Calls for crypto regulation gather momentum around the world

As the crypto market matures and gains relevance within the global economy, executives, investors and even public bodies worldwide are calling for clearer crypto regulations.

In 2017 we witnessed the ‘Bitcoin boom’, with skyrocketing prices and major attention driven towards cryptocurrencies.

Since the Bitcoin Boom in 2017, the crypto market has exploded with Initial Coin Offerings — the controversial ICOs — with many of those projects, under the flag of the crypto revolution, proving to be nothing more than artifice designed to trick eager investors into putting money into a business that was never realised.

Nevertheless, the high number of fraudulent ICOs is more a representation of dubious morals than a testament of the actual revolutionary nature of blockchain. The challenge posed by the introduction of cryptocurrencies and tokens has allowed for an expansion of investment opportunities for new groups of investors, as well as giving millions of unbanked people around the world an alternative means of finance.

This realisation is slowly spreading among financial regulators, which are now exploring the ways that crypto technology can be integrated into the widerfinancial and regulatory market framework.

In recent months, with the rise in the popularity of tokenised securities — a SEC-compliant class of digital assets, comparable to equities stocks — the theme of regulation is spreading across the crypto space.

At the moment, although the EU does not present a unified framework regarding cryptocurrencies — regulations vary by state members — the European Central Bank has shown plenty of initiatives in exploring ways to regulate and manage cryptocurrencies.

In the beginning of 2019 alone, two major European regulatory bodies, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) have publicly called for better assessments of crypto technology and its impacts in order to develop appropriate regulations.

In an official statement, the EBA said it is calling for regulations to protect investors above all, and has asked the European Commission for a comprehensive analysis to assess whether unified crypto rules are needed across the region. In addition, the ESMA’s recommendations advise the EU Commission on the current regulations which can be suitably applied to crypto assets.

In the emerging markets scene, where the positive effects of cryptocurrencies are more tangible, calls for regulation have also risen, with movements urging authorities to work on implementing and regulating cryptocurrencies.

In India, where the legalisation of digital currencies has become a divisive topic, the Reserve Bank of India (RBI) has put a ban on banks and any regulated financial institutions from “dealing with or settling virtual currencies”. The move in April 2018 sparked backlash from crypto enthusiasts, who defend their right to enjoy alternative finance means.

The CEO of India-based Cryptocurrency Exchange WazirX, Nischal Shetty, kicked off a social media campaign to attract the attention of Indian financial regulators over the need for ‘positive regulation’ ofcryptocurrencies, which provide the Indian population with an innovative, necessary and accessible tool for economic growth: “Please bring positive regulations in crypto and over 5 million crypto Indians will be thankful to you. Youth of India have found a new way to make wealth & this is especially important when there are not enough jobs for everyone,” he said.

Crypto experts have already stated that 2019 should be “the year of crypto regulation” and represents an important move towards allowing the blockchain revolution to truly thrive and improve financial practices around the world.

“Regulations are a necessary step to take the crypto industry to the next level. We have seen numerous cases of fraud and scams in the ICO space in the last couple of years, which has put off institutional investors and created a sense of distrust in crypto projects. However, with a regulatory framework in place, cryptocurrencies and tokens are no longer products of mere speculation. They have become real assets. It benefits both the investor side and companies themselves, and shows the maturity of the crypto market,” says Stefania Barbaglio, Director at Cassiopeia Services, leading crypto & blockchain PR.

Keep an eye out for upcoming interview with Nischal Shetty about the crypto scene in India and the impact of cryptocurrencies on emerging markets. Follow us on @cassiopeia_ltd and subscribe to our YouTube channel FinancialFox.

Calls for crypto regulation gather momentum around the world

As the crypto market matures and gains relevance within the global economy, executives, investors and even public bodies worldwide are calling for clearer crypto regulations.

In 2017 we witnessed the ‘Bitcoin boom’, with skyrocketing prices and major attention driven towards cryptocurrencies.

Since the Bitcoin Boom in 2017, the crypto market has exploded with Initial Coin Offerings — the controversial ICOs — with many of those projects, under the flag of the crypto revolution, proving to be nothing more than artifice designed to trick eager investors into putting money into a business that was never realised.

Nevertheless, the high number of fraudulent ICOs is more a representation of dubious morals than a testament of the actual revolutionary nature of blockchain. The challenge posed by the introduction of cryptocurrencies and tokens has allowed for an expansion of investment opportunities for new groups of investors, as well as giving millions of unbanked people around the world an alternative means of finance.

This realisation is slowly spreading among financial regulators, which are now exploring the ways that crypto technology can be integrated into the widerfinancial and regulatory market framework.

In recent months, with the rise in the popularity of tokenised securities — a SEC-compliant class of digital assets, comparable to equities stocks — the theme of regulation is spreading across the crypto space.

At the moment, although the EU does not present a unified framework regarding cryptocurrencies — regulations vary by state members — the European Central Bank has shown plenty of initiatives in exploring ways to regulate and manage cryptocurrencies.

In the beginning of 2019 alone, two major European regulatory bodies, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) have publicly called for better assessments of crypto technology and its impacts in order to develop appropriate regulations.

In an official statement, the EBA said it is calling for regulations to protect investors above all, and has asked the European Commission for a comprehensive analysis to assess whether unified crypto rules are needed across the region. In addition, the ESMA’s recommendations advise the EU Commission on the current regulations which can be suitably applied to crypto assets.

In the emerging markets scene, where the positive effects of cryptocurrencies are more tangible, calls for regulation have also risen, with movements urging authorities to work on implementing and regulating cryptocurrencies.

In India, where the legalisation of digital currencies has become a divisive topic, the Reserve Bank of India (RBI) has put a ban on banks and any regulated financial institutions from “dealing with or settling virtual currencies”. The move in April 2018 sparked backlash from crypto enthusiasts, who defend their right to enjoy alternative finance means.

The CEO of India-based Cryptocurrency Exchange WazirX, Nischal Shetty, kicked off a social media campaign to attract the attention of Indian financial regulators over the need for ‘positive regulation’ ofcryptocurrencies, which provide the Indian population with an innovative, necessary and accessible tool for economic growth: “Please bring positive regulations in crypto and over 5 million crypto Indians will be thankful to you. Youth of India have found a new way to make wealth & this is especially important when there are not enough jobs for everyone,” he said.

Crypto experts have already stated that 2019 should be “the year of crypto regulation” and represents an important move towards allowing the blockchain revolution to truly thrive and improve financial practices around the world.

“Regulations are a necessary step to take the crypto industry to the next level. We have seen numerous cases of fraud and scams in the ICO space in the last couple of years, which has put off institutional investors and created a sense of distrust in crypto projects. However, with a regulatory framework in place, cryptocurrencies and tokens are no longer products of mere speculation. They have become real assets. It benefits both the investor side and companies themselves, and shows the maturity of the crypto market,” says Stefania Barbaglio, Director at Cassiopeia Services, leading crypto & blockchain PR.

Keep an eye out for upcoming interview with Nischal Shetty about the crypto scene in India and the impact of cryptocurrencies on emerging markets. Follow us on @cassiopeia_ltd and subscribe to our YouTube channel FinancialFox.

The era of digital trading: New technologies to transform trading landscape

Commodity trading is no revolutionary activity; yet, the introduction of digital technologies over the last few years has enabled the development of a new environment and advanced practices, better aligned to meet the objectives of traders and investors.

Estimates show that about $10 trillion worth of commodities are produced and consumed per annum globally. Each of these commodities completes its cycle along the supply chain, but until now it had not been possible to integrate and exchange information between them.

The convenience and speed brought by the digitisation of trading opens the commodities markets to new classes of investors, with the need for more transparent and efficient commodity trading practices being addressed through open-sourced technologies. The very same disruptive technologies which are being deployed in various other industries, particularly prominent in fintech, can also make trading a more efficient and reliable undertaking.

The digitisation of trading includes the implementation of tech features into systems to allow better performance, as well as initiating a shift in the structure of assets themselves: digital assets are increasingly popular and comparable to traditional equity stocks, with the advantage of being more user-friendly and accessible.

If on one hand, digital assets are democratising the market, the digital tools within their structure help with understanding and processing of the cycles and behaviours of commodities trading, allowing for better informed decisions and improved risk management. They also provide closer estimates and predictions about demand, markets swings and external sentiment.

The rise of Digital & Tokenised Securities

The new year started on full steam around tokenised securities, with the recent launch of a trading platform by DX.Exchange that allows investors to buy the security tokens of popular Nasdaq-listed companies, such as Apple, Tesla, Facebook and Netflix.

“By tokenizing stocks of some of the biggest publicly-traded companies like Google, Amazon, Facebook and more, we are opening an untapped market of millions of old and new traders around the globe cutting out the middleman,” said Amedeo Moscato, DX’s chief operating officer to CNBC.

The important difference is that STOs are asset-backed and fall within regulatory parameters, working similarly to the way IPOs do in the equities market. Therefore, security tokens are naturally less susceptible to market volatility and offer better security to both investors and companies.

With tokenised securities, tokens can be transacted on a global scale, allowing borderless transactions 24/7 anywhere in the world regardless of business hours and time zones, even outside market hours. Thus, tokens are bound to become increasingly popular and regulatory frameworks should continue addressing them more fully.

Usually stored in smartphone-based digital wallets, tokens are secure and immutable, representing a more attractive alternative to the old environment of the stock market.

These digital assets are supported by the integration of other technology intrinsic to market and trading mechanisms, especially artificial intelligence, blockchain and biodata.

● The terms Artificial intelligence and machine learning represent computer software that learns automatically through patterns in stored data. The implementation of AI algorithms into trading systems generates improved responses through a predetermined logic, which leads to more accurate results and reduced costs and losses.

● In the realms of both physical commodities or digital assets, Blockchain is a useful technology as it allows storage and transactions to be optimised. More than enabling cryptocurrencies and tokens, because of its decentralisation, automated data and strong security framework, blockchain is an ideal underlying structural technology for new trading platforms .

● Some innovative mechanisms are working beyond the trading machinery to improve activity at human level as well. Platforms such as NeuroTrader harness biodata and AI within a platform designed to optimise trader performance. Based on studies around trader behaviour, the platform uses neuro and psychological information to stipulate the best trading decisions. The purpose is to create an advanced risk-management tool for professional traders and mitigate losses.

“The new generation of digital technologies like AI, blockchain and Big Data, are very versatile.They can be deployed to various ends to meet different needs across virtually all industries. In the case of trading, these new tools add value to investor experience and nurture a more transparent and open environment,” says Stefania Barbaglio, Director at Cassiopeia Services.

The era of digital trading: New technologies to transform trading landscape

Commodity trading is no revolutionary activity; yet, the introduction of digital technologies over the last few years has enabled the development of a new environment and advanced practices, better aligned to meet the objectives of traders and investors.

Estimates show that about $10 trillion worth of commodities are produced and consumed per annum globally. Each of these commodities completes its cycle along the supply chain, but until now it had not been possible to integrate and exchange information between them.

The convenience and speed brought by the digitisation of trading opens the commodities markets to new classes of investors, with the need for more transparent and efficient commodity trading practices being addressed through open-sourced technologies. The very same disruptive technologies which are being deployed in various other industries, particularly prominent in fintech, can also make trading a more efficient and reliable undertaking.

The digitisation of trading includes the implementation of tech features into systems to allow better performance, as well as initiating a shift in the structure of assets themselves: digital assets are increasingly popular and comparable to traditional equity stocks, with the advantage of being more user-friendly and accessible.

If on one hand, digital assets are democratising the market, the digital tools within their structure help with understanding and processing of the cycles and behaviours of commodities trading, allowing for better informed decisions and improved risk management. They also provide closer estimates and predictions about demand, markets swings and external sentiment.

The rise of Digital & Tokenised Securities

The new year started on full steam around tokenised securities, with the recent launch of a trading platform by DX.Exchange that allows investors to buy the security tokens of popular Nasdaq-listed companies, such as Apple, Tesla, Facebook and Netflix.

“By tokenizing stocks of some of the biggest publicly-traded companies like Google, Amazon, Facebook and more, we are opening an untapped market of millions of old and new traders around the globe cutting out the middleman,” said Amedeo Moscato, DX’s chief operating officer to CNBC.

The important difference is that STOs are asset-backed and fall within regulatory parameters, working similarly to the way IPOs do in the equities market. Therefore, security tokens are naturally less susceptible to market volatility and offer better security to both investors and companies.

With tokenised securities, tokens can be transacted on a global scale, allowing borderless transactions 24/7 anywhere in the world regardless of business hours and time zones, even outside market hours. Thus, tokens are bound to become increasingly popular and regulatory frameworks should continue addressing them more fully.

Usually stored in smartphone-based digital wallets, tokens are secure and immutable, representing a more attractive alternative to the old environment of the stock market.

These digital assets are supported by the integration of other technology intrinsic to market and trading mechanisms, especially artificial intelligence, blockchain and biodata.

● The terms Artificial intelligence and machine learning represent computer software that learns automatically through patterns in stored data. The implementation of AI algorithms into trading systems generates improved responses through a predetermined logic, which leads to more accurate results and reduced costs and losses.

● In the realms of both physical commodities or digital assets, Blockchain is a useful technology as it allows storage and transactions to be optimised. More than enabling cryptocurrencies and tokens, because of its decentralisation, automated data and strong security framework, blockchain is an ideal underlying structural technology for new trading platforms .

● Some innovative mechanisms are working beyond the trading machinery to improve activity at human level as well. Platforms such as NeuroTrader harness biodata and AI within a platform designed to optimise trader performance. Based on studies around trader behaviour, the platform uses neuro and psychological information to stipulate the best trading decisions. The purpose is to create an advanced risk-management tool for professional traders and mitigate losses.

“The new generation of digital technologies like AI, blockchain and Big Data, are very versatile.They can be deployed to various ends to meet different needs across virtually all industries. In the case of trading, these new tools add value to investor experience and nurture a more transparent and open environment,” says Stefania Barbaglio, Director at Cassiopeia Services.

Cassiopeia trends to watch in crypto and blockchain for 2019

The year to come promises yet more innovative mainstream blockchain and cryptocurrency applications. Two years after the bitcoin boom, we can see increasing understanding of cryptocurrencies and markets reaching greater maturity.

Whilst the hype around bitcoin has certainly passed, the advantages and benefits of deploying blockchain have only just started to show. Blockchain technology itself has improved in 2018, with greater scalability, more decentralised features and enhanced security. One thing we can be sure of is that in 2019, the blockchain and fintech revolutions will continue to gain ground, paving the way for more innovations to enter the market.

The external mood is causing investors and entrepreneurs to steer clear of traditional markets. With the political climate bringing chaos in the UK and Europe, coupled with low oil price expectations and continued volatility in equities, alternative investment options, as those found in the crypto market, can be much more attractive.

Check out our predictions in the blockchain and crypto space for next year and pick your favourite projects.

  1. Bitcoin out, Altcoins in. DigiByte under the spotlight

The Bitcoin hype is certainly over, and the last year has created a chance for other crytpocurrencies — known as altcoins to shine.

One of the most successful of such projects is DigiByte (DGB). Powered by strong community effort, DGB is a token designed for mass scale adoption and cybersecurity. DGB is the fastest and most scalable blockchain in the world due to its design choices, such as multi-algorithm mining and decreasing block times. Every 2 years, the DGB blockchain's dynamic strcuture system doubles the number of transactions per second by doubling the block size. In 2019, capacity should reach 1100+ transactions per second, with a maximum capability of 280,000 transactions per second by 2035.

Another crypto in strong favour is Ripple. Desgined as the cryptocurrency of banks and international companies for money transfer, its token XRP allows users to send money all around the globe at high speed and low cost. Ripple is becoming further integrated to banks and fintech systems and is already being used by over 100 companies worldwide.

2. The Darwin Effect in the ICO market.

Capital to be directed to projects with stronger use cases.

After the ICO boom in 2017 through 2018, the next year will bring a more ‘evolved’ phase of the ICO market. Many of the vast number of coins launched over the last couple of years proved to be poorly managed projects with no real or practical applications, or in some cases even fraudulent.

The future of ICOs is in projects that present great scalability — ability to grow without losing efficiency — and strong use cases. Coins and tokens to watch are those that can add real value to the user experience and provide new avenues for efficiency in business models while promoting innovation.

With the introduction of more reliable regulating mechanisms both at governmental and community level, we’ll see a cleansing in the market, with a ‘survival-of-the-fittest’ model allowing only the most solid projects to stay in the game.

3. The Technology Revolution is on: Blockchain meets AI

The integration of blockchain with other disruptive technologies such as artificial intelligence is already a hot topic this year — a trend set to increase even more. Recently, Google announced solid moves to widen its AI team and research. The tech giant has promised to deploy AI features to social change projects and develop fairer machine learning mechanisms.

We should also expect further integration of blockchain into platforms with AI and Internet of Things (IoT). IoT is a system of multiple interconnected devices, all with unique identifiers and capable of transferring information between one another via network connection.

Because of its decentralisation, automated data and strong security framework, blockchain is an ideal underlying structural technology for many industries.

4. Crypto market matures and becomes more sophisticated amid widespread adoption of blockchain by different industries

According to a survey by the International Data Corporation, in 2019, we can expect more investments in blockchain projects as investors are searching for increasingly sophisticated solutions, faster networks and a higher degree of innovation. The technology is set not only to generate new applications but also be integrated into already existing systems. Respondents reported being keen to take blockchain on board as it will provide significant benefits to their companies and improve their way of doing business.

In the crypto market, the trend indicates that the number of exchanges and listed coins are continuing to grow, but also that the crypto market in general is more mature, more sustainable and receiving more substantial investments from institutional investors.

Aside from finance, so many different industries can benefit from adopting blockchain. One of the prime cases is Online Blockchain (OBC), a pioneer tech company developing a number of blockchain projects around the world. OBC employs a long-term strategy, analysing various markets and applications where blockchain can bring disruption. Throughout 2018, the company has launched cryptocurrencies in many Asian and Latin American countries, as well as establishing partnership with a gaming company to integrate blockchain into its gaming features.

5. Stronger crypto communities: DigiByte in the driving seat

With the widespread adoption of blockchain and people getting used to the decentralised ecosystem, there is an atmosphere of understanding and appreciation. People all over the world are beginning to understand the power of decentralisation so are keen to get involved in blockchain projects, sharing ideas and bringing their contributions to the cause. This proactive social involvement and engagement in the technology revolution has resulted in digital communities which are starting to serve as a key element for any project aiming at a wide adoption. They are also the new protagonist of a new marketing and communication frontier.

One example of such a strong and effective community is the community around DigiByte Coin. Tens of thousands of people from all over the world have contributed to DigiByte in countless ways over the past half-decade to make it what it is today. In fact, in a first-of-its-kind DGB event in London hosted by Cassiopeia Services, the founder of DGB Mr Jared Tate himself admitted that one of his developers is someone he has never met in his life, showing that people’s strong belief in DGB is the real reason behind its immense growth. Those people are highly motivated, driving the development of blockchain with new project ideas, all the while spreading awareness.

The next DGB event, DigiByte Global Summit is taking place in Amsterdam on 19th April 2019. Registrations now open here.

5.The Power of Decentralisation: Increasing Decentralised Applications (DApps)

The coming year will see a prominent boost in the adoption of decentralised applications. Any centralised database can be converted into a distributed, scalable database that can be used to power such innovative applications.

More recently, the scalability of DApps has been improving and investor attention is turning to the different applications that are built of top of blockchain platforms. One of the most prominent coins developing and exploring DApps is DigiByte, which has implemented further decentralisation features and increased security for the new generations of crypto applications.

Decentralised applications run on a peer-to-peer network, rather than a single computer, and have existed since the advent of peer-to-peer networks. They are a type of software program designed to exist on the internet in a way that is not controlled by any single entity. A DApp is a distributed application that runs its back-end code on a distributed ledger network. DApps can be designed to be censorship-resistant and prevent a failure or attack from a single point. The software program is designed on the internet where consensus — rather than a single entity — is the control. DGB’S focus on DApps regarding decentralised networks will cause a paradigm shift in the industry’s software models. The distributed, transparent, and incentivised application will transform technology, especially the app industry.

Games as DApps have already started to get the attention of millennials, an area which is expected to increase considerably in the coming year. One such example of a potential ICO is ULTICOIN.

6. Regulations and jurisdictions: Increase watchdog

Along with the ‘mainstreaming’ of blockchain come regulations and legal frameworks to standardise it. Countries like Malta, Gibraltar and Switzerland have already indicated moves towards welcoming crypto into their economies and legislations.

In light of expansive growth, other economies are working on strategies for digital economy and fintech, with special address to cryptocurrencies. In Europe, Switzerland takes the lead in welcoming blockchain and disruptive technologies into a regulatory framework. During this year, the country has established a crypto sector within FINM, its financial market regulatory body. In recognition of the increasing number of coins on offer under the Swiss market, the body has set specific rules for ICOs and digital assets, aiming to better protect banks, businesses and customers who transact with cryptocurrencies.

Malta has also followed similar steps to set cryptocurrency regulations which came into effect in late 2018 under the The Innovative Technology Arrangement and Services Act. The small country is indeed showing itself as the leading nations in embracing blockchain. Malta is home to famous crypto exchanges such as Binance and BitBay, and has established a partnership with OKEx to launch a new crypto exchange with the fintech arm of Malta Stock Exchange Holdings.

7. Gaming innovation and development. Gamification to spread

The multi-billion-dollar gaming industry is usually seen as a forward-thinking space in terms of adopting new technologies. This is (almost certainly the case with blockchain. Projects integrating blockchain into gaming services or coupling gaming and cryptocurrencies have recently emerged and are showing strong tendencies towards growth.

Gaming platforms built on blockchain offer many more features to users such as increased security and transparency, and the ability to trade assets without the need for a third party — which would usually set rules and charge fees.

Furthermore, projects such as ULTICoin offer gamers — for the first time — the chance to exchange their gaming tokens into cryptocurrencies and potentially fiat currencies, promising to turn gaming into a profitable activity and make the market increasingly attractive to investors. ULTI capitalises on the value locked in the gaming market, giving more power and control to developers over earnings and distribution.

A decentralised gaming market allows more independence for all parts involved, as it eliminates the middlemen who can delay proceedings or deprive these developers of their entitlements. On top of that, blockchain helps with distribution and publishing fees, arbitrary selection and restrictions.

8. Future Economy Tokenisation & Digital Security Assets

Structurally comparable to stocks, tokens are becoming the new assets, with the advantage of being more user-friendly, as tokens — more accurately called digital assets — are more practical and tangible. Usually located in digital wallets in smartphones, tokens are secure and immutable, representing a more attractive alternative to the old environment of the stock market.

Security tokens are fully-compliant digital assets representing the ownership in traditional asset classes such as real-estate, equities and bonds. Thanks to blockchain, investors of all levels are able to access investments on a 24/7, transparent and global platform to trade securities of all kinds.

Swarm Fund is at the forefront of the digital security implementation in market and investment. Swarm is the Open Infrastructure for Digital Securities and the first private equity blockchain fund: an open-source fully regulated platform for scalable crypto investments. In essence, Swarm is a decentralised capital marketplace that democratises investment in crypto security assets offering a fully compliant and legal infrastructure.

It offers a wide variety of investment options in crypto security assets, within a fully compliant and legal infrastructure. The investments are all built on the same platform: new opportunities and free access to digitised assets to any investor on a non-discriminatory basis.

Crypto experts believe that, due to increased sophistication and better regulation, Security Token Offerings will be just as successful as the movement in the ICO markets in 2018, or even more so.

9. Cybersecurity at the top

While a digital economy can make doing finance easier, it also poses risks of data breaches and hacking. Therefore, the future calls for better management of digital assets at all levels and more sophisticated mechanisms to counter malicious acts.

DX exchange is the first crypto exchange powered by NASDAQ. Its technology relies on NASDAQ’s infrastructure, such as its matching engine, used by over 70 exchanges around the world. DX’s regulations meet the highest regulatory standards, thus avoiding common errors and bugs, such as double count trading, and in general prevents fake volumes.

Cybersecurity is a major concern for crypto exchanges, as has been seen in numerous cases. This issue will also be addressed with the help of NASDAQ’s infrastructure, and Daniel Skowronski, the CEO of DX exchange, has promised to hire the best specialists in the field to avoid hacks and other malicious attacks.

10. Decentralised Exchanges (DEX)

The past couple years have seen centralised crypto exchanges being hacked, and attacked by regulators as a result. One of the trends in 2019 will be the growth of the decentralised exchange, which introduces the features of blockchain to the market structure. Even though DEX architecture employs centrally-managed, off-chain order books, traders retain possession of their private keys until a counterparty is found, at which point the trade is executed on chain.

11. Fintech spurs growth in developing countries

In emerging economies, technological developments are set to prompt economic growth and societal change by increasing financial inclusion and individual empowerment. Fintech tools, especially mobile banking, have helped millions of unbanked citizens to manage their money better and more safely.

In Africa, where the vast majority of the population works in agriculture, technology can make a big difference. Use of innovative tools allows small holder farmers to grow production and make a living. Block Commodities, a leading agritech company operating in Africa, has developed Farmer 3.0, a farming model that integrates small scale farmers into commercial supply chains and markets with the aid of disruptive technologies. With the use of digital finance, as well as big data, artificial intelligence, drones and machine learning, farmers are able to reduce inefficiencies in their practices and maximise production as a result.

12. Blockchain to combat fake news: Securing your digital identity is now a priority.

Among its various applications, blockchain technology can underpin online platforms that promote more authentic relationships between users and a healthier social media environment overall.

During 2018, we witnessed the spread of fake news on social media for political purposes. In light of this, technology companies have started developing applications to counter malicious content and bad actors online. One such company is Right of Reply, which is harnessing blockchain to create multiple platforms which can better regulate online interactions.

One way of addressing the fake news problem is to allow opposing ‘sides’ of a story to tell their respective versions within the same platform, to save time and enhance relevance. For this to happen, users need access to mechanisms which can manage their reputations and flag any mention of their names in online content.

RoRkey, Right of Reply’s technology subsidiary, focusses on aligning digital and real identity to allow verifiable identity and truth.

RoRKey offers verified digital reputation identities for registered users (DRI Standard and DRI Pro) which allow them to interact in a secure and protected ecosystem in various social communications and online media content as well as offering a verified ID that can used for different services within Right of Reply and its partners.

DRI Pro utilises a thorough identification process, requiring each user to undergo significant KYC (“know your customer”) and AML (“anti-money laundering”) procedures. This verification process reflects financial service level procedures, and includes the delivery of private and public encryption keys to the registered user.

Right of Reply and RorKey are planning to partner with other third-parties such as financial institutions, utility and insurance companies, online payment platforms, websites and social media to use DRI Pro as the means to prove the user’s digital identity. The plan for for DRI Pro is to become an officially recognized legal proof of ID.

The trends above set the scene for what we can expect in the tech space and the areas where growth and opportunity are brewing.

“Individuals have finally understood that blockchain is so much more than bitcoin and can truly revolutionise the way many industries work. Embracing this technology is not only positive but necessary to survive in an increasingly competitive space,” says Stefania Barbaglio, director of Cassiopeia Services, a leading PR/IR company acting in the blockchain space.

“The key to successful projects is to have strong use cases and applications that can add value to people and society. Innovation is the rule.”

The age of tokenisation: Understanding security and utility tokens

In the age of cryptocurrencies, assets of any kind can be stored in mobile wallets in our smartphones. Such assets are then known as tokens. Much like shares, tokens are a form of digital asset issued a by a company, and there are two main token types which investors looking into crypto should be aware of.

The fundamental difference between an ICO and an IPO is that in the case of the latter, you receive stock in exchange for the your investment, while an ICO provides you with a token in exchange for your investment. However, unlike company shares, a utility token is purchased mainly to give the user access to a service or a product provided by the company.

One utility token example is Filecoin, which after raising $257million in token sales, grants its users access to its decentralised cloud storage platform. Investing in utility tokens during a company’s ICO phase — also called user tokens or app coins — represents future access to that company’s product once released.

Security tokens, on the other hand, are digital assets whose value comes from external assets, whichcan then be traded and eventually generate profit for token holders.

The main difference between the two token types lies in their functionalities. Whilst a utility token represents a product or service in itself, the security token is an investment in a project togenerate future returns.

Any token sold with the prospect of future profit qualifies as a security, so because anyone issuing any form of security must register their investment contracts with the Securities and Exchange Commission (SEC), security token holders must follow SEC regulations.

Security tokens are subject to the federal laws that govern securities, preserving consumer protection and increasing company accountability. SEC’s primary objective is to ensure that all ICOs comply with the regulations. This ensures safer practices for both companies and token-holders, and a healthier marketplace.

As the blockchain industry evolves and expands globally at a rapid pace, regulatory bodies are feeling the pressure to implement tailored frameworks to guarantee well-functioning practices and avoid fraudulent activities.

By October 2018, the cryptocurrency market cap sat at approximately 300 billion dollars, while in Q1 of the same year, ICOs had raised an estimated amount $5 billion.

Following this crypto market ICO boom, and the consequent fall-out after many ICOs turned out to be scams, the SEC set up a special task force in early 2018 to oversee cryptocurrencies. SEC-regulated ventures attract institutional investors, resulting in substantial sums to drive the projects forward.

“Our securities laws apply to the ICO space, and if people are going to raise money using initial coin offerings they either have to do so in private placement or register with the SEC,” said SEC Chairman Jay Clayton, amid the crackdown on ICO regulation.

Under SEC rules, security tokens offer holders significant advantages and rights within the company, such as equity, voting rights, dividends, buy-back rights and many others that utility tokens could not offer.

Why use tokenised securities?

There are considerable benefits in issuing and purchasing tokenised securities. Apart from being SEC-compliant and offering security to asset holders, tokens allow inexpensive and fast transactions: because there are no intermediaries between companies and token holders, transactions are quick and cost-effective, adding more value to the use of tokens.

As is typical of digital assets, tokens can be transacted on a global scale, allowing borderless transactions 24/7 anywhere in the world regardless of business hours and time zones.

“Ultimately, we can envision a world where we may even work with regulators to tokenise existing types of securities, bringing to this space the benefits of cryptocurrency-based markets — like 24/7 trading, real-time settlement, and chain-of-title,” said Coinbase COO Assiff Hiriji when the exchange was awarded SEC approval.

For the reasons above, tokens are bound to become increasingly popular and regulatory frameworks should continue addressing them more fully.

“As the blockchain revolution keeps gaining ground around the world, we see more companies embracing new ways of doing business which prioritise consumer value and enhance transparency in the relationship between company and share/ token holder,” said Stefania Barbaglio, Director at Cassiopeia Services.

The age of tokenisation: Understanding security and utility tokens

In the age of cryptocurrencies, assets of any kind can be stored in mobile wallets in our smartphones. Such assets are then known as tokens. Much like shares, tokens are a form of digital asset issued a by a company, and there are two main token types which investors looking into crypto should be aware of.

The fundamental difference between an ICO and an IPO is that in the case of the latter, you receive stock in exchange for the your investment, while an ICO provides you with a token in exchange for your investment. However, unlike company shares, a utility token is purchased mainly to give the user access to a service or a product provided by the company.

One utility token example is Filecoin, which after raising $257million in token sales, grants its users access to its decentralised cloud storage platform. Investing in utility tokens during a company’s ICO phase — also called user tokens or app coins — represents future access to that company’s product once released.

Security tokens, on the other hand, are digital assets whose value comes from external assets, whichcan then be traded and eventually generate profit for token holders.

The main difference between the two token types lies in their functionalities. Whilst a utility token represents a product or service in itself, the security token is an investment in a project togenerate future returns.

Any token sold with the prospect of future profit qualifies as a security, so because anyone issuing any form of security must register their investment contracts with the Securities and Exchange Commission (SEC), security token holders must follow SEC regulations.

Security tokens are subject to the federal laws that govern securities, preserving consumer protection and increasing company accountability. SEC’s primary objective is to ensure that all ICOs comply with the regulations. This ensures safer practices for both companies and token-holders, and a healthier marketplace.

As the blockchain industry evolves and expands globally at a rapid pace, regulatory bodies are feeling the pressure to implement tailored frameworks to guarantee well-functioning practices and avoid fraudulent activities.

By October 2018, the cryptocurrency market cap sat at approximately 300 billion dollars, while in Q1 of the same year, ICOs had raised an estimated amount $5 billion.

Following this crypto market ICO boom, and the consequent fall-out after many ICOs turned out to be scams, the SEC set up a special task force in early 2018 to oversee cryptocurrencies. SEC-regulated ventures attract institutional investors, resulting in substantial sums to drive the projects forward.

“Our securities laws apply to the ICO space, and if people are going to raise money using initial coin offerings they either have to do so in private placement or register with the SEC,” said SEC Chairman Jay Clayton, amid the crackdown on ICO regulation.

Under SEC rules, security tokens offer holders significant advantages and rights within the company, such as equity, voting rights, dividends, buy-back rights and many others that utility tokens could not offer.

Why use tokenised securities?

There are considerable benefits in issuing and purchasing tokenised securities. Apart from being SEC-compliant and offering security to asset holders, tokens allow inexpensive and fast transactions: because there are no intermediaries between companies and token holders, transactions are quick and cost-effective, adding more value to the use of tokens.

As is typical of digital assets, tokens can be transacted on a global scale, allowing borderless transactions 24/7 anywhere in the world regardless of business hours and time zones.

“Ultimately, we can envision a world where we may even work with regulators to tokenise existing types of securities, bringing to this space the benefits of cryptocurrency-based markets — like 24/7 trading, real-time settlement, and chain-of-title,” said Coinbase COO Assiff Hiriji when the exchange was awarded SEC approval.

For the reasons above, tokens are bound to become increasingly popular and regulatory frameworks should continue addressing them more fully.

“As the blockchain revolution keeps gaining ground around the world, we see more companies embracing new ways of doing business which prioritise consumer value and enhance transparency in the relationship between company and share/ token holder,” said Stefania Barbaglio, Director at Cassiopeia Services.

Ulticoin: The cryptocurrency gamers have been waiting for

The multi-billion dollar gaming market is about to witness a brand new project leveraging on blockchain technology to give players the chance of cashing in ‘real money’ from their gaming tokens.

The gaming industry helped drive the internet, certainly in the social media age where social gaming and microtransactions have become a flourishing industry in their own right. Now, the industry could be helping to spur the growth of blockchain technology and increase adoption of cryptocurrencies.

Numbers indicate there are more than 25,000 e-gaming platforms worldwide, generating altogether between USD$20 to 40 billion in revenue. Online gaming is expected to grow by over 11% a year until 2020. This impressive growth is mostly down to new technologies enhancing current gaming experiences and creating niches in the market.

In 2017 alone, the gaming industry generated $108.4 billion in revenue. The good sentiment is also felt on the investment side in an 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.

Among many features, the introduction of blockchain technology in games offers more security to players, can increase number and variety of elements and allows more sophisticated features.

The integration of blockchain into gaming is seen as a positive move within the crypto space. Gamers are known to be early adopters of new technologies and their familiarity with tokens and virtual currencies can help drive adoption of cryptocurrencies wider.

ULTI Coin: Exchange gaming tokens for real currencies

Aiming to reach the core of the popular and expanding gaming industry, blockchain developers decided to create ULTICoin.

The coin started to be designed in 2017 by a team of experts in gaming — and gamers themselves — who understanding the market very well spotted the opportunity of deploying crypto technology to unlock the billions of dollars that are locked inside video games features and different realities.

ULTI Coin is the first-of-its-kind allowing players to get ‘real’ money’ from their games. ULTI Coin is new cryptocurrency that implements and manages in-game virtual currencies. Purpose of ULTICoin is exchanging in-game currencies for ULTI Tokens, which allows gamers to become users of ULTICoin, and exchange ULTI Tokens for at currencies or any other in-game currency.

“Our aim is to partner with as many gaming companies as possible. In any game, you gather tokens which now with ULTI coin can be exchanged for real money,” said Nadja Jovovic, consultant at ULTCoin.

“Our project is built on Ethereum blockchain, which means users get the speed, safety and transparency from Ethereum network,” said Sergej Belavin, senior consultant at ULTI Coin

ULTI will soon be listed on different crypto exchanges around the world which will allow gamers to trade their gaming coins to other cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and eventually fiat values.

The team behind the idea and development of ULTI Coin have long experience in the gaming industry, offering expert insight and understanding of what it takes to make ULTI successful in the market. Sinisa Milic, CEO and Petar Bozic, Co-Founder, have combined knowlegde of engineerging business and share a passion for exploring the possibilities of decentralised technologies.

Stefania Barbaglio, Cassiopeia Director and Blockchain PR Strategist and Advisor to ULTICoin, commented: “There are 25,000 e-gaming platforms worldwide, which generate USD$20 to 40 billion in revenue, a figure set to continue growing . ULTICoin is the first ‘real money’ token in gaming, a new cryptocurrency that manages in-game virtual currencies, enabling gamers to unlock the billions of dollars inside video game features.”

Ulticoin: The cryptocurrency gamers have been waiting for

The multi-billion dollar gaming market is about to witness a brand new project leveraging on blockchain technology to give players the chance of cashing in ‘real money’ from their gaming tokens.

The gaming industry helped drive the internet, certainly in the social media age where social gaming and microtransactions have become a flourishing industry in their own right. Now, the industry could be helping to spur the growth of blockchain technology and increase adoption of cryptocurrencies.

Numbers indicate there are more than 25,000 e-gaming platforms worldwide, generating altogether between USD$20 to 40 billion in revenue. Online gaming is expected to grow by over 11% a year until 2020. This impressive growth is mostly down to new technologies enhancing current gaming experiences and creating niches in the market.

In 2017 alone, the gaming industry generated $108.4 billion in revenue. The good sentiment is also felt on the investment side in an 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.

Among many features, the introduction of blockchain technology in games offers more security to players, can increase number and variety of elements and allows more sophisticated features.

The integration of blockchain into gaming is seen as a positive move within the crypto space. Gamers are known to be early adopters of new technologies and their familiarity with tokens and virtual currencies can help drive adoption of cryptocurrencies wider.

ULTI Coin: Exchange gaming tokens for real currencies

Aiming to reach the core of the popular and expanding gaming industry, blockchain developers decided to create ULTICoin.

The coin started to be designed in 2017 by a team of experts in gaming — and gamers themselves — who understanding the market very well spotted the opportunity of deploying crypto technology to unlock the billions of dollars that are locked inside video games features and different realities.

ULTI Coin is the first-of-its-kind allowing players to get ‘real’ money’ from their games. ULTI Coin is new cryptocurrency that implements and manages in-game virtual currencies. Purpose of ULTICoin is exchanging in-game currencies for ULTI Tokens, which allows gamers to become users of ULTICoin, and exchange ULTI Tokens for at currencies or any other in-game currency.

“Our aim is to partner with as many gaming companies as possible. In any game, you gather tokens which now with ULTI coin can be exchanged for real money,” said Nadja Jovovic, consultant at ULTCoin.

“Our project is built on Ethereum blockchain, which means users get the speed, safety and transparency from Ethereum network,” said Sergej Belavin, senior consultant at ULTI Coin

ULTI will soon be listed on different crypto exchanges around the world which will allow gamers to trade their gaming coins to other cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and eventually fiat values.

The team behind the idea and development of ULTI Coin have long experience in the gaming industry, offering expert insight and understanding of what it takes to make ULTI successful in the market. Sinisa Milic, CEO and Petar Bozic, Co-Founder, have combined knowlegde of engineerging business and share a passion for exploring the possibilities of decentralised technologies.

Stefania Barbaglio, Cassiopeia Director and Blockchain PR Strategist and Advisor to ULTICoin, commented: “There are 25,000 e-gaming platforms worldwide, which generate USD$20 to 40 billion in revenue, a figure set to continue growing . ULTICoin is the first ‘real money’ token in gaming, a new cryptocurrency that manages in-game virtual currencies, enabling gamers to unlock the billions of dollars inside video game features.”

Golden Saint Technologies launches new partnership at leading ICT Conference in Southeast Asia

Golden Saint Technologies (GST), the London-listed integrated information and communication technology infrastructure solutions provider, has announced partnership with P2 Mobile Technologies to provide Wireless Mesh, a fast and advanced set of ICT tools addressing the growing needs of the Smart City market.

Smart Cities are designed to address and reduce structural inefficiencies, as well as to prepare urban areas for future growth and the coming generations. The aim of hyperconnected, smart cities is to deploy technologies to make optimal use of resources, increase social inclusion and create a better environment.The engineering behind the structure of smart cities combines multiple digital tools such as location sensing, cloud computing and mobile connectivity.

The global ICT market has grown consistently over the last decade. By next year, forecasts show that the global ICT market, including TV and video services, will be worth a total of more than 4.4 trillion euros.The Asia-Pacific region, where the GST hub is located, tops the tables on smart city strategies, making up 42 percent of global investments in smart city technology initiatives.

Research by McKinsey estimates that smart-mobility applications could create up to $70 billion in value, while forecasts suggest that by 2023 the smart cities market will be a US$7.6 billion Telco opportunity for mobile service providers (MSP) and network vendors.

The company announced the new product at the 2018 BICSI Southeast Asia conference in Singapore, with focus on ‘Smart Innovations: Infrastructure to Empower Future Technologies’.

BICSI influences the vision of advancing the global information and communications technology (ICT) industry by connecting ICT professionals with the solutions that inspire revolutionary ICT advancements.

The conference gathered prominent firms within the ICT space and provided a valuable avenue for networking and partnership opportunities: “Through BICSI and other associations, we have good contacts with local ICT installers and system integrators throughout the region,” commented Garies Chong, CEO of GST and BICSI Southeast Asia District Chair.

“This means it is straightforward for GST to reach out to active local partners in the Southeast Asia territories, and to quickly identify and execute on local Wireless Mesh sales opportunities.”

GST is strategically positioned in the ICT (Information and Communication Technology) market and designed to take its place in this sphere. Although the company operates worldwide, its hub is in Asia, where the ICT industry is brewing and expanding at a fast pace, fuelling multiple opportunities for GST.