The city of Austin, Texas is getting ready to implement a pilot blockchain platform that will enable it to better manage the homeless population. The blockchain platform has been specifically designed to help homeless people in the city with regard to effective identity management. The platform is part of a competitive grant created by a collaboration between the city and Bloomberg Philanthropies. Austin is one of 35 cities that has received grants for blockchain pilot programs and the top city stands the chance of winning an additional $5 million.
The Silicon Valley legend Naval Ravikant is an Indian-born, self-made multi-millionaire, entrepreneur, investor, adviser, influencer, and a passionate cryptocurrency enthusiast. He’s widely known as the CEO and co-founder of AngelList, a U.S based platform where startups meet angel investors and job-seekers find work at startups.
During his lifetime (he’s 44 at the time of writing this article) he has invested in more than 100 companies including Uber, FourSquare, Twitter, SnapLogic, Yammer, and many others. Although he has attained massive success and reputation as an angel investor, this article won’t bore you to death with all of his financial achievements, but instead it’ll focus on Naval’s extraordinary mind, his contribution to the start-up community and, of course, his importance in the crypto industry.
One of the oldest cryptocurrency exchanges, and also one of the most highly respected, is the Bitstamp exchange. Begun in Slovenia, the exchange has undergone several transformations, and has grown to have one of the largest European user bases, and is a popular choice for cryptocurrency traders across the world, thanks to its global office locations.
Sowa Labs, a subsidiary of Börse Stuttgart, the second-largest stock exchange in Germany has developed its own cryptocurrency trading app called Bison. This was made known via a press release on Friday, April 13, 2018. Börse Stuttgart acquired a 100 percent stake in the Ulm-based Sowa Labs in December 2018. Exact details of the deal remain unknown but there are reports that put the acquisition in millions of euros. Sowa Labs now functions as the fintech arm of Börse Stuttgart.
For almost ten years, Bitcoin has survived many tragedies and withstood a wide range of negative factors that would have otherwise made it extinct. Since its subtle entrance in 2009, it has been besieged with bad reviews, derogatory remarks, and death sentences. But despite all of the negativity that Bitcoin has had to deal with, nine years later, it has grown to be the most valuable cryptocurrency in the world.
Dustin Walper, the founder of Akira, the popular telehealth startup is set to make the move to the cryptocurrency scene. Having left Akira less than a year ago, Dustin Walper has launched Newton, his first foray into the cryptocurrency market. He becomes the latest in a growing list of seasoned entrepreneurs who are attempting to break into the cryptocurrency market. Akira was acquired by Right Health, a virtual healthcare service startup in 2017.
Bittrex is a cryptocurrency exchange based in Seattle Washington in the U.S.A. It was one of the top 3 exchanges in the world for Bitcoin and other cryptocurrencies, but has seen some problems towards the end of 2017 that eroded investor confidence in the platform and as of April 2018 it ranks as the #8 exchange in Bitcoin trading volume and #6 in overall trading volume with close to $300 million in daily volume.
The company said on April 11, 2018, that those who can find additional uses for the platform would find welcome aid in the form of a fund set up to facilitate startup blockchain businesses. The company owns around 60 billion of the total 100 billion Ripple tokens ever issued and it is plowing $25 million back into viable entry-stage ideas from budding entrepreneurs.
Most new investors that have made their first bitcoin purchase usually struggle to find a wallet that is right for them. While there are hundreds of Bitcoin wallets available to be downloaded on the internet, not all of them are continuously updated or even developed with strict security standards in mind.
Blockchain technology continues to attract a lot of attention from diverse groups ranging from government to corporate organizations, and even entrepreneurs. While cryptocurrency might have an altogether bad reputation in mainstream circles, blockchain technology is looked upon with keen interest as it has the potential to transform many aspects of human life. To this end, a lot of time and money has been invested in research activities targeted at discovering innovative blockchain solutions for some of the biggest issues affecting the world today.