5 Years Ago

KT Corporation which is South Korea’s largest telecoms company is set to launch a Cryptocurrency which will be called the K-Token and initially will be rolled out as a pilot project in a city called GIMPO. 

The intention is that K-Token will be used in shops for transaction and will enable the funds to be converted into fiat and transferred to one bank account without incurring fees using QR codes. We are seeing more and more examples of organizations using Digital assets like the K- Token powered by Blockchain technology entering everyday lives.   like this are a long way from the volatile initial Crypos like Bitcoin and as importantly will be much more user-friendly to use, thus addressing two key barriers to more wide-scale adoption of Digital Assets. K-Token is an interesting experiment which if successful could be copied by towns and cities globally who want to build local communities using Digital Assets for commerce.

#FrontierInsights
Crypto
Telecommunications
Digital Assets
https://www.dcforecasts.com/south-korean-teleco...ocurrency/
Grayscale who hold 203,000 Bitcoins i.e. over 1% of the total circulating supply, in their 2018 report are still optimistic on Cryptocurrencies and say that over 66% of investments into their funds were from institutions.

Interestingly a lot of the institutions are investing cash/fiat and research from JP Morgan has calculated that the amplifier effect of cash on the Crypto sector could be as much as 1:117.5. To put this more simply $1million in cash has the impact of increasing the cryptocurrency market by as much as $117.5 million. As we see greater liquidity and money coming into Digital Assets the amplifier effect no doubt be smaller, but clearly in the short term, it is easy to see how relatively small sums of capital could drive up prices-. Unfortunately would this once again send the wrong message especially to smaller investors looking to make a quick buck?

#FrontierInsights
Cryptocurrency
Investing
https://www.newsbtc.com/2019/02/15/grayscale-se...ring-2018/
The internationally acclaimed author and historian who has written 14 best selling books recently said “Bitcoin itself is only money in a very limited sense, which I would define as follows: It is an option on digital gold.

By this, I mean that bitcoin’s role in the foreseeable future is as a liquid asset that is hard to confiscate, and thus serves as a type of insurance. You might hold your private keys the same way the European wealthy used to hold gold jewelry and precious stones. However, the experiment launched by Satoshi Nakamoto in 2008 is not yet finished. To own bitcoin today is to have an option on Satoshi’s experiment succeeding”.

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Bitcoin
Digital Currency
https://bitcoinexchangeguide.com/finance-author...ital-gold/
Union bank in the Philippines is to launch a network of Cash machines/ATMs that will allow one to convert Pesos to Crypto or Crypto to Pesos.

The Philippines central bank has been allowing Crypto payments since 2017 as well as regulating Crypto Exchanges as it aims to ensure that these assets do not attract the wrong users – hence regulation. This is another sign of how Asia seems to be embracing the Digital Asset and follows the lead of a number of South American countries who also have a network or ATMs that handle Crypto currencies.

#FrontierInsights
Banking
Cryptocurrency
https://www.investinblockchain.com/union-bank-p...rypto-atm/
We have been asked on a number of occasions what are the repercussions if you do not comply with the regulator…

Well following a FBI investigation Homero Garza is now doing time for his involvement in an alleged scam where over $9million of other people’s money was lost. The other question often asked is ‘following the 2008 financial crash no one went to prison” but this is not true according The Financial Times 47 people have been sentenced to date. The lesson is the regulators have teeth and WILL use them and as we increasingly see more and more Security tokens being issued organisations need to ensure they are complying with the relevant regulations wherever selling a token…

#FrontierInsights
Law
Regulators
Security Token
https://bitcoinexchangeguide.com/fbi-gives-payc...tor-heist/
 Facebook has bought a Blockchain company that was founded by University College of London researchers who specialize in Smart Contracts. 

The deal is rumored to have been driven to help Facebook secure talent in this highly competitive blockchain sector as opposed to buying a profitable business. Facebook on 21/12/18 announced that it was looking at launching its own Cryptocurrency to run via WhatsApp and to initially be launched in India. Facebook as at the end of 2018 was sitting on over $41billion in cash and with a stranglehold along with Google over digital online advertising it is in a very strong position to complete further deals in this rapidly developing sector.

#FrontierInsights
Blockchain
Cryptocurrency Investments
Social Media
https://breakermag.com/facebooks-chainspace-acq...the-world/
NASDAQ is the worlds 2nd biggest stock exchange developed a range of surveillance technology to ensure that good market practices are upheld and regulators and traders can have confidence in prices and general trading.

Such monitoring services are now being deployed by at least seven Crypto exchanges and one suspects many regulators will want to question what systems other Crypto exchanges have in place similar to what NASDAQ offers. Such surveillance systems are further signs of Digital Assets maturing and embracing the infrastructure required so that governments, regulators and traditional investors will draw comfort and be more engaged in this new asset class.

#FrontierInsights
Crypto
Regulators
Digital Assets
https://www.financemagnates.com/cryptocurrency/...ance-tech/
IBM has been developing its Food Trust Blockchain project since 2016.

Nestle has been using Food trust to track where some of its ingredients come for its baby food brand Gerber. Food Trust, keep data about harvests, processing, packaging, and shipping, that can be retrieved in seconds compared to days or even weeks using traditional data storage records. Food Trust has performed traceback tests as fast as 2.2 seconds, compared to seven days before blockchain, FreightWaves reported.

#FrontierInsights
Blockchain
Food & Beverages
https://cointelegraph.com/news/nestle-ibm-food-...rs-in-2019
The UK’s new blockchain and frontier technologies industry association launches at London Blockchain Week

The BBFTA (British Blockchain and Frontier Technologies Association) launched today (Monday 11th February) at Fintech Worldwide’s London Blockchain Week and is already attracting the attention of senior industry figures from across the globe.

According to Founding Chair Barry James, Blockchain technology is set to remake not just money and the financial system, but the entire internet and so the world - but not in isolation.

“Its doing this by providing the trustworthy backbone on which other established and frontier technologies can build. This is happening very rapidly across a wide range of industries which is why we need a new model association - open to the world and with a new online network at its core.

“A network that can help not just bring people together and disseminate use cases and best practice but also help catalyse new initiatives, ventures, consortia and groupings. Helping lead the world into a new era.”

The association’s founders have been working together with industry leaders from a broad range of sectors to create an association to represent, and network, the industry as a whole.

BBFTA Founder Helen Disney, CEO of Unblocked Events, commented “2019 is set to be a very exciting time in blockchain. We’re listening to our members more than ever and what we’re hearing loud and clear is the need to see blockchain projects out there in the real-world. We have some very exciting partnerships and new services to announce with corporate members in the coming days.

“Membership has grown rapidly pre-launch and feedback and research has enabled us to build a unique platform that enables members to network, collaborate on mutually beneficial projects and to build new ventures.” says Sharon Henley, Founder and Marketing Director at the BBFTA, “Our research revealed overwhelming interest from members to network together to integrate and leverage Blockchain across the wider range of Frontier technologies and solutions. These include Virtual Reality, Augmented Reality, AI, Drones, IoT, Machine Intelligence and Autonomous vehicles - and of course fintech.

According to Dr Jane Thomason, Founder of BBFTA and Global Nomad at Blockchain Quantum Impact, “We are just beginning to understand the possibilities out there right now and excited to know that our members will be at the forefront of the paradigm shift as it happens. It is already causing seismic shifts in thinking within a range of business. There are valuable synergies when two or more innovative and ground-breaking technologies come together. The newly formed BBFTA will be right there at the forefront , supporting our members through their journeys into the a new digital age.”

For more information on the BBFTA, and to join, visit bbfta.org


One of the bigger asset classes is property yet it is largely been the preserve of wealth sophisticated investors or institutions. It historically has suffered from a lack of liquidity, some argue transparency and little innovation until now. Having a Digital Asset-backed by property and then being able to trade 24/7 attracting smaller investors on a global basis potentially could increase liquidity substantially.

#FrontierInsights
Property Development
Security Token
Digital Asset
https://thefintechtimes.com/property-market-tokenisation/
Google is trying to capture data and information on a variety of blockchains as they know only too well data is king and more and more is being put on to blockchains and held cryptographically away from current search engines.

Google believes that customers want accessible searchable blockchains so have developed Blockchain ETL (extract, transform, load) which enables generalized searches on Blockchains. It is proving to be popular with over 500 projects being established via viral marketing and word of mouth. The tech giants Google Amazon Facebook and Microsoft will not want to be shut out by blockchain or digital assets which is why they are investing so heavily into these sectors.

#FrontierInsights
Blockchain
Data Analytics
Market Research
https://www.forbes.com/sites/michaeldelcastillo...0f63954248