Tags: ICO

FortKnoxster’s blockchain-secured platform

FortKnoxster has announced (yet another) token sale for its secure privacy platform. It claims this is one of the few token sales backed by a working product, which is an indictment of the whole ICO scene. Yet what interests is less the token sale and more that product. The FortKnoxster platform claims to be an…

Token Report tokenises to provide access to ICO database

To address the difficulty that Initial Coin Offerings (ICOs) are difficult to research, Token Report is making its database available to investors and financial services firms. These can now obtain Token Report’s research on ICOs. Token Report will deliver this via a tokenised membership program. According to Peter Vessenes, managing director of New Alchemy, a…

Wrapping initiatives in blockchain and/or cryptocurrency fancy clothes benefits few

Blockchain and/or cryptocurrency mentions have become marketing tools, for all sorts of products and services. Many of these have little to do with either underlying technology or currency. Consider the following, lightly edited, announcement from Genesis Research and Technology Group (Genesis). Selected more or less at random and because what it announces sounds worthy,  blockchain…

Disney’s Dragonchain announces ICO

Back in 2015 Disney built its own private blockchain platform called Disney Private Blockchain Platform. Unlike many blockchain platforms, this one has been battle tested. Disney has used it across the ticketing systems at its theme parks and in its loyalty programmes. In 2016 it renamed it Dragonchain, open sourced it and created the Dragonchain…

Power Ledger blockchain in trial with energy retailer Origin

Blockchain energy market provider, Power Ledger is putting its peer-to-peer energy trading platform to the test via a trial with Australia’s energy retailer, Origin. The trial involves Power Ledger using anonymised consumer data. This will seek to prove the accuracy and security of the Power Ledger trading platform. The trial will begin in October and…

UTRUST raises $1.5 million in 90 minutes

Cryptocurrency payment platform UTRUST has raised $1.5 million in 90 minutes as part of its pre Initial Coin Offering. The sale was over oversubscribed with just over 1,100 of the registered investors getting UTRUST tokens. Before the pre-ICO, UTRUST has set the value per token as $0.03 which means that over 50 million tokens were…

Utility Settlement Coin, PBOC and cryptocurrency risk

UBS, the Swiss bank started work on what it calls USC or Utility Settlement Coin in 2015. It hopes USC will be the digital equivalent of fiat currencies offered by major central banks. After UBS initiated USC, it attracted the support of BNY Mellon, Deutsche Bank, Santander, NEX and blockchain startup Clearmatics in 2016. In…

Bitcoin and estcoin cryptocurrency craziness

In a novel written only four years ago*, one of the protagonists had amassed 10,000 early-mined Bitcoins. These she mined, as one of the early participants, after redeploying her employer’s computer network when it was idle at night. She must be kicking herself. In the novel she sold them for around US$4M and thought she…