More In January 2016, most people just knew about one cryptocurrency and that was Bitcoin as it had a valuation of about $1 billion. These days, you can find more than 40 popular cryptocurrencies and more and more are entering the market on a regular basis. As their use becomes more widespread so is blockchain adoption due to what it can offer. In simple terms, this technology refers to a type of distributable ledger comprising of immutable digital data stored in packages that are called...

Private companies are staying private for much longer as they continue to find fewer and fewer reasons to conduct an IPO. A recent study has revealed that 18 years ago, companies usually take about 3 to 5 years to transition from being venture-backed to running an IPO. As at 2016, companies typically spend 10 to 12 years in their venture-backed stage before they make the leap for an IPO. (see chart below). Staying in the pre-IPO venture-backed phase surprisingly provides some benefits to...

Blockchain-based cryptocurrencies like Bitcoin are all the rage at the moment. Their unregulated and decentralized nature means they are potentially disruptive when it comes to how global currency is handled. Without having to be associated with a geopolitical force like a national government or a central bank, digital currency is likely to have a big impact on the fintech sector. However, because of the unclear nature of cryptocurrency, the legal status of Bitcoin and other altcoins is most...

Shivom, an international blockchain-powered startup that aims to create the world’s biggest data hub on genomic information using decentralized technologies to secure the data and put it to a good use via various apps, has announced in its blog post that it has garnered support from government officials from three different countries. Shivom will use blockchain tech in order to fully secure genomic data and ensure utter privacy. In particular, it uses blockchain to store encrypted data to...

More LockChain is set to enable guests to book a place to stay for reasonably lower prices while enabling property owners and hotels to rent their premises globally without having to pay to third-party services for connecting them to the customers. By utilizing blockchain technology, the company cuts out all the middlemen that increase the end prices of rooms and rented premises. “Most people don’t realize this, but when you book a stay through booking.com or AirBnB, between 20% and 30% of...