5 Years Ago

Logistics Giant UPS Invests into Enterprise Blockchain Company Inxeptio

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Inxeption has designed a blockchain-based e-commerce platform for B2B that catalogs and digitizes product information.

It integrates product design, manufacturing, and supply chain to help companies sell products online, either for the first time or in a scalable, smarter way. UPS and Inxeption will work together to develop new shipping solutions. The platform also features real-time analytics so customers can monitor online sales, and receive real-time order status, and security notifications.

“Inxeption’s technology is attractive to UPS because it helps unlock new efficiencies for customers using B2B e-commerce platforms,” said Kevin Warren, chief marketing officer of UPS. “UPS creates alliances and partnerships to gain market knowledge and position the company as the shipper of choice in e-commerce.”

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Blockchain
Manufacturing
Supply Chain
https://finance.yahoo.com/news/ups-unveils-equi...ccounter=1

London’s Lord Major Supports Cryptocurrencies

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The UK, London Lord Mayor, Peter Estlin believes that while there have been some negative comments around cryptocurrencies the technology that they are built on holds some interesting opportunities that business should grasp but with caution.

He believes that in the same way in 17th century London dominated the insurance sector Fintech and FCA’s incubator approach are set to be at the forefront of digital innovation.

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Cryptocurrency
Finance
https://coinpedia.org/news/london-city-encourag...ocurrency/

Belarus Launches Platform that Lets Users Trade Tokenized Securities

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Belarus has launched a trading platform that enables customers to buy tokenized versions of shares, gold and other assets, Reuters reported Jan. 15.

 The platform started with 150 assets but hope to grow this to over 10,000 and within the first few hours of opening claimed it had over 2,000 people register on its platform. It will be possible to buy shares, gold, precious metals like gold, foreign exchange, and more, in addition to cryptocurrencies.

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Finance
Security Token
https://www.investinblockchain.com/belarus-laun...-platform/

Spanish Automobile Manufacturer SEAT Has Joined Car Manufacturers Consortium to Work on the Development of Blockchain-based Product

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SEAT joined Alastria, a multi-industry, semi-public consortium backed by a national network of more than 70 companies and establishments.

These include such major players as banks BBVA and Banco Santander, telecommunications provider Telefónica, energy firm Repsol and professional services company Accenture. The goal of the alliance is to promote the advancement and development of blockchain technology.

As part of the collaboration, SEAT plans to test the benefits of blockchain in the field of finance, aiming to improve and optimize the existing processes and facilitate supply chain management.

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Blockchain
Manufacturing
https://tokenpost.com/SEAT-joins-Spanish-blockc...stria-1110

European Market Securities Guidance on Crypto Assets and ICOs

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The European Securities and Markets Authority (ESMA) has just published its “Advice” on “Initial Coin Offerings and Crypto-Assets.”

In the past, ESMA has issued several warnings regarding crypto-assets and virtual currencies. The Advice outlines ESMA’s position on the issues that exist in the rules within ESMA’s remit when “crypto-assets qualify as financial instruments and the risks that are left unaddressed when crypto-assets do not qualify as financial instruments.” While not mentioning any country by name, France is the largest EU member that is in the process of creating rules that apply to initial coin offerings (ICOs).

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Corporate Finance
Cryptocurrency
ICO
https://documentcloud.adobe.com/link/track?uri=...061952368b

tZero Files a Patent to Allow Integration of Crypto to Legacy Systems

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Crypto Integration Platform” capable of combining market information from a variety of sources to determine best prices.

The system would then “secure both the digital transactional items (i.e., the funds for a buy order and the digital assets or liabilities for a sell order)” before conducting the transaction. These transactional items could include digital assets, liabilities, commodities, cryptocurrencies, tokens or cash.According to the patent, the system will also sign the transactional items cryptographically prior to matching the orders.

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Cryptocurrency
Securitisation
https://thetokenist.io/tzero-registers-u-s-pate...-platform/

Crypto funds appeal for patience after market rout

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Fund managers specializing in cryptocurrencies are appealing for patience from investors, after a year in which huge falls in prices severely dented their performance.

In a December letter to investors, San Francisco-based Pantera Capital admitted that 2018 had been “a difficult year for all cryptocurrencies and tokens”. “After such a prolonged drawdown in the market, it’s important to reflect and re-evaluate the thesis behind utility tokens,” wrote Mr. Morehead and Joey Krug, co-chief investment officer, in the letter. Galaxy Digital, a crypto and blockchain-focused merchant bank set up by Mike Novogratz, a former hedge fund trader, and Goldman Sachs partner, also found the going tough.

“The asset class continues to show signs of maturity, as headlines that once would have led to frenzied trading sessions have given way to patient market participants who want to see and react to results, not headlines,” Galaxy wrote in a November letter to investors. In November Mr. Novogratz told the FT that 2018 had been “ challenging” but he has predicted that financial institutions will move from investing in cryptocurrency funds to investing in cryptocurrencies themselves, early this year. “That’s when prices start moving again,” he said.

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Cryptocurrency
Finance
Investment Funds
https://www.ft.com/content/46f022a2-0e65-11e9-a...8c761d2745

World’s First Blockchain Sukuk Transaction Just Happened in Abu Dhabi

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The issuing of the world’s first Islamic bond using blockchain.

Al Hilal Bank used blockchain technology to transact a secondary market deal of a $500m bond. Given the thriving economies of many Islamic countries, we are likely to see many more banks using the transparency and efficiency that can be achieved by issuing bonds on a blockchain. One of the key components of a Sukuk bond is that of transparency in that all the costs and charges are open and clearly stated and this lends itself to a technology like blockchain where there is one ledger that holds all the relevant for the buyer and seller to see in a very open transparent manner.

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Blockchain
Corporate Finance
https://www.albawaba.com/business/world%E2%80%9...bi-1219090

Western Union Considers Crypto, Partners with Ripple to Test Blockchain Payments

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If Western Union will deal in cryptocurrencies could this mean you do not need digital exchanges?

The president of Western Union Global Money Transfer has claimed the company is “ready to adopt any kind of currency,” potentially including cryptocurrencies. Odilon Almeida stated there is no big difference between cryptocurrencies and regular digital payments, the likes of which Western Union has been handling for years. Almeida believes that the firm’s long-term stance makes it potentially ready to launch any type of currency, including blockchain-based ones. However, Almeida thinks that in order to achieve mass adoption, cryptocurrencies have to solve problems with volatility, governance, and compliance. As per the Western Union exec — hinting at the concept behind some stablecoins — the issue with volatility in crypto markets can be addressed by pegging coins to some “strong currencies, such as the [United States] dollar.”

Apart from cryptocurrencies, Western Union is also exploring the use of blockchain. According to a press release accompanying the video, the firm has already partnered with Ripple to “test whether sending payments by blockchain was faster and less expensive,” adding that the “tests are ongoing.”

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Banking
Cryptocurrency
https://altcointoday.com/western-union-consider...a560076-l/

Why crypto will be eaten by Facebook, Google, Amazon and Apple

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Co-founder of TeamBlockchain, Thomas Power, with over 30 years of experience building online digital communities, believes that it is just time before the FANGs - Facebook, Amazon, Netflix, and Google start gobbling up the leading crypto players. Just like Dotcom, there will be a handful of winners from the 5,000 ICOs we have seen to date as they give way to the more compliant institutional friendly security tokens.

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Cryptocurrency
Digital Currency
Social Media
https://decryptmedia.com/2018/12/19/why-crypto-...nd-apple//

The Issuing of the World’s first Islamic Bond Using Blockchain

BBFTA News Editor | | PERMALINK

Al Hilal Bank used Blockchain technology to transact a secondary market deal of a $500m bond.

Given the thriving economies of many Islamic countries, we are likely to see many more banks using the transparency and efficiency that can be achieved by issuing bonds on a blockchain. One of the key components of a Sukuk bond is that of transparency in that all the costs and charges are open and clearly stated and this lends itself to a technology like blockchain where there is one ledger that holds all the relevant for the buyer and seller to see in a very open transparent manner.

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Blockchain
https://www.albawaba.com/business/world%E2%80%9...bi-1219090

Mobile Phones Embrace Blockchain and Cryptos

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Dealing in Digital assets is not a user friending experience, however, doing this on a mobile phone could further accelerate the use of Blockchain and Cryptocurrencies.

While Samsung has denied rumors it is about to launch a Crypto enabled phone, it has been bust filling patents blockchain and crypto related patents. Meanwhile, rival phone manufacturer, HTC, has confirmed that their latest phone will be crypto enabled.

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Blockchain Influencers
Cryptocurrency
Mobile Phones
https://www.newsbtc.com/2018/12/14/crypto-and-b...e5a560076-

Looking to do a Security Token Offer (STOs) or Another Type of Cryptocurrency?

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You may find this checklist helpful before you talk to your lawyer! A list of the types of questions a lawyer will want answers to given STOs will need to comply with Security legislation in different jurisdictions. While this process is lengthy those that follow the rules and have a digital asset that can be traded potentially 24/7/365 globally could steal a real advantage of their competitors…

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Cryptocurrency
Security Token
https://www.koreconx.com/2018/09/12/top-questio...sa-canada/

Why crypto will be eaten by Facebook, Google, Amazon and Apple

BBFTA News Editor | | PERMALINK



Co-founder of TeamBlockchain, Thomas Power with over 30 years of experience building online digital communities believes that it is just time before the FANGs - Facebook, Amazon, Netflix, Google start gobbling up the leading crypto players. Just like Dotcom, there will be a handful of winner form the 5,000 ICOs we have seen to date as they give way to the more compliant institutional friendly Security Tokens.

#FrontierInsights
Cryptocurrency
ICO
Security Token
Social Media
Source: Why crypto will be eaten by Facebook, Google, Amazon and Apple