6 Years Ago

Jonny Fry Posted

6 Years Ago |
The London Stock Exchange (LSE) which is one of the largest regulated exchanges globally has issued a STO worth £3 million on the LSE’s Turquoise platform. This is the first STO, or as some are calling it, Equity Token-Offering (ETO) for The LSE which has been carried out within the Financial Conduct Authority’s (FCA) Fintech Sandbox for a company called 20/30.

Nivaura, helped with the 20/30 STO, recently raised over £20million from Linklaters, Allen and Overy and The LSE for themselves, were responsible for issuing a bond on the Ethereum network, claim that using Blockchain technology the costs of issuing a...


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Jonny Fry Posted

6 Years Ago |
FYI:

The giant Dutch bank ING has being called upon the cryptographic skills of Stanford University in California, University College London and start-up Blockstream, to offer greater privacy when transferring Bitcoin by hiding the amount to other third parties. ING are calling this new method ‘Bulletproof”, and claim it is 300 times more efficient than some other methods of sending Digital currencies. Interestingly this new method may be extremely helpful as way to record data using Blockchain technology and still comply with GDPR regulations across Europe.

Keeping user information and data private has been a real challenge for exponents of Blockchain technology and...


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Jonny Fry Posted

6 Years Ago |
When is an IPO not an IPO? When it is an ICOs, STO, IEOs, DPO, TCR and Direct Offer.
 
In 2014 Mastercoinlaunched the first Initial Coin Offering (ICO) but it took nearly three years for this capital raising mechanism to really take off, which has created over 5,000 tokens being issued, raising over $20 Billion on a global basis. As regulators turned their attention to ICOs and argued that many of the ICOs ought to be treated as securities it has led to development of Security Tokens (STO). STOs are normally asset backed and typically subject to security regulations in the...


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Jonny Fry Posted

6 Years Ago |
UN aviation president claims Blockchain can help its industry, which is estimated to double in size by 2035
 
In a speech at the inaugural Council for the International Civil Aviation Organization (ICAO) in Abu Dhabi, the UN aviation president claimed that air traffic is going to double up in the next 15 years and believes Blockchain technology can make the industry more efficient. Handling the huge amount of data and security measures required to transport passengers across the world is a real challenge for the airline industry. However, by using a technology such as facial recognition, interacting with government data bases and having...


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Jonny Fry Posted

6 Years Ago |
Blockchain start-up completed what it claims to be the world’s first end-to-end international blockchain trial for real estate
 
In the UK a new start-up called International Property Networkbelieves (IPN) that for the first time they have completed a property transaction involving banks, conveyancers, agents, legal teams, buyers and sellers using Blockchain technology.
U.S.-based law firm Squire Patton Boggs, U.K.-based law firms Ashurst and Clifford Chance, Barclays, Commerz Real, SBI Nihon SSI, BBVA, Swiss Re and Royal Bank of Scotland are among 40 companies on the IPNs platform as they seek to save costs and reduce the costs of real estate transactions.
IPNS claim...


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Jonny Fry Posted

6 Years Ago |
VKontaktea social media network service and Russia’s most popular website looks to launch it’s own token –Vkontakte was established in 2006 and with over 500 Million accountsit is the ninth most visited website in the world according to SimilarWeb, and is now looking to create it’s own a Digital Asset according to an RNS article. It is thought that users of the Russian social media site will be given tokens based on the amount of time they spend on the platform. According to RNS, the tokens earned this way could be transferred between users, to purchase goods and potentially be...


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Jonny Fry Posted

6 Years Ago |
UPS to use Blockchain technology for its new B2B e-commerce platform - UPS the global delivery company, established in 1907, had revenues of over $64 Billion in 2017, has been looking at Blockchain for a while. In Q3 2018 it joined The Blockchain in Trucking Alliance as it looked to improvetransparency and efficiency among consumers, merchants and other parties in supply chains it services. UPS had  filed for a patent in August 2018, that involved, storing information about goods they ship, from where they have been dispatched to their destination, creating a shipment plan including payments using Blockchain  technology. Although UPS’s...


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Jonny Fry Posted

6 Years Ago |
UK Parliament looks at Ten examples of how Blockchain technology can help the economy- The All Party Parliamentary Group on Blockchain (APPG Blockchain) that has been running workshops since January 2018 and has helped increase the awareness with MPs about the challenges and opportunities that Blockchain technology offers. The APPG Blockchain events, coordinated by the Big Innovation Centre has led this week to a show case in Parliament for ten companies to illustrate how Blockchain technology could impact and in some cases is already changing the way that business is carried out. Ten companies explained how they were using Blockchain technology...


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Joined 7th February 2019