Blockchain for Journalism: How a Big Funding Idea is Starting Small
Journalism funding is in crisis. As the industry shifts to digital and its meagre click-based ad revenues, something in the model needs to change if quality news sources are to survive. Alternatives are emerging, however. New attention, for example, is being paid to alternatives to traditional ad models. Major publishers including Time and The New York Times are increasingly keen on accessing the feasibility of micropayments models. Amidst the rising demand for blockchain projects, the two ideas are now becoming more intertwined. CoinDesk recently inked a partnership with bitcoin-powered....
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Starting a company in the Bitcoin world is not that hard these days. All one needs is a good idea, and a proof-of-concept to show this idea is valuable to begin with. But the biggest challenge for most startups is to raise enough funding, as day-to-day operations can be quite costly. Rather than looking for VC funding, there are other alternatives well worth exploring by Bitcoin entrepreneurs. Raising The Funding For Your Bitcoin Company. When it comes to securing funding for a Bitcoin startup, venture capitalists are the preferred target. Presenting one’s case at any of the Bitcoin....
In a bid to tap into the blockchain technology, the Department of Homeland Security’s Science and Technology Directorate (S&T) has awarded small businesses with the task of supporting identity verification. Four small businesses have each been awarded $100,000 in preliminary funding through the DHS S&T Small Business Innovation Research (SBIR) program. In a statement, the DHS revealed that the four companies involved are Digital Bazaar, Inc., Respect Network Corporation, Narf Industries, LLC, and Celerity Government Solutions, LLC. As well as the initial $100,000 funding, each of....
Decentralization may seem out of reach for many, but here are some realistic ways to reject the idea of centralization in our daily lives. Bitcoin (BTC) and other cryptocurrencies, such as Ether (ETH), all share a common goal: to decentralize the way people bank and to open up the under-financed and under-banked world to their own financial independence.Decentralization and accessibility are some of the key motivators in the crypto sphere. Crypto and blockchain were not made for a specific group of people, but for an inclusive group of people. Owning crypto is simply a caveat, an advantage....
Funding Circle, a UK-based Fintech unicorn startup has received £40m from government-owned British Business Bank to directly fund small businesses through its platform, which matches investors with businesses looking to borrow. With an aim to spur and support economic growth, the BBB acts as a financier to small and medium sized businesses. Altogether, the UK government has now invested £100 million on Funding Circle’s platform. The latest investment follows an initial £40 million by the bank in Funding Circle in 2014. Preceding that, the UK government began its investment in Funding....
Libel laws and new faces at the U.S. securities regulator lead the week's news. Editor's noAmid a political news cycle that has been stuck in a nauseating loop, covering crypto is often refreshing. Partisan forces have yet to dig out the trenches. A lot of the current task is just getting working definitions in play. Meanwhile, the technology advances at a mind-boggling rate, and there are still enough outrageous scams, absurd tomfoolery and indeed general skulduggery to keep everything from getting dull.Speaking of skulduggery, I will begin this week with a comment on a challenge to....