Blockchain and Distributed Ledgers

Blockchain technology or distribution ledger technology revolves around an encoded and distributed database serving as a ledger where all the records of transactions are stored. Blockchain technology uses the core blockchain as an innovative database approach with a data model where digital token is utilized in each transaction update and verification's which has become possible across the specific blockchain network depending on the goal and the stakeholders. Blockchain technology and distributed ledger technology in practice is beyond the virtual currencies how blockchain works, applications, evolution, networks and business reality. 

People often confuse Blockchain technology with distributed ledgers. But one needs to understand that blockchain is a type of Distributed Ledger Technology. 

Blockchain vs Distributed Ledger Technology

A distributed ledger is a database which is spread across several nodes and computing devices. Each and every node saves and replicates an exact same copy of the ledger. Each node of the network updates itself independently. One of the most striking features of the blockchain technology is that the ledger is not maintained by any central authority and the whenever an update is needed, it is independently constructed and done by each node. The nodes vote on these updates for ensuring that the majority of the people agree with the conclusion. This voting agreement on a copy is known as consensus.

Consensus is an automated process which is conducted automatically by a consensus algorithm.  

Thus the distributed ledgers use separate computers for recording, sharing and synchronizing transactions in their respective electronic ledgers. Blockchain organizes data into blocks which are then chained together in an append mode. 
All distributed ledgers do not employ a chain of blocks for providing a secure and valid distributed consensus.  A blockchain is essentially managed by peer-to-peer networks. The data quality of the blockchain can be maintained by database replication and computational trust.

Hence it can be concluded that every blockchain is a distributed ledger but every distributed ledger is not a blockchain.

Assessment and Audit in ICOs

Thousands of business ventures have flooded the market and the fast-changing dynamics of the crypto market has made it difficult for the investors to pick the right choice for investing their money in the right initiative.   

So the major question which pops in the mind of an investor is the matter of reliability and the factor of credibility. The terms like accreditation, adherence to standards, user feedback and reviews, financial audits and opinions would come to play here and the investor would thoroughly investigate every aspect before reaching to a conclusion.

When it comes to building trust and partnerships, there are many perspectives one can opt for and assessments from an independent and a dependable third party auditor on the organization can provide a large degree of assurance to its users.

Initial Coin Offerings (ICOs) also promise huge benefits to its customers. An unregulated means of fund raising that has gained popularity in the recent past, ICO are similar to the IPOs where  a stake of the new business venture for raising money for the entity.

Why is Auditing and Assessment necessary in blockchain?

A survey conducted in January suggested that there were 1384 alternative coins and the number was constantly growing.  This has also resulted in the diverse utilization of cases and benefits of the technology which has the potential of affecting many individuals and the way of conducting of their business.

Security for ICO and cryptocurrencies is yet to gain the pace at which the ICOs are growing. Several cyberattacks have led to derailment of the investors’ confidence in the cryptocurrencies. There aen’t many regulations etc for now. Companies try to seek unfair advantage from this and they lack security plans and implements. For saving the customers from any sort of unnecessary risk, many organizations offer audit services and assessments particularly on ICOs and the virtual currencies.

By implementing a secured environment, it provides confidence to the customers and investors for conducting business.

Reputation System on Blockchain

Blockchain is an emerging technology which has opened up a plethora of ways for business ventures and has given a whole new definition to investment. It has brought up opportunities which were unimaginable a few decades ago.

Wiki Investment also wishes to utilize the benefits of blockchain technology and offer its clients a service like no other with its Kunocoin. Kunocoin are the Initial Coin Offerings offered by the Wiki Investment which boasts of many key features for the ease of investor, reputation is one of them.

It offers a new solution which leverage blockchain technology for maintaining high quality decentralization. According to social graphs, Wiki Investments mathematically models social network, time and contribution activities for building a decentralized reputation system which offer a chance of transforming the above items into every single users' reputation value.

All of us know digital marketing of any product or organizations is incomplete without having a reputation system in place. KunoCoin has a carefully crafted Reputation system which will make it easier for investors to do business with each other through this platform.

The higher the user’s reputation, the lower would be the transaction cost (or even free of charge), and it will also have more opportunities for being selected as trust nodes to participate in the consensus and yield better benefits.

The reputation system and incentive system effectively promotes the continuous engagement of business developers and users, and it also contributes to the construction of the business ecosystem. Business developers who are responsible for generating traffic are more likely to get high reputation values, and it will better their chances of being elected to a trusted full node.

Several technologies are used by Wiki Investment for maintaining the decentralization of the system. All these innovations make Kunocoin a more reliable and developer friendly platform. Kunocoin is the most feasible blockchain ecosystem which facilitates high-frequency micro-transactions and related applications on blockchain.

Real Estate Liquidation on Blockchain

Brace yourself for a revolution in the real estate sector

Real Estate is a growing market which promises immense growth. All the capitalists who wish to invest in something productive never shy away from investing in the real estate.  Blockchain technology and its application is another growing trend where investors are willing to bet big money. Wiki Investment is one such platform which merges the both to offer its clients a platform for global investment. Its first aim is to develop the world’s first real estate by securitization and crowdfunding using the virtual currency technology. By applying the blockchain technology, it aims to create world’s first real market for real estate securities.   

The first sign of movement is the growth of the business model which facilitates the transfer of ownership rights through blockchain technology, wherein the new securitizing model depends on the rising prices of real estate itself.  

Wiki Investment, an ever-growing and a realiable blockchain technology platform for real estate wishes to fulfill all the requirements of public. The company plans to create a completely decentralized real estate ecosystem where the people will be able to buy and sell property without much ado.

The revenue model of the company includes the securitization of real estate, commission income of the transaction where 5 percent of it is for crowdfunding fees and 3 percent is for liquidation securities brokerage commission.

No matter how eager you are to sell or buy your property, it can be a complex process which might leave you catching your breath. When a seller wants to liquidate real state of a substantial value, the asset would be placed on the market, advertised and when a buyer is found, it gets sold.

The company thus plans to rescue its customers from the cumbersome process and allow the sellers to tokenize their asset and liquidate that particular asset through a token sale within the platform. The tokens that the seller has collected can be exchanged and the buyer becomes eligible for owning a percentage stake in the property.

The closing costs, broker fee etc. gets eliminated this way. The process is rapid, thus it does not consume much of your time as well.

Direct investment in Blockchain

The growth in the cryptocurrency industry has triggered a revolution and has changed the paradigm of investment in general. The technology that cryptocurrencies use, i.e., Blockchain technology can be used for several purposes and business ventures are constantly striving hard to progress in this direction.

Direct Investment in virtual currencies is also a rising trend in the crypto sector where investors are backing the idea of direct investment. Direct investment refers to an investment in a foreign business enterprise which is designed for acquiring a controlling interest in this enterprise Direct investment provides capital funding in exchange for an equity interest without the purchase of regular shares of a company’s stock.

Wiki Investment also offer a feature of direct investment where the use of the blockchain technology enables investors from across the world to either set up or invest in a local business, without going through the cumbersome legal processes which dictate investment in the present day.

Experts have also compared the concept of blockchain similar to the concept of internet which was unheard of few years ago but today prospects of life without the internet seem a distant reality. They suggest, although blockchain technology is relatively new, it will become a part and parcel of the life in a few years. The investors who wish to expand their business and their horizons can rely on Wiki Investments as it facilitates direct in cryptocurrency itself and investment in companies creating, implementing and adopting blockchain solutions.

We aim to create a hassle free environment where cross-border investment can be easily facilitated. The mission of Wiki Investment is to collect information concerning global investment such as laws on investment and real estate which is important for vital start-up.

We also aim to provide information to the people all over the world at affordable prices. Moreover, it also wishes to contribute to Global Development by expansion of overseas transactions, promote cross-border investment, Real Estate and M&A investment.