Blockchain market loses $2.8 billion amidst global pandemic

The blockchain market has lost $2.8 billion over the last two years, with the...

The post Blockchain market loses $2.8 billion amidst global pandemic appeared first on Coin Journal.

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Blockchain at the center of Korean island’s $5 billion development plan

Won Hee-ryong, the governor of Korea’s Jeju island, has announced a $5 billion government investment plan focused on developing blockchain and IoT technologies. The post Blockchain at the center of Korean island’s $5 billion development plan appeared first on CryptoSlate.

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IDC Expects Blockchain Spending To Reach $2.7 Billion This Year, $15.9 Billion By 2023, Led By Banks

It is no secret that the blockchain technology is amazing for banking, right? On its newest piece of research, the International Data Corporation (IDC) agrees with that and proves it with data. According to its research, the world will be spending $2.

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Forbes Releases ‘Blockchain Billion Dollar List’, Binance is Not On It

Coinspeaker Forbes Releases ‘Blockchain Billion Dollar List’, Binance is Not On ItForbes, a global media company known for prominent financial and business news has released a list of 50 companies with a minimum of $1 billion valuations or revenues that are implementing blockchain technology.

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Global Blockchain Market Could Reach $60 Billion by 2024, Shows Report

Wintergreen Research published a new report that shows that the global blockchain market will shoot up in value to $60 billion by 2024. The market was valued at $708 million in 2017. Tractica released a similar report that suggests that the number will increase from $4.

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Line launches its own cryptocurrency and blockchain network

Line is growing its presence in the cryptocurrency universe in a big way. A month after launching its own cryptocurrency exchange desk BITBOX, the Tokyo-based messaging titan has now launched its own cryptocurrency called ‘LINK’ alongside a blockchain network called ‘LINK Chain’.

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Ripple XRP Scalability And Low Fee Rate At Play; Billions Worth of XRP Transferred in Seconds

With Ripple’s super efficient, highly scalable, and low fee rate blockchain platform, billions worth of XRP has been reported to be transferred in seconds with fees less than a penny. This shows the superior feature of Ripple over other cryptocurrencies.

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“SPIN Protocol” – A New Blockchain Solution for Fast-Growing but Easy-To-Manipulate Influencer Marketing

Influencers are individuals or organizations with a significant number of audience on social media. Currently, influencer marketing has emerged to be one of the most powerful marketing tools in the global e-commerce market with its market size reaching two billion U.

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Ethereum's Next Upgrade Could Be the $29 Billion Blockchain's Biggest Test Yet

Disagreement surrounding an upcoming upgrade, Constantinope, is putting ethereum to the test.

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Crypto, Blockchain to Spur Philippine Remittance Market

The growing digital trend is expected to increase remittance volume in the Philippines to $42 billion by 2023 using digital currencies, wearable technologies and biometrics.

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PR: SPIN Protocol – a New Blockchain Solution for Fast Growing but Easy to Manipulate Influencer Marketing

Influencers are individuals or organizations with a significant number of audience on social media. Currently, influencer marketing has emerged to be one of the most powerful marketing tools in the global e-commerce market with its market size reaching 2 billion U.

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PwC Global Survey: Corporate Interest in Blockchain on the Rise

Big Four auditing firm PricewaterhouseCoopers (PwC) just released its 2018 Global Blockchain Survey, subtitled “Blockchain is here. What’s your next move?” The sweeping survey pools data from 600 technology executives from 15 territories, with 31 percent of represented companies accruing $1 billion or more in annual revenue.

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What’s Cooking on Planet EOS? Four Projects To Watch

We haven’t heard much from EOS, ever since the blockchain platform grew up and moved out of the Ethereum household. Since then, EOS has moved into a sweet $4 billion dollar neighborhood, and after a few stumbles is well on its way to hosting its own native tokens and dApps.

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PR: The World Blockchain Forum Returns to London Bigger and Better Than Ever

World Blockchain Forum has been instrumental in the raising of over $6. 3 Billion dollars this year through Initial Coin Offerings (ICOs) and Security Token Offerings (STOs). Keynote provided the platform for Ethereum to launch in 2014, and continues to be the platform where the strongest and most lucrative companies in the world go to launch their projects.

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Spitball launches new tokenized student economy to transform global education market

Spitball, a global online student marketplace with over 500,000 registered users, has launched Spitball 2. 0 – a token-driven blockchain economy that will transform a $150+ billion centralized e-learning industry into a decentralized ecosystem, creating a much.

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World Bank and Australia's Largest Bank Issue First Global Blockchain Bond

The World Bank and Australia's largest bank, the Commonwealth Bank of Australia, have issued a public bond exclusively through the blockchain. The $100 million AUD ($73.

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Blockchain Firm Seven Stars Cloud to Fund $24-Billion Electric Bus Upgrades in China

Blockchain firm Seven Stars Cloud Group Inc. (SSC) has announced a deal worth $24 billion with National Transportation Capacity Ltd. (NTS) to fund large-scale electric bus upgrades in China. The New York-based blockchain organization has signed a three-year contract to provide fixed-income lease financial-based products for the bus upgrades.

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Blockchain Automation Industry to Be Worth $ 1.6 Billion by 2026, Claims BIS Research

BIS Research, global B2B market intelligence and advisory firm published a report on August 21, 2018, which estimates that the global automotive blockchain market size will reach figures around $1.

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China Blocks Access to Over 120 Offshore Digital Currency Exchanges

China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers.

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BIS Research Study Predicts Automotive Blockchain Sector at $1.6 Billion Market Value by 2026

Study Predicts $1. 6 Billion Market Value For The Automotive Blockchain Sector In 2026 According to a report published online by the Business Intelligence and strategy Research, the volume of the global automotive blockchain sector will hit the $1.

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China Bans All Crypto Events After Spending $3 Billion to Fund Blockchain Startups

The Chinese government has banned all commercial crypto and blockchain-related events in the region, after encouraging local financial authorities to speed up the development of blockchain technology.

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IDC: Blockchain Expenditure to Reach $11.7 Billion by 2022

International Data Corporation (IDC) has published a report on the forecast expenditure of blockchain-based solutions for 2018.   They predict global spending will double from the previous year with Financial Services accounting for over one-third of the spending.

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Blockchain Firm Seven Stars Cloud to Raise $24 Billion for Chinese Bus Upgrades

Seven Stars Cloud will offer its blockchain services to help secure multibillion-dollar financing for a large Chinese transportation project.

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Markets Are Down, But Most Exchanges Are Doing Just Fine

As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit.

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Coinberry Traders Keep Control of Keys With BRD Crypto Wallet Integration

Cryptocurrency trading service Coinberry has partnered with BRD, a secure bitcoin wallet service, in a deal that promises to bring BRD's Canadian users onto Coinberry's no-fee trading platform.

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SoftBank Denies Reports of Bitmain Deal; Bitmain Still Silent

Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain. Last week, several media outlets had reported that SoftBank and Chinese internet giant Tencent were leading a pre-IPO funding round for Bitmain.

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Bitcoin Blockchain is more Truthful than Traditional Financial Institutions says Apple Cofounder Steve Wozniak

Recently, Apple came into the news as the first company to hit the $1 trillion mark even though many thought that the cryptocurrency market world be the first to attain it as it grew above $800 billion value as at Jan 2018.

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Blockchain Company Seven Stars Cloud Pours $24B into Electric Bus Upgrades in China

Seven Stars Cloud Group Inc. and the National Transportation Capacity Co Ltd have signed a $24 billion deal in order to fund large-scale electric bus upgrades for China's biggest full-service operator.

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Blockchain’s Effect on the International Remittance Industry

The international remittance industry is big. In 2016, migrants living in different parts of the world sent more than $570 billion to their home countries. However, a number of FinTech companies in this realm have survived stiff competition, including TransferWise, InstaReM and OFX.

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Blockchain Firm Seven Stars Cloud Signs $24 Billion Deal with China’s Largest Electric Bus Service Operator

Blockchain firm Seven Stars Cloud Group Inc. (NASDAQ: SSC) has announced in a press release today that it has formed a ‘ground-breaking’ three-year exclusive $24 billion deal with China’s National Transportation Co to issue fixed income lease financing-based products.

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Seven Stars Cloud Blockchain Firm to Get $24 Billion in Electric Bus Transportation Deal

Crypto-Based Tech Firm Secures $24 Billion Deal to Upgrade Chinese Bus Transportation Systems Artificial intelligence, and blockchain powered firm, Seven Stars Cloud (SSC) has revealed plans of a $24 billion deal with the National Transportation Capacity (NTS) to help initiate electric bus upgrades in China.

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Research Shows Ethereum Blockchain Miners Get Paid Almost $2.5 Billion per Year

Research Reveals That Ethereum Miners Make $2.5 Billion On An Annual basis While the prices of Ethereum have been faltering and its network faced with endless scalability challenges, investors who mine the second largest digital currency somehow managed to rake in an annual payout worth a whopping $2.5 billion. As per a report published by […]

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Blockchain Firm to Raise $24 Billion for Electric Bus Upgrades in China

A blockchain and AI technology firm has scored a major deal to help provide the financing as China upgrades its buses to run on electricity.

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Global Forecast to 2023: Microsoft, IBM Leading Players in Blockchain in Energy Market

According to a report by ResearchAndMarkets. com, the global blockchain in energy market is expected to hit $7. 11 billion by 2023, with a compounded annual growth rate of 78. 32 percent. The growth is rapid, considering that the estimated global blockchain in energy market currently sits at $394.

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South Korea Invests $4.4 Billion in Blockchain Technology

Despite showing reluctance toward cryptocurrencies, the South Korean government revealed its intention to “nurture” eight growing sectors of the domestic economy–including blockchain technology.

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To the Moon! 7 Crypto Experts Pick Their Top Moonshot Coins

With total market capitalization down to $215 billion, coin prices reaching new lows, and altcoins bleeding out, it’s been… The post To the Moon! 7 Crypto Experts Pick Their Top Moonshot Coins appeared first on Invest In Blockchain.

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Kuwait Finance House Now Using Ripple xRapid For Cross Border Transactions

Kuwait Finance House (KFH) is one of the major banks of Kuwait, most famous for being one of the first banks to open, operating under Sharia law. KFH are a major firm within Kuwait, trading on the Kuwait Stock Exchange, with a market capitalisation of $8.

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U.S. Crypto Investment Firm Attracts $22M in Series A, Looks to Expand Services

Los Angeles-based cryptocurrency investment firm SFOX has raked in roughly $22. 7 million in its Series A funding. The round was headed by venture platforms Social Capital and Tribe Capital and earned the participation of other firms like DCG, SV Angel, Blockchain Capital and Y Combinator.

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BX Is Betting on a Decentralized Gambling Ecosystem

BX touts itself as a blockchain betting and prediction market ecosystem while hoping to cut the middleman out of gambling. The ultimate goal is to disrupt and streamline the betting industry by getting rid of the bookie.

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South Korea Budgets Nearly $4.5B for Blockchain, Emerging Tech

South Korea is planning to invest nearly $900 million next year to accelerate the development of blockchain, artificial intelligence and other emerging technologies.

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Nearly One Trillion Dollars Worth of Bitcoin Has Been Transferred in 2018, Close to Half a Trillion For Ethereum

An estimated $830 billion worth of bitcoin has moved so far this year according to our calculations of blockchain data as adjusted by Coinmetrics.  In a statement introducing the new measure,. . .

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5 Trillion Won To Be Invested In Blockchain Tech In South Korea During 2019

The government of South Korea has just earmarked about 5 trillion won, which is approximately $4. 4 billion budget towards its project on the growth of innovation investment program in the eight critical sectors within the country.

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South Korea Allocates One Trillion Won for Blockchain Technology in 2019

South Korea is showing a greater interest towards the field of cryptocurrencies, budgeting upwards of one trillion won (around $880 million) for the fields of blockchain technology, AI, and the sharing economy.

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China and South Korea Pledge More Money to Blockchain Research

South Korea will invest heavily in emerging technologies in 2019, one of which is blockchain technology. The move was announced by the country’s Finance Minister, Kim Dong-yeon, during a recent cabinet meeting.

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These 5 ICO Exit Scams Cost Investors $100 Million

ICO exit scams over the last two years have left people $96. 8 million out of pocket, according to data compiled by blockchain intelligence firm Diar. However, this is only a drop in the ocean with regards to the influx of investment the cryptocurrency space is receiving.

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Op Ed: Evaluating the Promise of Cardano: Has Ethereum Met Its Match?

This month, we celebrate Ethereum’s third birthday and reflect upon the many milestones that have occured in the industry since the dawn of the original smart contract blockchain.

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DAG Stretches Practical Limits of Future $30 Billion Supply Chain Software Industry

A collaborative effort between IBM and Maersk to implement blockchain solutions on shipping made headlines recently when it was announced that initial trials had been successful and early adopters could now join the program.

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South Korea Includes Blockchain in $4.4 Billion Innovative Growth Plan

The crypto technology is one of the key areas that South Korea’s authorities think would spearhead economic growth.

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How Blockchain Technology Benefits Can Change Digital Marketing And Advertising

Indeed, many industries are already making use of blockchain technology, but a sector that is quite promising is within advertising. An estimate indicates 2017 saw the digital advertising sector experiencing an investment of more than $550 billion to fund the global digital ad ecosystems.

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