Blockchain is here to change the enterprise game… I have known it, industry leaders are starting to get it, but the general public is completely oblivious to it… unless they are a part of a certain group right here with me You at home watching this episode, you are not the general public You’re the BCleaks army & if the blockchain tentacles are growing within enterprise once again We’re gonna find it first because it’s time for Chico Crypto! One of my best ALTCOIN calls, from under a dollar… when I first covered it in July To over 630 bucks as of yesterday! That is fierce, and that is a bullish chart What coin is it Well of course it’s the Sora Network, XOR… And just for proof here is my video covering it July 16th for the first time discovering the news of polkaswap and soramitsu… and then a week later, after I understood the boolishness, covering it again, including the design with hyperledger IROHA Well guess what! CEO and Co-founder of Sora, Makoto Takemiya, just spoke last Thursday at the Build Web3 Together virtual conference on the timeline of Polkaswap, and this is what he had to say!
So the initial Launch is coming extremely close if they run into no problems, it was possible within a week to 10 days And then, if you look at the architectural design of polkaswap you get the bullishness It’s connected to Polkadot, through a parachain slot polkaswap design picture Which, if you saw 2 weeks ago, Test Parachain Auctions & Crowdloans launched on the Rococo testnet! Polkadot announced it Once things go smooth on the TestNet then parachains will launch on Kusama and then Polkadot So, is Polkaswap going for a parachain on both Polkadot & Kusama Thus having a kusama mainnet deployment sooner than later Well with the Sora Network blog titled “SORA Network Parachain for Polkaswap Intro” the team said “The SORA Network, which is the network that Polkaswap is being built on, plans to obtain parachain slots for Kusama and Polkadot” But let’s just replay what Makoto said, he didn’t speak of a parachain or paraauction… Makoto spoke of polkaswap being implemented as a set of Substrate pallets This is big You have to understand the design of polkadot and kusama projects to understand why Substrate is the custom framework for developers to easily build custom blockchains with plug and play features through FRAME pallets They can combine and compose multiple pallets to create their blockchain runtime Thus, Polkaswap being a pallet means it’s ready to be plugged into other parachains And this Blog from another Polka project, smart contract parachain moon beam shows what I mean Moonbeam said in the section “Substrate’s pallets provide DeFi and smart contract primitives” ”Beyond Substrate’s own pallets, the interoperable Polkadot ecosystem will enable Dapps on Moonbeam to utilize other parachains’ decentralized finance DeFi tools, such as Acala’s aUSD stablecoin, Chainlink’s oracles, Polkaswap’s DEX and much more” Polkaswap, will be an integral pallet, that many projects will use like Centrifuge, plugging in the polkaswap pallet, thus connecting Centrifuge and its Rad token not only to swapping within Polkadot and Kusama’s ecosystem’s but Ethereum’s too So Sora Network, and it’s first palatable application polkaswap is looking to be a key piece for DeFi projects, cryptocurrencies within Polkadot and Kusama But, let me say this, Sora is key to Polkadot and Kusama itself because of it’s work on CBDCsC Central Bank Digital Currencies Bakong, was created in collaboration with Soramitsu and the National Bank of Cambodia
Hyperledger put out a throughout case study in 2020, which explained it was the first retail payments system in the world using blockchain technology, and the first and only large-scale quasi-CBDC in production, which expanded across the country of Cambodia throughout 2020 Which it has, according to the Bakong commercials across the Cambodian airwaves… Stop right there… as we can see Bakong is integrated into the 17 major banks across Cambodia, including their #1 and #2 banks by assets Acleda & Canadia Mission success and that success is being recognized Just 3 days ago, the Soramitsu twitter tweeted “It’s here! Our Japan Financial Innovation Award for Development of Central Bank Digital Currency “Bakong” in #Cambodia has arrived in our offices! Yes, the JFIA a prestigious Japanese Financial award was given to Soramitsu by Japanese Authorities and then I’m sure you probably noticed Filecoin’s recent surge It went from 27 bucks early February to over 190 here recently An over 600 percent increase in under 2 months, which puts Filecoin with an over 11 billion dollar market cap Why am I bringing this up Well let’s just go to Soramitsus website, with their projects listed Of course they hail Bakong, but scroll down there is Fuhon, and the team says Filecoin has announced two additional implementations of the Filecoin protocol: forest – being implemented in Rust by ChainSafe, and FUHON – being implemented in C by SORAMITSU Which yes, Filecoin did announce this, with this blog in January of 2020 diving into the collaboration with Sora And by the way, Chico loves Airdrops, and XOR holders are getting the BIG VAL one very soon… Now, let us just revisit, what I said was gonna be big last week The EEA, enterprise ethereum alliance virtual meetup I posted this video Ethereum Enterprise is going to be dominated by this coin, and covered the meetup with the likes of Marley Gray Microsoft and Kyle Thomas, Provide Unibright’s right hand team
Remember they come together as one to create the baseline protocol… Well that meetup happened, and from what I can find it wasn’t recorded but like I said it was BIG with alpha leaks Jack of Unibright tweeted the meetup and a link to it live Well a Prior UBT replied to it with screenshots from the meetup As we can see, they posted the baseline roadmap, of course they began with CONA bottlers for Coke, and it shows the stats of the program 650m in tokenized invoices, 100m per year in operation cost savings, and a 97 percent reduction in disputes But the roadmap continues into 2021 next customer for baseline, is service now, then microsoft, then Ernst and young, next google, then accenture, and they end 2021 off and begin 2022 with Target Baseline, Provide, and Unbright and beyond is infecting these corporations and their processes I found a slide, Prior UBT missed, and it was the use cases of baseline Far reaching, supply chain, procurement, operations, IOT, finance including DeFi, and finally workforce But there is one, specific use case category, which I see fitting right in their summer roadmap partner Microsoft That is Tokenization… why do you think Jack of Unibright is tweeting about Tokenization and Unibright here recently He said “Sometimes I watch “old” UnibrightIO video’s
This is still one of my favourites and shows how much value #Freequity can offer tokenization Looking back at the UBT/Provide design for baseline, just after tokenization and into DeFi, you have what Jack was tweeting about Unibright’s Freequity platform… So my friends of the BCleaks army Page 3 of Congecko is where UBT and XOR reside Close to eachother Each dominating their respective areas CBDCs and Enterprise adoption Undervalued much Chico thinks so cheers I’ll see you next time!!