6 Years Ago

Jonny Fry Posted

6 Years Ago |
Take two - Kodak is back!
 
In January 2018, KodakOne announced that it was going to launch the Kodak coin and, as a result, Kodak Inc share price went up 120%.The basic idea behind KodakCoin is to use Blockchain technology to help photographers manage their photos by creating permanent, immutable records of ownership. It was believed that KodakOne would make it significantly cheaper and faster to register and sell digital images. The Platform was said to offer a simple, transparent Blockchain-powered worldwide royalty accounting, licensing and payment system. The KodakCoin was never a part of Kodak Inc, but was a separate...


READ MORE

Jonny Fry Posted

6 Years Ago |
Will regulators and compliance drive tokenisation of assets?
There are a number of organisations trying to convince investors of the merits of Tokenising different assets classes, on the basis that once it is possible to buy a fraction/share in a property or piece of art or a car etc, it will enable smaller investors to participate and create a pool of liquidity. While this sounds very plausible in practice, illiquid assets such as art, property and classic cars tend to be the preserve of the very wealthy or institutional investors. These asset classes usually have little day to day liquidity, as...


READ MORE

Jonny Fry Posted

6 Years Ago |
Custody services for Digital Assets is becoming a reality!
 
In order for institutions to be fully engaged with Digital Assets, they are going to need a third party to look after their assets - a role which has historically been provided by custodians.The regulators in most jurisdictions insist that the organisations that manage your funds have to be independent from the entity that physically looks after the assets. The good news is that the options and choices for those looking for custody solutions for their Digital Assets continues to evolve. Metaco has announced that it is using Aon(the world’s second largest...


READ MORE

Jonny Fry Posted

6 Years Ago |
If you would like to come to a conference 6/6/19 in Amsterdam on Tokenizing Assets TeamBlockchain have managed to get some free tickets to this event.Please use this link to register: https://www.meetup.com/ICO-Meetup-London/events/261996474/

Jonny Fry Posted

6 Years Ago |
Major shipping firms join a Blockchain-powered supply chain and logistics platform
 
The United Nations, in 1996, established the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT). UN/CEFACT was mandated to find ways to improve global co-ordination and co-operation in trade facilitation and electronic business standards.
Its main priority continues to encourage interoperability: simplifying exchange of information up and down the supply chain, including commercial and governmental processes. TradeLenshas tried to digitise the written standards that UN/CEFACT created, as it has striven to harness Blockchain technology to bring greater traceability and transparency to international shipping of goods. It processes over 10...


READ MORE

Jonny Fry Posted

6 Years Ago |
“Lord Voldermort” ends up in a Singapore prison

Wherever there is money to be made, it seems there is always someone who wants to carry out “dodgy dealings”, and unfortunately this does not help the public’s perception about Cryptocurrencies. Law courts globally continue to hand out prison sentences to people who have some form of involvement with Cryptos and, while some of the nefarious activities are clearly criminal, some of those perpetrators are indeed extraordinary.
Take Mr Ye Lin Myint who was jailed for two years in Singapore, as he admitted criminal intimidation and harassment against a multitude of people. The 36-year-old...


READ MORE

Jonny Fry Posted

6 Years Ago |
$150 Trillion of assets and potentially 66% to be turned in to Digital Assets
Let me start by saying, this podcast interview with the founder and CEO of eToro(Yoni Assia) is over 1 hr long, BUT it is worth listening to: https://pod.link/1434060078.
eToro was only established in 2007, when Yoni and his brother thought there had to be a more user-friendly way for people to be able to buy and sell shares, currencies and other financial assets. They have achieved this by creating, what they refer to as, a “social market”. The eToro platform enables someone in Hong Kong to find an...


READ MORE

Jonny Fry Posted

6 Years Ago |
Smart Contracts are they the answer?
It is not long if you are involved with Blockchain technology before the subject of Smart Contracts arises. Smart Contracts was a term Nick Szabo was talking about them in 1997and he described them as “Smart Contracts utilize protocols and user interfaces to facilitate all steps of the contracting process. This gives us new ways to formalize and secure digital relationships which are far more functional than their inanimate paper-based ancestors”.
A more simplistic way to explain Smart Contracts is to think of them like a flow chart. For example, if the plane is late then...


READ MORE

Jonny Fry Posted

6 Years Ago |
Teamblockchain have managed to secure a number of free tickets to this event discussing Tokenising Assets which has over 25 speakers. Use this link to register https://www.meetup.com/ICO-Meetup-London/events/261866864/

Jonny Fry Posted

6 Years Ago |
Traditional assets, such as real estate investments or private company stock, are notoriously illiquid. It is difficult and expensive to transfer ownership of such assets. Tokenising these existing assets, on the other hand, allows a simple and efficient ownership verification and transfer system, powered by the blockchain.


Team Blockchain recognises the very powerful potential of this new arena and has arranged a special offer for its members tickets at the special price of ï¿¡195.00, saving 65% on the full conference fee.


Topics that will be covered by the conference are:
Security tokens
How to issue tokens in the blockchain
Regulation & governance
An investor’s perspective
Developing an...


READ MORE

Jonny Fry Posted

6 Years Ago |
A Chinese Digital Renminbi could potentially replace the US$ in some countries

WeChat, which has over one billion members, is owned by the huge Chinese tech company Tencent. This is the 5thbiggest company in the world, and is helping China to rapidly replace cash and enable Chinese citizens to digitally pay for all their goods and services. Over $50 billions of transactions in 2018 was carried out on WeChat, with WeChat handling over 48 BILLION messages a day!

In a recent survey, WeChat and Alipay (owned by Alibaba) were found to be responsible for over 50% of transactions, while cash had slipped...


READ MORE


Latest Comments

Jonny Fry Posted

6 Years Ago |
Digital payments are replacing cash and Cryptos are being accepted more and more in shops

In the UK, Digital payments over took cash payments for the first time last year, and the trend of using less cash when shopping looks set to continue, with now over 63% of UK consumers using contactless payment. Contactless technology was invented by Nickola Tesla,in 1898, using radio signals to control a model boat in New York. However, it took until 1995 for contactless tickets to be first used in Seoul in Korea to replace bus and rail paper tickets. Finally, in 1997, Mobil petroleum launched...


READ MORE

Jonny Fry Posted

6 Years Ago |
Four different ways Blockchain is being used in the agriculture sector

 
Blockchain technology is being used in a variety of ways to help improve efficiency, cut costs, create greater transparency and offer provenance of where goods have come from in the agriculture sector,here are four ways through which this is happening:

. Traceability- Blockchains are helping supply chains and logistics in the agriculture sector to improve traceability. This helps companies to quickly track unsafe products to their original source, so potentially preventing illness and reducing the cost of product recalls. A good example of this is the Walmart venture with IBM to...


READ MORE

Jonny Fry Posted

6 Years Ago |
Luxury Brand points to a more collaborative style of capitalism
 
Louis Vuitton Moet Hennessey (LVMH), which had a turnover of $46.8 billion in 2018,is the owner of luxury brands including the wine producer Chateau d’Yquem (which has been a vintner since 1593) and has officially announced a Blockchain-powered platform called Aura.
Aura is designed to enable luxury brands to be able to track materials that are used to manufacture items, through supply channels and production, to the shops where they are sold. It is also the intention to use Aura for some luxury brands for the trade of second-hand items such...


READ MORE

Joined 7th February 2019