Customisable, not custom blockchain solutions for SMEs arrive

    Blockchain offers a strategic opportunity for small and medium businesses, but even the most flexible SMEs are in no hurry to adopt this new data transaction tool. Moreover, the current high cost of сustomized solutions for enterprises is compounded by significant legal, technical, and financial issues preventing widespread blockchain adoption.     SMEs account for more than 50% of the world economy’s GNP, in addition to over 99% of all enterprises, according to recent ATKearney research. For example, 62% of China’s GDP (6.9 tln US dollars) is produced…

Read More

What is Blockchain and why should every business care

  A recent study shows how Blockchain can have an Impact on Business similar to that of the Internet. The blockchain is a centralized ledger of all transactions across a peer to peer network. Participants can now confirm the transactions without a central certifying authority. Blockchain technology is like the internet in that it has a built-in robustness.   By storing blocks of information that are identical across its network, the blockchain cannot be controlled by any single entity and has no single point of failure. Scientists and technologists alike…

Read More

Why Cybersecurity Is Crucial For Your Business

  These days, cybersecurity is a topic that every business has to address. More and more businesses get hacked every year as hackers get more sophisticated, sometimes even having the resources of an entire nation behind them. Private companies must take steps to ensure that they are protected against hacking and cyberattacks. But why is cybersecurity so crucial? In order to understand this, you have to understand more about how cybersecurity and cyberattacks actually work. Let’s take a close look at cybersecurity for business, including the potential for disaster that…

Read More

What are the Top 10 Cryptocurrencies?

    Almost everyone has heard of Bitcoin and its meteoric rise has been in the news the last few years but what other cryptocurrencies are out there and what are the top 10?     Bitcoin Bitcoin is the “big daddy” of all cryptocurrencies and Bitcoin was introduced in 2008 by Satoshi Nakamoto (alias) and released publically as open-source software in 2009, as    an innovative payment network and a new kind of money called cryptocurrency. In recent years Bitcoin has had meteoric rise in value and has captivated the…

Read More

What is Ethereum Classic – ETC?

  Ethereum Classic (ETC) is a “smarter blockchain, it is a network, a community, and a cryptocurrency that takes digital assets further”.  Value can be sent peer-to-peer and ETC allows for smart contracts that operate autonomously and immutable, they cannot be modified.   ETC IN THE NEWS   Our engineering team is beginning final testing of Ethereum Classic on Coinbase products. We expect final testing to be completed by Tuesday, August 7, at which point we expect to announce that we’re ready to accept inbound transfers of ETC.https://t.co/l7smcSY3q8 — Coinbase…

Read More

What is NEO?

  NEO, known in the market as the “Ethereum of China” is an open source blockchain project and cryptocurrency developed to digitize assets and to enable the management of those assets via “smart contracts”.   The term “neo” means new or modified. NEO was originally called Antshares and this was modified into what is now known as NEO. Digital Assets   Digital Assets are programmable assets that exist in the form of electronic data. There are many forms of digital assets – just look at your bank statement and with…

Read More

What is Tether?

  Tether is a cryptocurrency developed as a proxy for the US Dollar i.e. the value of Tether is designed to be one dollar and can thus be used as a digital dollar. Some of the popular cryptocurrency exchanges use Tether as a dollar replacement on their trading platforms.     According to their site, Tether converts cash into digital currency, to anchor or “tether” the value of the coin to the price of national currencies like the US dollar, the Euro, and the Yen. Like other cryptos it uses…

Read More

ICE Announces Ecosystem for Digital Assets, The Future is Bright says Investment Expert

  On Friday, 3 August 2018, Intercontinental Exchange (ICE) announced that it plans to form a new company, called Bakkt, which will leverage Microsoft cloud solutions to create an open and regulated global ecosystem for digital assets.     The new company is working with organizations such as Starbucks, Microsoft, and BCG to create an integrated platform for consumers and institutions to buy, sell, store, and spend digital assets on a seamless global network.   Rohit Kulkarni, Manager Director of Private Investment Research at SharesPost is very encouraged by this…

Read More

ECoinmerce Partners with GZH to Crowdsource New Product Designs

  Signs retail deals with TikTeck and NonScents for the Marketplace Preview   SINGAPORE — ECoinmerce, the world’s first decentralized and tokenized E-commerce marketplace, today announces a partnership with GZH, a blockchain-powered startup incubator and accelerator. Similar to the General Electric and Quirky partnership in 2013 to design IoT products, ECoinmerce will collaborate with GZH to crowdsource new product designs, consumer buying groups, and retailers for the ECoinmerce Marketplace Preview storefront.     “We look forward to working with GZH to develop the new generations of innovative products,” said ECoinmerce…

Read More

3 Ways Artificial Intelligence Is Changing the Finance Industry

    Financial industry worldwide is increasingly turning to Artificial Intelligence for various reasons. AI enables financial service providers to manage customers better, detect suspicious or fraudulent transactions and above all, helps the client to maintain their accounts better.     Whether AI will reign supreme to take over several functions that require human intelligence remains to be seen. However, in the current scenario, AI is the finance industry in several ways. Understandably, AI integration in financial services differs in every country.   While the US and some countries in…

Read More