Blockchain Hype Curve, Gold, IoM...I want a Raspberry Pi not a mince one.
As ever the hype around FinTech rages. (see Accenture report of 14byn investment). In my slides I also include one from CB insights which shows who's jumping in when.
After looking at Bitcoin I wanted to check out other cryptocurrencies. There are 630+ of them with market caps all the way down to zero (well they use a ? on their website). I wonder, would anybody be interested in C&S coins? Worth a browse if you thought there was only one cryptocurrency: http://coinmarketcap.com/.
As promised I've also posted my slides from C&S conference:
Also happy to pick up any threads if you think I've missed anything or if you'd like a more relevant explanation. Skipped MiFID this week so plan to catch up on that next week.
Have a great week-end one and all. Whatever your pleasure, enjoy your leisure!
Interpreting Technology Hype
Global investment in fintech ventures tripled to $12.21 billion in 2014
Global Arena Holding Comments On Nasdaq's Linq
Global Arena Holding, Inc. (the "Company") (OTC PINK: GAHC), a blockchain technology acquisition and development company, provides investors with commentary on Nasdaq's latest announcement regarding their new blockchain exchange, Nasdaq Linq.
The Company trades on the OTC Pink Sheets under the ticker symbol GAHC. The Company has been publicly traded since 2011 and holds a number of interests, including Global Elections Services, Inc., GAHI Acquisition Corp., and the Blockchain Technologies Corporation, Inc. The Company focuses on acquiring technologies, patents and companies having the ability to leverage the blockchain crypto technology.
Note: GAHC has now acquired 100% of BTC, as in Blockchain Technologies Corporation (as opposed to Bitcoin!)
ASX AND THE PERTH MINT TO DEVELOP PRECIOUS METALS DERIVATIVES PRODUCTS
ASX proposes to distribute the new derivatives products to customers around the world using its 24-hour, globally connected network. The Perth Mint will provide physical precious metals and its world-class secure storage facilities in support of this. The first product is expected to be launched in the second half of 2016.
One such company is Ethereum, which has built a fully programmeable blockchain. Technology giant Microsoft is using it for the blockchain platform.
The platform will be available to banks and insurance companies that are already using Microsoft's cloud-based Azure platform.
How many crypto currencies are there? At least 623 at the last count.
Some Crypo Links to the current Top 5 (by market cap)
So, you'd like to try your hand at mining.
The Earliest Bitcoins....Rai stones of the Yap.
ISLE OF MAN TO CREATE CRYPTOCURRENCY BUSINESSES REGISTER
The Isle of Man Government's Department of Economic Development is looking to create a stand-alone register of Island-based digital currency businesses. In order to do so, they are using the protocol of a local block chain service provider, Pythia Limited.
Electricity is plentiful and reliable—as are the island’s ultrasecure, resilient data centers. And then there’s the island’s tax structure: no corporate tax; no capital gains or dividend taxes; and low rates of personal taxation, topping off at 20 percent
NextBank’s main goal is still to provide advanced banking services for Bitcoin and cryptocurrency clients around the world. NextBank accounts will be able to support 75+ currencies and precious metals. The modern Bitcoin bank will also offer global Debit Cards, accounts denominated in both fiat such as USD and various cryptocurrencies, SWIFT transfers, an escrow service, currency exchange, and much more.
BITCOIN TRADING PLATFORM ECOIN.EU LAUNCHES INSTANT BANK TRANSFER FOR EUROPEAN CUSTOMERS
eCoin.eu is a transparent trading service provider managed by Wallet Capital Group Inc. The company is registered in Panama under Offshore financial Operational Notice. eCoin.eu was founded in 2014.
The agreement will improve the governance of such benchmarks produced and used in the EU in financial instruments such as bonds, shares, futures and swaps.
The Regulation will contribute to the accuracy and integrity of benchmarks used in financial instruments and financial contracts by:
– ensuring that benchmark administrators are subject to prior authorisation and supervision depending on the type of benchmark (e.g. commodity or interest-rate benchmarks);
– improving their governance (e.g. management of conflicts of interest) and requiring greater transparency on how a benchmark is produced;
– ensuring the appropriate supervision of critical benchmarks, such as EURIBOR/LIBOR, the failure of which might create risks for market participants and for the functioning and integrity of markets.
Raspberry Pi Rolls Out $5 Computer
Ten thousand units of the device, about the size of a money clip, were being given away free in the U.K., packaged up with the December issue of The MagPie, Raspberry Pi’s magazine, which hit newsstands Thursday.
Alibaba Brought in $1 Billion During the First 8 Minutes of China's Black Friday
On Singles Day, the company alone made more money than every American online retailer makes on the weekend after Thanksgiving.
YouTube Music, a longtime work in progress, is now available to iPhone and Android phone owners.
The app is Google parent Alphabet Inc.’s second built to rival Spotify, Apple Music, Tidal, Pandora and other streaming music apps out there. But YouTube Music differentiates itself by focusing on music videos and the enthusiastic, though not always pitch-perfect, amateur recordings that YouTube is known for.
Unicorn is a term in the investment industry, and in particular the venture capital industry, which denotes a start-up company whose valuation has exceeded (the somewhat arbitrary) $1 billion dollars.
Full graphic of Unicorns here:
How the hidden menace of coral bleaching is going global.