Using Blockchain to Make Cross-Border Payment

CANADA – Jon Dela Cruz – The use of the blockchain technology for overseas money transfers limited to startups until now, but it appears that banks don’t want to be left out of the race either.     Crédit Agricole, a French bank, through an announcement in January 2018, mentioned it will start using Ripple’s blockchain technology on a trial basis. This is so it may improve the efficiency of money transfers for customers who live in close proximity to the Swiss border. These transfers usually take up to three…

Read More

How can Cryptocurrency and the Blockchain help us

On the 31 October 2008,  the Bitcoin whitepaper was released via the metzdowd mailing list. Bitcoin – Peer to Peer electronic cash.  A historical day which set in motion the “Internet of Money” causing disruption to financial institutions, governments, and all of us in general.        Cryptocurrency and the decentralised digital cash system has revolutionized the way we transact with value as well as invest some of our savings.  Raising capital has changed with the introduction of crowdfunding and ICO’s, Initial Coin Offerings vs traditional funding methods.  The…

Read More

How Blockchain could kill Netflix

Video and movie distribution has seen its share of disruption. Videos stores like Blockbuster was disrupted by Netflix and now even Google and Amazon are streaming video content. Blockchain technology, powered by nodes of peer-to-peer computers around the world, is on the rise.   Can we expect decentralized entertainment applications built on blockchain to replace streaming services like Netflix or Amazon?   Blockchain has the power to fundamentally disrupt the entertainment industry because it brings out a completely new, decentralized model for content distribution.   In a decentralized world, no…

Read More

Is Blockchain the Solution to the Global Education Gap?

Education has the power to change lives. Unfortunately, not everyone has equal opportunities for success. The problem falls largely on socioeconomic barriers to receiving academic support. According to a 2012 Stanford report, by high school, the test scores for low-income students average three to six grade levels below students from affluent backgrounds. The difference is even more dramatic with students in developing countries with limited resources for education.   A major factor in the wide education gap globally is uneven access to tutoring. Tutoring allows students to reinforce their classroom…

Read More

What was the First Product to be Bought with EOT?

Cryptocurrency is becoming more popular as a peer to peer payment system and there is no doubt that adoption will increase over time.   The utility cryptocurrency, EOT, recorded the first sale in December 2017.       How does a payment work – A transfer of funds between two digital wallets is called a transaction and this transaction is submitted to a public ledger called the blockchain where it awaits confirmation.  When a transaction is made, wallets use an encrypted electronic signature to provide a mathematical proof that the transaction is…

Read More

LiveTree launches exciting ICO to disrupt and decentralize Hollywood and the Mass Media

LiveTree is an established, socially responsible crowdfunding company based in London, UK. Over the last two years, it has captured 5% of the UK crowdfunding market (in the film and content category) and forged partnerships with several leading names in entertainment, including the British Film Institute Future Film, the Screen Arts Institute, Red Rock Entertainment and 20 independent organizations. LiveTree has compiled a contact directory of 14,000 entertainment suppliers and thousands of individuals who work across film, TV and content.   Having established a unique, successful and sustainable crowdfunding model2…

Read More

Multi-firm blockchain implementation for equity swaps completes second phase

Axoni and eleven-firm working group complete successful second phase of peer-to-peer blockchain infrastructure for equity swaps processing.   NEW YORK and LONDON, Nov. 20, 2017 /PRNewswire/ — Eleven firms announced today the successful completion of a pilot to manage equity swap transactions and related post-trade lifecycle events. The implementation employs blockchain smart contracts and uses an optimized data structure in a distributed, peer-to-peer network to ensure perpetual reconciliation.   A continuation of an initial proof of concept, the pilot expanded the blockchain network to process equity swap lifecycle events, end-to-end. Having both sides of a…

Read More

Bitcoin Believers Gobble up Satoshi’s White Paper

Many have been watching Bitcoin grow in value over the past few years, and in particular, over the past year or so. More investors are being drawn to Bitcoin due to Geo-Political risk, failing economies and traditional investments which create fear and uncertainty.  The high Return on Investment (ROI), strong fundamentals and a bullish outlook for the future of Bitcoin and blockchain technology is very appealing.   During the Global financial crisis of 2007–2008,  which is considered by many economists to have been the worst financial crisis since the Great Depression…

Read More