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Advancements in tech and the use cases of cutting-edge technologies all entrepreneurs should know about.
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 $23.5 billion per year by the end of 2014. We are heading to a future where almost ‘everywhere’ is under constant surveillance of a digital eye. The data that we get from all there cameras, CCTVs are beyond the limit of human analysis. It is, in fact, […]
On April 25, 2018, OKEX, the third largest Hong Kong-based cryptocurrency exchange in the world was forced to suspend all ERC20 tokens after the developers discovered a bug called BatchOverFlow that made the tokens vulnerable. Malicious parties could generate a large number of tokens and deposit that into a regular address. This would make many […]
Initial Coin Offerings (ICOs) has been the shining light for many fledgling companies out there, trying to get a foothold in the darkness that looms in a fiercely competitive space. If you are a fledgling company, you must have experienced such difficulties. ICOs could help you raise funds quickly, without the hassles of regulations and […]
Initial coin offerings or ICOs have opened a whole new dimension to how startups garner consumer interest and raise funds for realizing their projects. In most countries, ICOs are largely unregulated, allowing for greater flexibility for Blockchain-based companies to pitch their products or solutions to prospective investors. However, lack of regulations and growing skepticism among […]
You already know how an ICO works. For those who don’t, here’s a quick overview of how it works – An ICO founder comes up with an interesting project and they tokenize completely or a part of the project and make the tokens available for purchase to the public. Investors who are attracted by the benefits […]
Initial coin offerings or ICOs have grabbed the attention of a vast populace last year, with a staggering 752 ICOs raking in over US$ 5 billion. Interestingly, a majority of the ICOs funded projects are based on Blockchain technology and promises to make a big impact on the respective domains due to its decentralized […]
So, you’re thinking about starting your own ICO? Well, let’s go one step at a time. You should have written up a white paper describing your goals, what you aim to achieve, how the project got to where it is now and what the investors can expect from it. You could go through the […]
A democracy is about transparency and fairness and any elections conducted within such a paradigm should reflect those principles. If we are to automate the election process, we need a technology that can allow for such transparency and at the same time, be able to guarantee the integrity of the transaction. That technology is Blockchain. […]
Among humans’ most basic necessities of food, clothing, and shelter, none is more critical and none has been as exploited as food. The food sector has grown exponentially over the last couple of decades. In the 1980s, a typical grocery store would house 15000 food products. Now, it’s over 50000 products. The rapid growth of […]