TITANIUM UPDATE

Today, in a malicious act, approximately 16mil BAR ICO Tokens were taken from Titanium company wallets. These wallets had been storing 4mil reserve BAR and 12mil team allocation BAR Tokens, recently minted by TBIS engineers. TBIS Inc. CEO, Michael Stollaire, has locked down all company accounts and notified authorities with case sensitive information regarding the perpetrators of this illegal theft.

For ICO investors and BAR token holders this malicious act means that a large part of the signature token for Titanium’s ecosystem (BAR) is now in the hands one or more criminals who may at any time choose to devalue the token by selling all of it. While it is the hope of the entire Titanium team that the perpetrators of this act will be brought to justice, we find it necessary to take unprecedented steps to provide a transparent solution immediately: 

1) TBIS will fork their ICO token (BAR) and create a second token (TBAR) to be used in Titanium’s ecosystem for goods and services in place of BAR token. 

2) TBAR will be issued to all BAR holders (both ICO participants and those who have acquired bar via exchange purchases or other means, excluding today’s malicious act).
-Everyone with BAR currently in an Erc20 wallet will automatically receive TBAR alongside BAR in their wallets. -For those who currently have BAR on an exchange, a simple form will be provided for verification before TBAR is released in the same amount as current BAR holding. 

3) Titanium has already asked that both official and unofficially announced exchanges cease allowing BAR token to trade and will ask that TBAR begin trading in place of BAR after distribution. 

4) MVP production and release by March 1st, 2018, will not be affected.

QUICK SUMMARY: Due to a malicious action resulting in illegal theft of 16mil ICO tokens, BAR Token is being replaced with a forked token, TBAR. TBAR will replace all circulating BAR tokens. 

***You will see TBAR show up in your Ethereum wallet. Please do not be alarmed, your tokens are safe and you were not compromised. Titanium’s MVP will still be released by target date of March 1st, 2018.

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TITANIUM ICO, AS LAUNCHED (BUY INTO IT BIG TIME)

JOIN THE BIG BIG RELOLUTION

The TBIS Concept

The Titanium Blockchain Infrastructure Services (TBIS) strives to create a robust decentralized network infrastructure that will encompass data centers, firewalls, routers, switches and other network components. Using the power of blockchain technology, an enterprise level network infrastructure module can be condensed into a smartphone or a tablet. Imagine no longer requiring expensive web hosting services and having all network needs taken care of from the convenience of a mobile device.

By leveraging the decentralized power of the blockchain technology, TBIS aims to disrupt the provisioning and virtualization markets as far as network infrastructure is concerned. By offering a truly integrated and interconnected global network, TBIS will be able to offer virtual infrastructure services for businesses and individuals.

Some of the services offered by the TBIS framework include the following:

Infrastructure as a Service (Iaas)

This represents the core service delivery protocol of the TBIS framework and it encompasses the creation and propagation of a robust distributed network infrastructure for Corporations and Individuals.

Platform as a Service (PaaS)

A lot of organizations are looking at creating Distributed Applications (dApps) and Decentralized Autonomous Organizations (DAOs) but lack the technical expertise to do so. With PaaS, these organizations can purchase decentralized development and deployment resources to that will enable them to create DAOs and dApps.

Desktop as a Service (DaaS)

Host the entire computer network of the user on the Titanium Cloud, using the DaaS service framework. By so doing, the need for localization of a business network is removed and users can access their entire network from any terminal or smartphone. The Titanium Cloud utilizes SHAKE256 Titanium Sponge Cryptographic Technology which offers improved security features.

Company as a Service (CaaS)

CaaS provides critical support for entrepreneurs who wish to start a business by providing a workable smart contract protocol. The CaaS framework provides solutions for business registration, the filing of patents and trademarks, as well as domain registration among others.

Apart from these services, the TBIS also offers solutions CryptoEscrow, Bring Your Own Cloud, and DEXchange for cryptocurrency exchange services.

The Token

The name given to the token that facilitates the transactions in the TBIS ecosystem is BAR. The BAR cryptocurrency is used for making payments, participating in milestone completion votes, and verifying third-party marketplace contracts. The TBIS is an Ethereum-based platform which makes BAR an ERC20 compliant token.

Verdict

The TBIS ICO presents a viable service solution that has tangible economic viability, a trait that is sorely lacking in many ICO campaigns today. The fact that there already is an established corporate entity like EHI with a laundry list of top-tier clients that TBIS can work with goes to further strengthen the argument for the success of the venture. If the ICO manages to reach its hard cap target, then odds of the project becoming a success will be significantly enhanced.

Join the ICO now

• YOU CAN CHANGE OR SWAP YOUR BITCOIN TO ETHEREUM HERE

• YOU CAN CHANGE OR SWAP YOUR LITECOIN TO ETHEREUM HERE

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• SWAP FROM ONE ALTCOIN TO ANOTHER HERE

 UPDATE ON ELECTRONEUM BY TITANIUM CEO

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