Constellation Industry News Update 1/14/19

Dear Constellation Communinity,

It’s a new week, and naturally there are lots of new happenings in the space to mention in our Industry News Update. Read on for a round up of stories surrounding  blockchain, DLT and crypto from around the web.


Tech News

South Korea Supports Blockchain With Tax CreditSouth Korea has continued its progressive stance towards cryptocurrency and the innovation it offers for fintech by providing tax incentives for blockchain development.

NYC Launches Blockchain Center As Demand for Blockchain-Related Professionals SoarsLaunched by the New York City Economic Development Corporation (NYCEDC), the Manhattan-based, public-private NYC Blockchain Center will offer everything from coding classes to lectures that will be open to the general public.

Vermont State Government Launching Blockchain Insurance PilotThe state government announced Friday that the Office of the Vermont Secretary of State and the Vermont Department of Financial Regulation have signed a memorandum of understanding to conduct the pilot that will examine the tech’s potential in digital recordkeeping and registration and regulatory processes. 

Crypto News

Unique Bitwise Bitcoin ETF Is Filed For Approval With The SEC – Bitwise Asset Management, a crypto startup that pioneered the world’s first cryptocurrency index fund is now gunning to launch the world’s first Bitcoin exchange-traded fund (ETF).

US State of Wyoming Passes Two New Blockchain, Crypto-Related Bills – The new house bills aim to foster a regulatory environment conducive to cryptocurrency and blockchain innovation.  

Thai SEC Approves 4 Cryptocurrency Exchanges, Opens The Door For Compliant Digital Assets In Thailand A total of seven blockchain-based enterprises applied for such a license. The four that received approval were the following: Bitcoin Co., Ltd.; Bitkub Online Co., Ltd.; Satang Corporation Limited; and Coins TH Company. While other parts of Asia remain hesitant to establish a clear regulatory framework for digital assets, Thailand has taken numerous steps to provide clear guidance and attract businesses throughout Asia and beyond.

Investor News

New Crypto Wallet May Spark Wall Street InterestA leading digital asset exchange, Seed CX, aimed at institutional investors, has recently revealed their unique segregated wallet solution, which features on-chain settlement.

Authenteq raises $5 million for blockchain identity verificationThe funding for the Reykjavik, Iceland-based company was led by Draper Associates and Capital300. The company said it completed its funding round in two weeks.

Blackmoon and Plato Technologies Forge Strategic Partnership to Facilitate Launching of New ‘On-the-fly’ ETx’s – The On-The-Fly ETx’s  aim is to provide investors with direct access to Plato’s real-time strategies.

Use Cases

HSBC banks on blockchain to finesse forex tradesThe London-headquartered bank, a heavy-hitter in forex dealing, has processed more than 3m FX transactions worth $250bn using blockchain technology in the past year.

University of Bahrain Will Issue Diplomas on the Blockchain Employing Blockcerts – MIT has also started to issue diplomas on the blockchain through its Blockcerts platform in an attempt to distribute academic credentials while ensuring tamper-resistance and immutability.

Blockchain Is Seeding Agriculture RevolutionThe National Farmers’ Federation of Australia recently launched its ‘2030 Roadmap’ for agriculture and identified blockchain as a key technology in changing the way goods are certified, processed and delivered, and there are some significant initiatives already underway.

Major Spanish Energy Company to Use Blockchain in Renewable Energy TrackingSpain’s major energy company, Iberdrola, has started using blockchain to track renewable energy. During the pilot, Iberdrola monitored the renewable energy delivered from two wind farms and one power station to banks’ offices located in Basque Country and the southern city of Cordoba.

WTF

Crypto Goes Narcos as Escobar Estate Launches New Stablecoin ICOAn ICO for a dollar pegged stablecoin has been launched by Escobar’s elder brother, Roberto in an effort to impeach US president Donald Trump.

 

That’s it for this week. See you all next time!

Sincerely,

The Constellation Team

 

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Constellation Industry News Update 1/7/19

Dear Constellation Community,

We hope your 2019 is off to a great start. We’re kicking things off with the first Constellation’s Industry News Update of the new year, rounding up stories surrounding the blockchain, DLT and crypto spaces from around the web.


Tech News

Italian Government Establishes 30-Member Blockchain Advisory Board –  The board will examine use cases for the technology in both the private and public sectors.

New interbank platform shows Asia’s blockchain growth The China Banking Association (CBA) has now started to roll out the long-awaited “China Trade and Finance Interbank Trading Blockchain Platform”, designed to standardize and digitize interbank transaction information for trade and financial products and serves in “laying an important foundation for building a new trade finance ecosystem and improving the efficiency of financial services.”

ConsenSys, AMD To Develop Blockchain TechThe alliance between the Ethereum solutions provider, microchip manufacturer, and United Arab Emirates based investment management firm Halo Holdings, aims to develop a blockchain based cloud computing infrastructure.

Binance to Back Crypto, Blockchain Projects with Second Incubation ProgramThe initiative, called BUIDLing, would expand the scope of the company venture fund, Binance Labs, on a global level.

Crypto News

Hong Kong Crypto Exchange to Offer Bitcoin Futures with 20x Leverage –  Hong Kong-based crypto exchange Coin Futures and Lending Exchange (CoinFLEX) has announced that it will be providing futures contracts for cryptocurrencies to Asian investors as from February 2019.

Colorado Considers Bill Giving Cryptocurrencies Limited Exemptions From Securities LawsA bipartisan effort sponsored at Senate level by Republican Jack Tate and Democrat Steve Fenberg, the “Colorado Digital Token Act” aims to offer limited extra freedoms for cryptocurrencies and traders. 

Japan’s Financial Regulator May Approve Crypto ETFs: Report – The FSA is currently ascertaining institutional interest in ETFs that track cryptocurrencies and could ultimately give them the go ahead.

Crypto Security Company Ledger Releases Bluetooth-Enabled Hardware Wallet – The wallet, called the Ledger Nano X, was shown at the CES 2019 conference in Las Vegas. At the same time, the firm has announced mobile app set to go live on Jan. 28, allowing its users to manage their transactions and check their balances from a mobile device.

Investor News

Bitcoin and Blockchain in 2019: Eight Investment Trends To WatchIt’s time to focus on the future. In order to effectively prepare yourself for the following year, you definitely want to take a look at the following sectors of the blockchain world.

Institutional Investors are Changing the Face of the Crypto Market: Here’s HowWith 2019 underway, many experts believe that this newfound interest from big name players will not only support this burgeoning market space but also distort it in some ways.

Ripple Prepares to Sell Millions in XRP to Institutional Investors As Crypto Whale Watchers Spot $71 Million in Ethereum on the Move – The company started the new year off with an eye-popping transfer of more than $755 million worth of XRP. The majority of the funds were moved into escrow.

Use Cases

Honeywell uses blockchain for aircraft spare parts The fellow Hyperledger member is  is leveraging blockchain to verify that the quality documents and images match the specific part offered for sale on its new e-commerce initiative, GoDirect Trade, for the aviation parts industry.

How Blockchain Can Reduce Costs For The Shifting Electric Vehicle Landscape – Auto manufacturers who don’t embrace new technology to cut costs and improve their brand value will fall behind. 

Rational Surgical Solutions Partners With Blockdrive To Add Blockchain Technology To Rati-Fi® Informed Consent Patient Education Platform This makes them the first company in the healthcare information technology space to offer a Blockchain process for confirmation of informed consent for surgical or medical interventions.

Some Nevada governments using blockchain for public recordsThe Reno Gazette-Journal reports that as of December in Washoe County, about 950 couples had received secure digital marriage certificates to home computers and smartphones since the program debuted in April 2018.

 

That’s it for this week. See you all next time!

Sincerely,

 

The Constellation Team

 

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Constellation Update – New Site, Recent Content, Upcoming Events & What to Look Out For

Dear Constellation Community,

We hope that you all had a wonderful holiday season and that 2019 is off to a great start. We are very excited about what’s to come this year and are looking forward to delivering on milestones and unveiling the projects and partnerships we’ve been working on.

At the end of 2018, our CEO Ben spoke about the year in review and gave a preview of what’s in store for 2019. If you didn’t catch the video, you can view it below:

New Site

One exciting development that you can look forward to in the early part of 2019 is a full site rebuild. We felt it was time for a makeover. Our new site will provide easier access to both past and future content, a more streamlined layout, as well as sections tailored to specific industry use cases.

Upcoming Events

Wyatt (CTO) and Ryle (VP of Engineering) will be speaking at Developer Week, in San Francisco, California. The event takes place February 20-24, 2019.

Things You May Have Missed

Read all about what Constellation was up to in 2018 in our end of year blog post 2018 – A Year in Review.

MOBI Grand Challenge

Constellation is a partner in the MOBI Grand Challenge.  We’re offering prize money, and our very own Wyatt is a mentor for the 20+ projects involved. Watch the below video for more information and submit a project here through January 10, 2019.

Sebastian Spitzer Interview

We recently spoke with Constellation Ambassador Sebastian Spitzer about everything from where the mobility space stands today to where it is headed, and how blockchain and Constellation fits into it all. Read the full interview in Constellation and the Automotive Industry- An interview with Sebastian Spitzer.

Stay Tuned

Stay tuned for more announcements coming your way soon. Constellation Industry Newsletters will resume on Monday, January 7th, and regular Constellation updates will pick up on Friday, January 18th. In the meantime, as always, you can find us on our social channels linked below.

Sincerely,

The Constellation Team

 

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Constellation Labs 2018 – A Year in Review

Dear Constellation Community,

Thank you to all of you that have followed Constellation’s development over the last year. It has been a wild ride with an extremely strong fourth quarter where we have continued to build our vision, deliver on engineering milestones, and further establish ourselves. Please watch our year end video which walks through the vision of the company, company milestones, goals, the team, use cases, and use of funds to date.

 

Vision

One of the largest achievements of Constellation is establishing a future for enterprise adoption. This has been exercised by the partnerships we have put in place, the vernacular by which we convey our technology, and within our company culture and how we operate.

Constellation is the Red Hat for Blockchain. We are commercializing blockchain for enterprise and consumer grade adoption by building a framework, with a scalable infrastructure, to support developers with big data initiatives. Furthermore, and with the core framework revolving around an API/microservice ecosystem, we are developing technologies to monetize IoT data while enabling data processing at the edge. We see the trillion dollar IoT market as an established market that is looking for additional infrastructure layers that validate the integrity of data. Our initial traction has been in the $300B automotive sector as mid-market and enterprise players better understand the data demands of the connected automobile. However, the vision extends beyond the automotive sector and into healthcare, energy, and manufacturing.

Our approach as an enterprise software solution will carve us out as an industry leader in distributed computing and enterprise solutions for the future.

Ambassador Program

The Constellation Ambassador Program was implemented to arm and equip industry leaders with knowledge about the Constellation technology and our directives. Our intention was to open source our business development initiatives and create a global team of leaders that understood the Constellation message.

Constellation kicked off the Ambassador Program concept in June of 2018 and used existing advisor relationships to prove out the strategy. We were fortunate enough to have found strong strategic ambassadors early on that have helped us secure foundation memberships, as well as access to enterprise engagements. This in turn established Constellation’s market focus, as well as a framework for a scalable Ambassador Program. We are ending the year with a globally scalable Ambassador Certification Course that lives on The Blockchain University platform. We partnered with The Blockchain University, and all those that pass the course test receive a Certification that lives on an immutable ledger. To date, over 70 people have expressed interest and over 20 people have passed our certification course. We will be kicking off 2019 with a series of monthly webinars to drive the strategic focus of the Constellation Ambassadors and continue to scale enterprise engagements.  For more information on the Ambassador Program including how to get certified, check out the links below:

Joining Consortia

2018 saw a flourishing of collaboration amongst communities and projects.  With so many potential use cases and differing approaches to technology, the blockchain space recognised the benefit of forming working groups and consortia. The only way we will usher in true adoption is shared chains, networks, and business, and to that end we were hugely honored to be  accepted into two of the industries leading groups:

Hyperledger – Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology.

MOBI – MOBI is a nonprofit organization working with forward thinking companies, governments, and NGOs to make mobility services more efficient, affordable, greener, safer, and less congested by promoting standards and accelerating adoption of blockchain, distributed ledger, and related technologies. 

Finance & $DAG

Token Launch and Distribution

Constellation launched it’s token with the Token Generation Event (TGE) in June. We successfully distributed the non-discounted portion of the private presale tokens to our investors. Shortly thereafter, Kucoin and IDEX Exchange listed DAG token on their exchange. In the following weeks and months more exchanges followed, with HitBTC being the most notable one.

Going forward, we are looking forward to driving the organic interest and adoption of DAG through new partnerships and the usage of the network. On Dec. 1st, 12pm UTC we distributed the second major batch of liquidity as the discounted portion of presale tokens was released. In addition to the last Airdrop on Dec. 14th, this concluded the most notable influx of liquidity into the circulating supply of DAG.

Token Allocations

We decided to shift the overall allocation of DAG tokens away from founders, employees and the foundation in favor of the validator rewards. This means participants in the network who run nodes in the network will have access to a pool of rewards that doubled in size from 20% to 40% of the total token supply. Constellation therefore strengthens their promise to empower a strong community of network contributors and validators.

Treasury

The market has been in a perpetual downtrend since January which affected most participants in the blockchain space from hedge funds, exchanges, ICO companies and retail investors. We are happy that we are sufficiently de-risked with 81% of our assets held in USD in our bank account. Budgeting and Roadmap have been diligently adjusted to preserve capital and enable operations while optimizing for the ability to deliver the mainnet with new developers being hired.

Engineering

A note from Wyatt, Constellation Co-Founder and CTO:

It’s hard to believe how much has happened in 2018. Looking back on the original white paper I wrote last November/December it’s incredible how this idea came alive. This project’s development began with just myself building a simple prototype of gossiping nodes and has evolved into a live network with  growing contributors.

Throughout the year we were privileged with the opportunity to present our approach to distributed consensus across the world. First, at DeCentralize in Singapore, where we first showcased a combinatorial approach to distributed ledger technology. Then, ending back home in San Francisco at TechCrunch Disrupt and Scale by the Bay where we differentiated ourselves from existing distributed ledger technologies with how our architecture draws itself from first principles of functional programming and graph theory.

As the year came to a close, we had amazing developments in terms of node stabilization and partitioning. This gave way to to our node operator program and our partitioning demo, successfully demonstrating that our data structure will allow horizontal scalability. In our final weeks we’ve been planning our roadmap and general architecture for application support which will take the bulk of our focus as we begin 2019. I speak for at least myself in saying that I’m really excited to get into the weeds with our first applications supported with the Constellation Protocol.

Community/Marketing

We launched our community and marketing efforts during the market high of early 2018, experiencing explosive growth and optimism.  We saw channels grow by hundreds if not thousands of members by the day. It was a challenge to keep up with the energy in our Telegram channel – meeting the demands of 25,000 people, seeding the necessary updates and answering ALL the questions.  Altif responded by forming a core group of 20 community managers spread out across multiple timezones who could respond and report back when there were issues. We’re hugely appreciative of the team who helped us during the initial launch and continue to  support us to this day, providing feedback, report bugs, creating content and much more. You know who you are! Since launch we’ve diversified into an active Reddit, Discord and thriving Twitter and Instagram channels which we continue to grow.

Coming into April 2018, the marketing team expanded to include Gina (marketing manager) and Anthony (staff writer).  They have been instrumental in keeping our channels active and up-leveling our content output to meet the needs of investors and the community.  We’re also fostering a closer relationship with the engineering team, making sure all their work is communicated, allowing for people with differing technical skill levels to understand what we’re building and its potential impacts.  We have all the pieces and expertise in place for a knockout 2019. Thanks for being a part of this incredible journey.

Content Highlights

Event Highlights

Decentralized Singapore –  De/Centralize Singapore was Constellations first public facing event. Wyatt took the stage to present the standout technical talk of the conference. Check out the video below:  

TechCrunch Disrupt – In September, Constellation proudly sponsored TechCrunch Disrupt 2018, held in San Francisco, California. During the event, CEO Ben Jorgensen hosted a panel aimed at demystifying recent developments in crypto fundraising, while Wyatt (CTO) and Ryle (VP of Engineering) led a workshop on how to run a node on Constellation’s Testnet.  Check out the videos from TC Disrupt below:

Panel:  Beyond the ICO: New approaches to fundraising and enterprise investment in blockchain

Running A Node On A Distributed Ledger: Live Demo

Element Group MeetUp – In October, we partnered with Element Group to host a Peer-to-Peer Blockchain Mixer in Santa Monica, CA. The evening started off with brief 20-minute presentations from Ben Jorgensen (CEO, Constellation Labs) and Stan Miroshnik (CEO, Element Group). Ben and Stan outlined the key technologies their firms are currently building and how they fit into the future of the blockchain sector.

Scale By The BayScale By The Bay is the premier conference for developers, software and data engineers. Wyatt and Ryle spoke this year alongside the likes of Martin Odersky (creator of Scala) and Neha Narkhede (Co-Creator of Apache Kafka).

In their talk, “Optimizing Network Topologies with Monadic Execution Contexts”, Wyatt and Ryle discuss real issues in distributed systems recording data in an immutable append-only log in such a way that you cannot forge it. Check out the video below:

Scale By The Bay 2018 – Wyatt Meldman-Floch & Ryle Goehausen

Hyperledger MeetUpWe hosted our first Hyperledger MeetUp in San Francisco this November.  At the MeetUp, “Distributed Ledgers and Big Data: Working with Data at Scale”., Wyatt discussed techniques used to scale current data intensive applications and how these techniques can be brought to the protocol layer to ensure far greater measures of data-handling scalability and throughput.

San Francisco Blockchain Week- CEO Ben kicked off Octobers San Francisco Blockchain Week with delicious Blockchain Brunch featuring a spirited, audience-led panel chats. Other guests included Republic, Routefire, SharesPost & Securitize.

CTO Wyatt wrapped up the week by participating in a sunset discussion alongside panelists from COTI, Luna Capital,  and Hashgraph.

The Blockchain Society & Deloitte Conference To round up November, CEO Ben Jorgensen presented Constellation’s vision for distributed ledger technology at The Blockchain Society’s conference, hosted in partnership with Deloitte in San Francisco, California. He also spoke on The Future of Mobility Panel along with MOBI and Trusted IoT.

Honda Blockchain Summit- Constellation Ambassador Sebastian Spitzer attended the Honda Blockchain Summit in Berlin  this November and presented on our behalf. The event focused on the adoption of DLT in the automotive space. Other participants included Mine Spider, IOTA, and Ocean Protocol, just to name a few. A big thanks to Sebastian for attending!

New Partners

Sutherland Gold

In October, Constellation partnered with Sutherland Gold, Silicon Valley’s premier PR agency who counts Bill.com, Cloudflare and SurveyMonkey amongst other clients. They have successfully helped launch a number of blockchain businesses, such as Circle. The announcement of our partnership marked a renewed approach to press relations, with an emphasis on enterprise. In our time working together, Sutherland Gold has helped to shape our messaging and has built momentum around our new and existing industry partnerships.

The Blockchain University

November ended with another exciting partnership with The Blockchain University. With over 1,500 certified developers , they boast one of the worlds largest certified blockchain communities in the world.  Our partnership with The Blockchain University is focused around utilizing their blockchain certification platform to certify Constellation Ambassadors through an official Constellation Certification test. Once completed, the test is scored and if approved, the Ambassador receives certification through The Blockchain University. This certificate then securely placed on The Blockchain University’s blockchain and managed by the Constellation team.

 

Phew – What a year it has been! Another big thank you to all of you that have followed Constellation in 2018. This will be our last piece of content for the year, but keep a look out for our “What to Expect in 2019” piece, which will be published the first week of January 2019.

 

Until then,

The Constellation Team

 

Constellation and the Automotive Industry- An interview with Sebastian Spitzer

Constellation Ambassador Sebastian Spitzer, focuses specifically on Mobility and IoT. In our interview, we discussed everything from where the mobility space stands today, to where it is headed, and how blockchain and Constellation fits into it all. Based out of Germany, Sebastian has worked for Daimler and REHAU, and has experience in the construction, pharmaceutical and automotive sectors. Today, he’s working as a Specialist of Digital Products and Services for Schaeffler.

Constellation Industry News Update 12/17

 

Dear Constellation Community,

Hope everyone’s week is off to a great start. Due to the upcoming  holidays, this will be the last industry news update of 2018. Updates will resume on January 7, 2109. Enjoy this edition of Constellation’s Industry News Update, rounding up stories surrounding the blockchain, DLT and crypto spaces from around the web.


Tech News

Blockstream Boosts Bitcoin Satellite Service With Lightning PaymentsBitcoin users’ ability to send transactions through outer space has just been given a boost. Blockchain technology firm Blockstream announced Monday that it has expanded its satellite service to the Asia-Pacific region.

Switzerland to Regulate Blockchain Within Existing Financial LawsThe country’s Federal Council issued a report on Friday, providing a legal framework for distributed ledger technology (DLT), stating that Switzerland’s existing rules are well suited to dealing with such new technologies, but there is still a need for some amendments.

Linkedin: Blockchain Developer is 2018 Most Growing Job Sector (33X)Research conducted by LinkedIn revealed that the Blockchain Development sector has experienced the fastest growth of all the emerging industries recorded by the portal.

Iran: Science and Tech Department Official Says Blockchain Can Improve National EconomyAlireza Daliri, deputy for management development and resources at the vice presidency for science and technology, is quoted as saying that blockchain is one of the new technologies on which Iran should coordinate with international partners, noting that “over 140 countries” are today benefiting from the invention.

Crypto News

Binance Incubator Program to Foster Innovation For Blockchain and CryptoThe first batch of initiatives for the Binance incubation program will focus on solving the most critical issues currently facing the industry.

Ethereum (ETH) Network Hits Key Milestone Amid Crypto Bear Market – The number of unique Ethereum addresses (not wallets) has recently surpassed a key, round number milestone at 50 million — a monumental accomplishment for any network.

Germany’s Second Largest Stock Exchange To Develop Crypto Trading Platform Börse Stuttgart Group (BSG), the second largest stock exchange in Germany, has set up a strategic partnership with solarisBank to develop a zero-fee crypto trading platform.

The Cryptocurrency Market Grows as New Applications Arise – According to data compiled by Transparency Market Research, the global cryptocurrency market was valued at USD 574.3 Million in 2017 and is projected to grow to USD 6.70 Billion by 2025.

Investor News

Ex-Goldman Trader Co-launches Platform for “Sophisticated Investors”Tagomi Holdings Inc, an electronic brokerage offering prime services for cryptocurrency investors,  has announced that it is live and executing client trades, and that it has received the backing of several notable investors.

World’s First Blockchain-based Investment BankThe expertise-rich synergy of the successful industry players aims at establishing a blockchain-based investment bank with a dedicated division for handling crypto, the blockchain, and other digital banking-related operations.

Ponder: Exciting for Investors, Fun for UsersOn the blockchain-based Ponder platform, you can help friends find a job, business partner, investor or even love, getting some financial rewards for the good deeds in return.

Use Cases

The Auto Industry Believes Blockchain Will Disrupt It Within 3 Years 62% of the auto industry expects blockchain technology to become a “disruptive force” within it by 2021. Even more so, 95% of car making companies want to make “moderate to significant” investments in the technology over the next couple of years, according to a report by the IBM Institute for Business Value.

Blockchain use case: Healthcare supply chain Tamper-proof distributed ledger tech helps with efficiency, security, integrity and visibility of pharmacy and other supply chain data.

Merging Internet Of Things And Blockchain In Preparation For The Future The ‘Big Four’ technologies of the future are beginning to force themselves to the fore as companies start to dabble in the likes of Artificial Intelligence (AI), Blockchain and Internet of Things (IoT), as well as Big Data. 

 


That’s it for this week. If you have a minute, please take a quick moment to fill out the questionnaire below. Your answers will allow us to better tailor our weekly content output to include more of what you want to see!

Sincerely,

The Constellation Team



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Constellation Update – Engineering Updates, Recap of Recent Happenings, What to Look Out For and More

Dear Constellation Community,

It’s hard to believe that the year is almost over. The past couple of weeks have been as exciting as always — our node operator program launched, engineering achieved partitioning, and our first Constellation holiday party took place. This will be our last bi-monthly newsletter of the year, but look out next week for our review of 2018 and what to look out for in 2019.  Read on for more…

Engineering Updates

The engineering team recently achieved partitioning, a significant milestone as we approach parachains and the ability for multiple networks to function within Constellation.  We sat down with Wyatt (CTO) to get a breakdown of the development and the next steps towards dynamic partitioning.

Node Operators

Docs completed

Ongoing testing for download instability

Launched!

Features

Partitioning demo (dirty) completed.

Tokenomics paper nearly done.

Next stop app support.

Planning/spec’ing out app support.

Running a Node

Our Testnet recently stabilized, we have completed documentation for node operators, and have started onboarding node operators in our Discord channel. Sign up to run node by registering via the form below:

Register to Run a Node

Constellation Holiday Party

Last week, Constellation team members got together in San Francisco for our first annual holiday gathering. If you tuned into our Instagram stories, you may have seen that we were out doing some charity work at Build-A-Bear as a part of the event.  The team took time to align on 2019 goals and reflect on the successes and learnings of 2018. We’re formalizing this content in an end of year update alongside video interviews of the team. Look out for these next week.

MOBI Grand Challenge

A reminder that Constellation is a partner in the MOBI grand challenge.  We’re offering prize money, and our very own Wyatt is a mentor for the 20+ projects involved. Watch the below video for more information and you can submit an application here.

MOBI Channel Call

On Wednesday of this week, Ben Jorgensen (CEO) and Wyatt Meldman-Floch (CTO) were asked to present on MOBI’s weekly channel call.  The presentation gave an overview of our technology focusing on applications in the automotive space. We’ll be releasing a similar presentation in the coming weeks outlining our approach to the automotive space.

Upcoming Events

Developer Week, February 20-24th 2019, SF Bay Area, California – Wyatt and Ryle will be speaking at Developer Week, the World’s Largest Developer Expo & Conference. More info to come.

Recent Press

Constellation Labs To Use Blockchain University’s Certification Platform For Ambassador Program  – BlockTribune has covered our recent partnership with The Blockchain University

Constellation Labs Focuses on ‘Setting a Foundation’ – CEO Ben Jorgensen discusses Constellation’s background, milestones and proactive approach towards setting a foundation for success with ThirtyK.

What To Look Out For

Over the next couple of weeks, as we prepare to wrap up 2018 and kick off 2019, be on the lookout for a couple of in-depth blog posts. We will be publishing A Year in Review piece, recapping our highlights of 2018. Following that, we will be releasing “What to Expect in 2019” summarizing what we have in store for the year ahead.

 

Until Next Time,

The Constellation Team

 

 

Constellation Industry News Update 12/10

Dear Constellation Community,

Another week is upon us, and with it, lots of exciting news to share from the blockchain, DLT and crypto space. Read on for a look at the top news stories from around the web.


Tech News

Facebook Seeks Blockchain Talent for Five New Company Roles – The ads, for roles on the Facebook blockchain team, characterize positions as “technically” and “intellectually challenging” work, which “will have massive global impact.”

Blockchain startup raises $24M for digital rights management – Bluecoat is a blockchain company specializing in digital rights and royalties distribution. It’s funding is backed by notable personalities in the music industry.

Swiss Post and Swisscom to Develop Hyperledger Based Blockchain Platform – The two state-owned entities have come together to form a “simple, secure, and sustainable” platform for blockchain applications in Switzerland.

Crypto News

South Korea’s National Assembly to Engage in First Crypto Debate: Possible OutcomesOn December 10, South Korea’s National Assembly along with several members of the Congress are set to hold the country’s first official debate around crypto involving high profile government officials.

PayPal Rewards Employees Using Own Blockchain and Cryptocurrency – PayPal has created its own Blockchain-Based Innovation Reward System including a cryptocurrency token to reward employees.

Binance Tops the World of Cryptocurrency Exchanges with 51 Million Unique Visitors Monthly80% of visits are direct with an advertising traffic of 2% in total of all the volume. This also includes paid search traffic and traffic from advertising networks.

Investor News

Crypto Trading Platform ErisX Hires Serial Exchange Founder Matt Trudeau – The news comes a week after ErisX closed a Series B funding round that raised $27.5 million from firms such as Bitmain, ConsenSys, Fidelity Investments, Nasdaq Ventures and Monex Group.

Binance launches sub-accounts to service institutional investorsThe new feature will allow institutional account holders to create up to 200 subsidiary trading accounts under their main account.

How institutional investors are embracing cryptocurrency Institutional businesses are developing frameworks for their customers to interact with blockchain technology and digital currencies which are being recognised as permanent and viable alternatives to traditional assets and investment structures.

Institutional Investors Still Interested? Bitwise Releases Bitcoin and Ethereum FundsThe Bitwise Bitcoin Fund and the Bitwise Ethereum Fund are available in two share classes, Institutional Shares and Investor Shares.

Institutions Still Bullish On Crypto: Grayscale Owns 1% of All Bitcoin – Institutional players continue to express interest in crypto assets, making it more than palpable that institutions see immense value in cryptocurrencies,

Use Cases

Real estate blockchain set to go live in early ’19 – New York-based ShelterZoom is going live soon with its blockchain-based real estate offer-and-acceptance application; it’s one of several ways companies are testing out the distributed ledger technology.

Top US Hospital Considers Blockchain for Patient Data  – Researchers at Massachusetts General Hospital are working with MediBloc, a South Korean blockchain start-up, to find a way to securely store and share medical and patient data using the blockchain technology.

Chinese Internet Court Claims It Will Use Blockchain to Protect Writers’ Intellectual PropertyAn “Internet court” in Hangzhou in Eastern China will soon allow evidence logged on blockchains (or distributed ledgers) to be admitted in cases of alleged infringement on a writer’s copyright.

Coinbase CEO: Crypto in VR is the Next Big Application of Blockchain VR could become a tool to expand virtual payment technologies – participants could earn virtual money which they can take back to the real world and spend them like any other fiat money, taking virtual reality from a hobby or entertainment to a full time job or lifestyle.

That’s it for this week. If you have a minute, please take a quick moment to fill out the questionnaire below. Your answers will allow us to better tailor our weekly content output to include more of what you want to see!

Sincerely,

The Constellation Team



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Constellation Industry News Update 12/3

Dear Constellation Community,

It’s a new week filled with lots of interesting happenings in the space. Read on for a look at current news and stories related to blockchain and DLT from around the web.


Tech News

Newly Formed US Healthcare Alliance to Trial Blockchain for Improved Data Quality – Major U.S.healthcare companies have formed an alliance to trial blockchain solutions in order to improve data quality and reduce costs, hoping decentralized storage will keep information more accurate thanks to the system’s security and the ability to track all copies almost in real time.

Amazon Introduces Managed Blockchain and Quantum Ledger Database – Amazon announced a new fully managed service for creating and managing scalable blockchain networks. The project currently supports Hyperledger Fabric.

Can Blockchain Technology Save The Environment? – The World Economic Forum issued the Building Block(chains) for a Better Planet report in September 2018, identifying 65 existing and emerging blockchain use-cases that could repair some of the world’s global environmental challenges.

First Blockchain Smartphones Appear on the Market: Sirin Labs’ Finney Unboxed -The smartphone had a $157.8 million token sale and is endorsed by Lionel Messi, and features a built-in cold storage wallet and DApp ecosystem.

Investment Funds Network to Migrate Entire System to Blockchain in 2019 – Calastone, a founding member of the Linux Foundation-led Hyperledger Project, is shifting its entire system to the blockchain, as investors are seeking faster transaction speeds and transparency.

Crypto News

Swiss blockchain startups can now handle up to $100M – just like banks – Local cryptocurrency startups can now apply for a new license that would allow them to handle deposits of up to $100 million, a right normally reserved for banks – though strict regulations will apply.

Crypto exchange Koinex to diversify into blockchain solutions for fintech, govt – Unsure about the future of cryptocurrency in India, leading crypto-exchange Koinex is planning to get into blockchain solutions.

BitPay Implements First Major PoS Solution in Canada – A Canadian luxury jewelry brand has partnered with Bitpay to accept Bitcoin.

SEC’s Next Move: Social Media Influencers Who Promoted Crypto ICOs – According to the SEC, “Any celebrity or other individual who promotes a virtual token or coin that is a security must disclose the nature, scope, and amount of compensation received in exchange for the promotion”.

Bitcoin Is ‘Here To Stay’ Says Wall Street Boss Amid Crypto Rout – “Often times in finance, it’s not about being the best — it turns out to be about being the broadest and the most commonly accepted and for whatever reason bitcoin has become that.”

Investor News

Ohio tech funds to pump over $100M into blockchain startups – The state also recently became the first US state to accept payments for taxes in Bitcoin.

Bitmain Launches Crypto Index for Investors, Provides Data on 17 Digital Assets – The new price index has been tailored to institutional and individual investors alike.

Coinbase Launches OTC Trading for Institutional Investors – The launch comes in response to the increasing demand for OTC crypto trading.

Is Bitcoin (BTC) Being Accumulated By Institutional Investors to Cause Panic? – It’s been suggested that while individual investors or retail traders are selling in the crypto exchange market, the institutional investors are accumulating.

Use Cases

GM Patent Touts Blockchain As Data Solution for Self-Driving Cars – GM is also a member of Mobility Open Blockchain Initiative (MOBI), which aims to push innovation in the blockchain-auto space.

Can Blockchain Drive Growth In The Transportation Industry? – According to Craig Fuller – managing director of Blockchain in Transport Alliance (BiTA) – blockchain technology is ideal for deployment in the transportation industry.

How Blockchain can lead an energy revolution in Africa – Blockchain can change the face of renewable energy in Africa.

A review of 2018, a preview for what’s next: Blockchain in travel – Distribution, loyalty, identity and operations will be the top focuses.

Around The Web

Top 7 Blockchain And Cryptocurrency Books To Read – Because people need to understand crypto in order to fundamentally build and develop the ecosystem on all fronts.

What Is Cryptocurrency? “Jeopardy!” Features Entire Category on Crypto – You know crypto has become mainstream when a gameshow devotes a whole category to it.

That’s it for this week. While you’re here, please take a moment to fill out the questionnaire below so that we can better tailor our weekly content output to include more of what you want to see!

Sincerely,

The Constellation Team



Constellation Update – Token Distribution, Airdrop 5, The Blockchain University and Recent Events

 

Dear Constellation Community,

November has flown by, with exciting news and announcements happening back to back . Earlier in the month, our Engineering team hit a milestone with the stabilization of our Testnet, and we published a new token model favoring community and validator rewards. In the last couple of weeks, we spoke at events, hosted our first Ambassador on-boarding call, and announced a new partnership. We’re closing out the month and starting December by  finalizing documentation for node operators, a token distribution, and Airdrop 5. Read on for the details of all that and more…

Investor & AirDrop Distribution Announcement.

Today, the lock-up expires on tokens issued to certain purchasers in our pre-sale and TGE. This distribution has begun.  The distribution marks the momentum towards further liquidity as we near Testnet v2.

We’re delaying Constellation AirDrop 5 distribution until December the 7th.  Given it is the last AirDrop of the year we’re allowing a few extra days for community members to resubmit their KYC details. If you’re one of the stragglers check your inbox for an email reminder 😉

Ecosystem Observation with Mathias Goldman

There are a lot of unsung heroes at Constellation. Our VP of Finance Mathias is one of them.  He’s been active in blockchain since BTC was less than $3 and provides a wealth of knowledge from his traditional banking  background. Mathias goes into his past experience, role at Constellation as well as giving his insight and observations into the current market landscape.  Video below. Enjoy.

Recent Events

Scale By The Bay Talk

Scale By The Bay is the premier conference for developers, software and data engineers. Wyatt and Ryle spoke this year alongside the likes of Martin Odersky (creator of Scala) and Neha Narkhede (Co-Creator of Apache Kafka).

In their talk, “Optimizing Network Topologies with Monadic Execution Contexts”, Wyatt and Ryle discuss real issues in distributed systems recording data in an immutable append-only log in such a way that you cannot forge it. Check out the video below:

 

The Blockchain Society Conference SF

Earlier this week, CEO Ben spoke at a special conference exclusively for investors, regulators, corporate and blockchain thought leaders, hosted by The Blockchain Society’s Executive in partnership with  Deloitte. Later in the day, he also spoke on “The Future of Mobility Panel” alongside Chris Ballinger (CEO, MOBI) and Zaki Manian (Executive Director, Trusted IoT Alliance). Thanks to all who participated! 

Blockchain Coalition Advocacy Brunch

Earlier in the month, COO Altif was invited to brunch to discuss the regulatory concerns of the blockchain and cryptocurrency community with the Treasurer for the state of California in the United States, Fiona Ma. The event followed the recent election and was a unique opportunity to have in-depth conversations with policymakers and help shape the future of California’s blockchain economy.

Blockchain University Announcement

We are excited to announce that Constellation has partnered with The Blockchain University. We will be utilizing their blockchain certification platform to deploy the Constellation Ambassador Certification test.

 Check out our blog for the full announcement:

Constellation Partners with The Blockchain University

Community Survey

We’d like to get to know our community better in order to tailor our weekly content output.  Please take a few moments to fill out a quick questionnaire:

Constellation Community Survey

Running a Node

Our Testnet recently stabilized and we are finalizing documentation for node operators. Get a jump start on running a node by registering via the form below:

Register to Run a Node

 

Engineering Updates

  • Added the facilitator selection logic for partitioning and added the data model and data store to contain header data.
  • Now adding partition logic to the criteria for snapshot formation and beginning testing.
  • Have already added partitioned facilitator selection into our end to end test.
  • Working partitions in unit test (screenshots below)
Here we have peer address info for our different partitions:

Here we have statistics on our new header (signed observation edge) updates:

Upcoming Events

Developer Week, February 20-24th 2019, SF Bay Area, California 

Recent Articles

 

Until Next Time,

 

The Constellation Team

 

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