Reporting news and analysis from the World of Cryptocurrency
In September 2017, Kik raised an ICO worth US$100 million, entering the league of high profile ICOs of the time. Half of the amount raised came from c.10,000 backers in the ICO, while the other half came from institutional investors before the public ICO. The company's CEO Ted Livingston explained the idea to develop a... Continue Reading →
The genesis of stock exchanges dates back to as early as 1100s when brokers in France used to trade agricultural debts on behalf of banks. However, the first genuine stock exchange came into being in the 1400-1500s at Antwerp in Belgium. Although all these stock exchanges had one thing missing: stocks. The first publicly traded... Continue Reading →
Blockchain has several real World applications, however, the most significant of them are in the financial services space. Now it appears that even the top financial firms of the World are ready to enter the crypto market. The overall cryptocurrency market has witnessed massive increase in market capitalization over 2013-2018. The unprecedented change in market... Continue Reading →
Samsung, one of the World's biggest makers of smartphones and electronics, intends to use blockchain to manage its vast global supply chain. The proposition The company intends to use the blockchain ledger system to keep track of its billions of dollars of shipments. The estimates of cost savings at the company's logistics and information technology... Continue Reading →
Enterprise blockchains are about to receive a new "administration" tool just as WordPress is to website administration, including website handling, content publishing and control. Introduction India-based startup Elemential aims to make managing an enterprise blockchain network an easy process with a short learning curve. Founded in 2016 by Raunaq Vaisoha, Anil Dukkipatty, Sahil Kathpal and Aaryaman Vir... Continue Reading →
In today's knowledge based economy, data and knowledge form a backbone to decision making, ranging from government's public policy decisions to business investment decisions. Global businesses also make use of knowledge to gain insights about the next big trends in the market. In such a scenario, Experty intends to allow knowledge exchange by connecting knowledge... Continue Reading →
The blockchain lender and CrpytoBank Nebeus announced the launch of a novel collateral loan program just one day ahead of the ICO, which is slated to start on November 30, 2017. The program would allow potential token investors to get loans against their crypto-holdings, thereby not having to spend their appreciating Bitcoins and Ethereums. Inception of Lending Disruption In a... Continue Reading →
Bitcoin Cash (BCH) was created on August 1, 2017 after a hard-fork split from Bitcoin. The crypto currency featured a block size limit of 8 megabytes (MB) compared to bitcoin’s 1 MB. The bigger block size enables Bitcoin Cash miners to process more transactions on the payment network. The proponents of the currency argued that BCH’s larger... Continue Reading →
On November 3, 2017 Bitcoin reached another new all-time high of $7,454 The record outcome is a result of several developments in the Bitcoin community, ranging from increasing adoptability of the currency, its growing legitimacy in the formal financial market and the potential gains for existing holders of Bitcoin from a new fork in currency.... Continue Reading →
