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Category Archives for General Interest

Why OPEN is More Relevant Than Ever

Last week, two things happened that caught our attention: 1) Telegram was banned from the App Store 2) major credit card companies revealed they were planning to increase interest rates for any transaction dealing with the purchase of cryptocurrencies. To us, this means the technology we’re building at OPEN is more relevant than ever. SHOULD […]

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What will the Future be like with Decentralization

  By Chase Smith The current system uses a variety of disjoint systems that have to interact through flimsy bridges. The companies that create these bridges often have a monopoly on who can cross and for what kind of toll. We see these kinds of companies when people deal with payments, but also in any […]

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Blockchain Blitz — There’s a Coin For That

ICO TRENDS MIRRORING THE RISE OF MOBILE APPS Not too long ago in San Francisco, a center for advancement in the world of tech, you couldn’t walk down the street without overhearing someone’s idea for a new mobile application. Some were genius (can you imagine a world without Uber?) others, not so much. But the […]

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Thoughts for the Next Crypto Kitties Clones

By Chase Smith Cryptocollectibles of the Past Cryptocollectibles are not new to the blockchain. Even though fungibility is one of the necessities of a cryptocurrencies, there was at one time a similar craze for the color coins. Coins that were to have attributes layered on top of the original bitcoin infrastructure. Crypto Kitties: An On-chain Game CryptoKitties […]

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What is OPEN Platform?

The OPEN Platform is a blockchain based developer platform centered around providing developer infrastructure for mainstream application developers to embrace decentralized technologies. Like the Stripe API has made it incredibly simple for developers to simply ‘plug and play’ and process payments within their technology stack, the OPEN API enables developers to similarly accept and enable […]

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WHERE ARE THE RECEIPTS?

  Aside from the obvious — you can’t yet use cryptocurrency in conventional applications or on most existing websites as a form of payment, something we are actively solving — the thing that struck us as much-needed is receipts. Where are they? As it stands, it’s convoluted at best and impossible at worst to produce […]

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CRYPTOCURRENCIES: ARE WE APPROACHING THE TIPPING POINT?

The rise of bitcoin could catalyze mass adoption Bitcoin is up 500{e9b7b6e97581a958d2bc378a46799d644da7fe427050b58be8de8c4fdd2a2020} since July 2017 Last week, close to $15 Billion in bitcoin was traded daily. In the coming weeks it’s highly likely that we’ll see that number increase. By the end of 2018, it’s anyone’s guess as to how high the value of BTC might […]

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Belarus Looks to Legalize ICOs, Cryptocurrencies — Make Them Tax Free

  In a radical move, Belarus President Alexander Lukashenko aims to make Belarus an international “sandbox” for companies dealing with blockchain technology and cryptocurrencies, offering a favorable climate for ICOs, tax breaks, and legal incentives. Belarus isn’t a stranger to the world of tech — having produced such companies as call-making and mobile IM app […]

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How CryptoKitties Proves The Value of Cryptocurrencies For App Developers

  Based on data from ETH Gas Station, CryptoKitties is now the largest decentralized application on the Ethereum blockchain. This game, based on breeding and selling digital cats, has consumed more than 14{e9b7b6e97581a958d2bc378a46799d644da7fe427050b58be8de8c4fdd2a2020} of the total transaction volume and shows little signs of slowing down. CryptoKitties functions through a set of 5 Ethereum smart contracts […]

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[INFO] Open Platform

  Some of you have been asking for an example of how the OPEN Platform would work. In this example, we will go over a very brief explanation of how it is planned. A dating app’s developer offers users an option to upgrade to a premium membership. They will implement OPEN Platform to have faster […]

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