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Op Ed: “We Never Thought of That” — When Venture-Backed Companies Undertake Reverse ICOs

With well over $3 billion raised this year alone, in very little time initial coin offerings (ICOs) have emerged as a major source of venture finance. Even companies that have already raised conventional venture funding will be tempted to raise additional funds through ICOs. Although not fully intuitive, some have labeled token issuances by entities that previously obtained equity financing as “

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Blockchain-based Secure Online Voting System Showcased

Cybersecurity firm Kaspersky Lab has introduced its Blockchain technology-based secure online voting system dubbed as Polys at the company’s annual Cybersecurity Weekend event in Dublin, Ireland.The system is supported with transparent crypto algorithms.In a statement at Polys’ website, the company claimed that Blockchain is the missing link in the architecture of an effective and secure onlin

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Kaspersky Lab and Parity Technologies Launch Blockchain-Based Voting System

Cybersecurity company Kaspersky Lab unveiled Polys, a secure online voting system based on blockchain technology and backed with transparent crypto algorithms, at the company’s annual Cybersecurity Weekend event in Dublin.“[Online] voting imposes extremely stringent requirements on the security of every aspect of voting,” notes the Polys website. “We believe that the blockchain technology

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Maximizing Sales with Micro Targeting: GATCOIN – Killer App for Retailers

Blockchain naïfs might not know it, but more and more Blockchain applications are quietly working their way into most aspects of daily life. Even voting and property purchases are being transferred onto Blockchain platforms, but at a fundamental level, the most promising areas for the technology are those related to money and smart contracts embodied in functioning cryptocurrencies, also known as

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Why ICO Landscape Has Shifted From ‘Bootstrapped’ Projects

With 75% of ICOs now failing the reach their soft cap, the entire market has changed direction. This may also squeeze out the scammers and raise the bar beyond pure start ups entrepreneurs…Our London correspondent Nick Ayton explores the very essence of an Initial Coin Offering (ICO) and the rapidly maturing market that is already very different from six months ago. It looks like we may soon see

When will the internet become the Internet of Value?

Nov. 13, 2017By Andrei PovarovBlockchain is often associated with cryptocurrencies, and not without reason. Introduced in 2008 as the technical concept underlying bitcoin, blockchain now powers hundreds of virtual currencies.In doing so, blockchain has built a firm proof of concept for its functionality, which goes far beyond cryptocurrency-based financial transactions.When the internet started it

Bitcoin Cash Hype Bursts As 60% Losses Combine With Bitcoin’s Return

Bitcoin Cash (BCH) has lost almost 60 percent of its value in 24 hours as Bitcoin’s original chain (BTC) reverses losses.Cross-exchange data for Bitcoin Cash, which describes itself as “the best money in the world,” shows a swift turnaround in the altcoin’s fortunes through the weekend.From highs approaching $2,300 per coin, BCH promptly fell to Earth currently circling $1,200 as of press

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Bitcoin Price Has Remained Above $7,300 Without China, What Happens Next?

Over the past two weeks, the bitcoin price has demonstrated a meteoric rise in value, increasing from $5,400 to $7,300, without the existence of a major market in China.In September, the Chinese government and its central bank the People’s Bank of China (PBoC) cracked down on cryptocurrency trading, requesting leading bitcoin exchanges such as OKCoin, Huobi, and BTCC to shut down temporarily and

Software Wars: Segwit2x Uncertainty and the Casting of Miner Votes

Technology Just recently news.Bitcoin.com reported on the Segwit2x lead developer Jeff Garzik detailing that the upcoming fork was “still full steam ahead.” Lately, bitcoin proponents from both sides of the scaling debate have been bickering quite a bit, and now many businesses and individuals are either declaring their Segwit2x support or distan

SportyFi Gets Support from Big Players in the Industry

When it comes to sports, competition isn’t just relegated to the field.  The industry as a whole is a difficult one to break into for athletes as well as for smaller investors.  One of the main reasons for this is a lack of funding and financial input.  However, SportyFi hopes to change this.The decentralized platform will allow these up-and-coming athletes to have their training

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