SuperNET Tuesday Update 18/04/2017

Welcome to another SuperNet tuesday update! Today we’re going to be talking about the Komodo Platform and about an upcoming interview that will explore some of main points of the coin.

Welcome to another SuperNet tuesday update! Today we’re going to be talking about the Komodo Platform and about an upcoming interview that will explore some of main points of the SuperNet roadmap. We will also talk about one of the most awaited features in the Platform, Komodo currencies and about an important update to the Komodo roadmap which may have gone unnoticed to some: Smart Contracts & Smart Companies

Komodo Trading

The Komodo price had had a slight increase both in the USD and BTC markets. Last week, KMD was trading roughly at  0.0001347 or $0.16 when converted into USD (currently, there is no direct KMD/USD market). Since then, Komodo has increased in value and is currently sitting at 0.0001465 or $0.17 with roughly 110BTC exchanged in the last 24 hours. See live charts here.

Komodo Currencies Article

We have published an article called “Komodo Currencies: Secure & Anonymous Currency Payments”. The article is meant to be an introduction to the Komodo Currencies feature and a brief not-so-technical version of the whitepaper. The article reads:

“Komodo currencies create a direct and decentralized pathway from the cryptocurrency market into the traditional financial system; they ease users into the world of cryptocurrency and blockchain-based applications by providing a familiar medium of exchange.”

The full article can be seen here. So if you have any unanswered questions regarding Komodo Currencies, take a look.

SuperNet Interview

An interview will be held today with SuperNet’s Satinder Grewal on Core Media Radio with the usual host, Lootz. Make sure to tune in to get the latest updates on everything that SuperNet is doing right now. The interview can be heard here.

Smart Contracts & Smart Companies

Last week, an open investor meeting was held on our SuperNet Slack in which a new update to our Roadmap was made: The addition of Smart Contract and Smart Companies support. Although we have just now started planning for it and getting community support, we will soon elaborate on this matter in order to keep you up to speed on all the amazing features that these technologies, Smart Contracts and Smart Companies, will unlock.

Although most of you are aware of what smart contracts are, ca333 has described the concept of Smart Companies perfectly during our investor meeting:

“Instead of only providing the base (storage and asset-chain capabilities, DEX, etc.) we want to make it a native feature each of you can use for every-day use cases. You want to launch a company with an initial funding and fixed number of shareholder eligible to vote? – use the komodo-blockchain. Multi-sig functionality combined with smart-contracts opens a new world for businesses and commercial solutions. Going further, i think this basis allows the creation of a meritocratic decentralized society model – with its roots on the blockchain.”

To stay updated on all SuperNet developments, visit the official website and sign up for the Komodo newsletter at komodoplatform.com