Tag: business

Lloyd’s Register Foundation, a U.K.-based charity organization, has funded a blockchain solution that will enable firms in the maritime industry, including Maersk Line, Maritime Blockchain Labs (MBL), and others to carry out a host of operations via distributed ledger technology (DLT),  including verification of safety documentation and seafarers certificate depository management, reported the Loadstar on December 11, 2018.   Blockchain…

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MobileGo team, which profess themselves as the “by gamers for gamers” project, has released their own gaming platform to bring a new experience to the gamers all around the globe. The beta of the platform is already live and available for everyone who wants to try it. Nowadays there are a lot of esports platforms, but the distinguishing feature of…

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Bitmain, the world’s leading bitcoin ASIC miner maker, is set to close its developmental center located in Ra’anana, Israel and lay off 23 employees, following the recent crash in the price of bitcoin and other cryptoassets, reported local news source, Globes on December 10, 2018.   End of the Road? The latest development is coming on the backdrop of the…

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At a time when Security Token Offerings (STOs) are gradually gaining grounds in the cryptospace, with some observers  predicting the new type of fundraiser will replace initial coin offerings (ICOs), deputy governor of the People’s Bank of China (PBoC) has made it clear that STOs are illegal in China, reported the South China Morning Post on December 9, 2018. No…

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Southeast Asia is swiftly shaping into a blockchain hub, with most emerging and developed markets in the region firmly positioning themselves at the forefront by deploying blockchain-based products across a myriad of business verticals, reported The Asean Post on December 10, 2018. Beyond the Internet Boom While most uses of blockchain technology are relegated to cryptocurrencies or related businesses, governments and…

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Neufund, a platform that claims to enhance real-world assets with legally enforceable security tokens, has joined forces with Ledger, a France-based global manufacturer of hardware cryptocurrency wallets, to launch a highly secure blockchain platform to enable users to manage their real-world security tokens, according to a press release on December 6, 2018. A Robust Framework for Security Tokens As stated…

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On December 7, 2018, the United States Securities and Exchange Commission (SEC) issued a cease and desist order and a penalty of $50,000 against Delaware-based crypto assets fund firm CoinAlpha Advisors LLC. SEC Hits Crypto Fund for Violating Securities Law   According to the filing published on the commission’s website, the SEC charged CoinAlpha Advisors LLC for acting as an…

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Changing times and economic dynamics of the modern consumer, customers today are less keen on paying large amounts for products or services upfront. Instead, they believe in paying regular small installments, rather than paying the full value of a product to own it. In many ways, access trumps ownership. The Rise of the Subscription Economy Witnessing the subscription uptrend, the…

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Trive Ventures, a Southeast Asia-focused venture capital firm, is launching Tribe Accelerator, a government-backed blockchain accelerator focused on product development in Singapore, Tech in Asia reported on December 4, 2018. Singapore’s Lead Government Agency Backs Trive Venture’s New Project It seems that Singapore has yet again proven that it’s one of the most blockchain-friendly global tech hubs, as another large…

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Bitcoin had a steady start as a medium of exchange and has slowly begun challenging the hundreds of decades-old fiat money system. Businesses are now moving towards developing systems which could aid the further adoption of the pioneer cryptocurrency over fiat. Bitcoin Payment Processing: An Introduction To explain in brief, bitcoin payments processing means to provide tools and services which…

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