SparkleCOIN Is Using the Blockchain to Make Cryptocurrencies Accessible for Everyone 3 1447

Cryptocurrencies, along with the broader implications of blockchain technology, are poised to disrupt core pillars of our modern economy. By scaling adoption of these digital assets, we can sustain levels of accessibility, liquidity, and security that society has never before seen in a fiscal system.

SparkleCOIN, a hot blockchain startup, is on a mission to accelerate this shift by developing a platform to support and foster the rise of cryptocurrencies into mainstream business and consumer markets. At a high level, they do this through the creation of the SparkleCOIN ecosphere, a collection of companies that leverage the blockchain to solve for three of the biggest problems in crypto today: accessibility, consumer demand, and convenience.

Accessibility

One systemic problem plaguing the “crypto-economy” is the inaccessible nature of most popular exchanges. Without access to consumer insights, most new coin offerings never reach “true levels of liquidity” because they do not have sufficient market exposure. And even those lucky enough to time and negotiate the exchange correctly, are often unable to transact with fiat currency. These are both limiting factors that will delay, and in the worst case, prevent adoption of a decentralized monetary network.

Thus, the SparkleCOIN team has created the VCoin Exchange, a component of the Ecosphere, which resolves many of these issues by providing an “instantaneous trading platform for SparkleCOIN to be traded with US Dollars, as well as Bitcoin and Ether.” This lowers the barrier to entry for new blockchain projects and makes it easier for different parties to participate in this growing matrix.

Consumer Demand

Another big technical obstacle, stagnating growth, is that the mass market consumer cannot easily and conveniently acquire and spend cryptocurrencies. They are bounded by the supply of potential outlets to transact their capital, and therefore, are less incentivized to acquire the coins in the first place.

VCoinMall, another piece of the SparkleCOIN ecosphere of companies, enables customers to shop (and spend cryptocurrency) with a number of the biggest and most trusted online brands and websites. Massive players, like Walmart, Amazon, Bed Bath & Beyond, and Staples, are all bought into the network, effectively making it so any consumer can spend their currency wherever and whenever they like, without facing extremely high fees, security risk, and long delays. This “peer-to-peer e-tailer” is the first universal marketplace for customers to find retailers who accept cryptocurrency.

Convenience

The final, and perhaps most critical element of SparkleCOIN’s ecosystem, is the VCoin Exchange’s payment gateway which has the potential to become the Paypal/Stripe of the blockchain generation.

Currently, there are no convenient and inexpensive services which empower startups with the ability to accept cryptocurrency transactions. The modern, yet still friction-ful answer is to build out a cumbersome engineering organization that can, after thousands of lines of code, provide a work-around solution. This is inefficient, non-standardized practice is not seamless enough to scale and support a global economy. And, as startups are all about moving quickly, has prevented many companies from offering a cryptocurrency payment service to their customers.

With the VCoin Exchange integration, partner retailers can, in just a few taps, open their stores to begin accepting payments via cryptocurrencies. It hinges on their payment gateway, which automatically integrates with most, if not all, of the existing ecommerce platforms and networks. Rather than provide a bulky solution, SparkleCOIN focused on pillars of convenience and simplicity, which prioritize ease of integration to ensure all retailers will be able to quickly integrate. Over time, as major players begin to endorse this system, the VCoin Exchange plug-in will become the standard means of accepting payments due to network effects.

In today’s world, the benefits of technology are far outpacing the ability for society to keep up. There are tangible, solvable answers to many of the world’s biggest problems, yet we are lagging behind due to our inability to focus on what is really important.

SparkleCOIN, with the support of their growing community, is effectively bridging the gap between the benefits of frontier blockchain technologies, mainstream businesses (who run on legacy systems) and the general consumer public by “enabling secure B2B and B2C transactions.” This is an important step towards a fairer future.

Though SparkleCOIN’s efforts to introduce a blockchain monetary ecosystem may be just one, of the many necessary steps needed for society to begin embracing the benefits of blockchain (as well as other popular cryptocurrencies), it is important to recognize the inevitable effects of the first mover advantage. If executed efficiently, and at scale, SparkleCOIN could be able to secure key partnerships in the industry, thereby building a moat around their technology and solution for years to come.

This article was originally published on The Huffington Post on December 4, 2017.

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Starting her career on Wall Street at just 19 years old, Danielle went on to be one of the youngest equity traders in the industry. After a successful career in Financial Planning, she went on to found her media company What Vibes Your Tribe, which connects the worlds of digital marketing and public relations. Her experience in brand strategy along with successfully developing the thought leadership of C -level executives has played an integral part in her client's achieving prestigious awards such as Inc 500, Forbes Next Billion Dollar Startup, Entrepreneur 360 among other top level recognition.

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How a Thief Stole More Than $1M in NFTs on Instagram Comments Off on How a Thief Stole More Than $1M in NFTs on Instagram 405

A common use case for the blockchain is reducing fraud. Shouldn’t that mean it’s impervious to hackers? Not necessarily. Here’s how a hacker was able to amass more than $1 million in stolen Bored Ape Yacht Club NFTs.

For any of us that have received a nefarious link in our emails or on social media that encourages us to input private information, we’re already familiar with the logistics of phishing. A hacker sends us a link, usually under the guise of a brand or person we recognize, and asks for personal details like usernames, passwords, or bank details that aid them in assuming our identity or assets. 

It’s precisely what happened in the case of the Bored Ape Yacht Club hack which was announced on Twitter Monday morning. 

A hacker was able to take charge of the official Bored Ape Yacht Club Instagram profile, and sent a communication to followers claiming to be offering an “airdrop,” which is a term used to describe a free token giveaway. (Note: it’s not clear at this time how the hacker was able to login to the official Instagram, in the first place.)

Users were asked to link their wallet to benefit from the airdrop, which made their mobile wallet susceptible to the hacker and resulted in the transfer of multiple NFTs, presumably including four Bored Apes and a number of other NFTs minted by the Bored Apes creators, Yuga Labs.

The hack illuminates a glaring problem in the NFT market. Namely, MetaMask, the popular wallet application, only supports NFT display on mobile which is less user-friendly than the platform’s browser extension leading to mistaken transaction approvals.

What’s the solution for NFT holders? “MetaMask with Ledger,” according to Adryenn Ashley. “NFT holders need a wallet that gives them the ease of MetaMask with the security of hardware.”

The hack is a reminder that even though the blockchain has the potential to overcome fraud, users still need to be mindful of third party applications that manage their data. 

Serial Entrepreneur Lisa Carmen Wang Launches the Bad Bitch Empire Comments Off on Serial Entrepreneur Lisa Carmen Wang Launches the Bad Bitch Empire 565

While cryptocurrency has a notorious reputation for investment volatility, its adoption has marked one of the most significant shifts in wealth of our generation.  Last year, CBS reported that as many as 100,000 people may have amassed millions in bitcoin with many profiting from early adoption of the high profile cryptocurrency. When you zoom into where the wealth is distributed, though, the data is alarming. 

Recently, Entrepreneur published a list of The 50 Richest People in Crypto. On the list are individuals that made fortunes as shrewd investors and early technology adopters, but there’s one person that stands out. From this list of men from various parts of the world, Blythe Masters is the only woman listed reflecting a broader problem: women are consistently underrepresented in new technology sectors and the blockchain is no exception.

A survey by Pew Research found that more than 40% of men have invested or traded cryptocurrency, compared with only 19% of women. Moreover, half of women in STEM occupations have experienced workplace discrimination, further marginalizing the group from participation in emerging technologies. Fortunately, there are women actively changing the status quo.

As the founder of SheWorx, which was acquired by Republic in 2019, Lisa Carmen Wang made a career amassing resources for female founders and working to change the number of women represented in tech leadership. Now, she’s set her sights on leveling the playing field for women through financial literacy. 

“It wasn’t until I began investing myself that I really began to understand how to grow wealth,” says Wang. “Financial and investment literacy is essential to giving women a seat at the table, particularly when a sector is emerging and rapidly growing. Crypto is having one of those moments, and women need to capitalize on the opportunity in order to create systemic and meaningful change.”

Wang’s Bad Bitch Empire will be a community with a suite of educational and investment products beginning with a podcast about women breaking barriers and building wealth in Web3. According to the website, the “Bad Bitch Empire is the private crypto investment club for ambitious women who want to make our money work for us.”

High profile members include Lindsey Berg, Shannon Snow, Elizabeth Tan, Chi Achebe, Yael Streit, Katia Zaitsev, and Shaun Sager, to name a few. 

The BAD BITCH EMPIRE was unveiled at this year’s  Bitcoin 2022, the largest conference focused on Bitcoin alongside the podcast’s inaugural episodes. For more information or to request to join visit www.thebadbitchempire.com.

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