Share this post: About a year ago, I wrote a blog post on my New Year’s resolutions for 2018 blockchain success. They were lead with business, understand the network type, understand the path to productive use, know why you are choosing blockchain, and make sure your architecture is ready. I tried to stick to these […]
Parallels: Cross Industry Context for the Blockchain Industry
Parallels to the Blockchain Industry While none of these industries are directly comparable, if the development of these industries serves as any indication of the way in which the blockchain industry will develop, the industry will fragment into use case specific blockchains. As explained in greater detail below, meaningful value will accrue to the companies […]
Facebook Begins Hiring For Blockchain Positions, Continues Its Secret Date With Cryptocurrencies
Facebook has had a very interesting relationship with blockchain and cryptocurrencies. While the social media tech giant has been stringent with its advertising policies against cryptocurrencies and ICO’s, it seems to have been slowly building its blockchain and cryptocurrency war chest. According to the recent job openings put up on Facebook Careers website, the tech […]
Zhang Shoucheng, Founder of Blockchain VC Firm Danhua Capital Died at 55
Reports reveal that in fight of depression, professor Zhang Shoucheng who was the founder of blockchain VC firm Danhua Capital died at 55. Besides, an award-winning professor of physics at Standford University, Zhang was also a founding chairman of Danhua Capital. <![CDATA[ ]]> As per the Chinese report, Zhang had attended the meeting a day […]
Saudi Arabia’s ICD Bank Announces Blockchain Powered Islamic Banking Solutions
The Saudi media reported that the Islamic Corporation for the Development of the Private Sector (ICD) is planning to develop sharia-compliant blockchain product. ICD’s plan of rolling financial products powered by blockchain is to enable Islamic banks to manage their liquidity needs. <![CDATA[ ]]> With the proposed plan for developing blockchain solutions for an Islamic […]
Stablecoins The Way Ahead on “Blockchain Island” says Malta’s Prime Minister
Malta has come up as a new crypto hub by providing much-required banking support to cryptocurrency businesses. As bringing changes to the banking regulations were not possible due to the risk associated with cryptocurrencies, the Maltese Prime Minister mentioned stable coins as a way for crypto businesses on the island to move ahead. <![CDATA[ ]]> […]
Paul Donovan Blasts at Bitcoin Again, says, “Bitcoin is Bubble, While Blockchain is Different”
Image source: Executives magazine <![CDATA[ ]]> In a race where many economists view bitcoin as a bubble, UBS executive, Paul Donovan join the rally blasting Bitcoin again. In a recent interview with CNBC, Donovan talked about bitcoin and the recent wave across crypto market which he calls “not healthy”. Looking at his latest blog post, […]
CEO AriseBank, a Blockchain Startup May Face 120 years in Prison for $4M Crypto Scam
Rather to develop a product with raised funds, a blockchain based startup used it to afford the luxury lifestyle. A former CEO of AriseBank, Jared Rice has reportedly used $4million by defrauding investors and used to pay for hotels, food, and clothes. In addition, the fund has also used to appoint a family lawyer. <![CDATA[ […]
Blockchain’s Battle with Financial Inclusion — Part 1
When one begins to think about the systems underlying identification, credit history and capital flows, it’s hard to not be immediately be blown away by the potential that a permissionless, tamper-resistant ledger has for increasing the transparency of, and ease of access to, vital information. All three obstacles are the result of interdependent central stores […]
Ethereum’s Vitalik Buterin Criticizes IBM’s Blockchain, says “Totally Not the point”
During the Devcon4 blockchain conference held in Prague for 3 days from October 30 to November 02, speakers spoke about the scalability, speed, and robustness of the Ethereum project. The panel also highlighted the possible ways that help Ethereum reaches next million users and the contribution of designers and developers to improve user experience in […]