Bitcoin has often been referred to as “digital gold”. However, the term implies that it is already at the level of gold. The truth is, gold’s market capitalization, estimated at roughly $10 trillion, dwarfs that of Bitcoin at $210bn.
Full ArticleThe current COVID-19 crisis has shaken up the world and we have not yet grasped the true scale of it. What we can say with certainty, however, is that the coronavirus is a global threat to the economic situation of companies, especially those which didn’t have the time and the resources to build up reserves, such as many startups.
Full ArticleThe fight against the Coronavirus causes companies and scientists to collaborate closer, which accelerates the evolution towards open knowledge and data ecosystems and is bound to reshape the financial landscape.
Full ArticleThe year has gotten off to an impressive start for blockchain startups, with a number of Series A and Series B rounds making headlines. Isreal-based Clear raised a $13m Series A led by Fidelity and venture arms of Deutsche Telekom and Telefónica. US lending platform BlockFi, which registered a 20x revenue growth in 2019, raised $30m in a Series B from global tech and blockchain VCs. These funding rounds indicate that the companies in question reached important milestones and have now entered a critical phase.
Full ArticleWe are happy to share some big news today. chainDE is now chainEurope! The chainDE project started in November 2017 as a small listing service for all Blockchain startups in Germany and has become pretty popular amongst the Blockchain community and the VC crowd.
Full ArticleWhen many argue that Distributed Ledger Technology or Blockchain is still in its infancy and deprive the technology to play a significant role, they are mostly not referring to the state of the tech itself but the diffusion level and its rate of adoption. „Revolution“ is the notion that is often used for the stir that was caused by Bitcoin alone. Hence it does not take much of an imagination to realize what kind of a whirlwind Blockchain technology will become once more use cases find broad usage. But how does Blockchain technology get to play a significant role?
Full ArticleThe advent of Ethereum along with its flexible smart-contract language that provides developers with a broad toolkit to build decentralized applications has led to a slew of ambitious projects ranging from decentralized exchanges to trading and insurance. Hence, when speaking of decentralized finance, or “DeFi”, we inevitably think of Ethereum. While Bitcoin itself has been by far the most successful application of DeFi itself, its deliberately simple scripting language is subject to limitations for use cases such as DeFi.
Full ArticleRecently, Facebook released their specification for the Libra project, a global currency to connect the world and empower millions of people who might suffer from financial exclusion (the unbanked) or high fees within the financial system (e.g. remittance).
Full ArticleCrypto made it to the White House: Recently, President Trump tweeted about Libra and Bitcoin for the first time (spoiler: he doesn’t like both!).
Full ArticleDecentralized identity has been a much discussed topic among developers since the invention of the internet. In recent years it gained further relevance due to numerous data breaches and the rise of blockchain technology.
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