Bridge Protocol Community Update July 22nd 2018

Bridge Protocol
3 min readJul 22, 2018

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“The past, present, and future, were all equally in gloom.”

― Jane Austen, Northanger Abbey

It seems that the only news we hear about today is doom and gloom. On every news source and blog we hear about hackers taking millions, markets tanking and con-men winning. We see hacker, scammers, phishers and fraudsters coming to light every day.

But, is this space really that bad?

In a sector that is changing so quickly and with so much regulatory uncertainty; controversy is a certainty. Behind the BAD news, inspiring developments take place that create technology to help everyone.

Bridge Protocol is working on putting control back into the hands of users; reducing costs, increasing trust and making regulatory compliance easy for everyone.

Bridge Development Progress

Our team continues to develop our turn-key solution with the tremendous assistance of our partners. We are happy to be making significant progress towards each of our roadmap goals and are excited to show you what we have been working on.

Cost is very important for our business and to the customers we aim to serve. Our model has always been reduce costs and ease compliance. But, there are fees to be paid (TOLL) for using services. Our engineering team has been running models with the business side which aim to fill these voids.

We have been testing dedication of a smart contract that will issue a credit of TOLL. When users go for KYC at their exchange of choice or a new ICO; they won’t just be able to collect TOLL to trade.

Our credit system will allow a direct assignment of those TOLL tokens and credits to be solely used for KYC and ID services; not selling on the exchange for profit.

This will promote use and growth of the ecosystem and force adoption for what TOLL token was designed for.

Bridge Community Design Contest — Bridge Shirt

Back by community demand; the Bridge Protocol team is happy to announce our latest community competition. This competition is well suited for those with a great eye for design; little to no technical understanding is needed!

The winner will receive 50,000 TOLL tokens and be sent 2 free shirts with their winning design!

Read the official rules here: https://medium.com/@bridgeprotocol/bridge-protocol-community-design-competition-bb8135deea02

Find some recent media articles about Bridge Protocol:

Crypto Zombie revisits with CEO Stephen Hyduchak

Before the ICO K-Dub (CryptoZombie) did a review on Bridge and has been a great friend of the project. Stephen was happy to be invited back for an update video on Bridge Protocol. They talked about a variety of topics including regulation, Bridge MVP and the hack of Bitpaction. Check out both videos below!

New Video

Pre-ICO Video

Chico Crypto Project Overview

Recently, Tyler aka Chico Crypto did a review on the Bridge Project. You can find that full video below!

Recent Bridge Publications — See the latest articles:

OkCoin Exchange comes to the United States, but only to Californians
Read the full article here:
https://medium.com/bridgeprotocol/okcoin-exchange-comes-to-the-united-states-but-only-to-californians-7d83c7fc6f83

Preparing for your ICO, don’t you mean IPO?
Read the full article here:
https://medium.com/bridgeprotocol/preparing-for-your-ico-dont-you-mean-ipo-b3e876e6dc94

We have active communities on Telegram, Reddit, Twitter and Discord; watch these social media channels for the newest from our team!

Twitter
Telegram
Reddit
Discord
Facebook

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Bridge Protocol

Bridge Protocol s a RegTech company specializing in identity services and compliance for KYC/AML and more on the blockchain www.bridgeprotocol.io