Sweetbridge: SweetNews: A newsletter for the Sweetbridge Community

  • Wednesday, 09 May 2018 18:23
Crowdsale announced, product updates and more!Now that we are entering into Stage 4 Public Release — (21st May Everyone! Make sure you don’t miss out and you join the queue) — and building momentum toward product release, we aim to bring you regular updates to keep you informed.SweetMeet LondonThe vision for Sweetbridge is unwavering;There is a better way! A better way to trade, a better way to streamline global supply chains — in a way that we believe will make a huge dent in the universe of commerce and finance.Thank you to our engaged and intelligent CommunityWe would like to firstly thank our Community for what is often described to us as one of the most intelligent and engaged communities in the crypto fundraising space.We have the foundation of Governance, seasoned Leadership, and the best minds guiding our Monetary Economics, but most importantly we have the foundation of you, the Sweetbridge Community.Sweetbridge offers a set of blockchain protocols, applications and crypto-economic tools for individuals, business and government.That is what we do and what you are part of. Thank you for helping us get to this juncture — where we now can open up further.Adapting to a Shifting Regulatory EnvironmentWhen conducting financial transactions in any country, varying kinds of strong regulations apply (U.S. customers, we remind you of the update we recently sent out). We believe being proactive with regulatory bodies will open the way for operating at the broadest possible level in the long term, and so we have sought legal opinions from multiple legal teams in multiple jurisdictions.Proper compliance will make a path for us to be able operate as an authorised e-money institution, amongst other regulated activities.As regulators formulate their approaches, some jurisdictions have required substantial sums of fiat currency to be on deposit in order to operate in that area. This has heightened the liquidity threshold that we need to launch.In addition we have recently faced various regulatory challenges in a few jurisdictions around the release of Bridgecoin and Sweetcoin.The good news is that we now have a clear path and objectives for moving forward, but we obviously are dependent on regulators giving the green light and we have minimal control of when these approvals will be granted.Updates to Crowdsale BriefTherefore, in order to avoid interruption to the Public Release and ensure compliance with appropriate regulations, we are revising the manner by which the early tranches of Stage 4 will be released.As a result, we have updated the Crowdsale Brief to reflect the changes needed to meet these regulatory approvals. The launch of Bridgecoin will be delayed until we are able to meet exchange liquidity and licensing requirements and have received explicit approval for our activities in each respective jurisdiction. The updated documents reflect that we are holding off issuing Bridgecoin in Stage 4, and that we are instead issuing Sweetcoin in its place.**due to varying policy and regulatory restrictions this product may be limited in your region.A round up of this month’s news at SweetbridgeSweetbridge officially announced its membership in the Toronto-based Blockchain Research Institute last week, giving us a voice at the table and access to some of the top minds in the space.“The BRI provides Sweetbridge with an unparalleled opportunity to work with thought leaders, corporate innovators, and other blockchain pioneers to create the new business models that will transform many areas of our economy in deep structural ways,” said Sweetbridge CEO and Founder Scott Nelson.The BRI was launched last year by Don and Alex Tapscott, co-authors of the best-selling book The Blockchain Revolution. The organisation currently has more than 70 ongoing research projects exploring the implications of blockchain on financial services, manufacturing, healthcare and government.Don Tapscott joined the Sweetbridge project as an advisor in March 2018.Also in the press this month…Sweetbridge is proud to be a noted contributor to publication of “The Economic Impact Of Smart Ledgers On World Trade” Report. This report came as a result of the Company of World Traders, along with Long Finance and The Centre for Economics and Business Research (Cebr) interest in quantifying the potential impact of Smart Ledger technology on international trade.The reception for the launch of this report was held in UK Parliament on 17 April, 2018. You can read the full report here.Sweetbridge CEO Scott Nelson told investing.com he is optimistic that governments are getting closer to a comprehensive, regulatory framework and that globally we’re moving forward with laws that will help foster innovation and growth, from both investor and enterprise perspectives.Moving into the fintech environment, Sweetbridge’s President of Alliance Mac McGary was featured as a blockchain expert at LendIt, representing Sweetbridge on the panel “Supply Chain Finance on the Blockchain.” He contributed his vision in this article.Food handling and solving global hunger via blockchain also was a feature this month with Scott Nelson’s bylined article in Material Handling and Logistics here.Finally Mac McGary talks about our financial inclusion projects and our protocols for prosperity to BitsOnline.Selling Blockchain's Financial Inclusion Message: Mac McGary of Sweetbridge Alliance - BitsonlineWorking with FedEx at EthMemphisWe will be working with FedEx from May 18–20, with three days of talks, workshops, and networking activities. The event will pair Ethereum developers with business professionals to explore blockchain solutions within different industries. These verticals include supply chain solutions for healthcare, travel, education, and law.At the end of the three days, judges will pick the best project in both practicality and design. Scott Nelson will there for the duration, as a keynote speaker and judge, discussing how blockchain can be a solution to the supply chain industry. There will be other interesting talks from Sean Healy, Justin Daya, and Kayla Graff.SweetMeets Around the WorldWe now have 12 SweetMeet hubs globally, from U.S to Europe, Asia and the Middle East.On May 10, we will host our next London SweetMeet, where we just received our 600th London member. Attendees will be able to hear from CEO Scott Nelson ahead of our crowdsale. He’ll be speaking about Sweetbridge’s solution to unlocking US$54 trillion worth of assets in the supply chain industry.SweetMeet London. Sweetbridge’s largest SweetMeet ChapterThe evening will be an informative event with a chance to discuss the benefits that blockchain technology and smart contracts will bring to the industry, from liquidity to settlement and optimisation. Web 3.0 opens up a world of possibility in terms of how we transact with one another. Find out more by registering here.Interested in hosting a SweetMeet? Get in touch with Melissa Gilmour at [email protected] UpdateThere has been much anticipation around our product release, and now our product suite will be showcased for the first time at Consensus 2018. Our demonstration will include the Sweetbridge Member Dashboard powered by our Identity solution and the Sweetbridge Wallet powered by our Accounting Protocol. We will follow this up with a functioning beta version of our Wallet on Testnet by early June 2018.Interested in becoming a member of the Sweetbridge Community? Join us at t.me/sweetbridge or register your interest to become a Sweetbridge customer here.SweetNews: A newsletter for the Sweetbridge Community was originally published in Sweetbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.

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