The Real Decentralized, Secure and 100% Private Platform is Here to Stay

UTOPIA.
BETA PROGRAM


The Utopia ecosystem is the culmination of a multi-year effort by a group of technology enthusiasts dedicated to freedom of self-expression and privacy. We call ourselves the 1984 Group. Among us there are top-notch professionals in almost every IT field, such as cryptography, software, networking engineers and many more. This has been a long and challenging journey. After all this had never been done before! Finally, we present an ecosystem that will change the way the World communicates and handles financial transactions.

Utopia is a secure, decentralized ecosystem that utilizes unique peer-to-peer network architecture. There is no central server involved, meaning that there is no single point of failure that, if it failed, would stop the entire system from functioning. Your messages and files will never be stored on third-party servers.  Each user participates in the transmission of network data but only the recipient can decrypt the data. Advanced encryption ensures an interception-proof communication channel to all Utopia users.
While using Utopia, you can send personal messages or particulate in a group chat (both public and private), send internal uMail (email used only inside the ecosystem), send voice messages, share files with your friends, make financial transactions denominated in our own cryptocurrency called Crypton. All of this in total privacy.  Even better, while using Utopia you will be earning Cryptons through a process called mining which does not slow down your computer. There is nothing more satisfying than using your favorite software and earning simultaneously.
It is important to note that Utopia is not a whitepaper, some abstract idea or statement of intent. This is a fully functional software product ready to be used. This makes Utopia a one-of-a-kind decentralized ecosystem with no true alternative or comparison. Key Privacy features of the Utopia ecosystem:   A truly decentralized peer-to-peer ecosystem with no point of failure
Interception-proof advanced encryption based on elliptic curves.  It cannot be banned by internet censorship.  No third-party software is involved, all tools are available within the Utopia ecosystem.  No-one collects your data such as Chat messages, Emails, IP address or Geolocation.  Local storage is encrypted by 256-bit AES protecting all of your data, history and settings


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Send and receive instant text and voice messages.
Take advantage of uMail - a secure alternative to classic email.
File transfer of any type is supported and is fully secure.
Express your emotions, moods and feelings using original stickers, and a wide choice of smiles and emoticons.
Financial functionality can be found in Utopia's built-in uWallet. Make and accept payments denominated in Utopia's own cryptocurrency called Crypton, accept payments at your website, pay by Crypto Cards without revealing your Public Key or bill fellow Utopia users for your services. All of this while remaining anonymous.
Utopia rewards users that support the ecosystem through Mining by emission of new Cryptons. When you run your Utopia software or bot you will receive your share of a collective reward. Mining does not slow your computer down and is environmentally friendly. You may also run a number of bots at several servers or computers to multiply the Crypton mining speed.

CRYPTON CRYPTOCURRENCY

Crypton is an integral part of the Utopia system. All financial transactions within Utopia are denominated in Crypton.  Cryptographically secure. Cannot be manipulated by any organization or government Safe for merchants. Transactions in Crypton are final and cannot be reversed A merchant interface is readily available Freedom of payment. Send and get money anywhere in the world at any given time You are in control of your money. There is no 3rd party with the authority to block your wallet Confidentiality. Your transactions cannot be viewed by others Cost-efficient. Transaction fees are at a bare minimum Mining. You can earn simply by using Utopia with no effect on your computer performance.



HOW IT WORKS


The Utopia Beta Program is enabling enthusiastic individuals to participate in the Utopia project prior to its official release in 2019.
Participation can take a number of forms which can be broadly characterized as beta testing, various forms of promotion, and support to fellow users. You may choose one or several roles. Each activity within a role will be rewarded according to what was done.
Utopia is made for users such as you. You are the ones who determine the direction of our future development and the Utopia Beta Program is your influence tool. To further motivate our users we pay rewards from our own funds and donations collected from the general public.

REWARDS
We truly believe that your participation has to be exciting and mutually beneficial. Utopia Beta Program rewards your enthusiasm, commitment and dedication. No matter what is your skill set you will find an opportunity to contribute to Utopia P2P Project development. This is your chance to participate in the technology you admire while realizing financial gains.  Literally, every action that you do will be rewarded. We are so confident in your expertise that we pay rewards from our own funds.  Rewards are paid depending on the model that you have chosen and your effort. The more time you choose to dedicate to Utopia, the more you earn. Please do not forget about quality. Reward is a subject to high quality work.
This is simple: You make an effort, we review the report and reward you.


THREE WAYS TO EARN


As a Beta Tester you will get Utopia for real testing. The more quality reports you will submit, the more rewards you will gain.   As a Contributor you will drive users to the world of Utopia using forums, blogs and other resources. Your reward will depend on the level of your participation and effort to assist others along the way.As a Promoter you will spread the word about Utopia. Rewards will depend on your creativity, effort and results reported to us.  PAYOUT  Please report every achievement along the way and gain from being part of the future. You can withdraw earned rewards to Bitcoin



for more info visit Utopia and download the platform here


Walmart Stable Coin.

Banks Stopped Walmart Bank, 
Now the Retail Giant Hits Back With Crypto.

On August 1, it was discovered that the giant retail corporation Walmart 
has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of Walmart’s retail scope as well. Walmart’s patent follows Facebook’s recent Libra announcement and the ‘Walmart coin’ specifications are similar to the social media giant’s project as well.


Walmart Files Patent for a Digital Stablecoin Back by USD.
Big-name corporations have been announcing the creation of their very own cryptocurrencies and the news has been a hot subject within the crypto community. It all started on June 18 when Facebook announced the launch of Libra, a stablecoin that will be available in Messenger, Whatsapp and as a standalone app, with the company expecting to launch the product in 2020. However, Facebook’s project riled up politicians and immediately got regulatory pushback from worldwide leaders and threats from U.S. congressional members.
Walmart’s U.S. patent #2019023656
Now Walmart is stepping into the ring to test its own blockchain technology as the company has filed a new digital currency patent that describes a stablecoin backed by USD. Walmart’s coin, if developed, could be easily be tested at its 11,368 hypermarkets, department stores and grocery clubs located in 27 countries. The Walmart coin was created by Robert Cantrell, David Nelms, John O’Brien, and Brian McHale. The patent’s abstract description states:

“[The] method includes: generating one digital currency unit by tying the one digital currency unit to a regular currency; storing information of the one digital currency unit into a block of a blockchain; buying or paying the one digital currency unit.”

“The digital currency may be pegged to the US dollar and available for use only at selected retailers or partners. In other embodiments, the digital currency is available for use anywhere. The digital currency can provide a fee-free, or fee-minimal place to store wealth that can be spent, for example, at retailers and, if needed, easily converted to cash,” Walmarts filing adds.
Walmart Coin Aims to Help Low-Income Households That Find Banking Expensive
A closer look at the filing shows that the Walmart coin concept offers a number of features like “pre-approved biometric (e.g., fingerprint or eye pattern) credit” and could store a user’s transaction history and give loyalty points. Much like Facebook’s Libra, the coin produced by Walmart aims to help low-income families worldwide. “Using a digital currency, low-income households that find banking expensive, may have an alternative way to handle wealth at an institution that can supply the majority of their day-to-day financial and product needs,” the Walmart filing details. “In some embodiments, retailers may be directly to aid organizations for assistance that may be used to provide goods. Retailers may tie into assistance that can provide vehicles or funding for vehicles to get goods to customers when the customers do not have sufficient mobility otherwise,” the patent reveals.


Is Walmart Coin the Corporation’s Second Attempt to Become a Bank?
The news comes years after Walmart attempted to become an industrial loan company (ILC) but got pushback from politicians and regulators. Bankers and anti-Walmart groups forced politicians to pass laws to stop Walmart in its tracks from opening bank branches. Because of the opposition, Walmart’s application filed with the Federal Deposit Insurance Corporation (FDIC) never gained traction.
Credit to Jamie Redman

Iran Embraces Crypto to Circumvent U.S. Sanctions


The Iran economic commission has approved a cryptocurrency mining regulatory mechanism. This is according to an announcement made by the nation’s Chamber of Commerce. The long-awaited framework is set to be tabled in parliament for formal consent and ratification as a law.




The Iranian government is slowly embracing cryptocurrencies which are now being seen as a viable means to circumvent crippling sanctions imposed by the Trump administration. This is following the U.S. government’s unilateral withdrawal from the Iran nuclear deal.
The U.S. instigated embargo prohibits companies registered within its areas of jurisdiction, countries such as China, and those within the E.U. from dealing with Iranian firms. The United States administration has also pressured international financial networks such as SWIFT to block the country from their systems.
The United States government has demonstrated its intransigence on the matter by slapping some major multi-national companies with sanctions. Zhuhai Zhenrong Limited, a Chinese state-run company is among the latest casualties. This latest development has drawn some bellicose remarks from the Chinese authorities amid escalating tensions. 
Such actions have forced some organizations such as the E-3 nations to develop an independent financial mechanism that connects to the Iranian economy. The system, however, also has its drawbacks.
Dubbed INSTEX, it was jointly developed by Germany, France, and the United Kingdom and was recently proclaimed operational. The U.S. has already threatened to place sanctions on countries involved in the project.  
To solve such issues, Iran is reportedly developing its own cryptocurrency which is said to be backed by gold. According to local news outlet Mehr News, the network is set to be launched soon.
Of course, there are some considerable hurdles to overcome for the country to successfully use cryptocurrencies for trade. As in the Venezuelan situation, a rising inflation could suppress the benefits. Recent statistics estimate the inflation rate in Iran to be around 50 percent.
In many related cases, the general populace tends to use cryptocurrencies such as bitcoin as a store of value and not as a medium of exchange. Lack of technological know-how also slows down adoption. 
That said, however, the Iranian populace is increasingly embracing cryptocurrencies. Subsequently, peer-to-peer platforms such as LocalBitcoins are gaining popularity.
Its crypto mining industry is also taking off due to the abundance of cheap energy resources. Miners from countries such as China are flocking in to take advantage of low energy costs. The electricity consumption price-rate in Iran is currently at about $0.03 per kilowatt-hour.
Iran is looking to regulate the crypto mining sector and have miners contribute to the local economy. A proposal to charge export rates is already being considered. 
Details of the just-approved mining industry framework have yet to be released.

Full Credit to ELIZABETH GAIL