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Is “Real” Money at Risk of Extinction?

Is “Real” Money at Risk of Extinction? It can be very hard to imagine placing as much emphasis and value on something intangible, like Bitcoins, when we are so used to the concept of physical money. When we think of people who are ‘rolling in it’, we automatically picture someone who is literally rolling around in bundles of cash! That is simply how the mind has been tuned to work. Until now, that is. Why Has Money Not Yet Been...

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To Invest or Not to Invest in ICOs: Definitely, Maybe?

To Invest or Not to Invest in ICOs: Definitely, Maybe? Cryptocurrency is a revolutionary type of currency that is growing in popularity amidst a rapidly evolving technological environment. In fact, Bitcoin, one of the biggest names in the cryptocurrency space, reached a record-high value just this week. However, despite recent surges in the value of cryptocurrencies, investments into ICOs up until now have been seen as a jump into the unknown. For this reason, many financial ventures have been avoided,...

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Blockchain Business Projects Start Gaining Serious Traction

Blockchain Business Projects Start Gaining Serious Traction Just to confirm that blockchain is now moving out of the realm of digital hypothesis and firmly into the real world, R3, a fintech firm, has set up a blockchain-based project with 22 banks, including HSBC, Barclays and Commerzbank. The Independent reported in October that the project is dedicated to developing a new international payments set-up. This will allow all the traditional currencies issued by central banks, plus the new digital currencies such...

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Can Blockchain Earn Its Way in the World?

Can Blockchain Earn Its Way in the World? Blockchain is like a promising youngster that everyone thinks will go places. But can the young superstar hack it in the real world? In other words, can blockchain deliver business value? IBM certainly thinks so, and they’re not a company given to irrational flights of fancy. The company has been heavily involved in a project called Hyperledger. This is an open-source collaboration being hosted by The Linux Foundation. It’s intended to promote...

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Can Facebook’s Business Model Survive the Blockchain Era?

Can Facebook’s Business Model Survive the Blockchain Era? Any professional interested in blockchain technology knows that there are lots of misleading claims out there. Indeed, a key skill for professionals operating in this area is to advise clients realistically on the actual potential of the technology – which is revolutionary enough by itself. When it comes to misleading claims, the idea that blockchain means an end to fraud has been reiterated in simplistic terms by commentators with little idea of...

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