Cryptocurrencies – the Emerged Elephant in the Room

The world’s monetary landscape is shifting, and one of the biggest factors is the dramatic rise in the value of cryptocurrencies so far in 2017. Emerging from the online cypherpunk community, and developed in the late 2000s, cryptocurrencies are digitised coins with no physical format- essentially, it’s currency that exists exclusively in the online world, through… Please follow and like us:

Read More

Zcash Brings Privacy Technology To JPMorgan

JPMorgan CEO Jamie Dimon keeps stirring up controversy by criticizing bitcoin. CNBC reported he called bitcoin a “fraud” and said anyone “stupid enough to buy” it will pay the price down the road. Meanwhile, JPMorgan just launched an open source payments platform using bitcoin’s foundational blockchain technology. This platform, Quorum, has been in the works for… Please follow and like us:

Read More

How To Avoid ICO Scams

As the world gets increasingly familiar with – and enthused about – the cryptocurrency-based marketplace, we have seen substantial growth in Initial Coin Offerings (ICOs). These generally represent a new-age version of the IPOs issued by companies who have wanted to raise capital by opening their governance to the investing public. ICOs also seek to raise… Please follow and like us:

Read More

China Seeks Greater Cryptocurrency Control, But Will Drive Capital To Privacy Tokens

In the last few weeks, China has moved against cryptocurrencies. First, they acted to ban funding for Initial Coin Offerings (ICOs). With immediate effect, the People’s Bank of China (PBoC) banned ICOs, dubbing them as an illegal scheme for money laundering, and mandated organizations and individuals that have completed fundraising through ICOs to make relevant arrangements… Please follow and like us:

Read More

A Blockchain Stepping Stone To Fiat Digital Currency

The latest phase of the Utility Settlement Coin project, which aims to settle trades with a token linked to accounts at central banks, has seen the consortium expand. Barclays, CIBC, Credit Suisse, HSBC, MUFG and State Street are the latest participants; the project began life with UBS and the other early stage members are BNY Mellon,… Please follow and like us:

Read More

Wall Street Skeptical As Bitcoin Soars

The rise of cryptocurrencies like bitcoin and Ethereum has been a sight to behold this year, with prices going vertical as popular interest swells. The trend has been lifted by simmering geopolitical tensions, with a North Korean ballistic missile launch Monday night helping push bitcoin to a new record above $4,600. Nothing like digital currency to… Please follow and like us:

Read More

Blockchains Don’t Talk To Each Other — Yet

Enterprise Ethereum Alliance stalwart Nuco has formally announced Aion, an interoperable blockchain network and the framework allowing communication between blockchains. Nuco is led by Matthew Spoke, who launched the Rubix Blockchain project at Deloitte back in 2014, making him one of the first people in the enterprise space to work with Ethereum; he continues to play… Please follow and like us:

Read More

Cryptocurrency Price Predictions 2018: Ripple Is the Clear Winner

Cryptocurrencies Offer Insane Returns Cryptocurrency Price Predictions Investors looking for cryptocurrency price forecasts are about to have an embarrassment of riches, because everyone and their uncle is shouting predictions from the rooftops. Some of them may even come true. Most of these forecasts concern Bitcoin and Ethereum, but do not turn a blind eye to the… Please follow and like us:

Read More

Filecoin Laments Shutting Out Crypto Supporters To Meet SEC Regulations

The much anticipated Filecoin token offering has gathered some $52m (£39.9m) of investments from Silicon Valley heavyweights ahead of the start of the sale on Thursday 10 August. Filecoin, which will be used to power a large decentralised file storage system linked to the iconic IPFS protocol, is unique within the ICO space because it ticks… Please follow and like us:

Read More

Blockchain, Big Data And The Value Of Global Trade

Most data turns out to have a greater value than the sum of the parts. There’s a story about a global courier firm that said it saw a large drop off in its monthly orders at some point in 2007, not too long before the bottom fell out of the global economy. Traditional economic forecasting did… Please follow and like us:

Read More

This Blockchain Startup Could Revolutionize Real Estate Investments

On Tuesday, an initial coin offering launched by the real estate startup Propy Inc. sent shockwaves throughout the blockchain community. The tokenized fundraising campaign raised more than $5 million, attracting investors like billionaire TechCrunch founder Michael Arrington. Demand for Propy’s tokens, called PRO, was so high it overloaded the Ethereum network. Although the final earnings tally… Please follow and like us:

Read More

From Bitcoin to Ether: Today’s Blockchain Basics

Bitcoin and its underlying technology blockchain are game-changing technologies that are reshaping and revolutionizing the world economy. ( 1) Often hidden behind the headlines of Bitcoin’s meteoric rise in market value and blockchain’s technological promise is a basic understanding of what these two technologies are and where they come from. This brief article examines the digital… Please follow and like us:

Read More

Microsoft Announces New Blockchain Technology Framework

Microsoft announced this week it is working on one of the biggest blockchain innovations the private sector has ever seen: the first-of-its-kind Coco Framework for enterprise adoption of blockchain technology. The name Coco was inspired by the idea of a confidential consortium. If this thing works, we could see major corporations from almost every industry switching… Please follow and like us:

Read More

Innovation killed by politicians

Which government agency has done the most to destroy innovation? The American Founders tried to create an environment to foster innovation, because they understood new inventions would increase the well-being of the citizens. And that is the reason the Constitution enabled Congress to create patents of limited duration. Most politicians say they favor innovation, but at… Please follow and like us:

Read More

SEC Says Securities Laws Apply To Cryptocurrency Trade

An investigation by the Securities and Exchange Commission of some cryptocurrency transactions that took place between April and May 2016 has found that even virtual financial offerings, such as cryptocurrencies based on blockchain technology, are subject to federal securities laws. In the specific incident under investigation, which the report found did not comply with the law,… Please follow and like us:

Read More