Category Archives: ICO

New token sales continue as the crypto industry marches on

Even though the major cryptocurrencies have seen some consolidation in the first few months of 2018, entrepreneurs and finance industry veterans are still launching new ventures funded by the release of their own cryptocurrencies. These visionaries are looking to take on the establishment and push blockchain technology into our everyday lives.
Here are some companies Investing.com Studios wrote about recently:
Kora are on a mission to provide a transaction platform for remaining ‘unbanked’ populations of the world, reversing the fact that many people across the world currently cannot benefit from the flexibility or purchasing power that comes with credit and other modern financial services. Their token sale is currently live.
Reference: http://n.fusionmedialtd.com/display.php?M=2348657&C=r0mmjjlklcvamahtz44tcezlshadn7&S=25075&L=175&N=9786

ConsenSys Pitches ‘Consumer Token’ Label

The Brooklyn Project – the token regulation initiative headed by ethereum startup ConsenSys – wants to dispense with the concept of “utility tokens” in favor of what it calls “consumer tokens.” The Project discussed its intention to shift the discourse at the Fluidity Summit on Thursday during a presentation by ConsenSys’ policy lead Pat Berarducci and OpenLaw’s Aaron Wright. Continue reading ConsenSys Pitches ‘Consumer Token’ Label

Bank Of Canada Says Blockchain Effective For Securities Settlements, Questions ‘Benefits’

Canada’s central bank, Toronto Stock Exchange operator TMX Group, and non-profit organization Payments Canada, completed tests showing blockchain can be used for instantaneous securities settlements, Reuters reports today, May 11. Continue reading Bank Of Canada Says Blockchain Effective For Securities Settlements, Questions ‘Benefits’

BMW Blockchain Trial Uses Cryptocurrency Tokens to Improve Mileage Tracking

DOVU, a London, U.K.-based provider of a blockchain-based data marketplace for the transportation industry, recently completed a test with BMW to use ERC-20 tokens and blockchain technology track vehicle mileage, according to a DOVU article posted on Medium. BMW invited DOVU to participate in its innovation lab, which seeks new and disruptive ideas. The 10-week pilot began Jan.15 at the London BMW headquarters. Continue reading BMW Blockchain Trial Uses Cryptocurrency Tokens to Improve Mileage Tracking