it an ideal choice for philanthropists given the speed and low-cost of transactions, its security features and borderless nature. In some ways Bitcoin embodies the essence of charitable giving, it lets people support causes no matter where they live and under what political circumstance. Looking forward to the future, it’s becoming increasingly clear that Bitcoin will also play a significant role in working towards a better world.

To learn more about Cubits please go to: http://cubits.com

Media Contact:

Name: Tim Rehder, Cubits Co-founder & CEO

Email: tim.rehder@cubits.com

Cubits Screenshot

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SuperNET Sponsors Drachmae “Blockchain Solution For Greece” Project

Blockchain Greece

  • SuperNET, a mega network of cryptocurrencies that offers innovation in the digital currency sector, has announced its Platinum Sponsorship of the unprecedented Drachmae project.
  • Drachmae undergoing research in Greece to see if the technology has a viable opportunity as a parallel digital currency to the Euro.
  • Groundbreaking Crypto777 technology will enable private chains for Drachmae users.

SuperNET was founded almost 9 months ago, and in that time has built up the largest collaborative network of digital currency developers and enthusiasts in the world: with over 700 members. Drachmae, its newest entrant offers an unprecedented project to outline a “Blockchain Solution For Greece”. Drachmae’s founder, Lee Grant of Coinstructors, is currently in Greece on an exploratory trip for a small test case to present Drachmae as an innovative solution to obtain live test results to confirm in the different case scenarios if the Blockchain can be used and how. Lee has also been invited to Singapore, to present and discuss Drachmae to the Asian banking sector in a round table meeting in July.

Drachmae is a centralised hybrid banking platform that harnesses the security and transparency of blockchain technology. As a complex blockchain project, Drachmae requires infrastructure that supports multiple blockchains. As well as supplying a pool of digital currency developers and professionals, SuperNET also provides the multi-blockchain technology that will contribute to Drachmae’s success. SuperNET’s 700 + members also bring to the Drachmae think tank immense technical expertise.

SuperNET’s Sponsorship enables Drachmae to be presented on the 4th of July in London at a private and closed door event to the Fintech world. Drachmae will also be presented on the 9th of June at the Crypto Workshop at www.payexpo.com, alongside blockchain development platform NXT, which is the Crypto Sponsor at Payexpo.

Another recent SuperNET project is the Crypto777 NXT Asset which is listed on www.secureae.com. Crypto777 will play a key role in Drachmae, as it reduces the size of the main chains and enables private chains for specific sectors

Drachmae will now participate in SuperNET’s mega network alongside a number of leading digital currencies, where it will be able to share features and services for the mutual benefit of all participants. With SuperNET’s integrated blockchain services and huge pool of cryptocurrency talent, Drachmae is now positioned to evolve from being an idea, to a reality. SuperNET only admits unique and groundbreaking projects that will mutually benefit all other participants.

Lee Gibson-Grant, founder of Coinstructors said:

SuperNET’s sponsorship of Drachmae project enables Coinstructors presence with the NXT Team at this year’s Payexpo, and adds to the credibility of Drachmae as a viable option to solve real time issues with blockchain technology. We’re very excited by Drachmae’s potential to demonstrate the way governments and their citizens can take advantage of the unprecedented opportunities provided by blockchain technologies.

To learn more about SuperNET please go to: http://www.supernet.org/

To learn more about Drachmae please go to: http://www.drachmae.org/

Media Contact:

Name: John McLeod

Email: press@drachmae.org

Ph: +442074047477

Drachmae Screenshot

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Bitstarz Casino Announces Partnership With iGaming Software Provider FENgaming

bitstarz logo

Bitcoin Press Release: Bitstarz.com reaches new heights with FENgaming partnership, enabling the casino to add popular NetEnt games. Bitstarz.com already offers over 550 games and super-fast cash outs and zero transaction fees.

Bitstarz.com is pleased to announce a partnership with iGaming software provider FENgaming. The new partnership enables BitStarz to add popular NetEnt games to their portfolio. Bitstarz is already an established name in the online gaming industry that provides top casino games through their multi-currency wallet. Bitstarz.com also offers massive jackpots with the biggest pay outs in the history of online casino. For instance The Mega Fortune jackpot was won when it had more than a staggering €17,800.000 up for grabs, breaking a Guinness World Record.

With the new games added, the online casino operator now has more than 650 games for desktop and mobile devices available to its customers. All high quality games are being offered by top providers such as Quickfire, Amatic, Ezugi, Betsoft, and now also adding NetEnt, featuring some top favorites like Gonzo’s Quest, Starburst, Blood Suckers and Jack Hammer.

FENgaming is an iGaming software provider with over 10 years of experience in the industry. FENgaming works with many leading gaming operators in the industry, offering a comprehensive gaming platform, licensed in a number of jurisdictions worldwide and adapted for major third-party games and products.

Gambling giant NetEnt has been providing premium gaming solutions to the world’s most successful online casino operators since its creation in 1996.

Sasha Jade, Marketing Manager of Bitstarz Casino said,

“NetEnt games add more depth to our game selection and this puts us in a privileged position to introduce our brand to markets that are already used to playing these titles”

Boasting state-of-the-art support and multi-currency availability, this addition represents Bitstarz’s commitment to bringing the best of online gaming to players around the world.

Sasha Jade continues,

“This addition will enable us to compete head to head with established brands, especially in Scandinavia, where NetEnt games are very strong and in demand by players”.

With their new FENgaming partnership Bitstarz continues to improve the product selection and offerings for their customers, whilst also building a bigger competitive edge over other operators. Spectators and gambling enthusiasts worldwide can expect many more exciting announcements in the near future.

For more information please visit: www.bitstarz.com

Media contact:

Name: Sasha Jade, Marketing Manager

Email: sasha.jade@bitstarz.com

BitStarz Screenshot

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Vegascasino.io Launches Into The Bitcoin Casino And Online Gaming Markets

Vegascasino logo

Bitcoin Press Release: Just launched Bitcoin Casino Vegascasino.io offers bettors and players an industry leading online betting and online gambling experience that is second to none.

Vegascasino.io is a new player in the Bitcoin gambling market, but boasts an experienced team of professionals behind the platform. The team comes from a fiat currency gambling background running casinos, sportsbooks and poker for over a decade:

It is a new and an exciting venture for us. Bitcoin popularity is growing every day and we want to make sure the industry has more trusted providers. We do our utmost to treat each customer individually and offer them the best service. To make sure all of their needs are met with the highest standards.“ Says Vegascasino’s PR manager.

Vegascasino.io went on to say that a sportsbook is planned in near-future to make sure users have a variety of services to choose from. The Bitcoin casino has launched using the well-known Coingaming platform for Bitcoin gambling operators.

Compared to many other Bitcoin casinos Vegascasino.io’s quantity, and quality, of games is very high. With such game providers like Betsoft, Play’n’Go, Takisto, Ezugi, Betgames, Gameart and Endorphina they are instantly one of the biggest Bitcoin casinos by game selection.

Customers Bitcoin casino experience does not get any easier or faster than it does with Vegascasino.io. Users can make Bitcoin deposits and withdrawals within seconds, inside the games and from the cashier.

Vegascasino.io’s Bitcoin casino games are thoroughly tested by Gaming Labs to ensure fair and competitive payout ratios to provide the maximum casino entertainment.

For more information please go to: http://vegascasino.io

Media Contact:

E-mail: media@vegascasino.io

Address: Vegas Royal S.A., Obelisk Plaza 1 km west the Forum on Route 27. Santa Ana, San Jose Costa Rica.

Please download the media package from here: https://www.wetransfer.com/downloads/e28c1ee01b788f087f5f736b27f0bd1c20150527125414/aa27e9

Vegascasino Screenshot


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Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

Bitcoin Alternative DNotes Launches World’s First Digital Currency Employee Incentive Benefits Plan

DNotes Vault Logo

Bitcoin Press Release: DNotes is pleased to announce the launch of the world’s first Digital Currency Employee Incentive Benefits Plan – the latest in a family of unprecedented digital currency financial instruments from the DNotes team.

Chicago, Illinois. [May 25, 2015] – DNotes announces the release of their Employee Incentive Benefits Plan, the latest addition to their family of CRISPs (Cryptocurrency Investment Savings Plans) that already provides an investment vehicle for Children, Students, and Retirement funds. The Employee Incentive Benefits Plan combines knowledge of the employer/employee relationship with macro-economic foresight to maximize its users’ long-term potential benefit.

Employee benefits play an important role in the lives of employees as well as their families. Benefits offered by an employer can be a deciding factor for a potential employee’s job decision. The cost of doing business is ever increasing, and with it, employee savings requirements. The traditional idea that pension plans will take care of an employee’s financial needs upon retirement is quickly becoming obsolete. The relationship between employers and employees needs urgent re-examination, and a new mindset of partnership for mutual benefit and survival is necessary.

“Employees are struggling to secure their financial future. This means high stress, increased anxiety, lower productivity, and diminishing loyalty that breeds high staff turnover. High interest credit cards are being used to supplement cash flow. Furthermore, these fraud-prone cards have high transaction costs and shockingly high chargebacks that are paid for by the merchant, anywhere up to 8%, thus impeding business, jobs, and wage growth. I see Digital Currency adoption as a solution to high transaction costs for merchants, and inflated prices for essential consumer goods,” said DNotes Co-founder Alan Yong.

Self-Employment Trending Down

Yong, a pioneer from the early days of mobile computing, pointed out that while small businesses continue to be the main incubator of job creation in the US economy, the U.S Bureau of Labor Statistics data showed that entrepreneurship is in steady decline, with both incorporated and unincorporated self-employment dropping nearly ten percent since 2004. Small business numbers have not recovered in line with economic growth since the 2008 Global Financial Crisis. Yong attributes this in part to small business owners having difficulty meeting costly payroll, healthcare obligations, mounting regulations, and funding their own retirement accounts.

Why is CRISP for Employee Incentive Benefits Plan the Solution? And What are DNotes?

CRISP for Employee Incentive Benefits will facilitate the distribution of digital currency called DNotes – a cryptographically secure digital currency which is the most reliably appreciating and stable currency in its class. DNotes has increased against the US dollar more than 30 fold since its inception in February 2014 and centers its business strategy on creating a stable trustworthy digital currency from the ground up for everyone, whether they are rich or poor. DNotes promotes trust and integrity for the long-term mutual benefit of all as it continues to work towards further capital appreciation. As DNotes positions itself to be the predominant digital currency used for global payments, with instantly cleared payments at near zero transaction costs, multiple strategic plans are systematically executed to ensure that DNotes becomes the foremost digital currency to supplement fiat currency worldwide.

How Will the Program Work?

Director of CRISP for Employee Incentive Benefits, Marc Fortenberry, said that employers will register for the program by completing a simple online form at https://dnotesvault.com/crisp-for-employees.php. Each employer will have a main dashboard which will include a company specific link for their employees to sign up. The employer dashboard will also have a table that shows employee details to facilitate instant balance transfers into their accounts. The employer will then be able to send DNotes to reward their staff as they see fit. Every approved employer registration will receive 1,000 DNotes to get them started.

Employees need to have a DNotesVault account, and sign up with the link given to their employer, which requires only the employee’s e-mail used to register at DNotesVault. When submitted, a new address is created in the employee’s DNotesVault account that is identified with their company name.

About Alan Yong:

DNotes Co-Founder Alan Yong is a well regarded visionary since the early days of personal computers. He founded Dauphin Technology in 1989 and is best known for creating the Dauphin DTR, the most powerful window-based miniature computer that competed head on with Apple’s Newton computer that became the Apple Iphone as we know it today. In 2007, Yong co-founded Smokeys Daylily Gardens, one of the largest daylily growers in the world. Smokeys Daylily Gardens is the first merchant to accept DNotes as payment for daylily purchases. Alan recently shared his thoughts on the disruptive potential of Bitcoin, blockchain technology and DNotes in an interview.

Yong agrees with other industry’s visionaries that digital currency and the Blockchain technology will be the greatest technology revolution since the Internet. However, he passionately believes that to gain mass acceptance, the currency must be built from ground up for everyone with trust and integrity. There must be strong leadership and sufficient self-interest from its community to promote and protect the currency’s stability for the long-term mutual benefits of all participants.

For more information about us, please visit: https://dnotesvault.com/crisp-for-employees.php

To trade Bitcoin with DNotes please go to: http://poloniex.com/exchange#btc_note

Follow DNotes on twitter: http://twitter.com/dnotescoin

Media contact:

Name: Alan Yong

Email: Contact@DNotescoin.com

DNotes CRISP For Employees Screenshot

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only and should not be taken as investment advice.

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Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

A Look Into The Future Of An Anonymous Economy

Shadow Logo

Privacy is a universal right, therefore our transactions and monetary habits should be safeguarded by the financial infrastructure we use on a daily basis. Currently, this is not the case—even with existing digital currencies such as Bitcoin. Payments in Bitcoin are published in an open ledger, the ‘blockchain’. Every Bitcoin transaction includes information such as the sending and receiving addresses, amount being sent, sender’s IP address, block hash, etc. This information makes it easy to see the total holdings and transactions of one another, destroying the confidentiality and security Bitcoin is supposed to provide.

Shadow, which has been in development for over six months, has built upon Bitcoin’s principles of trustless decentralization and double-spend prevention to create the first truly anonymous, decentralized digital currency. Shadow’s ecash system called ShadowCash uses dual-key stealth addresses, traceable ring signatures, and non-interactive zero-knowledge proofs to provide untraceable and unlinkable transactions. The Shadow team likes to compare Bitcoin to traceable payment methods such as checks and credit cards, in contrast to Shadow, which is more akin to untraceable cash.

In addition to anonymous payments, Shadow also offers a decentralized, encrypted messaging protocol—ShadowChat. No central servers means messages in ShadowChat stay private, and are immune to censorship. Other forms of communication such as email, Skype and SMS are notoriously lacking in privacy.

The next component of the Shadow economy, ShadowMarket, is an anonymous, decentralized marketplace. Combined with ShadowChat’s encrypted messaging, ShadowMarket will enable anyone to trade goods and services with anyone else anonymously, and without any external interference.

Recently, the Shadow team set up a Thunderclap campaign to boost awareness of their project. Users were encouraged to pledge their support to the project by sharing campaign’s #FightForPrivacy message on Facebook, Twitter, and Tumblr. The campaign exceeded its target and reached over one million people worldwide.

There are several resources to educate the public on the benefits of the Shadow platform. There’s a community website at aboutshadow.com, a wiki at shadowcash.info, a forum at shadowtalk.org, a subreddit at reddit.com/r/ShadowCash, a very active Slack group at shadowproject.herokuapp.com, and an IRC #shadowcash channel at freenode.net.

The Shadow project’s mission is very clear: Establish an anonymous economy with multiple features that give people all the financial freedom and privacy they should have. This will be accomplished by building an anonymous chat, commerce, and currency platform that defends our privacy through cryptography. Shadow’s anonymous cryptocurrency and messenger functions are operational and can already be downloaded on Android, iOS, Windows, OSX and Linux systems. ShadowMarket is scheduled to launch in the second quarter of 2015.

*For press and media inquiries please contact: press@aboutshadow.com

Shadow Screenshot


Shadow is the source of this content. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections.

Online Bitcoin Conference “Blockchain Solution For Greece” Launches May 20th


Bitcoin Press Release:
London based digital currency consultancy Coinstructors is pleased to announce their latest project “A Blockchain Solution For Greece”; with an online conference open for registrations being held on the 20th May.

1One Thing Challenge alongside Brian Kelly “Fast Money Commentator” will be moderating a special panel of guests and was already featured on CNBC A Bitcoin-like solution for greece. The online seminar will be available globally on the 20th of May 2015 at www.drachmae.money. Pre-Register today to not miss out on exciting panel discussion followed up by different Blockchain Solutions being presented.

Bitcoin and digital currency companies and projects worldwide are invited to exhibit at the highly anticipated online Blockchain Solution For Greece Seminar Drachmae. Interested parties can use BTCBUZZ10 in their contact information to receive a 10% discount off their virtual booth.

2Coinstructors’ latest partnership in the digital currency space is with BitcoinPRBuzz to provide PR and media consultancy to blockchain based projects and startups worldwide. Other intiatives include the Expolike Joint partnership for Finance, and digital currency events such as Crypto Money Expo and Mind The Gap Expo

Coinstructors is also in the process of consulting Jetcoin on technology solutions for implementation of the Jetcoin system, and potential partnerships between jetcoin and other sports clubs.

Hackcoin Events are being hosted in Hong Kong on the 23rd of May and it is not too late to join: visit www.hackco.in to register.

The first event will be hosted at the UBS Bank, Crypto 2.0 Lab at level 39, Canary wharf, London on the 20th of June, where 20 hackers will be working on Smart Contracts for Hack DAY. Hackers can register at www.hackco.in/london. The London Hackcoin will be broadcast over the web live via www.mindthegapexpo.com where anyone can see live interviews with hack attendees and visit exhibitors online.

Exhibitors for Drachmae, Mindthegapexpo and the the live Hackcoin broadcast are welcome to use BTCBUZZ10 in their contact information to receive a 10% discount off their exhibit.

Coinstructors has also recently launched its Jobs board where anyone can post their CV’s and Job offers alongside project listings www.jobs.coinstructors.com

Some of the most significant innovations coming into play are within the Unbanked sector and Hybrid banking systems. 44Phones has joined Coinstructors to enable POC Blockchain based services for the Unbanked of Lower economies “Blockchain based system similar to M-Pesa”

To learn more please go to: Coinstructors.com

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Interview – Alan Yong of DNotes

DNotes Int2Image source: The Man With The Cap. This interview has been republished according to the Creative Commons Writers License, and is the work of Jay-R Gatdula of The Man With The Cap

Unlike compensation scams, DNotes is money – digital money that can be saved, transferred, retrieved and spent at a later date. We had the chance to get in touch with Alan Yong, founder of DNotes, as he shares his expertise on digital currencies. Here is the summary of our talk below:

Hi, Alan. Mounting a cryptocurrency is difficult. What can you say are the challenges you’ve encountered and overcome in launching DNotes?

Starting a new business can often appear to be deceptively easy, especially in the case of cryptocurrency over the last couple of years. Bitcoin, being open source software, drastically reduced the barrier to entry, both in terms of time and cost. In most cases, a new Bitcoin alternative currency was created and launched in a week at less than the cost of a typical weekend family vacation. Being too easy to launch a new coin has turned out to be a very painful and costly adventure for the industry, resulting in business failures and lost of investment never seen in any other industries. It is looking like 90% of them will fail within three years as opposed to a more normal 35%.

Being a career entrepreneur who has experienced both success and failure in business, we spent over two months in research and strategic planning. In a new technology driven industry as massive and complex as Bitcoin, the first thing I recognized was that the first mover advantage Bitcoin had could actually be exploited by the second mover, if it could position itself correctly with multiple winning strategies.

Joining an industry rampant with hostile and destructive conducts, with low regards for trust, integrity and respect was among our biggest challenges. The challenge was to quickly develop a new culture of trust, integrity with mutual respect and cooperation for the mutual benefits of everyone and make it sustainable. It was done under strong leadership with clear and consistent messaging defining DNotes’ mission and the unique path it must take to distinctly differentiate itself from the others. This is a case of branding at its best. This is a case of using “TRUST” to overwhelm the competitors who have been misguided and over promoted Bitcoin as a “trustless” system.

What fueled your interest in bitcoin? Kindly give us a glimpse of your journey to get here.

Having been a pioneer and well regarded visionary in the early days of mobile computers, Dauphin DTR handheld computer, a direct competitor of the Apple Newton, I always have a keen interest to imagine how computing power could help alleviate some global problems if made available to billions of people worldwide. With great advances made in wireless communication we are already hyperconnected with super computing power at our finger tips anytime anywhere. When I finally decided to do some serious research on Bitcoin in the later part of 2013, I could not stop thinking that we finally have all the needed parts to help alleviate some significant global problems that had not been possible before.

It is estimated that by the year 2020 over 5 billion smart phones will be in use and there are 2.5 billion people worldwide today commonly referred to as the unbanked for not having a bank account or serviced by a bank. I am absolutely convinced that a stable digital currency with reliable long term appreciation in partnership with international charity organizations and the United Nations will soon have a viable option within our reach in a year or two. With two simple cell phones, or computers with an internet connection one can be setup to send and receive funds, thereby solving the unbanked problems. This alone has been my inspiration to work long and hard to position DNotes as a large scale global digital currency that can take full advantage all the superior feature of digital currency and Blockchain technology.

DNotes Int


That’s insightful. What can you say is the edge of your business over your competitors? Can you give advantages of operating it?

DNotes is managed as a business but not controlled as a business, since it is not owned as an entity by a single individual or a group of individuals. It is owned, at will, by all of its stakeholders, making this a uniquely new challenge that has not confronted management professionals before. Any stakeholder can change ownership position anytime without notice. A strong community can be abandoned overnight and a strong leader can quit with little prior warning. We took all these challenges into consideration at the planning stage. Like all other crypto currencies, we recognize that it is important to have a strong community. We spent time studying other communities and found consistent patterns of destructive behaviors and common practices of announcing product launches prematurely often causing ferocious volatility to the price of their coins.

Like others, we believe in building a strong community. Beyond that, we are different in substance and in style. Central to our success is the commitment of never ending leadership with funding from a number of larger stakeholders. It is not dependent on open donation where proposed projects are announced in order to be funded. This allows us to fly under the radar until the projects are ready for launch. By not pricing in unknown projects in the works, it helps to keep the price of DNotes undervalued, an important contribution to its price stability, giving DNotes significant credibility. Strong leadership, along with clear and consistent messaging, help to cultivate a highly engaged and productive community working almost seamless to achieve long term goals that will be mutually beneficial to everyone.

What do you think hinders bitcoin from maintream adoption? What’s missing for it become a reliable and prominent form of payment?

Bitcoin has multiple structural problems as a reliable form of payment with no viable practical solutions. By design it a rather pure decentralized system which governs itself and corrects itself though at time it could be chaotic. While contrary to the philosophy of decentralization, in theory, if it can pool sufficient support from well financed interested parties, it can minimize the price volatility. With great leadership, support and respect from the industry coupled with more positive media support it can improve its chances to go mainstream.

High volatilities leading to immediate conversation into fiat currency at the time of the transaction coupled with other cost in hedging against currency loss totally defeats the low transaction cost. Essentially, unless the price volatility of Bitcoin does not present a currency loss risk most merchants will remain hesitant to adopt it as a form of payment. Fiat currency is used by everyone, irrespective of technical knowledge or skill-sets. A lack of multiple strategies to go far beyond the boundaries of its industry and the financial world is also preventing Bitcoin from going mainstream. Sensational negative headlines from the mainstream media have certainly not been helpful.

Finally, what can you say have been the greatest accomplishment or the best time you’ve had while operating your business since its inception? 

Our greatest accomplishment is being the most stable digital currency among over 500 digital currencies traded on various exchanges worldwide. It has been consistently on an uptrend, of higher highs and higher lows, starting at of around 200 Satoshi, when it was first traded a year ago to 5,000 Satoshi today. DNotes Bitcointalk forum is by far the most respected unmoderated, inspirational and productive forum, where trust and integrity out weight any personal and short term gain. It is the proud creator and sponsor of CryptoMoms to encourage women participation with a mission to close the gender gap. It is the innovator of cryptocurrency investment savings plan (CRISP) and creator of DNotesVault with free secure storage for DNotes with 100% guarantee funds with verifiable addresses.


Alan Yong is the founder of DNotes. He is a strong supporter of women’s participation in the digital currency space by founding CryptoMoms.

About the author: Jay-R Gatdula is a disturbed websites manager, from the turbulent land of monitors and tall buildings, who writes about movies, food, travel, technology, relevant global news, spontaneous stuff, and all things that defy the prosaic. Meet him now; meet The Man with the Cap.