The UK commits to support sustainable development in Africa

In her visit to Africa, Theresa May shows commitment to boost long-term growth of economies all across the continent and promises the UK and Africa will continue to have strong ties regardless of Brexit outcomes.

The Prime Minister said she wanted the UK to become the G7’s biggest investor in Africa by 2022 — overtaking the position currently held by the US. May also pledged investments of £4bn in the African countries, hoping mainly to spur economic growth to create jobs for the young generations.

During her speech, stressed the multi-billion aid is not only to relieve poverty but instead to support future growth across the country. African growth is in fact in the interest of all economies worldwide; she said: “Between now and 2035, African nations will have to create 18 million new jobs every year to keep pace with the rapidly growing population. That’s almost 50 000 new jobs every single day, simply to maintain employment at its current level. It’s in the world’s interest to see that those jobs are created. If we fail to do so, the economic and environmental impact will soon reach every corner of the world.”

While Brexit negotiations are still ongoing and seem far to an agreement, in Africa, May promised to continue the partnerships with Mozambique and South Africa — even after EU and UK part ways: “Our integrated global economy means good news for British and African people. That is why I will today confirm plans to carry over the EU partnership agreement with the Southern African Customs Union and Mozambique, once the EU deals no longer apply to the UK.”

In order to be truly effective and life-changing, the effort has to come from all levels: “True partnerships are not about one party doing unto another, but states, governments, businesses and individuals working together in a responsible way to achieve common goals,” said the PM.

Indeed, In the private sector, UK-based companies have researched and addressed issues in Africa for a while. Leading Agri-tech company is Block Commodities is a case in point. Reborn from African Potash, previously a fertilizer/commodity trading company, Block is now deploying blockchain technology to create an efficient ecosystem to support increased agricultural output.

The disruptive potential of blockchain technology can benefits significanty developing economies, enabling organic growth at a local level. This is an important and necessary step to consolidate Africa as a global player in the food market.

“Creating a smart network between the farmers and the outer environment is now achievable because of technology… These things are now available for us to use and create a unique solution for farming problems in Africa,” says Block Chairman Chris Cleverly, highlighting the crucial role of innovation in economic and social growth.

Chris Cleverly has been spending the last 2 weeks in Africa, in Uganda for the upcoming pilot project and then South Africa, where he spent time with the Ramaphosa family, and met key people including Kwame Rugunda, son of Ugandan Prime Minister, the son of South African President, Tumelo Ramaphosa, and his wife Tshepo Motsepe. There were also some key players in the blockchain/cryptocurrency space like Cardano and its owner/inventor Charles Hoskinson.

Block Commodities Chairman Chris Cleverly in his recent visit to Africa

Agriculture represents more than 30% of Africa’s GDP and employs more than 60% of its working population. Yet, because of reduced use of resources and inefficient infrastructure, twenty million Africans face food insecurity, particularly in South Sudan, Somalia, Nigeria, Kenya, Ethiopia and Uganda. By 2025, Africa’s annual food is estimated to rise to $110 billion.

Long-term economic growth relies very much on exploiting the potential of the continent, both concerning natural and human resources wisely and the numbers above evidence the urgency which Africa needs sustainable long-lasting solutions.

May’s announcement follows the 2018 Blockchain report from Liquid Telecom which praises tech initiatives at local level and says they are keys to ensure the continent moves forward.

The report highlights Nigeria, Kenya and South Africa as the economies leading tech innovation in the continent.

The core objective of technological advancements is ultimately to bring positive change and improve quality of life. The best way to do so is to understand problems to their root, and develop creative solutions to issues that are proper to one area

“Technology and science innovation is not just the development of new technologies or discoveries but is often the novel application of an existing technology to specific local needs and limitations. In many cases, such breakthroughs are not ‘pure’ technology but rather solutions based on the ability of a local innovator to recognize a challenge, develop a deep understanding of its causes and opportunities, study the local landscape, scan the globe for best practices, and design a creative, implementable approach that is relevant, adaptable and scalable” said HE Ameenah Gurib- Fakim, President of Mauritius (2015–2018) in a speech at the Chatham House.

A new era is surging in Africa thanks to technology.

Gaming market is bigger than Hollywood, says Internet pioneer Bill Louden

In an exclusive interview for the FinancialFox TV Show, Bill Louden, internet pioneer and Non-Exec Director at London-listed Online Blockchain plc (OBC), commented about the company’s latest move into crypto gaming and ensures the future is bright for those in investing and working in this sector.

“It is a hundred billion-dollar industry, bigger than Hollywood; there’s huge scope for growth” that’s how Bill Louden defines the gaming market. Bill is a tech pioneer, having witnessed and been part of the advent of the internet, now bringing his expertise and knowledge to progress Online Blockchain (OBC).

Online Blockchain plc evolved from On-Line plc, one of the first tech companies to gain ground during the dot com boom — now exploring the opportunities arising from the blockchain revolution.

Two weeks ago, OBC announced it bought a 35% stake in the fast-growing US-based crypto development team Encryptid Gaming Inc. Encryptid is exploring the multiple elements of Ethereum blockchain and applying them to games to spice up the gaming experience.

Indeed, the market show favour for this investment: according to research from New Zoo, the global games market is set to reach $137.9 Billion in 2018 — an increase of 13% from 2017’s figures. Mobile gaming represents more than half of the entire market in 2018, following a decade of double-digit growth since the emergence of smartphones. Consumer spending on games is also expected to grow to $180.1 billion by 2021.

As it is characteristic of this disruptive technology, blockchain will enable a new generation of games to be more flexible, stimulating and, of course, profitable. “Gamers are comfortable with adopting cryptocurrencies and blockchain in practice”, says Bill, as they are already used to using digital currencies.

Like Bill Louden, OBC CEO Clem Chambers has long experience in tech innovation as well as games. “I have worked in and been at the forefront of the gaming world since the early 90s and seen many developments. The advent of blockchain technology opens up a new adventure and a multitude of possibilities. I am looking forward to this blockchain-enabled gaming future,” said Chambers in light of OBC investment in crypto gaming.

Encryptid employs Steam platform for its developments. Steam is a dominant digital platform in gaming and the largest digital distribution platform for PC gaming estimated to have 75% of the market space. By early 2018, the service had over 150 million registered accounts and is available in 26 languages.

The implementation of blockchain into gaming enhances user experience at many levels. Because of its decentralised nature, players can take companions and items to different worlds within the gaming universe, increasing participation, engagement and dynamics.

Kyle Stratis of Encryptid Gaming Inc. said that blockchain opens up opportunities and new experiences for gamers and that OBC is the right partner for it: “Not only are we building a universe, but we will be transforming gaming by leveraging the exciting possibilities of blockchain technology.”

Watch interview with Bill Louden here

High-end Italian vegetarian food arrives in the UK: Meet Rossorapa UK

The UK has witnessed soaring a number of people adopting veganism, reaching 3.5 million in 2018. The surge towards veganism is attributed not just to a healthier lifestyle choice, but also concerns about the impact of cattle farming on the planet. In fact, it has been shown by many — including the American Geophysical Union and Science Magazine ­– that agriculture is the second-biggest contributor to greenhouse gases, behind motor vehicles.

The vegan trend is more than just following a plant-based diet, to many it is about adopting a lifestyle where sustainability and nature are at the heart of everything they do, a motivation that newly arrived Rossorapa UK follows.

“More and more people worldwide are turning to veganism. It is not to 'be cool', it is a personal responsibility. People are making informed choice to feel and be better. ” Stefania Barbaglio, Managing Director and co-founder at Rossorapa.

"Being vegetarian or vegan doesn’t mean compromising on nutrients and taste. A plant-based diet can be incredibly varied, nutritious, and delicious: it’s all about combining the right ingredients. Taste is key for us.”

The huge surge towards veganism can be accredited to more than just health concerns. Many people are becoming concerned about the impact that cattle farming has on the planet. In fact, it has been shown by many, including the American Geophysical Union and Science Magazine that agriculture is the second biggest contributor to greenhouse gases, behind motor vehicles.

By combining high quality and great taste, Rossorapa offers more than just plant based foods, it introduces the concept of food for the soul. All products are harvested respecting the natural cycle of crops, free from preservatives, refined sugars and any other artificial chemicals. Rossorapa says nature provides everything we need, there's no need to add anything else.

Gianluca Ferrari, founder of Rossorapa, works to ensure all Rossorapa products at top quality, combining Italian tradition with innovation: “Production at our organic farm Azienda Agricola Villaretta near Cremona in Northern Italy adheres to stringent high standards. I am a firm believer in sustainable agriculture based on new technologies and powered by renewable energy. This, along with respect for nature, its seasons, and animal welfare, underpins our whole method, allowing us to produce the highest quality food.”

Rossorapa recipes are exclusively signed by the well-known Pietro Leemann, founder of Milan’s Joia, the first Michelin starred vegetarian restaurant in Europe — a huge achievement and a big leap for vegetarian cuisine. His food philosophy is deeply rooted in Japanese and Italian cultures, he believes in a full experience of all the senses. Selection of the right ingredients is crucial.

"When I met Gianluca for the first time a year ago, I was struck by the feeling of meeting an old friend again. Since that moment, we have been exploring projects together that are close to our hearts: the health of both our planet and people who appreciate good food. One such project is preserving the fruit and vegetables grown in Gianluca’s ethical farm. Pure, natural flavours, straight from the earth, at the same time quintessentially Italian," says Pietro Leemann.

Rossorapa values clear provenance of food, that’s why all their products are grown on an organic, sustainable, agricultural system on uncontaminated land, powered by renewable energy, all made in Italy.

They are working with Provenance UK to empower transparency in every step of the food supply chain. "Provenance shares Rossorapa's belief that every product has a story; by partnering with them, we can ensure our ability to tell those stories,” adds Stefania Barbaglio.

Rossorapa has re-established a direct, authentic link with the earth. Respect for nature, seasonal rhythms and certified organic farming methods are the cornerstones of our work in producing fresh, tasty, organic produce.

Food is looked after carefully and meticulously throughout every step of the cycle, from the moment crops grow on the farm in Northern Italy, to the very moment the fresh produce arrives on consumers' tables. To ensure freshness, products are delivered same day to national orders and within a day internationally. It’s hard work, but it’s worth it so they know that their products are the best they can possibly be.

Rossorapa will launch in the UK in September at the FT Weekend Festival, one of the most prestigious cultural events in the country.

Attendees of the FT Weekend Festival are eligible to enter the prize draw to win a Summer Hamper. Enter your details here.

Follow Rossorapa on instagram for more deliciousness @Rossorapa

Implementing blockchain into the supply chain: More ethics, sustainability and better consumer…

Implementing blockchain into the supply chain: More ethics, sustainability and better consumer protection

As the blockchain revolution keeps gathering momentum around the world, different industries are deploying the technology to challenge current ways of operating and improve standards.

One of these industries is the logistics sector, and its long, multi-layered supply chains. A supply chain encompasses many levels, ranging from manufacturing to consumer use and everything in between.

The current globalised manufacturing system implies that these typically complex supply chains actually surpass geographical boundaries, sometimes intercontinentally. This results in a lack of transparency in the current model. Consumers have limited knowledge and understanding of the manufacturing process, allowing for flaws and gaps to go unnoticed by the public eye.

The solution? Blockchain, of course.

Blockchain technology has the ability to store a huge amount of data on an open, secure and accurate platform. The key features of blockchain technology could help revolutionise supply chain technologies.

A decentralised digital ledger network can record, track, verify and share each and every element of all the assets in one single network, which is open to public access. It can pull together links all along the chain, from raw material providers right up to retailers. The records are kept in a digital central system, as opposed to leaving it up to each participant to store data in their own isolated system.

The case for blockchain in Fashion

Since all kinds of information can be included in a blockchain-powered supply chain, companies’ unethical practices can be recorded and exposed. The fashion industry, for example, which is loaded with cash and celebrity promotion, is also known for some complacency over human and labour rights abuse.

Open information means that the culture of sweatshops, child labour, exploitation and human rights breaches could be close to an end, as a result of increased accountability for brands engaging in and profiting from it.

On top of that, a blockchain-based system would mean that counterfeit products could be traced back to origin and reduce incidence of fraudulent products. To verify goods’ provenance, the blockchain system authenticates and validates their authenticity, or any diversion from its original destination.

The pharma industry is also said to be exploring aspects of this technology . Drug fraud is indeed a concern, with figures showing that 10 percent of all pharmaceutical products around the world are fake — number that can jump to 70 percent in some countries. Fraudulent pharmaceuticals set a dangerous health precedent, so the use of blockchain in this industry could not only be revolutionary, but life-saving.

In 2017, London-based designer Martine Jarlgaard partnered with blockchain company Provenance to track the journey of all material through the supply chain. Each garment in her collection had a digital token, containing location, content and timestamps presented to consumers. Provenance tracked alpaca fleece from the moment of shearing on the farm, through to spinning, knitting, and finishing in Martine Jarlgaard’s London studio.

Matthew Drinkwater, head of the Fashion Innovation Agency at London College of Fashion, who partnered with Martine to give life to the project, said that their goal was to increase consumers’ confidence: “What we’re looking to create is a new protocol and standard for giving consumers confidence in what they’re buying. The fact that this is blockchain-verified will mean it’s a product that they can believe in. That’s where there should be a movement towards, and as the technology evolves, we’ll see the final part of the process become even more transparent and visible for consumers.”

“Full transparency and traceability becomes a stamp of approval allowing consumers to make informed choices with no extra effort,” says Martine.

Blockchain in the food industry

Similarly, the food industry can also enjoy great benefits from blockchain-powered supply chains. Until recently, it had been incredibly difficult for consumers to be sure of the origin of their food, with few mechanisms in place to check on food companies’ practices.

According to the World Health Organisation (WHO), one in 10 people fall ill from contaminated food every year. Food fraud is indeed a problem, and in many cases it arises from flaws with the supply network.

A blockchain-based supply chain had a positive impact on farmers and raw material producers, ensuring corporate responsibility from wealthy food retailers. It also benefits the Fairtrade culture, as it allows for price disclosure, enabling consumers to check for any exploitation of small-scale producers in favour of big company profits, verifying that Fairtrade standards have been respected.

The benefits of blockchain

Ø Transparency: all information available made public
Ø Greater Scalability: any number of participants can participate in the network
Ø Security: open system helps eliminate malpractices and irregularities

Blockchain can increase the efficiency and transparency of any supply chain, creating a positive impact at every step from manufacturing to delivery. It is important, though, that this information is available for consumers so that they are fully aware of the unethical practices that companies could be held to account over. Consumers ultimately have the upper hand in the market and can make informed choices about a brand or purchase.

The Online Ogre: Dealing with Trolling and Defamation on Social Media

Widespread adoption of social media has created blurred boundaries around online privacy. Nowadays, as a great deal of interpersonal communication takes place on the web, personal exposure in the form of social media interaction cannot easily be taken back if you have been less than careful with your words.

The internet is indeed full of trolls: those who purposely bully and offend other users online Despite this, we do not have an efficient range of easily accessible tools to tackle the challenge.

Under the principle of fairness, anyone who has been defamed has the right to reply to that claim in the same location and by the same means as the offender. However, everything happens all too quickly online and, as Warren Buffett said, “it takes 20 years to build a reputation and five minutes to ruin it”.

Users who have been trolled or bullied on social media may experience it so negatively that they do not feel like resuming activity on social networks. This is the story of April, a young girl from England whose experience with social media platforms during her teenage years was not so pleasant, leading to her relationship with social media has been permanently damaged.

Cassiopeia: Can you share your experience with social media trolling?

April: Essentially, when I was younger, I had a Tumblr account where I posted about YouTubers etc. It was all fun, but I did have a fair following of about 20k.

When I was doing this, I had a large group of friends who all had about the same following — we’d meet up as much as we could at events and stuff, it was nice.

But essentially at some point it began going downhill. With Tumblr you can get anonymous messages, so all the time I’d receive messages about my size and my personality, being called fat and annoying etc. When I reflect now, I know those people were probably 14 themselves and just looking for something to do, but when I was 14 it did really affect me. I’d turn my anonymous section off, but then the hate would go to my partner at the time who I had met on the website (she also got hate in this same way).

I think the worst of it was, from what I remember, an entire account was created, to hate on me and my friends, with people sending anonymous messages about how much they hate us etc. Eventually we managed to get the blog deleted but more comments were made.

Also, I remember once I created a help blog where people who were receiving hate or horrible messages could talk and get advice — but this got hacked and the blog got plastered with messages from the hacker saying I was apparently ‘homophobic’ and used the ’n’ word. You can imagine how this went down — the messages I got were awful.

At the time, it felt horrible. I was left wondering — why? But in hindsight, I think maybe it was jealousy — young girls my age bitter about me having loads of followers or talking to their beloved YouTubers on a regular basis. I guess, now, I feel sorry for them and I hope they’ve grown up in the same way I have. I mean, at the time, the internet was still young.

C: When this happened to you, were the routes for resolution available to you clear?

A: When all this was going on, the internet was still young really, I guess some people would consider my generation the first to use the internet like this. The options weren’t really clear, I wasn’t sure what to do except turn off my anonymous settings. After I had done that, some of the hate did die down, but some of it just went straight to my friends’ blogs.

C: What options do you wish were available to you when this happened to you?

A: I wish I had known more about online hate in the first place — what it is and what it can do. It was a shock to me — bullying on my laptop? How does this happen? But essentially, if I could go back, I think a system, maybe as simple as a button on all social media to report hateful comments would be simple and I think anonymous chat sites especially should have something like this, as it’s easier to be horrible when you think there are no consequences. Maybe even a support network, where younger children feel safe to talk about their experiences, as sometimes it can be hard for children to talk to their parents.

C: What effect, if any, did this have on your day-to-day life?

A: I really wouldn’t say it had an explicit effect on my day to day life. I mean, it did make me think about my weight etc, but I consider myself lucky that I’m not a sensitive person and can take things such as this on the chin. I can’t imagine how those who are easily affected by what people say to them would feel.

C: Do you think that information presented online about someone can have an impact in the real world (for better or worse)?

A: Oh 100%!I honestly believe that what you put on social media can make or break you, in some extreme cases, things you ‘innocently’ say online can literally have you fired or a nice thing you post online can low-key make you famous (kids on Ellen being found through videos on Facebook etc).

C: Did this experience change your relationship with social media? How?

A: Yes. I’m a lot more careful about things I say on posts, if I wouldn’t say something in person, I won’t say it online and I think that is a good motto to have. Additionally, I don’t use Tumblr anymore and have strong privacy settings on everything, I only want my friends and approved people to see what I’m doing — I wouldn’t want to risk having trolls commenting ‘fat’ or ‘ugly’ on nice pictures of me at the beach etc.

Cassiopeia is running a series of case studies on the impacts of online interactions, trolling and defamation. We are keen to hear about personal stories as well as businesses cases. If you’d like to share your story with us and help us raise awareness of the issue, email us on

Digibyte: Designing a universal crypto coin

Created in 2014 by Jared Tate, Digibyte (DGB) is a token like few others in the crypto market. DGB is designed to be mass-adopted, its strengths lay exactly in those areas which have proved to be problematic for other major cryptocurrencies such as Bitcoin.

Unlike other coins, DGB had no ICO or pre-mining. It is largely decentralized, which means full user autonomy. Founder Jared Tate has already made it clear that DGB was not intended to be only a form of payment, but instead a highly secure and user-friendly crypto coin.

Compared to other tokens, DGB offers multiple advantages, with a stronger user case: DGB can support over 48 million transactions a day –10 times the current transaction capacity of the top 50 blockchains by market cap. DigiByte can handle the expected transactions from several million users instantly, with no changes needed to the existing blockchain. The DGB platform can also support arbitrages and fund remittances.

Furthermore, Digibyte has a strong case for low transaction fees when compared with other players in crypto players.

Despite these advantages, DGB’s unique selling point is its security angle. Digibyte was one of the first platforms to activate Segwit, even before Bitcoin, which had over 230000 installs. DGB’s security system is so complete that there are more than 20 cryptos currently using DGB DigiShield security feature.

Digibyte is aiming to provide cybersecurity for IoT and AI devices, making DGB a leading cryptocurrency, combining Artificial Intelligence alongside its existing Blockchain technology. Projects which are able to develop a blockchain network securing these devices have the potential to grow in value and adoption in the next years.

Digibyte is also attractive from an investment point of view. DGB is one of the favourite altcoins for speculative trading in 2018. Predictions form crypto experts show that DGB has a 42% growth potential by September, and a 132% by the end of the year. It is said that DGB is hugely undervalued at moment “with realistic chances of growing beyond 600%,” according to Crypto Globalist.

All the features — and the promise of mass adoption — make DGB the ideal option for someone looking into investing in a crypto coin with high-return potential within 5 to 10 years.

The Venezuela Crypto Project: How to make cryptocurrencies

Digibyte Foundation was created in 2017 with the aim of applying blockchain to development causes, education and outreach. One of their first missions is to roll out The Venezuela Crypto Project, an ambitious campaign where the DGB Foundation has chosen Venezuela to run a real-life experiment in mass adoption of cryptocurrencies.

DGB has one of the biggest and strongest online communities. DGB followers firmly believe in the future growth of the coin and its ‘humanitarian’ angle: “I want us as a community to show that we’re not going to shy away from a little bit of charity and goodwill, just because cryptocurrency has been in a bear market lately,” says Josiah Spackman, from the Digibyte Foundation.

Their ‘Venezuela Crypto Project’ aims to provide 2 weeks’worth of payment in crypto coin to 300,000 people in the country to show that it is possible to untie economics and finance from politics, and prevent that economic chaos from descending amid political crisis. Mass adoption of cryptocurrencies is the way towards this.

“The project will benefit the population at large, having their minimal wealth and earnings

stored in something that will retain most of its value, even as international values

fluctuate. Cryptocurrency was chosen rather than other forms of aid, due to the relief it offers from poverty, while at the same time allowing the Venezuelan people to attempt to return their lives to normal. Regular charity is a short-term stop-gap measure, whereas replacing the now worthless Venezuelan Bolívar allows the people to take control of their own finances,” says the Digibyte Foundation’s mission statement.

For the project to succeed, DGB is addressing hindrances such as language barriers by providing services in Spanish, developing a mobile wallet that supports both Android and iOS systems, and extremely low transaction fees.

DBG wants to prove that crypto can create a financial system that is detached from political and economic factors, and international currency fluctuation.

Digibyte founder Jared Tate will be under the spotlight at the next Financial Fox. He will make the case for DGB mass adoption and tell us how cryptocurrencies can re-shape financial systems across the world. Send questions to


David Orban, Founder and Chairman of Network Society, said: “Today’s world needs powerful tools, so that individuals, organizations and corporations can monitor and act on the information relevant to them. This is especially crucial for news around one’s reputation, and we are excited to see Right of Reply working with Network Society to make this possible.”

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Blockchain enters the gaming market, sparking a new generation of gaming experiences

In addition to Blockchain’s already long list of possible uses, the revolutionary technology is now entering one of the most promising sectors within the tech industry: the gaming market.

Gaming has long passed the point of being a simple part of the entertainment market. It has now become an industry in its own right, a very successful one at that, which has shown steady growth for years.

According to New Zoo, the global games market is set to reach $137.9 Billion in 2018, resulting in an increase of 13% from 2017’s figures. Mobile gaming represents more than half of the entire market, following a decade of double-digit growth since the emergence of smartphones. Consumer spending on games is also expected to grow to $180.1 billion by 2021.

Much like the disruption it is causing in many other industries, blockchain will enable a new generation of games to be more flexible, stimulating and, of course, profitable. There has been increasing interest in blockchain appliances from gaming companies. Over the last few years, there have been more than 50 ICOs for gaming-focused projects, the top 10 fundraisers reaching over $323 million alone.

The introduction of blockchain technology enhances the user experience, adding to the existing gaming dynamics and genres. For example, by applying blockchain, users are able to take companions and different items to each world within their gaming universe.

Online Blockchain plc (LSE:OBBC), a UKleading blockchain company, has joined this trend by acquiring a 35% stake in the fast-growing USA-based crypto development team Encryptid Gaming Inc. Encryptid is exploring the multiple elements of Ethereum blockchain and applying them to games to spice up the gaming experience.

Online Blockchain plc evolved from On-Line plc, one the first tech companies to gain ground during the dotcom boom. OBC CEO Clem Chambers is a veteran in the gaming world: “I have worked in and been at the forefront of the gaming world since the early 90s and seen many developments. The advent of blockchain technology opens up a new adventure and a multitude of possibilities. I am looking forward to this blockchain-enabled gaming future,” said Chambers on a company statement (link)

Kyle Stratis of Encryptid Gaming Inc said that blockchain opens up opportunities and new experiences for gamers: “Not only are we building a universe, but we will be transforming gaming by leveraging the exciting possibilities of blockchain technology.”

Online Reputation Management is on the top list in today hyper connected world

Online presence is practically mandatory these days, for corporations and individuals alike. The complexity of building and preserving an online profile in the wilds of modern social media, as well as the need to manage online reputation, have prompted the surge of a new and fast growing tech market: online reputation management.
As building a reliable and authentic online presence is challenging, time consuming and potentially expensive, corporations and institutions are now also waking up to the importance of protecting their online image.According to Deloitte Global Risk Report, reputation damage is the number one risk concern of business executives across the world — rightly so, as research from Bright Local revealed that 85% of consumers trust online businesses reviews as much as personal recommendations, thus highlighting the urgency with which companies need to act to maintain their online integrity.The need for innovative and effective tools to track and manage online profiles has spurred the growth of an entire industry, called Online Reputation Management (ORM). ORM services are used to positively influence consumers’ perceptions about a product, company, brand or other entity in online media.The relatively young ORM market is indeed growing fast. Consulting firm BIA/ Kelsey estimates that small and medium-sized enterprises (SMEs) in North America spend up to $700m annually on online reputation management tools.“Executives can spend long years developing a strong brand. It can be beyond unsettling to wake up one day and see defamatory remarks appearing online, particularly when the items move beyond constructive criticism to include outrageous accusations and even slanderous or libelous remarks,” said Don Sorensen, president of Big Blue Robot, in an interview to Forbes.One of the main reasons behind this exponential growth of ORM services is the barriers users face when attempting to remove online data. In a Reputation Awareness report, 88% of respondents said that they find it difficult to remove inaccurate information from the internet. On top of that, studies indicate that the dissemination of negative news is a lot more rapid than positive news.Authorities have also felt the pressure to put regulations in place to address and prevent online misconduct. In 2015, the European Commission enacted the “Right to Be Forgotten” law which resulted in millions of pages being deleted from online search engines over the allegations that online results could damage people’s life.Despite efforts from central bodies, private ventures and start-ups are the ones really striving to solve and prevent issues, in particular initiatives deploying the latest technologies to build a stronger, more effective response mechanism.Investment Opportunity: Right of Reply (RoR)
Based in London, with a global network and footprint, Right of Reply (RoR) was born to allow everyone to respond personally and directly in a specific, unequivocal and timely manner to any online content that may affect his/her reputation.RoR is an innovative Social Impact Technology company providing rapid, low-cost, and legally sound solutions, to both individuals and enterprises to manage their reputations. Through its online platforms, RoR ensures anyone’s ability to counter unfair, inaccurate or erroneous content with timeliness and relevance, as well as offering media outlets protection against defamatory lawsuits and preventing spread of fake news.One of the main current challenge is that search engines evolve faster than the tools available on the ORM market. Exploring the use of innovative blockchain technology, RoR is inserting a modern take on the ‘Right of Reply’ — a right granted by British Common Law, to guarantee speed and accuracy.Under the principle of fairness, anyone who has been defamed has the right to reply to that claim in the same location and by the same means as the offender. In the online world, the medium is the “post” and the reply should therefore have the same timeliness and weight as the original post.RoR’s platform works by verifying the identity of the person cited in the original post and reserving a response position for that person, which is pinned to the original post. The blockchain ledger is permanently affixed to the response so that any future changes in the ledger will result in another alert on the ROR profile page of the cited person.Right of Reply has today reported its Audited Results for the period ended June 2018 which show a strong performance during the first half of the year 2018.“I am pleased to report initial positive results. Although they only refer to our first six months of operations, they bode well for the Company’s future as we are establishing RoR as a leading ground-breaking company operating in the online reputation management field, a market with high growth potential. We believe in the importance truth plays in maintaining a free and fair press, so have developed our unique set of management tools for online and real-world reputations,” commented CEO Tom BrooksRight of Reply is preparing for a public Listing.For more information feel free to get in touch with us at:

It is time to invest in Bitcoin & Gold

Amid ups and downs in both equities and crypto, having both assets in your portfolio could be the way to bolster security against falling markets. The recent bullish season on the crypto market has been luring some investors to shift their assets from physical gold into what is believed to be Gold 2.0.
By the end of last week, the gold price hit an 18-month low, marking last July as a consecutive month of falling prices, the longest streak for gold since 2013. Experts point out that the reason behind the price drop is falling demand around the globe and strong economic growth in the US over the first half of the year.On the other side of the spectrum, Bitcoin has been going through a bullish season, reaching over $7,000 on Friday, ending on an optimistic tone the rollercoaster ride that has been bitcoin value so far this year. In his recent interview with CNBC Gabor Gurbacs, director of digital asset strategies at VanEck/MVIS, said ‘Bitcoin is used as digital gold today. It’s a de-risk asset. Basically, if someone wants to outlay systematic risk, then one would go to access gold or digital gold (bitcoin),’ he added.While some sceptics still highlight the volatility of the crypto market, we believe that with the current low mood on the equities market, investors could look towards crypto with more interest.A hedging strategy of both crypto and gold investment could be the solution.Bitcoin can actually be good for gold, believes Online Blockchain CEO Clem Chambers.Even for the most traditional investors, there are significant advantages to investing in crypto, believes crypto master Clem Chambers: “Gold and Bitcoin are both assets used as a store of wealth in troubled times. Bitcoin is better than gold as gold is simply not safe to keep. You are easily robbed of gold, but a cold wallet is much hard to steal.”Cryptocurrencies are indeed easily transferable abroad, securely stored in a mobile wallet, and can be traded to other fiat currencies as needed. “Bitcoin has a massive upside against gold.”However, it does not mean that you need to bet all your coins on Bitcoin. In fact, Chambers believes that Bitcoin can even be beneficial for gold, that the two assets complement each other, as such offering more options to store wealth and working together as insurance assets against times of financial turmoil.“Assets… you can’t have too many of them. New media does not destroy old media, in fact new media generally creates even more demand for the established media. TV didn’t destroy the movies, comics didn’t destroy books, paperbacks didn’t destroy hardbacks, the internet didn’t destroy computer games. The same goes for Bitcoin and Gold,” says Chambers.“Bitcoin is new wealth in the same way as a new gold mine would make the world wealthier. There is no reason that Bitcoin can’t be worth what all the gold on earth is, or much more. Bitcoin has a better use case than gold but the use case of Bitcoin is not exactly the same as gold and will not make it obsolete.”Bitcoin 2.0: Crypto follows Gold as insurance again falling marketsCrypto has garnered some support among asset managers as well, who are enthusiastic about including cryptocurrencies in investments — along with gold, which has always been a component of refined portfolios.Amanda Van Dyke, Fund Manager at South River Asset Management believes in smart investment strategies that can edge the protect from usual volatility in the market. Gold and Bitcoin are her preferred assets: “One of the many functions of gold in our financial system is as insurance again falling markets, currencies, inflation, and frankly just world economic chaos. A small part of most sophisticated investor portfolios has always included gold. In this new economic landscape Bitcoin and Crypto currencies are also entering that space. They like gold serve as an alternative to the market, a bit of insurance, slightly outside the general financial system.”It is important to remember that bitcoin is just one coin in the sea that is the cryptocurrency market. There is a wide variety of other tokens being traded on the crypto exchange, many with plenty of potential. Do your research, look for alternative tokens to invest in, and find your niche.