Race towards the First “Crypto-Country” in the World

The small European country of Estonia aims to become the first crypto-country in the world. The country is already in the midst of digitizing its government services using Blockchain technology, the tech behind digital currencies like Bitcoin. The Estonian government’s digitization project reached a whole new level in 2014, with the government’s e-residency program. Under the initiative, any individual around …

UK and Blockchain: 90% of Execs Say Their Businesses ‘Lack Skills’ to Implement it

Only 10 percent of UK businesses planning to use Blockchain think they have the “skills” to implement the technology. The results of a survey undertaken by MBN Solutions show that while appetites for Blockchain are all-pervasive, few executives have the confidence to get to grips with it. More than half of 200 companies participating said they were looking at direct …

Slovenia Aims to Become the Leading Blockchain Technology Destination in Europe

The government of Slovenia has announced that it aims to position the country as the leading destination of Blockchain technology in the European Union (EU). The government is also studying the potential applications of the technology in public administration. In his speech at the Digital Slovenia 2020 event in mid-October 2017, Prime Minister Miro Cerar stated that the country’s regulatory …

CommerceBlock: Bringing Cryptocurrency to the Mainstream with BIP175

While cryptocurrencies and a new world money order are an intriguing story, the main driver of value in the Blockchain economy will be the enterprise applications the Blockchain will host. Virtually all major companies and banks are exploring Blockchain applications to replace their current IT infrastructure. Blockchain startups are starting to come through the development pipeline, demonstrating the potential of …

Fintech Tickles Investor Wallets as $5 mln+ Payouts Jump 23%

Fintech investments have increased hugely in average size this year, with 23 percent more funding rounds topping $5 mln. Research from GlobalData shows smaller rounds dropping off significantly compared to 2016, with 22 percent less activity below $5 mln. Ameet Phadnis, the firm’s research and analysis director for financial services commented in an accompanying release: “It is evident from the …

WikiScams: Wikipedia Founder Jimmy Wales Slams ICOs

ICOs have been booming across the cryptocurrency world, firstly as a way to utilize the revolutionary Blockchain technology, but also as a way for startups to raise capital. It is the capital raising aspect of ICOs that has got the founder of Wikipedia, Jimmy Wales’ heckles up, as he has labeled them an ‘absolute scam’. Money maker ICOs have made …