Federal Gov’t Bitcoin Advisor: Blockchain Startups are Confusing
Recently, institutional trading and clearing platform, LedgerX, co-founder and CEO Paul Chou, stated that most of the proposals and projects led by blockchain startups to implement distributed ledger technology in the traditional financial sector are extremely misguided. The former code-writer for Goldman Sachs said in an interview with the New York Business Journal: Blockchain Expanding. Since early 2015, the Bitcoin space has seen an explosive growth of blockchain startups or distributed ledger technology providers which facilitate enterprise-level infrastructure for financial....
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With the rapid growth of Blockchain startups, new and exciting projects are constantly emerging, further growing the space. With so many projects launching, however, some will inevitably and unfortunately slip through the cracks. TDeFi is an incubator and advisor for Blockchain startups that provides access to world-class mentors, ecosystem support, marketing and community building strategies, […]
The decentralization effects of blockchain-based cryptocurrencies are hitting the venture capital industry in more ways than one. Whereas the traditional venture capital industry is boring, the crypto-tech industry has become more exciting. Actually, I see the two models as diametrically opposed: one is a closed market, dominated by command-and-control practices, led by a few rich people on Sand Hill Road. The other is a widely open global market where anyone can play, and where the gains and risks are more evenly distributed. This has led to a re-thinking of how startups who are operating....
The Andhra Pradesh (AP) Government, a branch of the federal government of India which rules the state of Andhra Pradesh, is collaborating with leading technology and Blockchain startups in Singapore and the University of California to establish a Blockchain technology institute. JA Chowdary, IT advisor at the AP government, stated in an interview that local government officials have completed several preliminary discussions with the University of California (UC). IT advisors and researchers at the AP government will design the Blockchain Institute of Technology based on the agreements....
Switzerland’s government is considering new regulations in light of fintech advancements such as blockchain, with the aim of creating a more welcoming atmosphere for startups working in the space. The Swiss Federal Council – a seven-member group that serves as the country’s collective head of government – said today that it is seeking consultations on regulatory changes for the domestic financial industry to account for fintech. Specifically, the government is proposing that firms that accept less than 1m Swiss francs in deposits (just over $1m USD) be classified differently than other....