In a recent examination of EASME (the EU’s The Executive Agency for Small and Medium-sized Enterprises), ET was somewhat scathing about the amount it was investing in blockchain or distributed ledger technologies (DLT). After following up with EASME the latter provided an additional six investment destinations. These are described below. Innovaetica Innovaetica is an Italian…
There is no doubt that interest in blockchains as a technology is running high, nor that this is a global phenomenon. Two contributions, with very different considerations, illustrate this: Chris Berg, Sinclair Davidson and Jason Potts are with the RMIT Blockchain Innovation Hub in Melbourne, Australia; their opinion piece, entitled ‘Institutional Cryptonomics: A New Model for a…
Nextech, a Perth (Australia) company, has created a project called ClearPoll. This allows users around the world to: browse for opinion polls on topics they care about most vote on the polls view detailed results. By deploying blockchain technology Nextech securely stores both votes and results. Better still, no individual or corporation can tamper with…
On Thursday, September 21st, our colleague Charles Brett’s fourth novel in his THE CORRUPTION SERIES will become openly available. you can find it on Amazon (US & UK), iBooks, Kobo. Scribd and other platforms. From today, ET readers can buy it at a pre-publication price of US$0.99*/£0.99 on Amazon (this will last until formal publication on…
At an industry conference organised by Barclays, Jamie Dimon, CEO of JP Morgan, stated “Bitcoin will eventually blow up. It’s a fraud. It’s worse than tulip bulbs and won’t end well.” Before examining the accuracy of his assessment, he did manage to put another dent in an already much dented valuation of Bitcoins (BTC). At…
The US Federal Reserve Bank (the Fed), in a new research paper , almost blesses blockchain. This is a significant development, though not yet one cast in stone. The paper is: “Strategies for Improving the U.S. Payment System; Federal Reserve Next Steps in the Payments Improvement Journey“. Despite the title’s length it makes for interesting…
Cobalt, the FX post-trade processing network based on distributed ledger technology, has joined the BT Radianz Cloud. The latter says it is the world’s largest financial community. Organisations can now access Cobalt’s private peer-to-peer and blockchain services via highly secure and resilient Radianz Cloud connections. The intention is that firms reduce cost and operational risk.…
27 Bitcoins will buy you a studio in a £250 million development of 1,000+ studio, one- and two-bedroom apartments in two apartment towers and a shopping mall in Dubai. All are due for completion in September 2019. Meanwhile the developer will offer floor-to-ceiling windows with views of the Dubai Hills and the city skyline. The…
EY announced the launch of Tesseract, an integrated mobility platform underpinned by blockchain technology. The Tesseract platform aims to facilitate: fractional vehicle ownership shared use seamless multi-modal transport. If it succeeds it will help lay the groundwork for how autonomous vehicle fleets can be owned in the future and provide access to a variety…
Enterprise blockchain company Nuco has announced Aion. Nuco claims this is the first interoperable blockchain network and will provide the basis for a delivery framework which allows communication between blockchains. Multiple blockchains are in planning today. These numbers will likely increase if widespread adoption by enterprises and governments occur. But today’s blockchains don’t work together.…