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Russian financial giant Sberbank teams up with blockchain-based Komgo in commodity trade collaboration

Quick Take 1 minute read Sberbank, a subsidiary of one of the biggest banks in Russia has just recently joined a blockchain-based platform for commodity trade finance services.  They sound in agreement with Switzerland based trade finance platform Komgo in order to apply it’s blockchain power trade finance service in this new collaboration. Sberbank, a subsidiary of one of the biggest banks in Russia, has just recently teamed up with blockchain-based platform, Komgo for commodity trade finance services. They started an agreement with Switzerland based Komgo in order to apply it’s blockchain power trade finance service in this new collaboration....

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Decentralized finance and new projects: Look beyond the hype

In a recent tweet by Changpeng Zhao, the CEO of one of the world's largest cryptocurrency exchanges, Binance, stated: "Many of the DeFi projects will fail. Some may offer short term gains, but they come with super high risks too. Don't invest money you can't lose." He later goes on to clarify that this principle applies to every project, DeFi or not. Ordinarily, I casually went through my twitter feed and wasn't looking to engage any tweets. However, the phraseꟷ ”Don’t invest money you can't lose" struck me and drew my attention. For many cryptocurrency enthusiasts and investors, 2020 has...

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Battle of the Blockchains - How Does Newly-Launched Polkadot Compare to Established Ardor?

Quick Take 3 minute read The hype around the launch of platforms such as Polkadot, and soon Ethereum 2.0, demonstrates that the solution to scalability lies in a multichain architecture. Both platforms operate on a structure involving a central chain, with multiple “offshoot” chains processing transactions in parallel. The hype around the launch of platforms such as Polkadot, and soon Ethereum 2.0, demonstrates that the solution to scalability lies in a multichain architecture. Both platforms operate on a structure involving a central chain, with multiple “offshoot” chains processing transactions in parallel. This structure enables far higher throughput than the traditional...

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The Innovative Advertising solution on Blockchain SaTT announces Exchanges Listing On Kucoin And Uniswap

If you have been keeping up with the ICO terrain, you probably would have heard about SaTT as they have made incredible headlines in the past few weeks. SaTT keeps breaking limits in ICO fundraising as they raised a whopping $1 million within 48hours, breaking through their softcap within 1 week.  Following the massive interest accompanying the token sale, SaTT is announcing 2 initial exchange listings slated to take place on September 24. This comes as a huge step towards making SaTT advertising token available to the larger crypto community as the project takes the blockchain-based advertising landscape by storm. ...

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A detailed history of bitcoin: Media reception to current day perception and acceptance

While the advent of the distributed ledger technology and the bitcoin network can be pinned to 2008/2009, it remained relatively under the radar and received very little media attention till around 2011. The world was recovering from what was described by many as the worst depression in the modern era. Understandably, no one was looking to take risks. However, in 2011, the New York Times published an article on "what is Cryptocurrency," and there was a growing sense of awareness on social media networks, especially Twitter. In the same year, BTC/USD prices surpassed EUR/USD prices and eventually went on to...

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