CanYaCoin – Competition or Cooperation?

Competition or Cooperation?

CanYaCoin powers CanYathe world’s first cryptocurrency-based autonomous marketplace of services. The struggle with the crypto-community these days, is trying to work out which ones will be around in 5-10 years? The secret to success is working out which ones will be complimentary or which will be supplementary; that is to say, which new ICOs will be competition with BTC, ETH or XMR and which will be in cooperation?

CanYaCoin is an ICO that is complimentary and will not be competing against BTC, ETH, XMR or any other cryptocurrency. The CanYa platform, through the CanYaCoin cryptocurrency payment integration, will actually support and encourage mainstream adoption of cryptocurrencies! The Ethereum ERC20-based token – CanYaCoin – will bridge the gap between the general skilled public and the wider crypto-community.

CanYa will bridge the gap between the crypto community and the general public. The escrow account will be hedged to ensure you get the a value for money

CanYaCoin encouraging mainstream adoption of crypto

CanYa is a platform where local and digital service providers can get found, get booked and get paid; and conversely, where the general public can find, book, pay and review skilled providers. To participate in this one-stop experience, cryptocurrency or traditional fiat currency will be effortlessly added to CanYa by the users and receive CanYaCoin.

CanYa is powered by CanYaCoin and this new cryptocurrency will allow you to find, book, pay and review local and digital service providers

CanYaCoin will be used to pay for services of all types within CanYa, be spent using 3rd party solutions anywhere in the world (think Monetha, Monaco etc) or withdrawn as another cryptocurrency/traditional fiat currency.

The appeal is two-fold for users of CanYa

Firstly, the CanYa platform will be a true international meritocracy for service providers of all shapes and sizes. The strengths that Ethereum smart contracts bring to the blockchain technology means CanYa will have the world’s first true services marketplace where the best providers are ranked accordingly. This peer-to-peer (P2P) curated ranking empowers customers and quality providers alike.

CanYa is the world's first true meritocracy, the best providers or biased and get the most exposure

Secondly, CanYa will be unlike any incumbent competition because the technology of the blockchain and the efficiencies of cryptocurrencies frees our payment structure from the heavy charges imposed by “trusted” 3rd party payment solutions. CanYa will only charge a 1% transaction fee (about 20x cheaper than Uber, AirBnB or any existing services platform) and allows for instant, trusted and immutable payments all over the world.

CanYa in the real world

Imagine someone in Queensland (Australia) downloading CanYa for free and through the unbiased ranking system, finds the best app developer in the world is in Hyderabad (India). The user can peruse the provider’s profile, check previous reviews, communicate in-app and get a quote in a few seconds. Once the work is completed, the smart contract is finalised and the payment is made with next to no fees for either party – an autonomous marketplace of skills is born!

The world gig economy will finally be accessible with the CanYa platform; powered by the CanYaCoin.

Now imagine a Venezuelan plumber who is concerned about his countries sky-rocketing inflation and currency volatility. He brings his existing clients over to CanYa so that all payments can be paid with CanYaCoin and he can be protected from currency volatility. The hedged escrow smart contracts ensures that the plumber earns a guaranteed price for his work and CanYaCoin reduces the fees his would normally pay with an existing 3rd party fiat payment system on BitCoin in isolation.

Scenarios aside, CanYa will finally bridge the gap between the general public and the crypto-community. Early BTC and crypto investors have a fortune of value that is largely trapped in cryptocurrency. Many don’t want to convert back into fiat currencies but these are real people with real-life problems. CanYaCoin will power the CanYa platform to make it easy for the crypto-community to access skilled local and digital service providers. How about a new deck on the house with your crypto profits? The possibilities are endless.

For all the latest news and updates follow us here:

CanYa's subreddit about CanYaCoin CAN
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What did we learn from Equifax’s security breach?

What happened with Equifax?

In March this year a security vulnerability in Apache (web server software) was patched and released to the Apache community. Any CSO or CIO worth their salt would have picked up on it, realised the impact of the vulnerability and implemented early fixesIn May this year hackers obtained access by exploiting this unpatched bug and siphoned off as much as they could, which would have been fairly easy.

In July this year Equifax realised that they had been compromised. It took them two months to work out how to tell their 143 million users. The security patch itself probably didn’t take that long.

Equifax had a major security breach that compromised that private data of 143 million users. CanYa will not let this happen, find out how
Photo Credit: thehackernews.com

143 million Americans had their data exposed and sold on. The effects of this will be felt over the next decades in credit card fraud, identity theft and phishing scams.

How do we avoid this happening again?

A security breach like this is a huge deal! Apart from all of the obvious shortcomings like the fumbled damage control campaign, the real issue lies in how the user-data was left to be so vulnerable.

Big companies can have all the security policies they want, but there’s usually still a way in, and someone willing to find that way in. Which is why user-data storage needs to be encrypted, it needs to be stored in a decentralised manner, and users need to retain ultimate ownership of the data at all times.

Locked padlock on a smartphone app is representative of CanYa's security with data

This sounds out-of-reach; but that is not the case. Enter blockchain and cryptography; important pieces of the puzzle that will allow us to solve the problem. User-data can be anonymised properly, it can be stored in a decentralised manner with no single point of failure, and users retain ultimate control of that data.

Here at CanYa, we believe in a decentralised future, where no single entity can make mistakes and expose half of America’s data overnight. So we’re partnering with other companies who have similar visions and willing to spend the time and effort to get this right.

CanYa is a functioning local and digital services platform that will soon have a cryptocurrency layer over the top; CanYaCoin

CanYa & MADANA

We’re excited to announce our partnership with MADANA – a marketplace of data analytics. MADANA will allow users to retain control of their data at all times, and even choose to monetise it if they want. We’ll have more information about our partnership with MADANA soon.
CanYaCoin and Madana are partnering up to ensure that all of your data is secure and decentralised. There is no reason another Equifax should occur again!
It’s time to handle data properly, and more importantly, it’s time to give users back ultimate control of their data; more on this to come.

For all the latest news and updates follow us here:

CanYa's subreddit about CanYaCoin CAN

 

 

CanYaCoin – An ICO with a mature product, not a hopeful idea

Hello world!

Today the CanYa team is excited to introduce our P2P marketplace of skilled services to the cryptocurrency community, and to share our vision of a decentralised marketplace where services can instantly be exchanged for cryptocurrency or fiat. 

CanYa is a mature services app that is available on the internet via your laptop or on your Android and Apple iPhone.Unlike most projects in the ICO space, CanYa already has a revenue generating product. The CanYa app is available on the app store (currently only in Australia), google play store and online, and has processed over a thousand P2P jobs since it’s soft launch earlier this year. CanYa is now moving towards the next stage in it’s launch, an Initial Coin Offering to power international growth and to move from a centralised Australian dollar based solution to a decentralised multi-currency solution.

Providing a decentralised P2P marketplace for the sharing economy

The CanYa team is convinced that decentralisation (and the technology behind Ethereum specifically) is going to revolutionise the current economy. For this reason we’re launching the CanYaCoin (CAN) token and moving our platform to an autonomous set of smart contracts that will replace the current centralised system.

A decentralised and globally accepted cryptocurrency – like CAN – will allow money and skills to cross-borders and fully harness the $2tn global ‘gig economy‘. The fragmented booking process and exploitive marketplaces around the world will be disrupted by CanYaCoin.

The old job booking process is broken and expensive. The new CanYa experience is easy, clean and intuitive.

The transition of moving CanYa’s payments and operations onto the Ethereum Blockchain will allow for increased transparency, quicker settlement times and will create a truly trustless environment.

Not only will the CanYa community benefit from Ethereum; the Ethereum and cryptocurrency community will also benefit from CanYa. CanYa will act as the ultimate link between crypto and the real world allowing users to pay for local and international services with CAN instantly.

Our ICO is Live right NOW! Join our Community and get involved! CanYa Contribute!?

CanYa is a stable platform that will soon encorporate CanYaCoin so you can pay your cleaner with crypto!

The beginning of CanYa’s crypto story

Imagine a plumber in Venezuela being instantly paid in a stable currency that can be spent anywhere in the world without the fear of suffering from crippling over-inflation. Imagine a Russian technology company finding the best app developers in India and paying them with no international currency fees or excessive conversion charges. CanYaCoin will make the services marketplace truly global but it all starts with an ICO.

CanYa will be having it’s pre-sale during the month of October. The pre-sale is restricted with a hard cap of 3780 ETH. This small initial offering will be offered at a discount and will allow us to ramp up operations to an international audience. The pre-sale will also give the CanYa team an opportunity to expand before going into the primary ICO which will be approximately one month after the pre-sale.

We are looking to build our community from both sides of the table – from those who are interested in using CanYa in the growing sharing economy and those who are interested in turning their cryptocurrency profits into real world services.

CanYa is the best place to book home services, CanYaCoin makes it even easier

The CanYa Community

CanYa already has a strong community of early adopters behind it from beta-testing and real world operation. If you would like to find out more about CanYaCoin then the first stop must be https://canya.io. CanYa.io is the best place to have an in-depth look at our Whitepaper, our team and our product! 

Come and get involved with the CanYa community, we’d love to hear your ideas and comments; plus shortly these ideas and comments will be rewarded through our community bounty program.

Stay up to date with CanYa announcements!

CanYa's subreddit about CanYaCoin CAN