“There is something about the war in Ukraine that feels different,” a former U.S. intelligence official told Nick Bilton. “We’ve seen wars documented on Twitter and images shared on the internet before, but this time it isn’t just bombs and bullets; this war is digital from the top to the bottom.” And, Mr. Bilton says: “At the center are cryptocurrencies.”

If crypto has come to war, can healthcare be far behind?

The Post article was in the early days of the war, and focused mostly on how Russia might try to use crypto to lessen the impact of many financial sanctions that have been imposed. That remains a concern, but what has transpired since has opened up many people’s eyes about the use of crypto. Ukraine has raised around $60 million in crypto contributions, according to blockchain analytics firm Elliptic, both directly to the Ukrainian government and to Come Back Alive NGO. These contributions are being used not only for supplies and humanitarian relief, but also for purchase of military equipment. Ukraine is, in part, crowdfunding the war using crypto.

Crypto has become a favorite means of donating money because the transaction is quicker and cheaper than bank or other more traditional methods, and can be done even when banks or other financial institutions may be under cyber or physical attack (or, if they are in Russia, have been sanctioned). Professor Gavin Brown writes: “By going straight to the people of the world, Ukraine’s government has been able to raise finance quickly without the need for financial intermediaries.”

“Cryptocurrency is particularly suited to international fundraising because it doesn’t respect national boundaries and it’s censorship-resistant — there is no central authority that can block transactions, for example in response to sanctions,” Elliptic’s chief scientist, Tom Robinson told CNBC.

Dan Primack of Axios asserts: “This is the crypto industry’s moment of truth.”

“For nearly a decade,” he goes on to explain, “crypto evangelists have said that one of the tech’s greatest benefits would be in helping users avoid macro economic disruptions…Russia’s war on Ukraine, including the financial impacts on both countries, is kind of what they had in mind.” The tests, he believes, will be utility and adoption.

Ukraine was particularly ready for a crypto war. Even before the conflict, Chainalysis had ranked Ukraine as the top European adaptor of cryptocurrency, and fourth in the world. Last September it legalized cryptocurrency, and was already piloting its form of digital currency, the e-hryvnia. It has a Ministry of Digital Transformation, whose 31 year-old deputy minister Alex Bornyakov is creating a lot of waves.

Cryptocurrency hasn’t always been known for its stability, but if you are a Ukrainian refugee, carrying cash might seen risky, so putting your money in a digital wallet might seem like a prudent strategy. Similarly, if you are a Russian citizen whose bank is collapsing, whose rubles’ value are crashing, and whose Mastercard/Visa no longer work, putting your money into cryptocurrency suddenly makes a lot of sense.

Mr. Primack suggested: “But it’s hard for even the most hardened Luddite to not at least wonder if it’s prudent to sock away a little “digital gold,” just in case he finds himself suddenly living in the next Ukraine or Russia.”

This seems rather far afield from healthcare. The U.S. isn’t at war (unless you count cyberattacks), and our healthcare system has no shortage of ways to get money. Nobody really likes how healthcare’s payment mechanisms work, and everyone agrees they are wildly inefficient, but, so far, there’s no hue and cry to introduce cryptocurrency into them. Oh, sure, there are some start-ups claiming to offer health cryptocurrencies, but they’re not close to being a threat to any payors or healthcare payment intermediaries.

But, still, crypto is coming to healthcare.

The U.S. is still in the early stages of developing a digital currency strategy; last month, for example, the Federal Reserve issued a report on a Central Bank Digital Currency. “I think it’s more important to do this right than to do it fast,” Fed Chair Jerome Powell has said. Congress has held hearings, will undoubtedly hold more. Advocates for digital currency point to lower transaction costs, and potential to help the unbanked.

There is a need for regulation, most believe, but Senator Ron Wyden, chair of the Senate Finance Committee, warns: “There is obviously a debate [about stricter regulation] but I want to be on the side of the innovator,” comparing the current crypto environment to the early days of the internet.

That’s sort of the point. We don’t know what cryptocurrency will be used for — who thought it’d be a key part of an actual war? — but we’re undoubtedly not thinking big enough. Lower transaction costs? Hello, healthcare payments! The unbanked? Hello, the uninsured! Bypass intermediaries? Goodbye, health insurers!

Let’s just hope that healthcare isn’t as slow (and as limited initially) to crypto as it was to the internet.

The war in the Ukraine did not come as a surprise. The U.S. told the world for weeks what President Putin was going to do, and he did. But, as Alex Bornyakov told TechCrunch last week, “The war didn’t start four days ago. It’s been going on for eight years,” referencing Russia’s 2014 occupation of Crimea. One of the ways that Ukraine prepared during those eight years was to get ready for crypto, and now they are benefiting.

Similarly, no one paying attention can believe our current healthcare system can go on as it is. It’s due for a fall. It has to get cheaper, faster, more efficient, more equitable. Crypto is not the solution, but it is going to be part of the solution. We should be preparing.

So: cheer for Ukraine, donate to it if you can, and, if you care about your health or your pocketbook, start thinking more seriously about what crypto could mean for our healthcare system.

Referred to as ‘synthetic’ digital assets, COIN, TSLA, AAPL, MSFT, and MSTR — as traded on Binance — are marketed as tokenized versions of real-world stocks. However, the legal framework regarding these assets isn’t clear. As with most things in crypto, the approach appears to be to build and launch first and then deal with regulators if and when they catch up.

This article will analyze the current Binance stock tokens, identify any issues and discuss how blockchain infrastructure provider Dusk is working to change the way companies offer and manage their shares.

Binance, the largest cryptocurrency exchange in terms of volume, has now indirectly entered the traditional stock markets. The exchange launched its ‘stock token’ trading service for its customers on April 12th starting with the Tesla (TSLA) token. It then followed with Coinbase (COIN) and on the 30th of April, Binance completed the listing of its new stock tokens — MicroStrategy, Microsoft, and Apple.

According to Binance, these stock tokens represent the shares (or fraction of shares) of the public companies they are minted for. The exchange claims that these stock tokens are fully backed by shares held by a German asset management company — CM-Equity AG.

CM-Equity AG is a licensed financial service under the German Banking Act. It is overseen by BaFin, which is Germany’s Federal Financial Supervisory Authority. The US comparison would be a licensed stock brokerage. Any customer disputes with CM-Equity AG must be lodged with a German dispute resolution service VuV-Ombudsstelle.

As for settlement, you can redeem these tokens for Binance’s dollar-backed stable coin — BUSD. Binance states customers in any stock token purchase “are transacting with CM-Equity AG as your counterparty.” This doesn’t mean once you have purchased the COIN tokens you can talk to the German company about them, though, as CM-Equity states in its FAQs that it is solely an infrastructure provider and “doesn´t answer questions on services for end-users.”

Nonetheless, let’s take a look at how it all works. Once you open trade-in stock tokens, a Swiss company Digital Assets AG (DAAG) will buy the equivalent amount of the company’s shares on behalf of CM-Equity AG. Further, Digital Assets will mint a token on its private blockchain.

In the next step, the shares purchased by Digital Assets are locked in a security account associated with CM-Equity AG. Once this is done, Digital Assets sends the minted token to Binance via CM-Equity.

While this is a neat solution that allows for these tokens to access new liquidity, one potential problem with the Binance Stock Token model is that when you own a stock token you don’t own all of the rights of owning the shares. For example, you won’t be able to vote at Apple shareholder meetings or sue Apple for a breach of your shareholder rights.

However, Binance says you will benefit from the movements of the underlying share, plus you also get dividends. Essentially, you are making an indirect bet on the underlying company shares.

Binance is currently under scrutiny for marketing its security tokens in Hong Kong. Regulatory authorities are concerned that it violates local securities regulation. According to a report, Binance does not appear to have a license to market or trade securities in the Hong Kong region.

The trading volumes of these tokenized stocks show that there is an appetite for this offering.

To date, Binance and the FTX exchange are selling the CM-Equity AG stock tokens. But for these types of solutions to achieve scale and avoid potential conflicts with regulators in every jurisdiction, they may need to work with existing solution providers that are already working within regulations, such as Dusk Network, which markets itself as a provider of government compliant Security Tokens

Founded in 2018, Dusk Network is an Amsterdam-based blockchain platform on which companies can launch programmable and confidential securities.

Fundamentally, Dusk is a privacy-focused blockchain for financial applications. It is a layer-1 blockchain with Confidential Security Contract (XSC) standard and supports confidential smart contracts. With Dusk, any enterprise can collaborate to create new financial assets while ensuring they meet compliance requirements.

Here are some major applications of the Dusk Network:

Digital share registry saves companies from the laborious and expensive process of keeping and maintaining an updated record of their shares while ensuring the highest level of privacy.

In collaboration with LTO Network, Dusk will tokenize shares for thousands of SMEs in the Netherlands. They will enhance the Dutch digital share registry. Dusk has also got the regulatory nod from Europe and the Royal Dutch Association of Civil-Law Notaries (KNB).

This shareholder registry is a regularly updated list of companies’ shares that live on the blockchain. The best part is that there is no need for companies to ensure regulatory compliance. Instead, the regulations are programmed into confidential smart contracts. This way, shareholder rights, dividend payments, obligations, executing voting rights, etc, are programmatically taken care of.

Security tokens are tokenized versions of traditional securities like stocks, bonds, property, etc. These tokens live on the blockchain so transactions are automatically validated and stored.

If you are a company or platform you can raise capital by issuing XSC tokens on Dusk Network. The Confidential Security Contract (XSC) standard provides you with all the tools to retain control over your securities such as ownership rights. Further, these tokens can be programmed to comply with securities laws in multiple jurisdictions. Moreover, XSC tokens will also reduce costs by enabling easy integrations by industry parties and efficiently execute parameters like dividend payments, voting rights, automate audits, etc.

The XSC tokens also enable users to earn fractions of shares and save on administration costs.

Smart contracts are the building blocks of decentralized applications. Essentially, they are lines of code that run predefined functions. Dusk Network takes smart contract functionality a step further by allowing companies to use public blockchains while ensuring complete data privacy. Dusk’s confidential smart contracts are scalable and privacy-centered.

Dusk is also building a native Security Token trading exchange where companies and investors can effectively buy and sell tokenized securities. Last year, Dusk received an 840,000 Euro grant from iFinex, the parent company of the famous Bitfinex exchange, to boost the development of such a platform.

Dusk is bringing traditional stocks to the blockchain by providing a robust blockchain infrastructure and within the framework of regulation. They are achieving this whilst also providing a privacy-focused blockchain fabric and Confidential Security Contract (XSC).

Dusk is leading the evolution of stocks to blockchain within a regulatory framework. Exchanges such as FTX and Binance are also proactively listing FAANG stocks, and others, which will accelerate the need for regulators to keep up.

For example, Dusk is a privacy-focused blockchain that provides infrastructure for companies to launch their security tokens in a secure setting and within regulatory frameworks. Dusk has launched a pilot project to digitize Nederlandsche Participatie Exchange (NPEX) services and infrastructure for its thousands of clients. Subsequently, Dusk has since taken a stake in NPEX furthering their commitment to the industry.

If you got at least a satoshi worth of value from this post please “Clap” so others will see the post and share it with your network.

Disclaimer: My research and articles are for educational and information purposes only. My views are my own. They are not investment advice.

Rug pulls or exit scams have become the go-to scam of the crypto and DeFi ecosystem.

A rug pull is often done by fraudulent developers who create hype around a coin and then abandon the project. The Blockchain-based world of crypto has given the common person a tool to invest and develop their wealth. A rug pull is a fraudulent manipulation in the cryptocurrency market carried out by crypto or DeFi project owners (Developers) stealing investors’ money.

In our most recent article, we discussed how $PumpIT is attempting to make crypto purchasing more seamless for many and help them avoid pump-and-dumps.

So you may be asking “how do I avoid these exit scams?”

Examine the pool’s liquidity with the project. It’s more difficult to convert tokens into cash when a pool’s liquidity is low, which may be due to a lack of developer money. When there is a lack of liquidity, developers can easily manipulate prices as per their preferences.

For example, PancakeSwap has been around for more than two to three years and holds a massive amount of total value locked up in their DeFi ecology, thus they can provide investors with some degree of confidence.

As per many crypto investors, the trading volume of a coin should be at least 10% which may increase up to 40% of the coin’s total market capitalization to make it pass the test of liquidity.

Who remembers the Squid Game token hoax?

https://twitter.com/CNBC/status/1457320979852668932

You may learn who owns the most tokens in a project and how they disperse via Etherscan or other tools like it. You may discover potential investors by looking at who has the most tokens in a project and how they’re divided.

If any wallet controls 5% or more of the token supply, liquidating all immediately is simple, raising the possibility of price manipulation or a rug pull.

With the breaking stories in DeFi rug pulls, Twitter is going crazy

https://twitter.com/lifeincrypto2/status/1479086005043044357

Another important indicator of a cryptocurrency or DeFi project’s authenticity is the number of tokens outstanding. This shows the total fund committed to a project. PancakeSwap, for example, has $14B TVL, whereas fraudulent projects may have as few as a few thousand dollars in TVL.

The most reputable cryptocurrency projects will have a variety of security reviews or financial transparency reports to ensure their legitimacy. Cardano has been thoroughly validated by several audits and an external source code review to assure its safety.

A project with no third-party audit does not necessarily indicate it is fraudulent; however, it implies that you should do your research before investing in it.

We discussed how investors rush to invest in Meme Coins and how meme coins have made millionaires overnight but that is not always the case.

Always learn about the company’s background. Never believe everything you hear or see, and plan to invest as soon as possible because you’ll receive greater returns.

A rug pull is detected by various online tools, including Token Sniffer. Token Sniffer, for example, includes a database of all the most recent hacks and fraudulent coins.

Another helpful device for detecting exit scammers is the Rug Doctor, which may also be used to find exit scams.

Other than the information mentioned above, you can also use tools like DappRadar to check how many transactions are happening in a project’s smart contract and whether or not those transactions are actualized.

Try to apply the mindset that “all that glitters is not gold” and make your decision with greater caution!

VILLACOIN owner becomes shareholder of the property share and hotel that we are constructing. All your rights and VILLA project liabilities are strictly controls via smart-contract rules.

Token holders will receive 20% discount in case of purchasing of 100% in property unit with full legal transfer of ownership.

Contact us for further details

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WEB: http://villacoin.xyz/

Join our Telegram channel HERE.

ICO: https://foundico.com/ru/ico/villacoin.html

INFO: https://coincodex.com/crypto/villacoin/

Thank you very much to all investors who have wanted to believe in our visionary project.

This table shows the current amount of the Ckronos redeemed:

Now a new challenge of Public Sale is waiting for us. We hope that our potential investors realize that the Kronos Dao Project will surely become a reference platform. We have in mind winning projects for the future.

We ask you to support us and continue to give us your trust.

Helped to grow the community, talk to your friends. In the next days we plan to start our marketing program through the main channels and platforms in the Crypto world.

Stay with us.

In the coming days we will explain step by step in which direction we are going and what results we are obtaining.

Meanwhile, we give you an appointment at the next Public Sale.

The Kronos DAO Team