Smart refrigeration business Zeto is looking to raise €20m via an initial coin offering (ICO). The company’s software is designed to help customers, including Lidl, monitor their refrigeration in real-time. It raised €500,000 via a pre-sale last week. It’s one of the first ICOs by an Irish firm. Zeto, which
A cryptocurrency is a coin which is either backed by other cryptocurrencies or the value of the startup which offers it. The coin could later be traded and as the value of other currencies and the startup’s change so does the value of the coin. A blockchain based startup can … Read the rest
A Melbourne-based cryptocurrency exchange that has so far raised $16.8 million through an ongoing Initial Coin Offering wants to make buying bitcoin as easy as ordering a pizza. An Initial Coin Offering or ICO is like an initial public offering — but instead of selling shares, an issuer offers digital … Read the rest
Here are 9 interesting facts about the most talked about technological advancement that the world has witnessed thus far; The Blockchain –
- It can be used to assess scientific research claims.
- Blockchain technology has managed and distributed more than $270 billion in transactions.
- Blockchain’s market size will be $60 billion
The blockchain is here to stay, the technology revolution which is slowly gathering momentum will only get stronger. Blockchain might seem like a technical jargon which any mere mortal can’t understand. The blockchain technology which is behind the bitcoin definitely has its fair amount of complexity but that doesn’t’ mean … Read the rest
Decentralised applications are applications which are run on a peer to peer network and not just on a single computer. This creates an opportunity where an application cannot be easily removed as there is no central unit which controls the application. The application will be run as long as there … Read the rest
When a blockchain based startup wants to raise funds without having the need to sell their stocks or company interest they can do that by issuing initial coin offering. A startup issues a coin which is either back by other cryptocurrencies such as bitcoin, ethereum, litecoin, etc. Another way to … Read the rest
Decentralised applications are based on the same platform as that of the distributed ledger which stores all the transactions of bitcoin. Decentralised applications portray a rightful future which was envisioned when the internet came into existence. The future portrayed is that of truly decentralised and distributed network.
Did you know? … Read the rest
In the past few months companies have been aggressively pursuing blockchain technology to understand how it can revolutionize their businesses. The auto industry is said to some vested interest in this field presently. Four of the largest auto manufacturers in the world are now part of a group working to … Read the rest
Blockchain pioneer Charles Hoskinson’s latest project involves putting the birthplace of coffee on the blockchain. Hoskinson, who co-founded Ethereum and is at the helm at smart-contract fueled decentralized blockchain startup Cardano, has signed a memorandum of understanding (MOU) with Ethiopia’s Ministry of Science and Technology for ag-tech development on the … Read the rest