7 Years Ago

Jonny Fry Posted

7 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...


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Jonny Fry Posted

7 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...


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Jonny Fry Posted

7 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

7 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 ￡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...


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Jonny Fry Posted

7 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...


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Jonny Fry Posted

7 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...


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Jonny Fry Posted

7 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...


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Jonny Fry Posted

7 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...


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Jonny Fry Posted

7 Years Ago |
If you would like to come next Monday we have MakerDAO talking about Stablecoins, Jess Houlgrave talking about how Blockchain is being used by auction houses and ‘2030’ presenting lessons on being UK’s first STO Please use this link to register as spaces are limited https://www.meetup.com/ICO-Meetup-London/events/260487288/

Jonny Fry Posted

7 Years Ago |
 New European prospectus legislation and the 5thMoney laundering directive will help STOs
 
The European Union last year agreed on new prospectus regulationsthat will come in to force on 21/07/19, which will give clarity as to how much capital a company is able to raise when doing a securities offering in each member state. It will be possible to raise up to Euros 8 million within any 12-month period from the general public, without the need for a prospectus.
The summary below shows the different amounts that each country will allow to be raised before a prospectus is required:

 
This new regulation will...


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Jonny Fry Posted

7 Years Ago |
How long with the US$ be the global currency?This article is only 5 months old, already Saudi Arabia and Facebook are talking about having their own Digital Currency. #business #facebook #blockchain #digitalassets #cryptocurrency #tokenization https://medium.com/coinmonks/is-time-up-for-the-us-as-the-worlds-reserve-currency-c05b581dec79

Jonny Fry Posted

7 Years Ago |
Pepsi have been working with Mindshare to see how the process of digital advertising can be more efficient and cost effective. The challenge for buyers of digital adverts is only a small proportion of the money spent by advertisers reaches publishers. As there are numerous intermediaries taking a cut of the spending. Also, a considerable amount of the amount spent on digital adverts is fraudulent or inaccurate, as it includes activity from "bots". Pepsi in March this year ran a trail in Asia and saw that there was a 28% improvement ‘in terms of costs for viewable impressions, in running the...


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Jonny Fry Posted

7 Years Ago |
How Blockchains can help identify fraudulent CVs
 

 
With over 30% of CVs potentially containing fraudulentinformation, any way for HR departments to be able to check a candidate’s qualification has to be welcome.
The cost to get copies of your old “O-level”, “A-Level”, or University degree certificate can be as much as £40 per qualification. The hassle factor dealing with and time it takes can be considerable for many existing analogue data bases. However, if the qualifications are held digitally, tamper-proof and securely on a Blockchain, employees and employers alike can efficiently have access to copies of the qualification documentation.
A research group in...


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Joined 7th February 2019