Centrality Monthly Update — February 2019
CEO Aaron McDonald shares key developments over the past month. To stay up-to-date on the progress of Centrality’s ecosystem, follow us on Twitter and our Telegram Announcements channel, plus join our community on Centrality’s Official Telegram, Instagram, Reddit and Facebook.
This month has seen more impressive work from the core Centrality team on our mobile and desktop wallets, node software, staking economy, SDK, and Infrastructure. The upcoming public release is so close I can smell it and I’m excited for our teams to reach this milestone in just over a year since our TGE.
A big highlight for us this month was the Centrality Accelerator Demo Day. Six teams, who we handpicked in October 2018, graduated from a rigorous programme of business acceleration. We’re excited to support them in getting funding from top investment funds in New Zealand and overseas. The teams are also be among the first to develop on our CENNZNET and use the Developer Portal.
As always, there’s been a lot going on in Centrality ecosystem — check out the latest from our ventures.
Sylo
February kicked off for Sylo’s business team with a visit to SaaStr Annual in California, USA. Meanwhile back at HQ, it’s been a full month of design and development for the production department and there are now just four weeks until the fully decentralised Sylo dApp is released in open Beta! You can be among the first to experience the new Sylo by registering here.
SingleSource
After launching the SingleSourceAPI last year and seeing great uptake on this we are excited about the coming launch day for the mysinglesource app. The team has completed user testing and is refining the customer experience based on this final batch of testing for the dApp and Know Your Customer (KYC) portal. Next up is early adopter invites and user onboarding before the big launch. The new fully self-contained KYC portal and mysinglesourse mobile app will extend the availability of the powerful compliance tools behind SingleSource to SME customers so they can get the benefits of rapid onboarding and compliance straight out of the box.
Centrapay
Centrapay teamed up with Centrality Accelerator team and research agency Yabble to deliver a solution for New Zealand’s biggest home and garden retailer, Mitre 10. The ‘In the Moment Feedback Tool’, enables customers to provide in-moment feedback by scanning a QR code in-store, completing a short questionnaire, and then receiving a reward for sharing their opinion. Centrapay is powering the QR code and reward redemption, while Yabble is running the research analytics. The programme is currently being trialed at three Mitre 10 MEGA stores: Albany, Manukau and New Lynn during Mitre 10’s Bathroom EXPO weekends.
Trackback
The team has been working with New Zealand Post, True Honey Co and AsureQuality to track postage goods on the blockchain. The trial has been a great success.
Trackback has started an exciting new project with its partners at Circular Systems where they will create a world first application for the fashion industry around garment to garment recycling. The collaboration will come to life in April — more to be announced!
The team is working on opening up Trackback’s core stack and protocols to make it simple for supply chain businesses to build their own dApps. Get in touch with the team if you’d like to know more.
Iomob
Iomob took centre stage at Mobile World Congress, the largest mobile conference in the world, in Barcelona. The team presented at two events including the panel “Where emerging tech meets government: blockchain and AI” and a fireside chat hosted by IoT Stars, “The future of the Internet of Things.”
The team has scored a winning place in the sought-after Techstars Arcadis City of 2030 Accelerator in Amsterdam starting March 4. Over the three-month programme, Iomob will receive a $20,000 stipend to fund pilots, prototypes, etc., and a $100,000 convertible note for use if needed. The team will have access to various mentors with industry, investment, or entrepreneurship experience to help scale the business. The end of the program will feature a Demo Day, which will be an opportunity for Iomob to showcase its ideas, engage with partners and connect with investors for possible funding.
In other news, Newsweek has nominated Iomob for its Blockchain Impact Awards — fingers crossed!
Causality
Causality’s Crypto Sentiment Alerts are now live. Crypto sentiment is a measure of what the market currently thinks about a coin, token, or the cryptocurrency market in general.
Professional investors and institutes have been using sentiment analysis to monitor financial markets for years. This has allowed them to gain a competitive advantage over individual investors. Causality’s crypto sentiment alerts are designed to be accessible to everyone and level the playing field. Sentiment alerts can be effective in providing an early warning of market movements. For more information or to sign up for the service, check it out here. Next up we will release the details of the top influencers who move price in different digital assets starting with XRP.
Centrality Accelerator
A who’s who of the investment industry gathered on Wednesday 27 Feb to hear six teams pitch to 200 investors. Demo Day was a complete success, with the event attended by top investors and investment funds in New Zealand such as Flying Kiwi Angels and the Tindall Foundation. Expressions of interest called on the night totalled more than $5 million. Hon James Shaw, Minister for Climate Change and Minister of Statistics, delivered the keynote speech, reinforcing the New Zealand government’s commitment to digital services. Demo Day marks the formal conclusion of the Centrality Accelerator programme but it’s only the beginning for the teams. Centrality will continue to support teams in their discussions with investors — keep an eye out for updates on which teams successfully secure funding and check out this video for some of the highlights of the night!
That’s all for this month’s update, keep an eye out on Centrality’s blog to see how we get on in February.
