Tag Archives: Blockchain Technology

Erik Finman and his business partner Marshall Hayner – the founders of Metal Pay – have invested roughly $1 million into a new venture fund called Metal VC. The purpose of the fund is to invest in new blockchain businesses and crypto-based products.Erik Finman Makes Metal MainstreamErik Finman is arguably one of the crypto space’s most intriguing figures. First getting into bitcoin while he was in high school, he turned to crypto trading as a hobby, though he was confident it could...

Photo: ShutterstockTechnology is constantly changing the way companies do business. Some technologies, ‘game-changing’ ones, actually go further than that and change the way companies are constructed and built. The competitiveness of a company these days is a direct function of its technological adoption and prowess.However, it’s very challenging to manage new implementations of technology in a cost-effective way. IT solutions implemented incorrectly might be needlessly complex, and might be...

Rock It Coin, a bitcoin kiosk company, has joined hands with the Blockchain Institute to install its 200th machine in the middle of Chicago.Rock It Coin Is Creating a World of Mainstream Blockchain AppsMichael Dalesandro, CEO and fonder of Rock It Coin, comments:This installation marks yet another milestone in our company’s growth. After installing machines across the country, it means a lot to install our 200th one in Chicago where we started the company… We see this [blockchain] technology...

Microsoft and Intel are backing a new type of rewards program for businesses developed by the Enterprise Ethereum Alliance (EEA). The program was first introduced at Devcon 5 in Osaka, Japan.A New Kind of Crypto Rewards ProgramRewards programs are solid ways of boosting crypto use. The more one utilizes or develops on a specific blockchain, the more rewards they can get. Typically, these rewards programs involve the garnering of tokens that individuals can spend or trade via exchanges and...

Considering there is so much hype surrounding bitcoin and other mainstream altcoins, is it possible we’ve forgotten about stable currencies? According to Jeff Garzik, that’s certainly the case.Jeff Garzik: Stable Coins Have a Lot to OfferGarzik is a former bitcoin core code contributor. While he’s confident bitcoin has a lot going for it, he believes the real staples of the crypto industry are stable coins, which he says are more valuable in a lot of ways in that they heavily mimic the...

Elementus, which seeks to locate illicit transactions involving digital currency, has garnered nearly $4 million in funds from Fidelity Investments, a company that has become rather friendly with crypto over the past year. Elementus Is Getting the Money It NeedsThe funding round was led by Morgan Creek Digital and saw several other institutions pledging their dollars and cents towards the company including Avon Ventures and Devonshire Investors. In addition, Stage 1 Ventures and Robot...

Patrick Byrne, the former chief executive of Overstock.com who sent shockwaves through the blockchain community not too long ago when he resigned from his post, has decided to sell all his company shares – worth roughly $90 million before taxes – and commit all his money to crypto and precious metals. Byrne Is Getting Ready for a Financial BreakdownByrne comments that he’s ready to go to war with the “deep state” and its “pet” the Securities and Exchange Commission (SEC).In 2014, Byrne was...

As the CEO of investing firm Blackstone, CEO Steve Schwarzman says that he’s used to a world where currencies are controlled by a central body, and thus he’s not a huge fan of how crypto is structured. Schwarzman: I Don’t Understand CryptoThis is to be expected from someone who’s been involved in traditional finance for most of his professional life. Having started the company in the mid-1980s, Blackstone has become one of the most successful trading platforms in the western hemisphere,...

Spark Swap, the new crypto startup that raised nearly $4 million in a recent seed funding round, has announced its support for USD, allowing customers to purchase bitcoin units directly through their Lightning wallets. Spark Swap: Harnessing the Power of LightningThe purpose of the funding round was to build a “non-custodial cryptocurrency exchange” atop the ever-popular Lightning Network, which seems to be growing in popularity as of late. Bitcoin is the oldest and most established...

A new blockchain phone is being released by HTC and Bitcoin.com. What’s special about it? It has a bitcoin cash (BCH) wallet built into it to potentially inspire its customers to get into cryptocurrency usage and trade options. Bitcoin Cash Is Taking OverThe fact that it has a bitcoin cash wallet and not one designed for its parent currency bitcoin makes more sense than one might think. Roger Ver, who owns Bitcoin.com, recently did a 360 when it came to cryptocurrency and, despite several...