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According to the World Bank, the officially recorded remittances to developing countries during 2016 is $429 billion. This may come as a surprise to those who are unfamiliar with the multi-billion dollar market of remittance industry. Technically speaking, remittance is a peer-to-peer transaction among migrant workers to their families in the home country. These global […]
The buzz created by ICOs for past 2 years have caught the attention of almost every entrepreneur. Especially since in 2017 when it outperformed venture capital funding and became the number one method of funding blockchain organizations. The rapid growth in this particular sector has attracted a few fraudsters to come up with fake campaigns […]
There have been 852 ICOs in the first quarter of 2018 which has raised over $5B in funding. Due to this growth in the interest for ICOs, this sector has become crowded, making it harder for new ICO companies to catch the attraction of the investors and to build an active investor community. Projects which raise […]
The ICO market is growing rapidly and it’s a new avenue for startups to raise funds needed to launch their projects. Defining and communicating each facet of a token sale is very important for the successful funding as it mitigates risks and illustrates trust and transparency between founders and investors. One of the key aspects […]
Blockchain and ICOs have been going through an amazing phase over the last couple of years. Today, ICOs are one of the most sought-after ways for Blockchain startups to raise capital for their businesses. Until the first quarter of 2018, the total funds raised through ICOs sums to $6.3 billion, which is 118 percent of total […]
The worldwide e-commerce retail sales surpassed $2.2 trillion in 2017 and it is estimated to reach up to $4.5 trillion by 2021. Online businesses contained roughly 10% of the average worldwide retail deals in 2017 and over next 3 years, it will increase by another 5.4%. Amazon and Alibaba are right now the world’s biggest […]
According to UK’s annual fraud indicator in 2017, it was found that the annual cost of fraud in the UK is £190 billion, equal to around £10,000 per family. A significant portion of this is accounted for frauds happening at different stages of a procurement process in different organizations. Procurement fraud is a malpractice where someone dishonestly gaining an […]
Since it’s inception, Blockchain technology has made a big impact in the finance sector by the introduction of blockchain based cryptocurrencies. This decentralized and trustless system offers many benefits such as cutting out the middleman, reducing transaction fees for overseas payment etc. Over past couple of years, Blockchain has made its penetration into a lot of […]
The global CCTV market is expected to reach $23.5 billion per year by the end of 2014. We are heading to a future where almost ‘everywhere’ is under constant surveillance of a digital eye. The data that we get from all there cameras, CCTVs are beyond the limit of human analysis. It is, in fact, […]
On April 25, 2018, OKEX, the third largest Hong Kong-based cryptocurrency exchange in the world was forced to suspend all ERC20 tokens after the developers discovered a bug called BatchOverFlow that made the tokens vulnerable. Malicious parties could generate a large number of tokens and deposit that into a regular address. This would make many […]
Initial Coin Offerings (ICOs) has been the shining light for many fledgling companies out there, trying to get a foothold in the darkness that looms in a fiercely competitive space. If you are a fledgling company, you must have experienced such difficulties. ICOs could help you raise funds quickly, without the hassles of regulations and […]
Initial coin offerings or ICOs have opened a whole new dimension to how startups garner consumer interest and raise funds for realizing their projects. In most countries, ICOs are largely unregulated, allowing for greater flexibility for Blockchain-based companies to pitch their products or solutions to prospective investors. However, lack of regulations and growing skepticism among […]
