Razormind Targets Ethereum by Crowdfunding DeOS Blockchain on July 15

By July 12, 2016Bitcoin Business

Ethereum’s rival Razormind has released details of the crowdsale for their DeOS tokens ÐEOS, the platform provisioning currency which begins this Friday July 15 at 12pm GMT.

The ÐEOS tokens can be used to register smart assets, register identities, submit smart contracts and further down the line they will be able to be used to purchase decentralized storage. Confident of security

The company must be very confident of the security and potential of their blockchain and smart contract token based project to go live with this so soon after the problems which have hindered Ethereum’s progress, beginning with their DAO experiment .

Having the DeOS platform built and working two years ago after their feature on ‘Let’s Talk Bitcoin’ Episode 177 they opened DeOS for the ‘Proof of Concept’ stage for 1 month. People had access to the platform, a full desktop, and office. At this stage they had 27,000 daily active users; so they know it works and scales and I believe this has a big part to play in the confidence they have in going forward to the next level. This time around their focus is on smart contracts, a safe public blockchain free for business or personal use.

They say they are a Blockchain firm who build banking use-cases and claim to have over 30 proven built banking use-cases for Blockchain projects delivered through the financial industry, targeting specific pain points. The company are building these for “signed” banking clients around the world. Razormind’s CEO Jawad Yaqub shared with Cointelegraph the details of the crowdsale.

CoinTelegraph: So when does the crowdsale go live Mr Yaqub?

Jawad Yaqub: The crowdsale starts on July 15th, 12:00 PM GMT. The DeOS crowdsale is supervised by the Omni Foundation . They have access to all transactional information, with their executives serving in […]

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