Agoracom Blog Home

Archive for the ‘Canadian Blockchain Stocks’ Category

« Older Entries
Newer Entries »

ThreeD Capital Inc. $IDK.ca – #Blockchain And #Crypto Leaders Share Their 2019 Industry Predictions $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 10:37 AM on Friday, December 21st, 2018

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

Idk large
—————–


  • I am sticking to my original prediction – Bitcoin will hit 250k by 2022.” – Tim Draper, American Venture Capitalist, Author, Founder of Draper Associates, DFJ and Draper University

Rachel Wolfson Contributor 

Following the ICO boom in 2017, along with Bitcoin’s all time high of nearly $20k last December, the cryptocurrency and blockchain industry has gone down a rocky road. As the crypto world is full of surprises, it’s difficult to predict what’s in store for the future. Yet it’s interesting to hear what industry insiders and some of the biggest influencers in the space have to say about their expectations for the crypto and blockchain industry over the next 12 months and beyond.

Cryptocurrency:

I am sticking to my original prediction – Bitcoin will hit 250k by 2022.” – Tim Draper, American Venture Capitalist, Author, Founder of Draper Associates, DFJ and Draper University

As one of the leading cryptocurrencies, Ether will see its price reach the $500 mark by mid 2019. The fact still remains that most blockchain projects across the world are being done in Ethereum. As its use cases increase and improve globally, we’ll see it continuing to gain more solid ground as a smart contract protocol.” – David Drake, Founder and Chairman of LDJ Capital

2019 will be an exciting year. We will see several great products shipped to market, especially from our Binance Labs incubation program, now taking place on five continents. The projects and teams who are focused on building and achieving product-market fit will bring more real use cases to our lives. This will open the gateway to the mass adoption of crypto.” – Ella Zhang, Head of Binance Labs

The first legitimate national cryptocurrency will be launched, linked to a fiat currency from a G-20 nation. This digital asset will be in high demand for combining the benefits of a digital asset with the stability of a government-backed currency. Mark Zuckerberg’s 2018 New Year’s resolution to “study cryptocurrencies” will result in one being integrated into Facebook for payments. The only question is whether they will use an existing cryptocurrency or a new one created by Facebook.” – Mitch Liu, Theta Labs CEO

Blockchain:

2018 was a tough year, but we have a longer term outlook for our industry. The builders have been building in 2018, so for 2019, I think we will see a lot of real products and real applications coming into the market.” – Changpeng Zhao (CZ), Binance CEO and Founder

I have been involved in the blockchain space since 2013, actively developing with Ethereum since January 2015. During this time I have experienced many ups and downs. Many times I heard how “Blockchain is over.” However, the fact is that the underlying technological innovation continues to evolve and to get better. We have more tools today, documentation, tutorials, and users than ever before and this will continue to grow as the user interfaces become better and more seamless. In 2019 we will continue to live the aftermath of 2017. ICOs have been in winter sleep for most of 2018, following the ICO madness we experienced, which was initiated by my ERC-20 standard. Nevertheless, this doesn’t change the fact that ICO’s are a great fundraising mechanism, for those projects in which a coin offering makes sense. However, many past token projects were only using ICOs as an opportunity to collect money without a truly decentralized and functioning token economy in the background. We need to regain the trust that was lost, and proposals like my Reversible ICO shows how technology can be the transaction mechanism and the regulator at the same time. – Fabian Vogelsteller, LUKSO CEO and Ethereum developer responsible for co-creating the ERC-20 Token Standard

You’ll see blockchain companies with differentiated business models separating themselves from the pack. For the industry to mature and gain legitimacy, the 2018 shakeout had to happen. As you’ve seen with the rise of the internet, e-commerce and just about every other big-thought thing that’s happened in the last 50 years, the gold rush days come to an end, rules get created and people settle down to do real business. That’s why we’ve kept our focus, powered forward and invested in building our vision for the next iteration of the web. For TRON, 2019 will be a year of many innovations. We’re the largest decentralized content ecosystem in the world, and 2019 will be about showing people what that means. We’re beginning the year with our first summit, in San Francisco, where we’ll reveal big details about how we plan to integrate blockchain with BitTorrent’s peer-to-peer technology. And we’ll follow that by offering our 100 million monthly BitTorrent users incentives to create and share more freely and often, delivering an economy of goods and services within the network.” – Justin Sun, TRON CEO and Founder

2019 will be a historic year for the Blockchain industry. Malta will issue the first license for operators in this sphere to be able to operate in a regulated environment. Thus, 2019 will see the materialization of The Blockchain Island, firmly putting Malta at the epicenter of this industry. We are aware where the compass is pointing, which is why blockchain technology will be incorporated into our ecosystem. In turn, we will soon start witnessing change in the landscape of how sectors as we know today operate. In fact, as a Government, we’re looking at using blockchain technology in the public sector to better the experience of our citizens. 2019 will be an even more exciting year for Malta. The smallest EU member state will be amongst the top 10 nations with a National Strategy for Artificial Intelligence. This will open doors for the exploration of new economic niches such as esports, gaming and Fintech. Malta’s agility and flexible approach will ensure that we will remain innovators in the digital economy.” – The Honorable Silvio Schembri, Malta’s Junior Minister for Financial Services, Digital Economy & Innovation

We hope to see some more progress happening towards the setting up of a true interoperability standard for optimal communication between different types of blockchain networks. We believe that there will be some more hybrid deployments involving the joint use of permissionless and permissioned blockchain networks, with a focus on real world use cases where the use of blockchain technology can truly move the needle forward.” – Nimit Sawheny, Voatz CEO

Blockchain communities and open source communities will see their lines blurred, as the two become synonymous with one another. Open source has traditionally been on the cutting edge of innovation and has garnered massive interest because of its ability to deliver security through transparency. Decentralization is the latest cutting-edge technology and it shares that same foundational principle of transparency. A platform cannot be decentralized if it is proprietary, as the organization that owns the software code ultimately becomes the central point of failure.” – Ben Golub, Storj Interim CEO and Executive Chairman

Tokenization:

A quadrillion dollar market is unfolding, driven by the emergence of security tokens. As currencies are tokenized, as bonds are tokenized, as equities are tokenized, as currencies and real estate and energy are tokenized — We are watching the birth of a quadrillion-dollar market. Also, Qualified Opportunity Zones (QOZs) are going to deliver over $100B of capital into places where economic stimulus is needed in the U.S. We are also going to see the first Dapps (decentralized applications) that hit a million users a day sometime next year. Because we’ve now had our “Netscape” moment, we now have scalable blockchains that have no friction (meaning anyone can access it without having tokens) low latency (meaning it’s fast and scalable and can be by many people) with EOS as the first general protocol with many to come. It’s the equivalent of when the first IPhone launched in the App Store.” – Brock Pierce, American Entrepreneur, Venture Capitalist, Chairman of the Bitcoin Foundation and co-founder of EOS Alliance

I think that the main trend will be securities tokens. The combination of the power of a distributed ledger with more standardized securities will open lots of doors in capital creation. Privacy will continue to be important. There will be an increasing gap between those with solid technology and those with weak, captive networks.” – Bruce Fenton, Founder and Managing Director of Atlantic Financial, Board member of the Bitcoin Foundation and co-founder of the Bitcoin Association

The ability to fractionalize illiquid assets will allow institutions to offer unique portfolio positioning that suit the preferences of the investor. Given the transparency involved in a correctly-designed token, there will be new ways to visualize risk and returns. This will unleash a new wave of investing that has been bottled up because of asymmetry of information. Ultimately, tokenization will greatly flatten that asymmetry, which is what this is all about.” – Sam Tabar, Fluidity Co-Founder

Venture Capital:

2019 is going to be another year of building. We’re squarely in the phase in which the crypto space is developing the companies, products, and infrastructure to support the wild valuations we saw in 2017. I expect we’ll see more consolidation, as both companies and funds struggle to raise capital. While this might sound gloomy, I think it’s actually quite healthy. As technology and valuations start to converge at rational levels again, the stage will be set for the industry to enter the next phase of maturity.” – Arianna Simpson, Venture Capitalist and Managing Director at Autonomous Partners

We should not forget that token issuers are startups and they have an even higher burn rate than that of traditional startups. With over $10 billion raised by those crypto startups in 2017-2018, the conversion to fiat currencies is inevitable. In addition, all the crypto services and talent have been twice as expensive as for traditional startups. Once billions of dollars are liquidated to pay bills, it is normal for the prices of the major crypto currencies to drop. This of course had a snowball effect: the panic starts and hundreds of entrepreneurs need to sell crypto to secure capital for product development. Even cryptofunds whose market capitalization is $10 billion tend to have focused on equity deals recently. They’ve liquidated part of their crypto portfolio and hold fiat. In addition, we shouldn’t forget that the main reason the Bitcoin and Ethereum networks exists are because of the miners. Miners had to sell as well to maintain their facilities. They’ve overmined Bitcoin in 2017, assuming the price would keep going up.” – Natalia Karayaneva, Propy CEO and Founder

Source: https://www.forbes.com/sites/rachelwolfson/2018/12/20/blockchain-and-crypto-leaders-share-their-2019-industry-predictions/#486a7ad2155e

Tags: , , , ,
Posted in All Recent Posts, Bitcoin, Blockchain stocks, Canadian Blockchain Stocks, Smallcap Blockchain stocks | Comments Off on ThreeD Capital Inc. $IDK.ca – #Blockchain And #Crypto Leaders Share Their 2019 Industry Predictions $HIVE.ca $BLOC.ca $CODE.ca

ThreeD Capital Inc. $IDK.ca – Banking and #Fintech on The #Blockchain $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 4:28 PM on Friday, December 14th, 2018

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

Idk large
————-
  • Fintech on Blockchain is fast disrupting the financial industry
  • The speed and scale of this disruption will mainly depend on the adoption of the new economy by the users

Gerald Fenech Contributor 

Fintech on Blockchain is fast disrupting the financial industry. The speed and scale of this disruption will mainly depend on the adoption of the new economy by the users. People have spoken, everyone is tired of black boxes, we want to be the ones to determine how much we pay for the transfer of information and finances between us.

Why long, expensive money/asset/information transfers with the participation of several intermediaries through multi-layer systems? We do not wait for days to send urgent mail across the world. We expect the technology to work for us. Then why should we accept long lead times for cross-border payments? Could it be a question of trust?

Perhaps, we still rely on traditional banks to provide consultancy, security or dispute resolutions. We rely on banks to protect us to ensure that the counterparty will meet obligations. Banks are seen by government institutions, as guarantors for safeguarding our rights and contract agreements.

But the problem remains; banks are slow at solving our problems and this slows down the markets.   Time costs money and, in order to validate each other, we are paying huge commissions to third parties for this process. Anonymity does not exist, yet we want to understand that those who we deal with go through a clear verification procedure to provide the legitimacy of transactions.

One interesting company which aims to offer change the way banking is done is Platio. It claims to be one of the first fully licensed companies that aims to provide the complete spectrum of services in its multi-asset banking system. Platio’s function is banking as a service and its  CFO, Irina Berkon certainly has her ideas clear on where blockchain and fintech are going.

“The future is in blockchainization and tokenization of the finance industry. Blockchain is the most convenient environment in which AML regulation can be applied. All transactions have trusted track records. The wide spread of blockchain in the finance industry results in self-regulation of the financial system and the best option for further development, Berkon says.

Now, let’s not confuse blockchain with unregulated crypto transactions. Legitimacy and regulation of all transactions is required. As soon as the asset is converted into cash, regulation must kick in.

For people in their early and mid-twenties, when reflecting on their parent’s life, though full of admiration for putting up what they had to in order to get where they wanted to go, feel that since tomorrow is never guaranteed, there is a little more emphasis on living in the moment whilst still planning and saving for the future.

The idea that a bank could be part of that, instead of being the nightmare that they tend to be, with inconvenient opening times and red tape galore is very intriguing. Now when I previously stated that there is a bigger sense of carpe diem with millenials, I do not mean in a frivolous way. Rather however they seem to invest more in wellness.

Millennials would perhaps gladly invest 20 minutes of their precious time into a TED talk, on the off chance that it might inspire us or change our perspective. A criticism aimed at forty-somethings like me would be that we will never bother to listen to someone not known to be an expert on a subject, talk about it. We would be full of questions like, “Why should I listen to him/her?” or “What does she/he know about anything?”

Moreso in today’s world of social media, where most of us seem so connected…but only on the surface, are really quite lonely. Again the idea of emotionally connecting to a bank is really quite radical. Moreover, a bank that goes the extra mile and tries to connect you to like-minded individuals or a community even to help them reach their full potential, their authentic self.

With other online banking apps and systems, like Revolut being such a hit, clearly there is a huge gap in the market that is yearning to be filled. Mazlow is meant to help to foster excellence and help twenty-somethings reach their full potential by not only being a bank, but also a mentor on their journey through life. To embark with them on their personal development journey.

Having been an entrepreneur from an early age, initially in the Sports & Entertainment sectors and more recently as an Ambassador for a Blockchain technology company, Mazlow founder Kash Amini said that  he came to realize that consumers are looking for much more than just a product or service.

Mazlow founder Kash AminiMazlow

“What is missing from most businesses, and particularly in finance, is a focus on authenticity and an investment in aesthetics that will cultivate and foster an emotional connection between the product or service and the ultimate end user, the consumer themselves”.

Mazlow claims to have pioneered the theory of the hierarchy of needs, the pinnacle of every human’s life being self-actualization – to be your own authentic self. They promise to help people to become their authentic self by helping them grow their community so they feel supported enough to succeed. Though it may seem like a millennial’s dreamboat, we struggle to see how speeches and a community can really lead to growth and so-called self-actualization.

Ever looking to the future, Mazlow also gives users access to 5 cryptocurrencies –  which is supposedly the next big horizon in finance and banking. Designed by a veteran entrepreneur, Mazlow is certainly promising and is definitely an original idea however it remains to be seen whether they can actually deliver on all that they pledge. A personal touch is certainly needed in the cold world of banking but catering to the specific niche of millennials may backfire altogether. After all, everyone wants to reach their potential, however, whether financial health really could lead to overall well being may be a bit of a stretch.

I am an established journalist with over 15 years of experience in politics, economy and sports journalism. I have now specialized in crypto and blockchain and have taken on several high profile jobs in this space.

Source: https://www.forbes.com/sites/geraldfenech/2018/12/14/banking-and-fintech-on-the-blockchain/#3d54687d5bbe

Posted in All Recent Posts, Blockchain stocks, Canadian Blockchain Stocks, Smallcap Blockchain stocks, ThreeD, ThreeD Capital | Comments Off on ThreeD Capital Inc. $IDK.ca – Banking and #Fintech on The #Blockchain $HIVE.ca $BLOC.ca $CODE.ca

ThreeD Capital Inc. $IDK.ca – Top 5 #blockchain predictions for 2019 $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:01 AM on Wednesday, December 12th, 2018

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

Idk large
————-

– Decentralization of apps, not just of the ledger

– Off-chain components are important for enterprise class apps

– Recognizing the importance of non-technology issues

December 12, 2018 Emmanuel Thiriez

2018 has certainly been a year. As the days grow shorter, we can’t help but look forward to a brand new 2019 and all the amazing tech trends in store for us. Today. we’re kicking off a week of predictions for next year. First up: blockchain! Emmanuel Thiriez explains five of his predictions for distributed ledger tech for the new year.

Blockchain is an increasingly key technology for enterprises that require trustless transactions and secure record keeping. Enterprises can track transactions with greater confidence and security, and blockchain adoption – completely distinct from the cryptocurrency hype or doom – is steadily gaining in enterprise environments.

However, while the technical benefits of the blockchain technology are widely acknowledged, enterprises looking to make budget decisions and start test projects or full implementations should know where this technology is headed, what tools are needed and what challenges can be expected. I talked with Emmanuel Thiriez, founder of Amalto and Platform 6, with over 15 years of implementation and operation of enterprise applications for clients in various industries, to find out what someone “in the trenches” is seeing. Thiriez’s company has an impressive list of clients (Chevron, GE, Iron Mountain, Suez, Superior Propane, Thales) with B2B applications powered by Platform 6, a blockchain development platform.

Thiriez cautioned against overestimating the impact of blockchain in your organization “immediately,” but he is extremely bullish on the mid- and long-term prospects.

Overall, there’s every indication that enterprise adoption will continue to grow in 2019. According to Thiriez, the following 5 trends are key to blockchain success. He also brought up one highly visible blockchain project in 2019 to follow.

1. Decentralization of apps, not just of the ledger

Implementing blockchain to ensure the trustability and immutability of records is only part of the story. 2019 will see more decentralization of apps themselves. Too many applications using a blockchain ledger rely on a centralized application that represents a single point of failure and also a vulnerability that could allow tampering with the data – before it gets written to the ledger.

The same approach needs to be applied to the application’s logic, which must be decentralized with no single point of control. Each trading partner or member of the ecosystem runs their own app. Building such applications is no easy feat, but it is a required step to ensure wide blockchain adoption for business usage.

2. Off-chain components are important for enterprise class apps

Building enterprise apps is a complex project. Enterprise apps are often designed to operate in a global business or government environment, and need to display, manipulate, and store large amounts of complex data and to support automation of business processes with that data.

Applying blockchain technology is important. However, the blockchain ledger is only a small part of the overall enterprise app. Many off-chain components are also needed – user management, workflows, systems integration, user interface, APIs, security, event mediation, and many more.

In 2019, more and more only applications that are designed and architected beyond the blockchain ledger and its smart contracts will make the cut.

3. Recognizing the importance of non-technology issues

As is often the case with bleeding edge technologies, there are many non-technology issues to deal with. Ecosystem management, industry-specific practices, legal issues that have little to do with blockchain per se but everything to do with whether a blockchain implementation is successful or not.

This issue is highlighted by Forrester Principal analyst Martha Bennett, who states in her “Predictions 2019” blog post:

I often use the phrase, “blockchains are 80% business, 20% technology.” If anything, that 80% is on the low side, and we’ll continue to see projects held up or even fail because companies’ focus is on the 20%.

When implementing blockchain projects, companies that pay attention to these non-technology issues in 2019 will have greater success rates.

4. Blockchain and the Internet of Things

The convergence between blockchain and the Internet of Things (IoT) is picking up steam. IoT adoption is significantly increasing the number of devices and sensors that gather data, and many parties are typically involved in a business transaction based on that data.

Blockchain enables safe record-keeping through an immutable ledger, and permits decentralized operations and transactions while preserving trust between all players in the value chain. Look for the intersection of these two technologies to speed up implementation of both.

5. An evolving ecosystem

The blockchain ecosystem is continuing to evolve quickly. This past year saw the dominance of Ethereum, Hyperledger Fabric, and R3’s Corda as the major platforms in blockchain. It is clear that new platforms will continue to emerge with different strengths, and this will mean popularity of platforms will rise and fall. Having the ability to develop for different platforms, prototyping new ones as needed, will be a strength for enterprises. In other words, when evaluating blockchain technologies, there will be no one-size-fits-all in 2019, and companies have to be prepared to jump from one technology to the other.

Major projects will raise visibility for blockchain

Several prominent blockchain projects in 2019 will influence interest in the technology. A key one to watch is Walmart. To better ensure food safety, Walmart and Sam’s Club are requiring produce suppliers to trace their products using blockchain technology.

Can Walmart and its suppliers make sure that all the different complicated steps from farm-to-table are accurately and safely completed? If blockchain delivers as promised, this will significantly raise visibility.

Suppliers still have some time for implementation but the system outlined by Walmart is scheduled to be in place by the end of 2019.

Summary

Blockchain is evolving rapidly. 2019 will see new projects and new platforms continue to emerge. A key trend is more decentralization of apps themselves. Currently, too many apps using a blockchain ledger rely on a centralized application. Understanding of this issue is increasing. In a similar vein, paying attention to off-chain components as a key part of your blockchain project and being flexible in evaluating your blockchain platform will continue to be key pieces of success in the coming year.     Source: https://jaxenter.com/top-5-blockchain-predictions-2019-152880.html

Tags: , ,
Posted in Canadian Blockchain Stocks, Smallcap Blockchain stocks, ThreeD, ThreeD Capital | Comments Off on ThreeD Capital Inc. $IDK.ca – Top 5 #blockchain predictions for 2019 $HIVE.ca $BLOC.ca $CODE.ca

ThreeD Capital $IDK.ca – Report: Blockchain Deployment Could Add $3 Trillion in International Trade by 2030 $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 4:41 PM on Wednesday, November 28th, 2018

SPONSOR: ThreeD Capital (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD Capital is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click here for more information

Idk large

  • The World Trade Organization (WTO) released a report on blockchain technology’s effect on international trade today, Nov. 27.
  • Per the study, blockchain’s economic value-add on a global scale could reach almost $3 trillion by 2030.

The World Trade Organization (WTO) released a report on blockchain technology’s effect on international trade today, Nov. 27. Per the study, blockchain’s economic value-add on a global scale could reach almost $3 trillion by 2030.

“Blockchain and International Trade: Opportunities, Challenges, and Implications for International Trade Cooperation” analyzes blockchain applications and challenges that must be considered before the technology’s deployment in various sectors. The study considers the technology’s effect on industries such as trade finance, customs clearance, logistics and transportation.

Blockchain Business Value Forecast. Source: WTO

The study estimates that blockchain has the potential to significantly cut trade costs by increasing transparency and facilitating processes automation, including financial intermediation, exchange rate costs, coordination, and other aspects. “The removal of barriers due to blockchain could result in more than $ 1 trillion of new trade in the next decade,” the report reads.

Blockchain is expected to help administer intellectual property rights across multiple jurisdictions by delivering more transparency and efficiency, and enhance government procurement processes, including fighting fraud and managing public contracts.

Blockchain purportedly could improve supply chains, allowing for the tracking of shipments and proving their authenticity. Additionally, the technology could open new opportunities to micro, small and medium-sized companies.

Conversely, the study warns about challenges that must be addressed before deploying blockchain, as well as its impact on international trade. The researchers point out limited scalability of blockchains due to the predetermined size of blocks, in addition to energy consumption and security issues.

Although “blockchains are highly resilient compared to traditional databases due to their decentralized and distributed nature and the use of cryptographic techniques, they are not completely immune from traditional security challenges,” the study states.

The report stresses the importance of developing a multi-stakeholder approach in order to find appropriate use cases in cross-border trade. According to the WTO, blockchain requires frameworks that ensure the interoperability of networks and provide clear legal status for blockchain transactions across jurisdictions. The report concludes:

“Blockchain could make international trade smarter, but smart trade requires smart standardization — and smart standardization can only happen through cooperation. If we succeed in creating an ecosystem conducive to the wider development of blockchain, international trade could well look radically different in ten to 15 years.”

Earlier this week, Ethereum cofounder Vitalik Buterin said that the misapplication of blockchain technology in some industries leads to “wasted time.” Buterin argued that although there are a number of companies that try to establish higher standards by using blockchain technology, he does not think the technology is applicable in every industry.

Source: https://cointelegraph.com/news/report-blockchain-deployment-could-add-3-trillion-in-international-trade-by-2030

 

Tags: , , , ,
Posted in All Recent Posts, Blockchain stocks, Blockstation, Canadian Blockchain Stocks, Smallcap Blockchain stocks | Comments Off on ThreeD Capital $IDK.ca – Report: Blockchain Deployment Could Add $3 Trillion in International Trade by 2030 $HIVE.ca $BLOC.ca $CODE.ca

How Amazon $AMZN E-Commerce Giant Chose #Blockchain Over #Bitcoin $IDK.ca $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 4:57 PM on Wednesday, November 21st, 2018

SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based venture capital firm that only invests in best of breed small-cap companies which are both defensible and mass scalable. More than just lip service, Inwentash has financed many of Canada’s biggest small-cap exits. Click Here For More Information.

Idk large

———–

 

 

On November 13, Amazon was granted two crypto-related patents. While the American e-commerce pioneer, with a revenue of over $177 billion, has not chosen to accept Bitcoin (BTC) and major altcoins as a payment option despite public interest and competitors’ experience, it has not ignored the subject altogether. In fact, Amazon Web Services (AWS), the company’s cloud computing arm, has contributed to blockchain adoption.

Amazon and cryptocurrencies: refusal to accept BTC, unfulfilled plans for Amazon Coin

Amazon has a complex relationship with crypto. In April 2014, the e-commerce giant decided not to accept Bitcoin (BTC) citing customer preferences. Amazon payments head Tom Taylor told Recode in an interview:

“Obviously it gets a lot of press and we have considered it, […] but we’re not hearing from customers that it’s right for them and don’t have any plans within Amazon to engage Bitcoin.”

Curiously, the move came just few months after Overstock.com, one of Amazon’s rivals, became the first major retail company to introduce BTC as a payment option and found initial success, as its CEO Patrick Byrne claimed that Amazon would have to “follow suit.”

Taylor’s comment could have meant that the e-commerce giant would turn to cryptocurrencies once they see more exposure. However, the 2014 decision stays to date, regardless of the overall improved market capitalization and adoption, public petitions addressed to CEO Jeff Bezos, and some businesses being built around serving as the middlemen for Amazon customers willing to pay with digital currencies.

Nevertheless, Amazon has not distanced itself from engaging with crypto altogether. In May 2014, not long after announcing it had no plans for crypto, Amazon was awarded a Bitcoin-related patent for the use of digital currencies as payment for cloud computing services on Amazon Web Services (AWS). It is worth noting, however, that the patent was filed back in March 2012, and crypto was mentioned as only one possible form of payment there.

In November 2017, the e-commerce giant was reported purchasing a number of crypto-related domain names including “amazoncryptocurrencies.com,” “amazoncryptocurrency.com,” and “amazonethereum.com.” It was also noted at the time that “amazonbitcoin.com” redirects to the original Amazon URL.

However, it could have been an attempt to shield the Amazon brand or avoid confusion with Amazon Coin, the company’s digital currency that was introduced in 2013 for Kindle e-book owners. The coin has not seen extensive use despite the documented public interest.

In April 2018, Amazon won a patent for a subscription feed system described as a “streaming data marketplace.” Essentially, the company claimed, it could “identify [Bitcoin] transaction participants” for governments and law enforcement. The document was filled in June 2014 and showed that while the e-commerce giant might accept the idea of dealing with crypto, it put strong emphasis on the Know Your Customer (KYC) side of the business. That, in turn, would neglect a major part of Bitcoin’s ideology and design.

Thus, Amazon has not shown itself to be exactly a pro-Bitcoin company. Nevertheless, its relationship with the underlying technology, blockchain, has proven to be much more fruitful.

Amazon and blockchain: major collaborations, contribution to adoption

On December 5, Amazon Web Services (AWS) announced a partnership with R3 — a major blockchain consortium of over 200 members — to allow its Corda platform to become one of the first distributed ledger technology solutions (DLT) on the AWS marketplace. Corda is an open-source DLT platform designed to work within finance to operate complex transactions and restrict access to transaction data. Basically, it allowed users to deploy decentralized applications (dApps) onto the AWS platform and to create new apps directly.

The news came as a shock, granted that just a few days before the announcement, AWS CEO Andy Jassy essentially criticized blockchain for not having use cases “beyond the distributed ledger,” noting that even those had very limited capabilities. Moreover, he reiterated the company’s policy not to “build technology because we think it is cool.”

He did add, however, that AWS was interested in ways that blockchain could benefit their customers:

“We are very intrigued by what customers are ultimately going to do there.”

Still, there were at least three blockchain-based platforms on the AWS marketplace before Corda’s arrival and Jassy’s speech, which shows that Amazon’s initial interest in blockchain arose earlier in 2017.

On April 19, 2018, AWS’s journey into blockchain continued. The cloud platform introduced its blockchain framework for Ethereum (ETH) and Hyperledger Fabric, allowing users to build and manage their own blockchain-powered DApps. Called AWS CloudFormation Templates, the tool was designed to avoid the time-consuming manual setup of one’s own blockchain network.

Next month, in May, AWS partnered up with ConsenSys, a blockchain incubator started by Ethereum’s co-founder Joseph Lubin. Specifically, the e-commerce company collaborated with Kaleido — a blockchain business cloud that aims to help firms accelerate the “entire journey from experimentation and PoCs [proofs-of-concept] to pilots and production,” and is based on the Ethereum blockchain. Together, they aim to offer simplified blockchain cloud platforms for its clients so that they can “focus on their scenario, [without having] to become PhDs in cryptography,” as Kaleido co-founder Steve Cerveny explained to CNBC.

Kaleido has since expanded to a full-stack platform dubbed “Kaleido Marketplace.” It reportedly “eliminates 80 percent of the custom code” needed to build a given blockchain project by providing an array of tools and protocols that are “plug-and-play,” spanning needs from back-end development to front-end app user interfaces.

Currently, there are around 25 blockchain-oriented platforms hosted on the AWS platform, some of which are also reporting promising results. For instance, in September, a blockchain system developed by Australia’s national science agency (CSIRO) and Sydney University claimed to have set a benchmark of 40,000 transactions per second during a test on Amazon Cloud — for comparison, BTC infrastructure normally scales up to eight transactions per second, while ETH blockchain capability is set at 15 transactions per second.

Amazon’s blockchain experiments have attracted recognition from mainstream players: for example, “Big Four” audit and consulting firm Deloitte has emphasized Amazon’s blockchain-related efforts in its October report, arguing that the e-commerce giant had been helping to stimulate technology adoption and contributing to improving the costs of operations on blockchain. Additionally, Bank of America (BoA) research analyst, Kash Rangan, told CNBC that blockchain is well-suited to some of the world’s largest corporations, noting:

“Amazon will benefit from incremental cloud services demand from blockchain implementation, while improved supply chain tracking should make Amazon’s retail operations more efficient.”

Amazon’s latest advancement: more blockchain patents, crypto-related job ads

While Amazon has been acquiring both cryptocurrencies and blockchain-related patents, it is fair to take them with a grain of salt — as the industry is still young, a lot of players, like the aforementioned Bank of America (BoA), which currently has the most of such patents, are merely trying to mark the field before the others get there. Consequently, not all patents (blockchain-related or not) are going to be put to use any time soon. For instance, in 2016 Amazon was awarded a patent for a system to deliver goods through a chain of underground tunnels, a highly ambitious and costful goal that is probably not the company’s top priority.

On November 13, the U.S. Patent and Trademark Office (USPTO) published two more Amazon patents related to methods for protecting the integrity of digital signatures and improving distributed data storage, filed in April 2018 and December 2015 respectively.

The first patent document outlines a “signature delegation” method for “protecting the integrity of digital signatures and encrypted communications,” by allowing for the generation, distribution, validation, and revocation of one-time-use cryptographic keys. In the proposed system, these keys are arranged in what is known in cryptography as the so-called “Merkle Tree” structure, which is essentially a binary tree of hashes constructed from the bottom up.

Amazon’s second patent, is related to distributed data storage. The filing proposes a “grid encoding technique,” using groups of collected “shards,” where each shard represents a logical distribution of data items stored in a given grid. The patent filing suggests this method can help minimize storage redundancy.

While Amazon might be having more patents coming, the e-commerce giant is nowhere to be seen in the main part of patents, occupied by the likes of its Chinese counterpart Alibaba and IBM. Nevertheless, Amazon is set to continue its explanation of the technology, as the AWS platform continues hosting blockchain solutions, and the company is looking to expand its staff with more blockchain engineers.

Source: https://cointelegraph.com/news/amazon-how-e-commerce-giant-chose-blockchain-over-bitcoin

Tags: , , ,
Posted in Bitcoin, Blockchain stocks, Canadian Blockchain Stocks, Smallcap Blockchain stocks, ThreeD, ThreeD Capital | Comments Off on How Amazon $AMZN E-Commerce Giant Chose #Blockchain Over #Bitcoin $IDK.ca $HIVE.ca $BLOC.ca $CODE.ca

Stock exchanges find novel uses for #blockchain $IDK.ca $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 10:05 AM on Friday, November 16th, 2018

  • Although stock trades are often made in milliseconds by algorithms, completing them involves co-ordinating payment and delivery among a mess of databases and then reconciling the records
  • In big financial centres trades take two full days to settle. Some stock exchanges wonder whether blockchain’s distributed, tamper-proof ledgers and immutable and transparent transaction records could speed up and simplify the process

BLOCKCHAIN, THE technology underlying bitcoin and other cryptocurrencies, was designed with an ideological aim: to sidestep central authorities and governments. But many people have become intrigued by its practical uses, such as updating back-office processes. And few institutions have shown more interest in such applications than financial exchanges.

Although stock trades are often made in milliseconds by algorithms, completing them involves co-ordinating payment and delivery among a mess of databases and then reconciling the records. In big financial centres trades take two full days to settle. Some stock exchanges wonder whether blockchain’s distributed, tamper-proof ledgers and immutable and transparent transaction records could speed up and simplify the process.

Exchanges from America and Australia to Switzerland and Singapore are studying the concept. Australia’s stock exchange, the ASX, has moved furthest towards using blockchain to replace its main clearing and settlement platform. It has been testing technology from Digital Asset, an American firm, and will go live in mid-2021. And on November 11th SGX, Singapore’s stock exchange, and the Monetary Authority of Singapore (MAS), its central bank, announced a prototype using blockchain for delivery, payment and settlement of assets.

These projects are strikingly unlike the vision of blockchain enthusiasts. ASX’s, for example, uses ledgers but remains quite centralised. A single counterparty, ASX itself, must approve participants (which removes the need for energy-intensive verification and updating of records, as with bitcoin). Though open to all, only some banks and brokers will opt for direct access. Everyone else must trade through them. In contrast to the complete transparency of the bitcoin ledger, market participants will not have access to the whole dataset (for legal reasons, but also so they do not have to give away their positions). And settlement will not be in real time.

Why, then, bother? Kelly Mathieson of Digital Asset says her firm’s purpose-built programming language, DAML, which enables financial contracts to be automated, will make further innovation easy. The tedious processes of reconciliation, she says, will be drastically simplified.

As soon as next year investors will be able to see the result of another, smaller experiment. SIX, the owner of the Swiss stock exchange, will launch a separate digital platform for trading assets, such as stocks and bonds, in “tokenised” form—that is, in a format blockchain can handle. Tokenising will eliminate minimum trade sizes, says Thomas Zeeb of SIX. It will also make a much wider range of assets tradable. Mr Zeeb has already been approached by a museum that wants to tokenise its art collection, as a novel source of funding. Investors would gain exposure to the value of the art going up or down through such tokens, which they could trade.

All these projects have, or plan to obtain, official blessing; after all, exchanges are highly regulated. But the Singaporean project shows the value of seeking more than a nod of approval. MAS’s involvement meant the prototype did not limit itself to stock trading or settlement, but also looked at digital currency issued by the central bank. Quite a turnaround for a technology designed to circumvent governments.

Source: https://www.economist.com/finance-and-economics/2018/11/17/stock-exchanges-find-novel-uses-for-blockchain

Tags: , , , ,
Posted in All Recent Posts, Bitcoin, Blockchain stocks, Blockstation, Canadian Blockchain Stocks, Smallcap Blockchain stocks | Comments Off on Stock exchanges find novel uses for #blockchain $IDK.ca $HIVE.ca $BLOC.ca $CODE.ca

Three Ways #Blockchain Technology Will Revolutionize Real Estate in 2019 $IDK.ca $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:27 AM on Thursday, November 15th, 2018
  • Blockchain is poised to redefine how we make transactions in the same way that the internet has redefined how we communicate and share information
  • It was originally created a decade ago to support the cryptocurrency bitcoin, but has grown to be so much more. Blockchain has lead to the creation (and loss) of millions of fortunes, the launch of hundreds of new companies, billions of dollars in investor funding and, most commonly for the non-technical, a lot of confusion around its true benefits.

Hunter Perry

Senior Manager of Strategic Growth at Compass. Pairing the real estate industry’s top talent with best in class technology coast to coast.

Blockchain is poised to redefine how we make transactions in the same way that the internet has redefined how we communicate and share information.

It was originally created a decade ago to support the cryptocurrency bitcoin, but has grown to be so much more. Blockchain has lead to the creation (and loss) of millions of fortunes, the launch of hundreds of new companies, billions of dollars in investor funding and, most commonly for the non-technical, a lot of confusion around its true benefits.

In its most basic form, blockchain makes it possible for the first time ever for people and companies to make major transactions without going through an intermediary. Intermediaries like credit card service companies, stock exchanges, banks and governments can make transactions expensive, slow and illiquid and may open opportunities for fraud or crime.

Access to deals, the amount of time it takes to close, property title mistakes, high fees and fraud bog down the real estate industry. It is the largest asset class in the world and has had minimal innovation in the way of increased efficiency during transactions. Blockchain poses major opportunities for innovation in real estate. Here are three innovations that will change how real estate is done for the better in 2019.

Tokenization

Historically, owning the most lucrative hard assets required investors to already be wealthy and have the luxury of being able to wait years to liquidate. That changes with tokenization.

Tokenization democratizes ownership of assets by using cryptocurrency to split assets into tokens that are stored on the blockchain. Someone who wants to invest in a trophy real estate project now has the luxury of being able to resell their share on the open market through secondary trading. Also, people in different geographies and tax brackets now have access to attractive investment opportunities that they previously would not. Landlords now have the ability to sell off just a portion of their property to the crowd. In 2019, I believe we will see a major migration of real estate ownership moving to the blockchain.

One of the pioneers in the space is Templum Markets, the first federally regulated marketplace for the primary issuance and secondary trading of security tokens. It recently closed what is thought to be the first digital security tokenization of a trophy real estate asset: Investors had the opportunity to invest as little as $10,000 in the St. Regis Hotel in Aspen. Unlike with most major real estate investments, owners are not locked in until the building is sold. They will be able to sell their portion on the secondary market.

Smart Contracts

The current state of property agreements have a lot of moving parts and middlemen. A transaction using a smart contract is completed entirely between the buyer and the seller (or renter and landlord) and has no human interaction.

Transactions can be done in far less time with far less chance of fraud. The seller includes all of the details of the property and the buyer puts all of their necessary information on a 100% encrypted and secure block. Computer protocols check the legitimacy of the transaction and no agreement can be completed until all of the terms are met.

Propy is one of the most well-known incumbents in the space. It has built technology for buyers, sellers, brokers, title agents and notaries to come together through a suite of smart contracts on blockchain to facilitate transactions.

Real estate purchasing can be a very emotional decision for people. I believe that middlemen such as brokers and attorneys earn their commissions for people making potentially the largest financial decision of their lives. While smart contracts are currently being built to replace middlemen, I believe this technology will ultimately be utilized to make advisers in this space more efficient.

Property Title

Title insurance has grown to be a $15 billion revenue per year industry by ensuring buyers that their property is clear of old liens and debts. Every municipality has their own way of storing property data. Some cities and towns have put records online while others still use printed paper. If all property title was decentralized on the blockchain, an immense amount of time and money would be saved and, potentially, it could eliminate the need for title insurance altogether. It could also be possible to add information about construction, damages and improvements to the title, almost like Carfax for homes. This will help make it so that people truly know what they are buying.

Unfortunately, while having all title on the blockchain would be great for property buyers, inputting this amount of data from every municipality is an extremely laborious and expensive undertaking. There are a few exciting technology companies in the space, like State Title and Jetclosing, but it is unclear if they are up for the task. It will be interesting to see whether governments, corporations or a combination of both cough up the dollars to enhance the data quality for where we live, work and play.

The coming year will be an inflection point for blockchain usage in real estate. Private investment has been flowing in real estate technology, cryptocurrency wealth is massive, real estate professionals are being increasingly aware of blockchain and the underlying technology is improving. When it comes to the potential growth and adoption of blockchain technology, we are in the first inning. Similar to using the internet, blockchain usage may soon be so common that you forget you’re even using it.

Source: https://www.forbes.com/sites/forbesrealestatecouncil/2018/11/15/three-ways-blockchain-technology-will-revolutionize-real-estate-in-2019/#1cebb0c06d20

Tags: , , , ,
Posted in All Recent Posts, Blockchain stocks, Blockstation, Canadian Blockchain Stocks, Smallcap Blockchain stocks | Comments Off on Three Ways #Blockchain Technology Will Revolutionize Real Estate in 2019 $IDK.ca $HIVE.ca $BLOC.ca $CODE.ca

#Blockchain momentum is growing across Europe $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 9:16 AM on Wednesday, November 14th, 2018

Telefonica, Central Bank of Azerbaijan and others demonstrate that the blockchain momentum is growing across multiple industries in Europe

  • According to the IDC, “blockchain spending in Europe is now growing faster than anywhere else.”
  • Leading European companies are continuing to innovate with blockchain technology, progressing projects from proof of concept to production environments. And many, have selected IBM Blockchain as their partner of choice.

Blockchain in the enterprise

The attributes of blockchain technology are ideally suited to large networks of disparate partners. As such, it represents an attractive technology for large corporations and start-ups alike, with assets spread across the world in various forms.

The blockchain is a distributed ledger technology, which establishes a shared, immutable record of all the transactions that take place within a network. It then enables permissioned parties access to trusted data in real time.

‘By applying the technology to a variety of business processes, a new form of command and consent can be introduced into the flow of information, empowering multiple partners to collaborate and establishing a single shared view of a transaction without compromising details, privacy or confidentiality,’ according to an announcement released today by IBM.

IBM Blockchain

‘The hallmark of IBM’s blockchain business has been the ability to convene broad groups of network participants to embrace a collaborative platform approach to blockchain adoption,’ reads the announcement.

‘These clients are capitalising on the opportunity for greater trust and transparency using blockchain across a variety of industries, for example to better manage the reconciliation of international mobile phone roaming charges, securing digital identity for citizens, and complying with new European banking directives on customer communications.’

IBM has more than 500 blockchain projects globally, and is engaged across all industries. The company notes that European projects, in particular, are on the rise. According to the IDC, “blockchain spending in Europe is now growing faster than anywhere else”.

“From large enterprises to startups, across multiple industries, businesses across Europe are selecting IBM Blockchain,” said Andrew Darley, IBM Blockchain Platform Leader, Europe. “Clients are attracted by the production-readiness of the IBM Blockchain Platform, allowing them to run highly secure networks in any environment of their choosing, on premise, via IBM Cloud, or an increasing number of other industry cloud providers.”

Use cases

European clients are working with IBM to drive blockchain innovation in their industries:

Telefónica and IBM are collaborating in the development of a proof of concept based on IBM blockchain technology to help solve one of the major challenges of operators, the management of international mobile phone call traffic.

The project resolves in real time the veracity and traceability of the information generated by the different networks of the operators when they route an international call thanks to a decentralized platform to which all the operators that intervene in the process have access. As a consequence, fraudulent behaviors and discrepancies between the information recorded by each operator are significantly reduced.

The Central Bank of the Republic of Azerbaijan and IBM are developing a Digital Identification System based on Hyperledger Fabric for individuals and legal entities, to verify the reliability of the documents related to them, when individuals or legal entities turn to banks, credit providers and other organizations. The new system will simplify and automate the ‘Know Your Customer’ validation process, and will be used by both clients and credit organisations serving citizens of Azerbaijan.

Finnish retail cooperative S-Group is testing their Pike-perch radar solution, which is based on IBM Blockchain technology, as part of the retail group’s strategy to improve customer experience. Customers in Finland can trace a fillet of pike or perch freshwater fish back to its home waters using the QR Code on the package of “Kotimaista-kuhafile” fish, or by logging in to a tracking website.

PKO Bank Polski, together with KIR (Krajowa Izba Rozliczeniowa S.A. – Polish automated clearing house) and in partnership with IBM and Accenture, is using blockchain to help the bank achieve compliance with the European Union Payment Services Directive related to customer communication. Now the client documents and communications sent digitally to more than 5 million customers of the bank will be held in a highly secure blockchain-based repository.

The Central Securities Depository of Poland (Krajowy Depozyt Papierów Wartościowych, KDPW) has implemented their e-Voting solution in production, designed to encourage greater retail shareholder participation in company AGMs, and ensure transparency to regulators on the history of AGM agendas, and voting results.

Startup software developer Comgo.io, with support from IBM, is digitising the entire donation and spend process for NGOs using Hyperledger Fabric, a Linux Foundation project. NGO donors can see in real time what money has already been spent and the activities supported.

For example, when charity workers in India purchase hygiene products for the street children they support, the payment is tracked on a mobile phone, and written to the blockchain, allowing the approved people to see the transactions, and triggering the NGO responsible to verify that the children did actually receive the products.

The application enhances transparency to build a deeper connection between the donors and the charity, and helps donors to understand more about the work of the NGO. Comgo.io is implementing the application with 7 NGOs: Fundación Recover; Orden de Malta; Fundación Exit; Farmacéuticos sin Fronteras; KUBUKA; Itwillbe, and homelessentrepreneur.

Blockchain momentum

IBM attributes this blockchain momentum to the ease of use of the IBM Blockchain Platform and the open nature of the Linux Foundation’s Hyperledger Fabric blockchain framework, coupled with the deep industry expertise of the organisation.

Another factor is the availability of services and developer resources on the ground in Europe, supporting clients, according to IBM: IBM Client Centres and Blockchain Garages in London and Böblingen; IBM Client Innovation Centres in Paris, Nice and Gronningen; an Industry Solution Centre in Montpellier; IBM Food Trust operational in Frankfurt; IBM Research centers in Zurich and Dublin, focused on cryptography, innovations in AI and optical imaging to help prove the identity and authenticity of objects, detect anomalies and support preventative maintenance in industrial environments; and at the Watson IoT Center in Munich, clients are engaged on projects to explore the convergence of IoT and blockchain, and how clients can automate business processes, gain competitive advantage, and create new business models, by embedding end point and sensor data into blockchain networks, to trigger smart contracts.

IBM’s Blockchain Starter Plan on IBM Cloud is also helping developers, startups and enterprises build blockchain proof-of-concepts quickly and affordably with an end-to-end blockchain development experience: a secure test environment, suite of education tools and modules and one-click network provisioning.

Source: https://www.information-age.com/blockchain-momentum-europe-123476474/

Tags: , , , ,
Posted in All Recent Posts, Bitcoin, Blockstation, Canadian Blockchain Stocks, Smallcap Blockchain stocks, ThreeD, ThreeD Capital | Comments Off on #Blockchain momentum is growing across Europe $HIVE.ca $BLOC.ca $CODE.ca

ThreeD Capital Inc. $IDK.ca Acquires Securities of Imagination Park Entertainment Inc. $IP.ca

Posted by AGORACOM-JC at 4:16 PM on Friday, November 9th, 2018

Idk large

  • Acquired ownership and control of an aggregate of  4,750,000 common shares  and 4,750,000 common share purchase warrants  of Imagination Park Entertainment Inc.
  • Subject Units represented approximately 4.7% of all issued and outstanding common shares of the Company as of November 9, 2018 immediately following the transaction described above (or approximately 8.9% on a partially diluted basis, assuming exercise of the Subject Warrants only)

TORONTO, Nov. 09, 2018 — ThreeD Capital Inc. (“ThreeD” or “the Acquirer”) (CSE:IDK), a Canadian-based venture capital firm focused on investments in promising, early stage companies and ICOs with disruptive capabilities, is pleased to announce that it has acquired ownership and control of an aggregate of  4,750,000 common shares (the “Subject Shares”) and 4,750,000 common share purchase warrants (the “Subject Warrants” and together with the Subject Shares, the “Subject Units”) of Imagination Park Entertainment Inc. (the “Company”) on November 9, 2018.  The Subject Units represented approximately 4.7% of all issued and outstanding common shares of the Company as of November 9, 2018 immediately following the transaction described above (or approximately 8.9% on a partially diluted basis, assuming exercise of the Subject Warrants only), resulting in a corresponding increase in the percentage of shares held by the Joint Actors as a result of the transaction.

Immediately before the transaction described above, the Acquirer held an aggregate of 900,000 common shares of the Company (the “Pre-Shares”), and convertible securities entitling the Acquirer to acquire an additional 2,400,000 common shares of the Company (the “Pre-Convertible Securities”) representing approximately 1.2% of the issued and outstanding common shares of the Company (or approximately 4.2% on a partially diluted basis, assuming exercise of the Pre-Convertible Securities only).

Immediately following the transaction described above, the Acquirer held an aggregate of 5,650,000 common shares (the “Post-Shares”) and convertible securities entitling the Acquirer to acquire an additional 7,150,000 common shares of the Company (the “Post-Convertible Securities”), representing approximately 5.6% of the issued and outstanding common shares of the Company (or approximately 11.8% assuming exercise of such Post-Convertible Securities only).

The Subject Units were acquired in a private placement and not through the facilities of any stock exchange.  The holdings of securities of the Company by Inwentash and the Joint Actors are managed for investment purposes, and Inwentash and the Joint Actors could increase or decrease their investments in the Company at any time, or continue to maintain their current investment position, depending on market conditions or any other relevant factor. The aggregate consideration payable for the Subject Units was $570,000, or $0.12 per Subject Unit.

The trade was effected in reliance upon the exemption contained in Section 2.3 of National Instrument 45-106 on the basis that ThreeD is an “accredited investor” as defined herein.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the Junior Resources, Artificial Intelligence and Blockchain sectors.  ThreeD seeks to invest in early stage, promising companies and ICOs where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s ecosystem.

For further information:
Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary
[email protected]
Phone: 416-941-8900 ext 106

Tags: , , , ,
Posted in All Recent Posts, Blockchain stocks, Canadian Blockchain Stocks, Smallcap Blockchain stocks, ThreeD, ThreeD Capital | Comments Off on ThreeD Capital Inc. $IDK.ca Acquires Securities of Imagination Park Entertainment Inc. $IP.ca

#Blockchain Technology Is “Underrated”: Ex- Google $GOOG CEO $IDK.ca $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 11:19 AM on Friday, November 9th, 2018

  • Eric Schmidt, the former chairman of technology giant Google and executive chairman at Alphabet, has recently participated in a live event hosted by venture capital firm Village Global, where he expressed his optimistic view on the prospects of blockchain technology and, particularly, Ethereum, the world’s second largest cryptocurrency by market cap.
  • Referred to Ethereum as a “powerful platform” with revolutionary but yet untapped potential.

by Tanya Chepkova

Eric Schmidt, the former chairman of technology giant Google and executive chairman at Alphabet, has recently participated in a live event hosted by venture capital firm Village Global, where he expressed his optimistic view on the prospects of blockchain technology and, particularly, Ethereum, the world’s second largest cryptocurrency by market cap. He referred to Ethereum as a “powerful platform” with revolutionary but yet untapped potential.

The private event sponsored by Village Global took place in San Francisco in September, but its details remained mostly undisclosed until Village Global decided this week to upload to YouTube a video recording of a conversation between a well-known economist, Tyler Cowen, and Eric Schmidt who was characterized in the description to the video as “one of the most influential technology executives in the world.”

During the conversation they discussed a variety of topics, from Antarctica to human life expectancy, and also Schmidt made a number of interesting remarks on blockchain technology.

When asked about his opinion on the blockchain, the billionaire investor said that there was no simple answer to the question of whether blockchain was overrated or underrated.

 “In the public format, overrated. In its technical use, underrated,” Schmidt explained and illustrated this with examples of problems that distributed ledger technology was able to solve. Also, “blockchain is a great platform for bitcoin and other currencies. And it’s a great platform for private banking transactions where people don’t trust each other.”

He also made specific mention of Ethereum by telling Cowen that this blockchain project seemed to be the most interesting and promising. Schmidt believes that Ethereum can be a “powerful platform” potentially able to upend both current business practices and the entire society.

While commenting on its major potential, Schmidt said,

“I think the most interesting stuff that’s going on are the beginning of execution on top of blockchain — the most obvious example being the capability of ethereum. And if ethereum can manage to figure out a way to do global synchronization of that activity, that’s a pretty powerful platform. That’s a really new invention.”

It’s worth mentioning that Schmidt was an early Bitcoin enthusiast. Back in 2014, he referred to Bitcoin as an amazing advancement and remarkable cryptographic achievement, while he had turned to bitcoins even earlier, in 2011, following the advice of Wikileaks founder Julian Assange.

Source: https://cryptovest.com/news/sto-platform-istox-gets-support-from-singapore-bourse-sgx-state-fund-temasek/

Tags: , ,
Posted in All Recent Posts, Blockchain stocks, Canadian Blockchain Stocks, ThreeD, ThreeD Capital | Comments Off on #Blockchain Technology Is “Underrated”: Ex- Google $GOOG CEO $IDK.ca $HIVE.ca $BLOC.ca $CODE.ca

« Older Entries
Newer Entries »