6 Years Ago

Banks continue to invest time and money in Blockchain projects and trust still remains so important


Germany’s Deutsche Bank is rumoured to have disbanded its team, in London UK, which was itself researching how Blockchain could help the bank and then, in time, offer its clients low cost and more efficient products and services. However, it has not stopped Deutsche Bank from joining the JPMorgan project, which uses Blockchain technology - this being recently reported bythe FT. Deutsche bank will join 320 banks, and is by far the largest to sign up to theInterbank Information Network(IIN). The INN aims to cut...


READ MORE

Crypto payments to help the environment


According to a report by local news organization, Welt, on Sept. 2, the German Free Democratic Party (FDP) has proposed creating a new digital currency called Arbil, along with the motto: "Put CO2 on the digital chain.” The FDP believes that, as well as reducing carbon globally, we need to find ways to reduce the greenhouse gases (GHG) that have already been created. FDP wants to pay Cryptocurrency to anyone who removes carbon dioxide or other GHG from the atmosphere.
 
 
 
Source:http://woodsmoke.3sc.net/greenhouse
 
The value of each Arbil-token will be pegged to one ton of carbon dioxide, which is currently valued at...


READ MORE

Access to and adoption of Bitcoin continues to grow

This week, 7- Eleven Stores in the Philippinesannounced that all its stores would start selling Bitcoins (BTC) , thus making it easier for the general public to be exposed to and get access to this cryptocurrency. This high street access to BTC is nothing new as, back in January 2019, Reutersreported that a French firm called Keplerk was launching a service in France with its tabac outlets to enable its customers to purchase BTC.Added to this, BTC can be used as a form of payment including buying Mircosoftproducts. Certainly, if you are...


READ MORE

                                   Blockchain aiming to minimise counterfeit goods market
A new token run on the Ethereum Blockchain, called CRU8 (which is designed for the fashion industry) is being launched by Curate. In effect, Curate has created a Blockchain- powered platform for fashion companies to showcase their latest designs, promote their brands and get feedback, as well as get sales. Brands and retailers such as Gucci, Louis Vuitton, Prada and Zara are all looking to use Curate’s platform as it is designed to protect their brands against people buying fraudulent items. Using Radio Frequency Identification (RFID), items will have ‘smart tags’ attached which...


READ MORE

Agriculture increasingly using Blockchains to drive greater efficiencies
The use of Blockchain technology in the agriculture and food supply chain sectors is currently estimated to be $61+ million and, according to ReportLinker, is projected to grow by 47% p.a.to reach $429+ million by 2025. This growth is being driven by customers demanding greater transparency as to where the food they buy is coming from, how sustainable it is and the environmental impacts of what they are consuming. Blockchain technology is ideal in tracking and tracing the provenance of goods whilst creating a secure data base which, in effect, enables people to...


READ MORE


 
 
Telegram - raised $1.7 billion potentially will see its ICO price rise by 200%

Telegram,which was founded by Pavel Durov (who is reported himself to be worth over $2.4 billion) has to start trading its Gram token in the next couple of weeks. As reported by AFP.Telegram wants to create a “standard cryptocurrency used for the regular exchange of value in the daily lives of ordinary people”.
Telegram is both Russia’s and one of Asia’s biggest social media platforms, and its app enablesencrypted text messages, photos and videos, and also create "channels" for as many as 200,000 people. It also supports encrypted...


READ MORE

Crypto analysis for institutions

As pension and mutual funds and banks increasingly invest in Digital Assets, more independent services are going to be required to track the performance of the Digital Assets and offer research and insight into them. This helps explain the rise in institutional focused crypto-indices and services such as Armun’sCrypto Basket Index, Bletchley Indices  ,Byte Tree, Crypto20and Vision Hill Crypto Active Indices. While some of the traditional services providers are active in this sector, e.g. Bloomberg Galaxy Crypto Indexand Intercontinental Exchange (ICE) Cryptocurrency Data Feed, one suspects we will see organisations such as Bloomberg and Reuters beginning to acquire...


READ MORE

KYC  Banking for Digital Asset companies and be alert for Cryptro Dragons!

Please see below a Twitter link from Thomas Power co-founder of TeamBlockchain which has a selection of videos and images from the September 2019 MeetUp

The next Meetup will be 15/101/9 please email info@teamblockchain for more information about speakers at the September MeetUp, if interested in speaking at future events or details about our weekly analysis on the Blockchain and Digital Assets sectors - #DigitalBytes



https://twitter.com/thomaspower/status/1168932637345558528?s=20
 Next time you are waiting in line for a coffee think of those around you who are lending cash interest free to Starbucks! https://www.linkedin.com/feed/update/urn:li:activity:6574261034872295424/?commentUrn=urn%3Ali%3Acomment%3A(ugcPost%3A6574260577101766656%2C6574299691746373632)  forward to seeing some of you this evening for TeamBlockchain's September MeetUp where we will look at KYC, Banking and Crypto Dragons..... Please use this link to register for the few last remaining spaces https://www.meetup.com/ICO-Meetup-London/events/261666240/
Trade finance platforms to help European SMEs

HSBC is the first bank to complete a transaction using we.trade, based in Dublin, which is a  Blockchain-powered platform backed by 12 shareholders, including CaixaBank, Deutsche Bank, Natixis, Nordea, Rabobank, Santander, Société Générale and HSBC. We.trade was set up in 2017 tomanage, track and securely facilitate transactions between SMEs in Europe. The platform intends to support three majorsteps in SME trading, including access to counterparties for transactions that we.trade describes as ‘bank payment undertaking’ (BPU) from its banks. HSBC calls the BPU“an on-line equivalent of a letter of credit (LC)”.
Other similar on-line platforms...


READ MORE

Man City Premier League Champions sign up “Superbloke”

Manchester City has just signedup its first Blockchain platform “Superbloke”. This partnership will mean that Man City’s players will, in effect, become part of Superbloke’s on-line gaming platform and so deepen Man City’s engagement with the lucrative Japanese, Korean and South Eastern digital gaming markets.

Superbloke chief strategy officer, Nak-Hyoung Kim, said: “It is fantastic to cooperate with Premier League champions, Manchester City. Superbloke has a vision to use blockchain technology to help football fans so that they can permanently own players’ tokens they have collected. We expect that this partnership with Manchester City...


READ MORE

Even central bankers belive the US$ time may be up!!!

Here is an 2 minute interview (https://cryptonews.com/videos/this-is-why-this-powerful-central-banker-urges-libra-like-cu-364.htm) with Mark Carney, the current Governor at The Bank of England, talking about the need for new ‘World Reserve Currency’. According to Carney, “The US economy is strong so Fed policy is to have a tighter monetary policy which isn't good for other economies, which then impacts on the US economy.Where we have three dominant economic regions  - US, China and Europe - we need a new world reserve currency...... and it cannot be another fiat currency.”
 
As the attached chart from -www.rmegold.com/blog/what-is-1-oz-of-gold-worth/ - indicates nothing lasts...


READ MORE

University programs to enhance Blockchain skills
 
Mousebeltis a Blockchain accelerator that has relationships with 65 student Blockchain community groups and works with 14 universitiesin the US and UK. Recently it has been offering programs to sponsor undergraduates and PHD students at UC (University of California) Los Angeles, UC Santa Barbara and UC Davis (near Sacramento in California) to meet student demand.
Universities are increasingly offering Blockchain courses, as detailed by the website from Accounting Degree Review, in which were listed 10 different universities - just in the USA! For those readers looking for universities in the UK, hopefully these links will...


READ MORE

TeamBlockchain free masterclass series MeetUps on Blockchain and Digital Assets
 
The use of Blockchain technology and Digital Assets, sometimes called Crypto currencies continues to evolve and there is a demand for education and unbiased information. It is for this reason that TeamBlockchain have been running MeetUps since February 2017 show casing organisations that are using Blockchain and or Digital Assets as part of their commercial operations or looking to build services and products to help build the infrastructure that is needed for wide scale adoption. The events are designed NOT to raise capital but encourage debate, discussion and analysis in an...


READ MORE

Security tokens - what is all the fuss about?
 
Well, by tokenising existing assets it is possible to offer investors more choice and investments that better fit their risk profiles. This helps to explain why there is a considerable amount of work being carried out, but yet to be announced, by large asset managers looking to tokenise their mutual funds and property owners exploring how to tokenise Real Estate portfolios. Given millennials increasingly are ‘practically living their lives’ on mobile phones (in terms of ordering goods and services), mutual fund managers are looking at ways to offer their funds in a...


READ MORE

Bank of England Governor proposes Digital currency to replace US$


Mark Carney, the Governor of The Bank of England, proposed at a US Federal reserve meeting that the days of the US$ as the world’s reserve currency, are numbered. However, rather than being replaced by another fiat currency, such as the Chinese Renminbi, a Digital currency like Facebook’s proposed Libra could be an alternative.



While the USA accounts for just over 24% of global GDP (it only makes up 4.27% of the world population), but the impact that the US$ has on many economies is significant. Therefore, a currency backed by a...


READ MORE

Joined 7th February 2019