A new Ethereum Blockchain based platform called Acorn seeks to create an open, global community and marketplace for crowdfunding- opening it up to new participants such as those living in developing countries.
While on trip to China for economic talks, South Korea’s Finance Minister Kim Dong-yeon spoke positively about the potential for Blockchain, saying that “Blockchain technology can disrupt and revolutionize the world,” according to the South Korean-based Yonhap News Agency.
Hardware cryptocurrency wallet manufacturer Ledger has discovered a vulnerability that affects all of its devices and can lead to users losing their funds, according to a report released on Saturday, Feb. 3.
Singapore Airlines will release a “groundbreaking” Blockchain-based app for frequent flyers by August 2018.
Sharing the latest pictures of avocado toasts and latte hearts with the world might become a part of the crypto economy. A startup called Selfllery wants to create a new take on that of social media influencers on Instagram, Snapchat and other well-known picture sharing platforms- just with a crypto twist.
In late November 2017 Bitcoin, Blockchain and fintech investment platform BnkToTheFuture, which is well-known as a pioneer in the Bitcoin market with investments in BitFinex, BitStamp, Kraken, ShapeShift, BitPay and over 100 others, announced plans to open a secondary market for the trading of security tokens in Blockchain-based companies. In early January 2018, the company started a pre-sale and raised $30 mln within 15 hours. BnkToTheFuture plans to launch a secondary market in Q3 2018. It will use a Blockchain ledger to keep record of those investments for clients.
With the success of Blockchain technologies in preventing the double-spend issue in cryptocurrency, a new technology company is applying this approach to stem the incredible rise in digital advertising fraud.
The IOTA Foundation, a non-profit Blockchain foundation for the Internet of Things (IoT) has announced that the Chief Digital Officer (CDO) of Volkswagen, Johann Jungwirth, will join the Supervisory Board, effective immediately. Jungwirth said:
German startup repay.me plans to launch a Blockchain-powered marketplace which will share revenues from personal data with its community. The platform will offer users up to 100% cashback on their purchases. Retailers will be able to sell and advertise their products. Think Amazon ads.
The applications of Blockchain technology are potentially endless – and every year we are hearing more uses in business and trade. Cryptocurrencies remain in the limelight but that hasn’t stopped multinational companies from forging ahead with their own Blockchain solutions in an effort to streamline business.
