DoshEx, the Johannesburg-based developer of tokenised ecosystems and exchange, has formally launched following the listing of two virtual assets by two financial service companies.

The digital tokens registered and listed with DoshEx permit these pioneering enterprises to transfer value to third parties in a fast, cost-efficient and transparent manner that delivers built-in fraud protection and client peace of mind as all transactions are blockchain-enabled. Transactions logged on a blockchain are cryptography-based and tamper-proof, a key factor behind the growing international appeal of tokenized ecosystems. A third ‘tokenized economy’ is scheduled to list on the Bryanston-based exchange in the fourth quarter of 2018.

Each ‘tokenized economy’ meets unique industry needs while various reasons drive the use of these digitized assets. DoshEx, a self-funded exchange and tokenization specialist, is led by a group of South African entrepreneurs and businessmen and offers a range of services, including:  conceptualization and development of tokenized solutions, customized to the unique needs of major corporates and others; safekeeping of funds through ‘cold storage’ in cold wallets, totally isolated from online networks and safeguarded through multi-signature security systems, reducing any single-man dependence and vulnerabilities; design and deployment of blockchain-enabled solutions; exchange listings on DoshEx; design and roll-out of fit-for-purpose tokenized ecosystems, with integration to traditional financial systems for ease of use.

DoshEx CEO Alex de Bruyn commented: “We took the exchange live in August and are now ready to follow up with the public launch of tokenized solutions. “Although globally proven, tokenization is still a relatively novel concept in South Africa, but we could not have hoped for a better response to our market offering, as indicated by the signing of three great customers and the delivery of our first two tokenized solutions.

“Early adoption requires a vision and a keen awareness of the benefits that accrue when instantly verifiable and automatically triggered transactions are concluded via a blockchain.” He added: “Financial service organizations have been quick to appreciate the benefits of a DoshEx listing, but awareness is rapidly growing across other sectors.” International experience indicates that tokenization spurs the further development of loyalty programmes, though the loyalty industry represents only a small fraction of the potential customer-base.

De Bruyn said major retail groups and quick service restaurant chains are well positioned to achieve efficiencies and reinforce ‘sticky’ customer relationships through the creation of tokenized ecosystems on a blockchain. Many organizations, according to the DoshEx CEO, are attracted to token-ecosystems simply because of their proven ability to slash transaction and record-keeping costs, with the benefits especially attractive to large organizations that draw on extensive supplier networks and serve wide-ranging customer groups.

DoshEx services are supported by an in-house team of blockchain developers and business process professionals. De Bruyn noted: “Feedback from potential DoshEx users indicates tokenization is increasingly seen as a tool for leveraging corporate growth and an essential building block for businesses with international ambitions. “Tokenization creates instant global reach. Cross-border remittances cease to be a constraint or a hassle-factor for customers.

Transaction efficiencies across the supply chain are also considerable while major companies are impressed by the instant auditability of blockchain-generated records – an important consideration as corporates review internal controls in light of recent accounting failures.” Though corporate interest continues to pick up, De Bruyn foresees no immediate capacity constraints. He commented: “We anticipate high future demand for tokenized solutions, but we’re confident we have sufficient capacity within our current structure. However, local skills are scarce and extensive blockchain and cryptography training is hard to come by. This could become a constraint, but not for some while yet.” 

About DoshEx:
DoshEx is a South African company pioneering the local development of crypto-tokens. Related DoshEx products and services include tokenised solutions for corporates and SOEs, safekeeping of funds and the design and deployment of blockchains. This digital exchange is the brainchild of a group of entrepreneurs with a background in payments and crypto-currencies. Among the innovators is Alex de Bruyn, whose entrepreneurial credits include the launch of Waxed Mobile Payments. (He was co-founder.) De Bruyn is young, articulate and passionate about the tokenised future. He is also DoshEx’s media spokesman.

Website: www.doshex.com
Contact: Alex De Bruyn
Tel: +27 11 468-5236

The digital coin has revolutionised the world of finance. Designed to be transferred digitally between counterparties, cryptocurrencies are well suited to investors who are keen on technology and the currency markets.  But what about the ‘lay person’?  Many of us don’t know what cryptocurrency is and if there is a future in it.

Daniel Kibel, Director of CM Trading gives us some insight into cryptocurrency.

“The definition of crypto is ‘something concealed’ and that is exactly what we are dealing with here, cryptocurrency is just that – it is virtual and as such it is very difficult for people to get their heads around.  We are so used to going to the bank for our money and trading in shares that have a tangible asset behind them, but crypto has turned this all on its head. 

“Cryptocurrency is not regulated as yet and everything is hidden and controlled by the users.  We are dealing with digital currency.  As this is such a foreign concept to most people, we have initiated a specific cryptocurrency trading programme to provide the correct support and guidance to the trader to ensure that they are aware of the highs and lows of investing in this exchange.

“While digital currencies - such as Bitcoin - are most certainly the future of trading and even eventually of banking, it is important that people understand the intricacies of the resource before you delve in. 

“If we look at the very basic and probably one of the first virtual currencies – the electronic wallet – it has taken years for individuals to understand the advantages of using this method of payment.  Families in South Africa no longer have to send cash to their loved ones over the border, they just use electronic money and even grandparents, with a phone, have access to funds - it is a whole new world and it is working!

‘’Investing in cryptocurrency is similar to any other investment and money can be made daily when trading correctly - once the potential investor is aware of that, the more return they will see.  The concern with investing in any cryptocurrency is the unknown; which is why it is so important to have a partner that knows the market and has access to the latest prices and the latest trends.  Most significantly, it is important that the investor themselves understands the market and what they are getting themselves in to. 

Depending on the cryptocurrency you choose – and the public is spoilt for choice - Bitcoin, Dash, Buzzcoin, Gincoin, Criptoreal, ETH and hundreds more -  each has their own investment value.  Some offer initial investments as little as 10 cents (but then the returns are much lower), to thousands and then to hundreds of thousands, therefore one can see how important it is to understand the market, otherwise the losses can be just as big as the profit.  Don’t try and do it yourself! CM Trading provides a reliable information source for potential investors through their unique software solutions and by providing free webinars, training videos, technical analysis and e-books.

 “Cryptocurrency is the future of trading, it is the future of currency and traded responsibly and with the right guidance could result in a nice nest egg, but it’s important to do it responsibly,” concludes Kibel.

General Cryptocurrency facts:

Bitcoin (at the time of writing this article) is currently trading at R107 298,81 for one Bitcoin.

Bitcoin is illegal in seven countries including Iceland; Vietnam; Bolivia; Russia; China. 

Cryptocurrency is not issued, endorsed or regulated by any central bank.  It is created through a digital process known as mining. 

Mining is the process by which transactions are verified and added to the public ledger known as the block chain.  Anyone with internet access and the correct hardware can participate in mining.

For everything you ever wanted to know about Bitcoin and cryptocurrency, look no further than CM Trading.  The expertise, advice and guidance that is provided by this leading local and international online trading company is unparalleled.  From the novice to the experienced investor, CM Trading is the ideal online trading solution. 

Anyone interested in more information about cryptocurrency or want to start trading can contact CM Trading on www.cmtrading.com or email This email address is being protected from spambots. You need JavaScript enabled to view it..

A new, digital asset exchange – ChainEX – has been launched on the world wide web. 

“ChainEX is the only digital asset exchange that provides a platform for South Africans to buy, sell or trade up to 20 different digital assets - using the South African rand as the default fiat-buying currency for some.” 

Director Otto Lessing said ChainEX’s mission is to provide a world-class platform to benefit every South African by providing them with easy access to global crypto markets. Recent statistics, he said, indicated that SA topped the list of countries with the most Google searches for the cryptocurrency Bitcoin. Slovenia is second, followed by Austria, the Netherlands and Australia. Bitcoin is also the most searched term on Investopedia, the world’s largest financial education website. 

ChainEX is playing its part in meeting the world’s ever-increasing appetite for cryptocurrencies, said Lessing. “The increased interest in cryptocurrencies comes as no surprise as more and more people are looking to get involved in this exciting opportunity.” After starting 2017 at a market cap of USD17.7-billion, according to CoinMarketCap, he said the value of the cryptocurrency market surged by more than 1 200 per cent during the course of the year. However, he warned, the increased amount of interest also had a downside. “Digital asset exchanges are increasingly struggling with the massive influx of users, which results in them experiencing frustrating delays when trying to access or transact on the platforms. “ChainEX strives to alleviate this problem by providing a trading platform that is secure, user-friendly and reliable with a well-tested, highly scalable matching engine.” 

Plans include expanding its asset base by introducing more digital asset currencies to its trading platform, thereby providing South African users with a better experience and more exposure to the world of cryptocurrencies. “There is also a possibility to present a platform to South African-based companies where their newly launched ICO (Initial Coin Offering) tokens can be traded on,” said Lessing. 

Visit www.chainex.io for more information.

Louis JR Tshakoane, the founder and President of Undercover Millionaires Currency has come under a lot of pressure in 2017 from his competitors and investors. Beefing with FOREX trader Andile Mayisela in the Daily Sun to question marks being raise by some of his 25000+ odd investors of the UMC crypto-currency.This article is dedicated to looking deeper into his legitimacy as a South African entrepreneur. He came under fire when many viewers of VUZU TV saw his lavish lifestyle on national reality show Rich Kids at the end of 2016.

After the launch of his Crypto Currency during April 2016, business for him began to boom. With a massive following of 1,500,000+ media followers glued to his every Facebook and Instagram posts.Since Bitcoin has become a craze in South Africa many people have taken interest in the FOREX market with traders such as Jason Noah of FOREX KINGS and Jabulani "Cashflow" Ngcobo who are well known for hosting training sessions and seminars charging the public to learn how to trade. Other prolific traders who have also come under immense pressure over recent years include Prince NRB, Ref Wayne who also founded his own Crypto-Currency called Pipcoin in early 2016 that is no longer functioning or tradable. Sandile Shezi the self proclaimed Millionaire and founder of Global Forex Institute has also taken jabs at other forex traders with much less ethical ways of doing so in the fear of competition as seen on his many Instagram feuds with Ashley Hastibeer of GoForex. Sandile Mantsoe, Trillion Dollar Legacy Binary Options Forex Trader who infamously killed his Girlfriend is now facing life in prison and has given the trading circles a bad reputation for the fast life.

Louis-Jr Tshakoane travelled around the world from South Africa to Dubai and London preaching the gospel that his UMC crypto-currency can make them Millionaires. Many of whom his followers are so on paper. Since the currency price is based on supply and demand. Withdrawals have slowed down once he began touring the world. Non the less that has not stopped his string of ground breaking announcements that he claims will prove to many critics that his 100% legit and above board. During some seminars I attended in 2017 he even showed audited financial statements of the company boosting in the millions all paying taxes.He has announced a game changing idea around UMC which he calls Undercover Millionaires Cellphone Network (UMCN). An official Mobile Virtual Network (MVNO) which is competing against the likes of Sir Richard Branson's Virgin Mobile and Smartcall. Images and flyers are fast spreading on the streets and social media pages of a new sim card powered by his crypto-currency offering 40% more value for all airtime and data purchases. Meaning when one buys R100 of data they get a bonus R40 of airtime totalling R140. And when a customer or UMC member buys data of 1GB they get up to 500 Mb free. Louis Jr Tshakoane claims his holding company Undercover Billionaires has a strong partnership with Cell C providing him with this superior advantage over the rumors spreading around. The sim cards will provide a much needed sustainable financial upgrade for his currency as members also earn crypto whenever they call. His subscribers have to select a monthly package of airtime and data starting at R150 per month in order to keep their crypto accounts live.

He has been named many things including a fraud, con man, scammer and much more by a handful of disgruntled investors who claim he ran away with their money. All of which he says are people who lack patience and understanding of what they invested in. "I always tell people in my seminars that today's people especially South African's suffer from RDS "Research Deficiency Syndrome". People tend to run after get rich quick schemes like MMM and Kipi thinking they will become millionaires by earning perpetual monthly returns of up to 75% per month like on platforms such as MYLIFECHANGE24/7 which seized to pay its thousands of investors after only 3 months of operating its faceless brand. I put my face and my fathers name on my brand because we 100% legit. I know many of my members expected things to be matured by now but thats not how the game works. In FOREX or CryptoCurrency to avoid risk you need to exercise patience. It has been a challenging 2 years trying to build momentum for UMC. We saw it explode in popularity amongst both the elders and youth then it slowly declined in demand because of insecure individuals and competitors spreading false information and fake accounts using my pictures, labelling me and the currency. It is high time in 2018 that people will realize my original vision. We were waiting for our mobile license to be approved and that took longer than expected.

Our crypto currency UMC is backed by bitcoin, gold, silver bullion and our airtime and data business model. We are 1000% sure that through the 40% discount on all mobile services we will have the cutting edge over the critics, actions speak louder than words.Louis Jr Tshakoane managed to win the hearts of the people around the world with his inspiring story of how he wrote a letter to his mentor Sir Richard Branson when he was 16. Telling people that he loved the letter so much that he physically came to South Africa to donate Virgin Active gym equipment valued at more than R2,5million. He then worked for companies such as Lamborghini Johannesburg and UBS Swiss where he learned from millionaires about the international financial markets.My verdict on this issue is still up for debate kindly leave your comments below on what you think will happen next on this young man's entrepreneurial journey of creating Africa's first "viable" digital crypto-currency.

Now let us explain what Bitcoin Mining is all about. Everyone who uses Bitcoin becomes part of the bank of Bitcoin. Miners use special software to solve mathematical problems that verify all transactions and they, the Bitcoin Miners, are in turn rewarded with newly issued or generated Bitcoin, as remuneration for their computing power. As more miners come online the Bitcoin Network becomes more secure and the mathematical calculations become even more difficult. Bitcoin would not work without the Miners. What are the Bitcoin Mining Pools? It is nearly impossible for individuals to mine because the mathematical calculations involved are so difficult to solve that it takes massive computing power to make the associated calculations. The solution to this is to create mining pools. People can share in the profits by pooling their resources together and then splitting the Bitcoin that is mined for each respective pool. There are no limits or restrictions on how large a pool can grow or how a pool is created and set up.

So to summarize, Bitcoin Mining is as follows. Bitcoin operates as a peer to peer network. This means that every person or business that uses Bitcoin is a tiny fraction or part of the bank of Bitcoin. Nevertheless, where do Bitcoins come from? With paper money a country's government decides when and when not to print and distribute money. Bitcoin does not have a central government. With Bitcoin, miners use special software to solve mathematical problems and are then issued a certain number of Bitcoins in exchange for their clever work in making these mathematical calculations. This provides a smart way to issue the currency and it also creates an incentive for more people to mine Bitcoin. Since miners are required to approve Bitcoin transactions, more miners mean that it becomes a more secure network. The Bitcoin Network automatically changes the difficulty of the mathematical problems depending on how fast they are being solved. In the early days Bitcoin miners solved these mathematical problems using the processors in their own individual computers. Soon all the miners discovered that the graphics cards in their own private computers used for gaming were way more suited to this type of mathematical problem solving.

Graphics cards are faster. They need more electricity and generate a lot of heat. The first commercial Bitcoin mining products included chips that were reprogrammed for mining Bitcoin. These chips were faster but still power hungry. Application Specific Integrated Circuit chips (ASIC) are designed specifically for Bitcoin mining. ASIC technology has made Bitcoin mining even faster while using less power. As the popularity of Bitcoin increases more miners will join the network on a continuous basis. This will obviously make it more difficult for individual miners to solve the complicated mathematical problems. To overcome this, miners have created and built a way for all miners to come together and work together in pools, known as Mining Pools. Pools of miners find solutions to the mathematical problems faster than do individual members of the network. Each miner is rewarded in proportion to the amount of work he or she provides as a miner. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin Network stable, safe and secure.

If you want to use Bitcoin and the BitClub Network as an investment please contact Clyde Thorburn on his website.

The big question is. If there are basically no fees, why would people spend huge amounts of money on computers and electricity if there is no money to be made? This is where we can all cash in. On average, every ten minutes, a new block of Bitcoin is created and given to someone that is mining. When Bitcoin first started and was introduced in the world, it was fifty new Bitcoins that were being created and available every ten minutes. After two hundred and ten thousand blocks of Bitcoin were created, which took about four years to create, it dropped to twenty five new Bitcoins per block. After another two hundred and ten thousand blocks of Bitcoin were created, which was accomplished at the end of July 2016, it will drop to twelve and a half every block. It will continue in this manner for the next one hundred and twenty five years, until the year 2140. At that point there will be twenty one million Bitcoin and no new Bitcoin will be produced from that point onwards.

So Bitcoin will always be rare. Bitcoin started on the third of January in the year 2009 by Satoshi Nakamoto. When it launched it had no value and it was not actually about money. It was about providing the idea of … can we do a transaction without needing a third party? Can we have a decentralized form of money that anyone irrespective of where they are in the world can use with basically no fees? At that time there were only a few people who were involved in Bitcoin Mining. They were collecting all of the new Bitcoin every ten minutes. Then, on 22 May 2010, the first transaction happened. Ten thousand Bitcoins were offered for the cost or price of only one Pizza. When that happened, all of a sudden, Bitcoin had a value. Then demand for Bitcoin started and more people started asking about Bitcoin. However, the people that already had or possessed Bitcoin did not want to sell it so cheaply. Remember, Bitcoin is rare, just as gold is rare. At that point people started offering higher prices for the purchase of a Bitcoin. It actually took over a year and a half for Bitcoin to go from an idea to being worth ten cents for one Bitcoin.

At the time of writing, September 2017, it has been nearly seven more years and the price has leaped up from ten cents to four thousand three hundred and forty three United States dollars, for one single Bitcoin. This means that if you had purchased one dollar's worth of Bitcoins in the year 2010 for ten cents a Bitcoin, you would have purchased 10 Bitcoins. Those 10 Bitcoins, if you sold them now in September 2017, would earn you forty three thousand three hundred and forty three United States dollars. You can and will not get that rate of investment in any market anywhere in the world, not even in the volatile stock exchange in any country in the world. Over the past seven years, Bitcoin has been the greatest investment in the world that we know of. Many people think that those days are over. They are all definitely wrong and here is why. At this moment there are only about ten million people that have a Bitcoin Wallet. We are talking about a technology that has the potential to be bigger than the internet, with billions of people using it. The internet is used by everyone now because it is easy to use. Twenty five years ago the internet was very complicated to use. Now there are thousands of companies like Google, YouTube, Facebook and Gmail that make the internet easy to use. Billions of dollars have been invested in these companies. Bitcoin is the same.

If you want to use Bitcoin and the BitClub Network as an investment please contact Clyde Thorburn on his website.

This content has been created in order to educate interested readers and to help people understand exactly "what is Bitcoin" and what is the Bitcoin Network all about. We can spend hours on posts explaining what it is but we will give you the basics over the next few minutes. The most important thing here is to educate you all about Bitcoin. So what is Bitcoin? Bitcoin is the world's very first digital decentralized crypto currency. Bitcoin uses the internet to send money or value directly, person to person, anywhere in the world without having to use any centralized entity like a bank, PayPal or Western Union. It is completely safe, anonymous, super-fast and it works anywhere in the world. Anybody can use Bitcoin. There are no qualifications, basically no fees, no charge backs and no borders or limits. Bitcoin really is the future of money. So who uses and accepts Bitcoin? There are millions of people that are currently using Bitcoin and you can use Bitcoin to purchase almost anything you can think of. There are hundreds and thousands of businesses that accept Bitcoin.

You can pay for plane tickets, hotels rooms, electronics, cars, coffee and anything else. If you can think of it, we can show you where you can get it, with Bitcoin. Another huge market that Bitcoin impacts, is remittance. That is money being sent to friends and family from state to state and from country to country all around the world. Most people do not realise that between six hundred billion dollars to one trillion dollars get moved around the world every year. The way we are all used to doing this, is through banks, PayPal and companies like Western Union. All of these entities charge fees and we have to trust them. Western Union, Money Gram and other companies like them, charge from five percent up to as much as thirty percent. On average it is about ten percent worldwide. That means that we are talking about fees of sixty billion dollars to one hundred billion dollars per year worldwide. With Bitcoin everyone has access with no bank or other company approvals needed. A typical Bitcoin transaction has a fee of about two and a half cents. This is an absolute monetary game changer.

Most people do not know that only about one and a half billion people, spread around the world, have or own a bank account, Visa Credit Card or Master Credit Card. That leaves about five and a half billion people, worldwide, that do not have access to any type of banking. All of their assets are in their home. If there is a robbery, a fire, a flood, a typhoon or any disaster like that, those people will lose everything. Did you know that more people in the world have cell phones with internet than there are people who have running water and electricity in their homes? All these people have no way to protect their assets and they cannot do commerce through or using the internet. Now these people can do this with Bitcoin. Bitcoin is not owned or controlled by any one person, bank, government or company. There is no single or central entity that powers Bitcoin but there needs to be something that powers it. It is actually powered by thousands of people that have specialized computers that power the network, secure the network and verify transactions.

This is called Mining.If you want to use Bitcoin and the BitClub Network as an investment please contact Clyde Thorburn on his website.