Facebook, a platform with over 2.3 billion active monthly users, has relaxed its policy on ads relating to cryptocurrency and blockchain technology. The policy change allows several of the blockchain players to promote their work on the social media platform. History Facebook began an outright ban on cryptocurrency ads in Jan 2018 led by concerns... Continue Reading →
Blockchain to help build a new Indian state’s capital city
A tale of new state and capital city In 2013, a new state of Andhra Pradesh was formed following the bifurcation of a larger Telugu-speaking state, also called Andhra Pradesh but renamed to Telangana. While Telangana had its own IT hub (Hyderabad) as its capital, the new Andhra Pradesh was yet to have its own capital.... Continue Reading →
Kik founder criticizes blockchain months after raising $100 million in ICO
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 →
Analysis: Stock exchanges going crypto?
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 →
Financial firms gearing up for the crypto market
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 to utilize blockchain for managing its supply chain
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 →
A wordpress for Blockchain in the making?
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 →
Experty proposes to democratize the consultation market
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 →
CryptoBank Nebeus Launches Novel Crypto-Collateral Loan Program
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 →
Clash of Bitcoins – money pours into Bitcoin Cash
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 →