Stellar.org published a white paper with Luxembourg House of Financial Technology (LHoFT) called Understanding Initial Coin Offerings: Technology, Benefits, Risks, and Regulations. Companies have raised over $1.8 billion through ICOs (Initial Coin Offerings) since January 2017. As organizations continue to raise tens, sometimes hundreds, of millions of dollars in each token sale, it grows increasingly …
The price of Bitcoin seems to be shrugging off China ICO (initial coin offering) ban as the price is back above $4000. Michael Oved helped Virtu Financial Inc. become the most consistently profitable market maker in the history of electronic trading. Now he has his sights set on revolutionizing how digital currency exchanges operate. The …
Riksbank, Sweden’s central bank, estimates that cash transactions made up only 15 percent of all retail transactions last year, down from 40 percent in 2010, thanks in large part to massively popular mobile payment services. Riksbank and the central banks of other countries are taking a serious look at blockchain, the technology that makes Bitcoin …
PitchBook has an update for Q3 2017 of ICOs and venture capital investment in the blockchain. * regulatory statements in China and the US have yet to temper market enthusiasm for the red-hot cryptocurrency and ICO market. Regulatory action against secondary exchanges in China may put short-term downward pressure on an overheated market, but will …
Vitalik Buterin created Ethereum. He projects that Ethereum will have Visa scale transaction per second in a couple of years. Currently Bitcoin is processing a bit less than 3 transactions per second and Ethereum is doing five a second. Uber gives 12 rides a second. VISA handles on average around 2,000 transactions per second (tps), …
The USA, Singapore and Canada regulators have all issued some warning and guidelines for cryptocurrency and fintech. They are in general regulating tokens similar to securities. On August 24, the Canadian Securities Administrators (CSA), an organization composed of Canada’s provincial and territorial securities regulators, released Staff Notice 46-307 Cryptocurrency Offerings, which addresses how Canadian securities …
In 2011 Nextbigfuture projected a Mundane Singularity, where certain emerging technologies would start to have development and impact by Dec 2016. There were various updates and the last update was in January of 2017. I need to update and alter the January 2017 forecast andI will shift from calling it Mundane Singularity to Next Big …
Nvidia, graphic processing unit (GPU) maker, was announced as the smartest among all public and private companies by MIT because of its business savvy and innovative technologies. Nvidia is the leading provider of processing power for AI software, and its newer, AI-related businesses are growing quickly. Cryptocurrencies could be another big business for Nvidia. Nvidia …
Oracle joined the Hyperledger consortium because of the consortium’s approach to blockchain using open source collaboration, modular architecture, horizontal/cross-industry technology support, and support for enterprise needs. Oracle looks forward to participating in Hyperledger for the benefit of our global customer base and the market at large. The Hyperledger project is an open source initiative that …