Going Beyond the Cryptocurrency Hype with Blockchain

Cryptocurrency Hype

Bitcoin has been on a roller coaster ride in its price, its value reached as high as $20,000 in late 2017 to as low as $6,000 within a time frame of just six months. The highly volatile nature of Bitcoin is certainly a blotch on its reputation and certainly this could be why Goldman Sachs’ head of Global Investment Research, Steve Strongin holds the view that most cryptocurrencies ultimately will not survive in the long run and compares it to the dotcom bubble where only a few companies around that time survived. While Bitcoin’s volatile nature is a ...

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Goonhilly and Spacebit Partner To Accelerate Commercial Space Exploration Through Blockchain Technology

Goonhilly and Spacebit Partner

Goonhilly Earth Station, the UK satellite communications innovator and space gateway, has today announced that it is collaborating with space blockchain technology pioneers, Spacebit, to develop the use of blockchain technology for space-based data applications and mission deployment. Blockchain technology has the potential to introduce new techniques to accelerate space exploration by creating an ecosystem that fosters access to space data. The partnership is seeking to lower the barrier to entry to access to space communication and application networks.

The Goonhilly-Spacebit collaboration, with initial agreement signed at the Farnborough International Air Show in the UK (FIA18), ...

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PR: Keynote Launches $6 Million Diversity and Inclusion Fund for the Global Blockchain Industry

Keynote Launches $6 Million Diversity and Inclusion Fund for the Global Blockchain Industry

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

Keynote Launches a new fund to support diversity and inclusion in the development and use of blockchain technology.

Keynote​ is thrilled to launch a new $6 million Fund to support diversity and inclusion in the blockchain industry. The fund exists to ensure everyone has the opportunity to play an active role in the development and evolution of blockchain and opportunities to work and develop in blockchain are open to all regardless of age, disability, gender identity or gender expression, race, ethnicity, religion or belief, sex, sexual orientation or any other equality characteristic.

This year, Keynote are particularly encouraging applications to speak, volunteer and attend the World Blockchain Forum London from young people, women and people and people with disabilities as these groups are currently under-represented in the blockchain industry. These opportunities are aimed at those who will benefit most from this opportunity and who might not otherwise have the opportunity to develop their careers and knowledge within the industry. Applications to speak, volunteer or attend will be accepted on a rolling basis and will close on Friday 17 August 2018.

Keynote’s founder and CEO, Moe Levin, commented:
Digital currencies and blockchain, are intended to be democratizing and equalising and it’s really important the industry is representative of the population across globe. Diversity is the basis for collective achievement, and we therefore need more people to join the blockchain conversation. The range of perspectives and experience diversity brings is an asset to the blockchain industry.”

Over the last six years Keynote has invested $3 million into the education of young people in blockchain in marginalized and underserved populations. This Fund will now enable Keynote to continue and extend its support to ensure the blockchain industry is inviting perspectives from a diverse range of people from across the globe to activate new ideas, conversations and educative experiences

Keynote Chief of Communications, Amandah Hendricks says:
“It’s important to understand this fund exists not only to both support diversity in blockchain technologies, it’s also about bringing more people into the general cryptocurrency conversations. Awareness and good communication are key to a more diverse and inclusive environment and this will be a big focus at this year’s World Blockchain Forum in London. We are looking to support new and fresh perspectives and give a voice to everyone.”

The $6 million Fund will be officially launched at this year’s World Blockchain Forum held in the heart of London at the Old Billingsgate. Tickets are available at: ​london.keynote.ae/tickets​ and a full list of confirmed speakers and the agenda can be found​ ​here​.

For expressions of interest, please contact Amandah Hendricks, Chief of Communications, at amandah@keynote.ae​. Applications will be accepted on a rolling basis and will close on Friday 17 August 2018.
If you would like to be a part of facilitating global change via blockchain education through a ​partnership with us, please contact Amy Issersohn, Chief Strategy Officer, at amy@keynote.ae.

About Keynote

Keynote was launched in 2012 by blockchain strategist Moe Levin. Further information and details about Keynote and the event can be found at:​ ​london.keynote.ae

The World Blockchain Forum is the world’s largest two-day blockchain conference and will feature a star-studded lineup of over 100 world class presenters including a special fireside chat with influencers who have been part of some of the largest ICOs to date. The focus is on blockchain technology; specifically investments, successful past and future icos within the industry, legal implications and regulations, and how decentralization is disrupting the banking industry.

For media inquiries, please contact Amandah Hendricks Chief of Communications, at
amandah@keynote.ae

Supporting Link
https://london.keynote.ae

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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ABCC Token (AT): Its Uniqueness, Value and Approach

ABCC Token

Most crypto experts and watchers keeping track of the ICO phenomenon agree that the trend in the last few months has been for tokens to experience a sharp drop in prices: increase in the short-term but drop in the long-term. This has been one of the most significant challenges in the crypto verse and is being investigated by the Singapore-based trading platform, ABCC.

In a world driven by so much hype and the fear of missing out, crypto enthusiasts and even experts are increasingly finding it difficult to identify genuinely viable projects. While I do agree ...

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90% of Corporate “Blockchain” Pilots Will Never Materialize, Researchers Say

90% of Corporate “Blockchain” Pilots Will Never Materialize, Researchers Say

If you have been following the mainstream financial press, and even some cryptocurrency news sources, you could not have missed the hype around the so called “Blockchain”. It feels like every day another established company claims to be testing using the technology to disrupt its own industry. In reality, however, it seems that the overwhelming majority of these pilots will never materialize.

Also Read: Banks Don’t Really Want to Use ‘Blockchain’ for FX Settlement After All

A Significant Disconnect Between Hype and Reality

90% of Corporate “Blockchain” Pilots Will Never Materialize, Researchers SayForrester Research Inc. (NASDAQ:FORR), the global advisory company, has determined that 90% of corporate blockchain pilots, usually announced with much fanfare, will never actually materialize into a service or product to hit the market. Companies are reportedly experiencing difficulties handling performance, oversight and operations, as well as failing to agree on a common system among competitors, thus resulting in extended timelines and greatly reduced expectations.

“Blockchain is supposed to be an important future revenue stream for IBM, Microsoft and others in equipment sales, cloud services and consulting,” Roger Kay, president of Endpoint Technologies Associates is cited by Bloomberg. “If it materializes more slowly, analysts will have to make downward revisions.”

And according to a Gartner Inc. (NYSE: IT) study, only 1% of chief information officers report their companies have any kind of blockchain adoption, and almost 80% said they had no interest in the idea to begin with. “The disconnect between the hype and the reality is significant – I’ve never seen anything like it,” said Gartner analyst Rajesh Kandaswamy. “In terms of actual production use, it’s very rare.”

Example Test Cases

90% of Corporate “Blockchain” Pilots Will Never Materialize, Researchers SayThe report cites a number of long promised blockchain solutions that have so far not come to pass. ASX Ltd., the Australian stock exchange, pushed back its blockchain-based clearing and settlement system to 2020/2021, that was originally planned to be released about six months ago already. BHP Billiton Ltd., which planned to monitor rock and fluid samples on a blockchain by early 2017, now doesn’t even “have a blockchain project/experiment in progress.”

Progress is hard to notice even at the company that thinks of itself as in charge of legitimizing the field in the eyes of US regulators and big banks, Nasdaq Inc. The stock exchange group, that wanted to have shareholder voting on a blockchain back in 2016, has not deployed the service in any meaningful way. “The expectation was we’d quickly find use cases,” Magnus Haglind, Nasdaq’s senior vice president and head of product management for market technology, said. “But introducing new technologies requires broad collaboration with industry participants, and it all takes time.”

Does the idea of a private corporate blockchain even make sense to begin with? Share your thoughts in the comments section below.


Images courtesy of Shutterstock.


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PR: XcelTrip Accepts Major Crypto Currencies on Its Revolutionary Online Travel Portal

XcelTrip Accepts Major Crypto Currencies on Its Revolutionary Online Travel Portal

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

It was in the final days of November 2017 when XcelTrip first revealed itself to the world at the Blockchain Expo in Santa Clara. Proving their clear intentions guided by a tunnel vision focus, in less than 9 months since the first teaser, XcelTrip is about to disrupt the online travel industry with a full service hotel booking engine that goes live on August 1, 2018.

XcelTrip started on this journey almost 3 years ago with the goal to build a blockchain based Decentralized Travel Ecosystemto connect the vendors in the hospitality sector directly with the consumers. By achieving this goal XcelTrip’s DTE shall make travel more economical for consumers and business more profitable for the vendors. As part of its first phase of development, XcelTrip has created a proprietary inventory system connected with the travel platform that shall be powered by its own ERC-20 utility token called the “XcelToken”.

XcelTrip’s CEO Hob Khadka said “Our vision is to empower travelers worldwide with a platform that is both easy to use and rewarding at the same time. At XcelTrip, the users can choose from almost half a million properties globally to book their stays at an attractive price with major crypto currencies such as Bitcoin, Etherum, Ripple and BitcoinCash and of course our own XcelToken. We shall also be accepting payments via other modes such as the usual PayPal and Credit / Debit cards enabling us to reach out to a wider audience around the world.”

What excited us, is that this system not just offers great ease of user but also gets rid of unwanted intermediaries who end up adding their own commissions / fees which increases travel costs by almost 15 percent or more with no real valueaddition.

Well, if that’s not all, there’s more ! XcelTrip has a unique IMP program (Independent Marketing Program) that allows travelers to list properties which are not available on XcelTrip and with each listing the traveler also gets rewarded. Furthermore, additional incentives for the IMP are embedded in the system where XcelTrip awards a commissions to the IMP for the services they provide to the vendor and travelers. This commission comes out of the net sales value of the vendor listed by the IMP, for their rooms booked on XcelTrip.com

For more details visit www.xeltrip.com or download their app on AppStore (iOS) or PlayStore (Andriod)

XcelToken launches one of its use cases Xceltrip:

XcelToken is full purpose utility token based on the ERC-20 Ethereum Protocol, which was launched on 20th March, 2018. Its purpose is to decentralize the travel ecosystem and create a community where vendor and user can interact and transact in a fairly shared economy and drive incremental business and savings to both. Along with Xceltrip.com, XcelToken has multiple usecases in the works which will be launched in the near future. For more details, visit www.xceltoken.com

Email us at: info@xceltrip.com

Supporting Link
https://www.youtube.com/watch?v=oLkQ5_pD3Fs&t=1s

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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PR: Keynote Brings the World Blockchain Forum to London

Keynote Brings the World Blockchain Forum to London

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.

The world’s largest blockchain conference explores the promise of blockchain technology, trends and investments.

Keynote is excited to announce the program agenda for their next endeavour, the world’s largest two-day blockchain coming to London this September. The conference will feature a star-studded lineup of over 100 world class presenters including a special fireside chat with influencers who have been part of some of the largest ICOs to date. The focus is on blockchain technology; specifically investments, successful past and future ICOs within the industry, legal implications and regulations, and how decentralization is disrupting the banking industry.

The World Blockchain Forum serves as a learning guide for, not only the technical tools of investing such as Bitcoin and Ethereum, but also as a stepping stone to wise investing. The conference will showcase the latest innovations in the blockchain industry, and curate conversations between the world’s leading pioneers and experts about the promise and future of blockchain.

Confirmed Speakers Include:

David Chaum | Rise of Crypto
Jack Gavigan | Open, Permissionless, Zero Knowledge Cryptography
Josh Halferty | One Exchange. All of Crypto. Decentralised.
Vanessa Grellet | Blockchain for Social Impact
Marjan Delatinne | Ripple Solving Global Payments
Jo Jo Hubbard | Blockchain & the Energy Transition
Jason King | Securing the Future of Blockchain
Sang Lee | The Tokenization of Asset Management
Jeff Berwick | The Dollar Vigilante
Veronica McGregor | Regulation Panel

A full list of confirmed speakers and the agenda can be found here.

As part of the World Blockchain Forum London Keynote is thrilled to announce the launch of a new $6 million fund dedicated to supporting diversity and inclusion in the blockchain industry. The Keynote fund will ensure people from all fields are invited to play an active role in the development and evolution of the expanding industry.

Keynote’s founder and CEO, Moe Levin, commented:

“Digital currencies and blockchain, are intended to be democratizing and equalising. Blockchain and cryptocurrency industries are looking to create work opportunities in a number of fields, and it’s really important the industry is representative of the global population. Diversity is the basis for collective achievement, and we therefore need more people to join the blockchain conversation.”

Keynote is committed to providing a platform that will support and showcase diverse projects and innovations, to ensure everyone is given an equal voice and opportunity to participate and succeed.

The $6 million dollar fund will be officially launched at this year’s World Blockchain Forum in London where Keynote will share their vision for the future of the blockchain industry, how diversity and inclusion are vital to its success, and the initiatives they will be driving to support diversity and inclusion in 2018.

The World Blockchain Forum London runs from 3-5 September 2018 and tickets are available at london.keynote.ae/tickets.

About Keynote
Keynote was launched in 2012 by blockchain strategist Moe Levin. Further information and details about Keynote and the event can be found at: london.keynote.ae

For media inquiries, please contact Amandah Hendricks Chief of Communications, at amandah@keynote.ae

Supporting Link
http://london.keynote.ae/

This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post PR: Keynote Brings the World Blockchain Forum to London appeared first on Bitcoin News.