Tag Archives: Blockchain Technology

It’s always interesting to see things get reversed. Typically, one often witnesses figures in the financial space – i.e. Warren Buffett, etc. – touting blockchain while believing that crypto is the money of criminals and do-nothings. Nic Carter, on the other hand, believes the exact opposite.Carter Is Pro Crypto, Not BlockchainAs the founder of Castle Island Ventures – a venture capital firm – Carter explained in an interview that blockchain is consistently touted as the eight wonder of the...

The Securities and Exchange Commission (SEC) is continuing to exhibit its newfound hard-as-nails attitude towards crypto and blockchain ventures, and has recently enforced a $250,000 penalty on a startup called Blockchain of Things Inc. (BCOT)The SEC Is Not to Be Taken LightlyThe SEC alleges that the company hosted an unregistered initial coin offering (ICO) back in December 2017. That ICO resulted in roughly $13 million in capital gained for BCOT. Granted the company is forced to comply with...

At press time, bitcoin isn’t doing so hot. The number one cryptocurrency by market cap is down for the count and trading in the $6,000 range.Bitcoin Still Has LoyalistsAnd yet, much like gold and other precious metals, the digital asset can’t seem to shake its followers, some of whom hold rather prominent positions in the world of finance. One such follower is 59-year-old Nassim Nicholas Taleb, the author of bestselling books like “The Black Swan” and “Fooled by Randomness.”Taleb says he’s...

Karuschain – a blockchain company that seeks to connect distributed ledger technology to the world of precious metals – has hired the “Bitcoin Man,” Herbert R. Sim, as its latest adviser and investor.Karuschain Mixes Blockchain with Precious MetalsIn a statement, the company’s CEO Richard Verkley announced:We are pleased to have ‘the Bitcoin Man’ himself coming in as a lead investor, and simultaneously as a key adviser. His years of experience in the blockchain and cryptocurrency industry...

One source is saying that the reason for bitcoin’s recent nosedive has to do with the idea that interest in China is starting to wan.China: The Land of Bitcoin’s Life… and Death?China is arguably the biggest bitcoin haven in the world. Home to two of the world’s largest crypto miners in Canaan Creative and Bitmain, the country has become rather “kind” and open-minded when it comes to digital currency despite several steps to seemingly shut them out before. Among the maneuvers taken to prevent...

Several countries continue to pave the way for cryptocurrency and blockchain, the latest example being Lesotho in Africa. With a population of only 2.2 million and a relatively small government system, the nation has entered a “memorandum of understanding” (MOU) with the crypto company Apollo to potentially experiment with blockchain technology and see how it can best be implemented into the country’s regulatory bodies.Apollo Is About to Empower Lesotho with BlockchainLesotho announced in a...

Cryptocurrency is taking over where traditional finance has failed, and Zurich, Switzerland is a prime example of this.Zurich: The New Crypto Capital of the WorldAs we all know, several new crypto and blockchain businesses have sought to make their homes in Switzerland thanks, in part, to the region’s easy-going regulatory stance on digital currencies. The country is even home to what is affectionately known as “Crypto Valley,” a section that’s devoted strictly to crypto startups and product...

A new cryptocurrency course alleges that it can make digital currency a lot less confusing, and it costs less than $40.A Cryptocurrency Course That Identifies Buy and Sell SignalsCryptocurrency and blockchain education are growing, but it’s still not at the level it needs to be. While many companies are looking to add blockchain talent to their teams, many potential employees simply don’t have the knowledge or experience necessary to do the jobs at hand.In addition, many companies are looking...

Do you hate transaction fees? If you’re like everyone else, you probably do. Transaction fees are part of the financial process. When you transfer money to secondary hands, there’s a third party or financial services company that must verify the transaction and do the moving. They garner fees for their services and ensure everything occurs normally.Transaction Fees Are Causing Serious IssuesTransaction fees on the blockchain, however, are an ugly addition to what should have been a completely...

Blockchain technology is predominantly associated with crypto. As a distributed ledger system, it is designed to ensure transactions are properly recorded and that there is solid, truthful evidence of money, assets or other property transferring from one party to the next.What Is the Power of Blockchain?What not a lot of people realize, however, is that blockchain has a lot of other uses that don’t necessarily apply to finance. Perhaps the big stickler is that blockchain can potentially serve...