Nano iphone wallet is in beta.
Nano wallet that supports cross-chain payment is in beta, is coming soon.
Globally, there’s a theme of democratization of asset management under the current technology revolution, with lots of the money management power now decentralized in a way from institutions to investors as they are having more control on how to invest, according to Alvin Fan, director and chief executive officer of Oriental Patron Investment Management.
He says technology is changing the asset management business into something that needs emerging fund managers as technology development rages on the Chinese mainland. But, he admits that the adoption rate of technology in asset management is still in its infancy.
The current challenge for technology development, he believes, is that it’s a bit insular and only China centric and it has yet to speak to the rest of the world. It may need to build the technology to speak the same asset management language globally.
OPIM announced in September last year its strategic investment in Fundseeder – an emerging financial software company based in Florida, US – to help institutional investors link up with undiscovered trading talent and bring trader analytics and a trader talent search platform to Hong Kong and the Chinese mainland.
On the asset management side, Fan says they are exploring opportunities in blockchain and bitcoins, but will wait to see more successful cases.
Talking about markets, he says they do see capital moving into emerging markets like Vietnam, Thailand and India, as the Chinese mainland is cleaning up and the cost of production is going up due to manufactories moving out. Hong Kong occupies a unique position through its history as a financial hub, and it’s the first place where international investors will look at to access Silk Road assets and where central Asian countries which do not have deep capital markets will consider for funding.Fan came to Hong Kong and landed his first job at IBM doing project management from 2001 to 2003 after graduating from the University of Western Ontario. Then he pursued the MBA program at the same university from 2004 to 2006. After that, he moved to private equity and joined Oriental Patron Financial Group in 2009.
In terms of management philosophy, Fan says he relies a lot on technology in managing funds and believes that online is the key to the industry’s future.
For the younger generation aiming to enter the trade, he advises: “I usually tell my interns they must decide their own level of participation. It’s not about the job title, but your trade skill, your craft. Whether it’s speaking, writing, design or research or project management, working hard on your craft will allow you to add unique value to the firm.
He believes there’s opportunity in any sector of the financial world. It may take 10,000 hours to be a master of everything, so just “put in the hours” and concentrate on it.
Dear workers, miner sequence and offline reminder have been added. The background program of Nano pool has been optimized for a better mining.
Nano has released Pool 2.0, upgraded the pool and improved the hashrate curve of the pool to make workers a better experience. Happy mining!
Regulation will be needed in the brave new world of finance – but flexibility is essential to gain the full advantages of technology
Finance has a huge impact on the development of real economy. It can serve society, constantly improve people’s livelihoods, activate microeconomics and stabilize macroeconomics.
The history of the development of finance sector has involved continuous innovation in the finance sector. Financial innovation is highly related to technological development. From the historical perspective, the finance industry has always firstly adopted the latest achievements in information technology, and it is always an industry with high-tech content. Every innovation development in the finance sector is related to technological development. If we look at methods of payment, from establishments providing bodyguards to escort transactions for a fee, to bank notes, to checks, to bank cards, to ATMs, to POS machines, to internet finance, to mobile payments and Wechat payments … every step has been closely driven by technology, especially the development of information technology.
Fintech, internet finance, big data, cloud computing, blockchain and artificial intelligence – technologies that have been widely discussed – could be technologies that affect financial development. In 2016, there are 504 investments in the global fintech area, and total financing revenue in 2015 was $19.1 billion. In 2016 that reached $113.5 billion. In 2016, the financing revenue of Chinese fintech companies accounted for more than 50 percent of that of the global fintech companies, and for the first time surpassed that of the United States.
Whether fintech will replace traditional finance is an issue that has drawn wide attention from the global financial sector. Bill Gates once said: “In the 21st century, the traditional commercial banks would become a group of extinct dinosaurs.” I think traditional financial institutions that reject fintech will become history, while the new finance bodies that has adopt fintech will become the new players.
The essence of finance is the cross-space trading of values. In the best cases, finance can help cross-space resources to be allocated in the most efficient way. But in the real life, cross-space resource allocation is not done in the most efficient way, and barriers mainly lie in factors such as space restrictions, incomplete information, information asymmetry, high risks and high cost. The advantage of fintech is in breaking the barrier of time and space, enabling information to be better shared, reducing costs and recognizing risks.
So new finance should make best use of fintech and bring about a comprehensive transformation of traditional finance.
However, some people think if they register with some websites or build online platforms they will will be able to work in the financial business, which is a fantasy. If they think new finance doesn’t have to follow the rules of financial sector and can grow barbarously, that may not be finance. As for activities that are using internet for illegal fundraising or fraud, they are definitely illegal and should be banned.
In the best finance, where risks are regulated, the cross-space trading will boost the effective allocation of resources and make maximum profit. It will require the best financial solutions, financial tools, financial products, financial markets and financial organizations to help realize that goal.
So workers in the financial sector should understand the essence of best finance, follow the rules of the industry and then have freedom in this business.
However, new finance that is integrated with fintech faces a dilemma of regulation. On the one hand, workers in new finance would like the risk regulators to grant them credit and adopt them as an official part of the financial sector, but they are not used to the many rules and restrictions and tend toward barbarous growth. On the other hand, the risk regulators might either ignore the risks inside new finance, or strictly stick to the current rules without making adjustments. So at the beginning, there has been a lack of regulations and barbarous growth in new finance, which has caused many financial fraud issues, such as in the online peer-to-peer lending sector. Since 2016, regulations have been tightened but too-strict regulations could also restrict the longterm development of the fintech and new finance.
So both sides should work together to push forward the boosting of new finance. Risk regulation is needed to protect consumers’ rights and to fight against financial fraud. Workers in new finance should follow the rules of the financial industry and accept regulations, rather than trying to avoid them.
Meanwhile, financial risk regulation should be more professional, scientific and effective, otherwise it can not help fintech to be used to be best advantage in the financial sector or maximize the potential of this industry.
Risk regulators should put fintech under regulation. They cannot ignore it, or only see parts of it. They should also research the characteristics of fintech, learn about its rules and then make new regulating solutions based on its features and development rules. The regulators should recognize and encourage mature technologies to be applied in the financial sector, such as blockchain. They should also tolerate unsystematic risks in the early stages, and encourage industry associations to practice self-discipline and self-regulation.
All in all, new finance will require the regulators to adopt and tolerate new technologies such as fintech, which is an important trend. Both workers in financial industry and risk regulators should be aware of that and work together to boost the development of new finance.
The author is the secretary-general of the Asia Financial Cooperation Association, and former deputy president of the China Banking Association.
Brisbane Airport (BNE) will soon become the first cryptocurrency airport terminal,according to reports from local media. The airport is working with local and international companies to make the entire terminal cryptocurrency friendly, with stores, coffee shops and restaurants accepting Bitcoin, Ether and Dash.
Bitcoin Nano is an implementation of bitcoin snapshot fork.At the block height 501888 of Bitcoin, a snapshot of the Bitcoin block was taken, and a new cryptocurrency, Bitcoin Nano, was born. Based on Bitcoin, Nano has added a lot of features to blockchain network, and can lay deep ground in games, live broadcasting and other industries and jointly build blockchain ecology with more projects.
Bitcoin Nano mining pool 1：http://pool.btcnano.org/Bitcoin Nano( Earnings are settled once per block )
Bitcoin Nano mining pool 2：http://pool2.btcnano.org/ (Earnings are settles by each day)
Bitcoin Nano wallet and mining software downloadaddress：https://www.btcnano.org/download_cn.html
Bitcoin Nano block browser：http://explorer.btcnano.org/
1、Basic parameter settings (the official software parameters have been set, just change the wallet address)
The port number：3333
Username: Your Bitcoin Nano wallet address, eg.NfECt6aMduhsGH1dSE3n7CDJyt9suFdRCn
2、Login Bitcoin Nano official website to download the appropriate mining software：The first way is to use the official website software, and download the appropriate mining software according to your graphics chip type (AMD or NVIDIA)
After installation, set the Bitcoin Nano wallet address and click “start mining”, “boot” and “automatic mining” button to open. Official mining software default settings main pool:
The second way is to use third party mining software
Select the corresponding mining software to download and extract, modify the wallet address and machine number. The machine number is the name of mining machine, free to fill in. Right-click on the NVIDIA graphics card “Edit”, modify “start.bat” file .They are mining pool 1 setting and mining pool 2 setting.
Right click on “Edit” AMD graphics, modify “config.txt” file
After the modification is completed, save the file, click run “start.bat” (if you use miner.cfg miner configuration, parameters cannot be added in start.bat)
3、Mine monitoring site is http://pool.btcnano.org/workers/+ your Nano wallet address, for example
4、Bitcoin Nano balance can be checked by the blockchain browser, the website ishttp://explorer.btcnano.org/
Bitcoin Nano Light Wallet is online, let us download!
1.login Bitcoin Nano offical website, https://www.btcnano.org/，
click the “Download” button to enter the download page;
2. the download page: https://www.btcnano.org/download_cn.html，
Click the “Windows” button to download, currently it only supports Windows64 operating system, other versions will be updated.
3、Download and run the installation, select the default settings, click Next to continue
Default option, continue to the next step
Default option, continue to the next step
The first new wallet, choose the default option, continue to the next step
This is your seed, your mnemonic, is very important. You had better memorize it or record it on a notebook. It is your only voucher to retrieve the wallet, please keep well.
Next you need to manually enter your seed, click Next to continue
Set the transaction password,and do not forget it. Click Next
Bitcoin Nano wallet is generated, the lower right corner of the green light indicates that the connection with the server is normal.
Now we look at the location of the wallet address, click “Receive” you can see it!