central

Verofax to raise US$750,000 on Beban Crowdfunding Platform

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Time Stamp: March 5, 2023 11:34 AM - Modified On: March 5, 2023 - Published By:
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- Offering GCC retail investors interactive access to private equity investment opportunities BAHRAIN, Mar 5, 2023 - (ACN Newswire) - Verofax, the leader in brand marketing and AI-powered solutions for enterprise, was featured on Beban 2 (Episode 9, Mar 1, 2023), the hit entrepreneur & investment-themed reality TV program airing on Bahrain TV, Alrai TV and Dubai TV, as well as Shahid, the region's largest video-on-demand platform.   Wassim Merheby, CEO & Co-Founder, and Jamil Zablah, CMO & Co-Founder, Veromax, a product winning SaaS provider helping brands achieve growth by turning offline products interactive

Paribus: Measure Twice, Cut Once.

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Time Stamp: February 25, 2023 1:21 AM - Modified On: February 25, 2023 - Published By:
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Measure Twice, Cut Once It was with a heavy heart that we decided this week to reschedule our MVP launch to early March. It wasn’t a decision we took lightly, knowing full well that it would cause ripples of disappointment throughout our community. As many people know we’ve been working closely with auditors at Hacken to ensure that the MVP is as secure as possible. Our decision to reschedule the launch is to allow the team at Hacken to work directly with our developers next week. Chris, our security advisor

Paribus: How loans work.

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Time Stamp: February 8, 2023 12:41 PM - Modified On: February 8, 2023 - Published By:
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How Loans Work A surprising number of people worldwide have little understanding of how the modern monetary system works. This lack of financial literacy can have significant impacts on individuals and their ability to become more productive members of society. For instance, many people think that debt is bad without understanding that it’s an essential ingredient for growth. All of the world’s major economies operate a debt-based model which is paramount to ensure continued growth and expansion. Without the ability to create debt, growth is dictated by the current level

Reasons for Regulation

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Time Stamp: January 5, 2023 3:57 AM - Modified On: January 5, 2023 - Published By:
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There are multiple reasons cited for increased regulation in crypto, the most common of which are investor protection, institutional adoption, and safety. While regulations can be seen as a good thing in general for the space they’re by no means a universal panacea. Examining what central banks want regulation to look like gives a clearer indication of who benefits most from them. In December Sir Jon Cunliffe, Deputy Governor of the Bank of England said, “We would need to regulate to ensure that we get the same level of protection,

China’s Walled Garden

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Time Stamp: December 14, 2022 11:40 AM - Modified On: December 14, 2022 - Published By:
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Continuing our theme of speaking with people in the world of finance and technology we asked insiders at ByteDance in Shanghai their views about blockchain technology. The results give some useful insight into one of the likely narratives of the next bull run. In previous cycles narratives have ranged from Bitcoin being digital gold to NFTs being the cutting edge of the art scene. These topics pull new users into the space and with their added liquidity the value of the market begins to rise. The present decline in value

Is the Future Digital?

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Time Stamp: December 8, 2022 4:16 AM - Modified On: December 8, 2022 - Published By:
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These days you can’t scroll through YouTube without encountering videos foretelling the end of crypto and the collapse of the global financial system. The clickbait culture that invaded traditional journalism has now spread to citizen journalism too, but how realistic are all of these dramatic claims? Fear, uncertainty, and doubt (FUD) pervade the mainstream media. So much so that even people with little knowledge of the technology claim it’s all going to zero. If you’re looking for bottom signals this is the equivalent of everyone FOMOing in at the top.

The Central Problem

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Time Stamp: November 21, 2022 1:09 AM - Modified On: November 21, 2022 - Published By:
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The black swan events of LUNA and FTX that have so far characterized crypto in 2022 left many in the space wondering how we got here. What began as a quiet revolution focused on decentralization and financial sovereignty has been corrupted by greed and the centralization of power and control. If crypto has any hope of a future it can only be found in reaffirming the central tenets of decentralization and financial sovereignty. While the media claim these problems are the fault of a lack of regulation it’s worth considering

Passport of the Future

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Time Stamp: November 18, 2022 4:21 AM - Modified On: November 18, 2022 - Published By:
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A few years ago if you were to talk about governments being able to control your money and impose travel restrictions on their citizens most people would roll their eyes and ask where your tin foil hat was. These days however the dystopian future dreamt of by science fiction authors is rapidly becoming a reality. When it comes to dystopian visions of society and governmental overreach, most people’s first thoughts turn to China. Although they may be ahead of the curve at the moment, their path to a digital future

Bonds, Bitcoin Bonds

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Time Stamp: October 12, 2022 2:03 AM - Modified On: October 12, 2022 - Published By:
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Just over a year ago El Salvador made history by becoming the first, and only country in the world to make Bitcoin legal tender. Much to the anger of the international community of central bankers, they pushed ahead with their plans, doubling down by planning a $1 billion bond release to build Bitcoin City. According to the mainstream media, El Salvador’s experiment with cryptocurrency has been an unmitigated disaster. The country is on the verge of bankruptcy, there hasn’t been widespread adoption of crypto, and the president is a ruthless

Inflationary World, Deflationary PBX

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Time Stamp: September 30, 2022 4:06 PM - Modified On: September 30, 2022 - Published By:
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While central banks all over the world are battling inflation, here at Paribus we’re continuing our drive to ensure we remain firmly deflationary. This month, as with previous months, our algorithm has been busy calculating the appropriate Deflationary Volume Incentive. Based on the volume of PBX traded across all markets our algorithm determines the number of tokens we need to burn from our ecosystem. We do this by sending the tokens to a null wallet that can’t be accessed by anyone. This process ensures that over time more and more

Digital Assets

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Time Stamp: September 27, 2022 3:28 PM - Modified On: September 27, 2022 - Published By:
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If you ask most people in crypto what a digital asset is they usually reply that it covers everything in crypto. For over a year major exchanges and projects have been asking regulators the same question and are repeatedly frustrated by their inability to answer clearly. The reason is that the term ‘digital asset’ is one you’re likely to hear or read about frequently in the coming months. According to well-placed sources within financial journalism, regulators and lobbyists backed by legacy financial institutions are gearing up to label every cryptocurrency

Interesting Times

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Time Stamp: September 22, 2022 1:50 PM - Modified On: September 22, 2022 - Published By:
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A few months ago the markets were confident we were approaching the end of big interest rate hikes and that after the summer central banks such as the US Federal Reserve would begin to ease their monetary policy. However, due to persistently high inflation, especially core inflation, the markets have adjusted their view which goes some way to explaining the recent crypto market volatility. As cryptocurrency is touted as an inflation hedge and an alternative form of money, users are often confused or surprised to discover that over the short