4 Years Ago

Jonny Fry Posted

4 Years Ago |
Blockchain can help the environment

A recurring question we receive is: “I thought Blockchain technology was bad for the environment as it uses so much electricity”. So, we decided to analyse how this technology is helping to meet the challenges of climate change. A report from the World Economic Forum (WEF) has illustrated how ‘Blockchain technology can be used to help commodity mining companies reduce their emissions’. The WEF has also published its finding on ‘How blockchain and cryptocurrencies can help build a greener future’.


The website, Future Thinkers, cites seven ways in which Blockchain technology is able to help improve...


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Jonny Fry Posted

4 Years Ago |
Stablecoins and CBDCs: challenges and use cases 

The term stablecoin, a digital currency backed by US$s, could be seen as somewhat misleading for American citizens since they will have witnessed the value of their $ fall in value over time. The lack of stability/buying power can be seen due to the impact of inflation. One US$ in 1695 would be worth 76.5 times than it is today or, to think of it another way, one US$ in 1935 is worth 20 times what it can purchase today.


The impact of inflation is not confined to the $. Since its launch,...


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Jonny Fry Posted

4 Years Ago |
Investing in Digital Assets continues unabated

The interest in Digital Assets continues to rise and, according to Crypto.com which carried out research on 24 of the largest crypto exchanges, now over 221 million people globally claim to own some form of Digital Asset. The other trend identified by Crypto.com is that the dominance of Bitcoin and Ethereum is reducing, from 67% at the beginning of 2021 to 51% by the end of 6th July 2021, as investors are now buying other cryptos. There are reported to be over 504 digital exchanges with Coingecko having a list of over 489, of which...


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Jonny Fry Posted

4 Years Ago |
Guide to Bitcoin and the terminology used

  

We have had a number of number of people asking for a simple explanation about the biggest cryptocurrency - Bitcoin. Here are some of the most common questions asked:

 

What is Bitcoin?

A virtual currency, sometimes called a digital currency. It is also known as a cryptocurrency because it uses cryptographic security (therefore difficult to hack) which enables users to make peer to peer (to another party) transfers without needing to use a traditional bank or exchange. This is possible due to the fact that Bitcoin uses the Bitcoin Blockchain, launched in January 2009, and because...


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Jonny Fry Posted

4 Years Ago |
Asset managers find Digital Assets irresistible

 Venture Capital (VC) funds invested a record $8.8 billion into blockchain and Digital Assets in the first half of 2021, hitting an all-time high . One of the most active VC firms, Tiger Global, had invested most of the $6.7 billion fund it raised in March by June. In Tiger’s recent update to investors, it reported that it had “consistently underestimated the market for private tech companies. Six months earlier, data suggested a $3tn market opportunity. It was now closer to $5tn”. Indeed, Tiger Global has been one of the most active investors in companies engaged in...


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Joined 7th February 2019