https://www.pwchk.com/en/press-room/press-releases/pr-090518.html Summary follows: 2018 Market Survey Report for (Non-financial) Application of Blockchain in China The respondents are mainly VeChain's and PwC’s clients. Respondents were from nearly 20 industries. The quantitative research data came from people who had a considerable level of knowledge and research on Blockchain technology: Only 48.4% of respondents who have a “basic... Continue Reading →
PwC Purchases Stake In Blockchain-Service Provider VeChain, Will Integrate Platform
PricewaterhouseCoopers (PwC), a multinational audit and consultancy firm, has acquired a minority stake in Chinese startup VeChain, according to a press release May 4. VeChain Global Technology Holding Limited is a blockchain service provider specializing in anti-counterfeiting, supply chain management, and the Internet of Things (IoT). With this move, PwC reportedly intends to integrate VeChain’s... Continue Reading →
Why VeChains VEN is not $10+
VeChain posted their quarterly executive Summary We can summarise that there are three key points as to why VEN prices are low. Companies are not buying VEN on the open market. Rather they are buying it from the Enterprise Investor Pool. 33 million VEN were sold from the private supply. Because of this closed market... Continue Reading →
Crypto is not a bubble and we are just getting started!
Mainstream financial media's attempt to compare the January 2018 cryptocurrency correction to the 1999/2000 dot-com burst shows their naivety when it comes to Bitcoin and the entire crypto market. Cryptocurrency has only just begun to enter mainstream awareness never mind adoption. By the year 2000 when the dot-com burst was in full effect, over 43%... Continue Reading →
The Coca Cola Kid strikes again. VeChain and the Chinese government partner up
It's only the worlds second largest economy. Nothing special guys. https://twitter.com/CocaColaKid_OG/status/959738070257012736
ICO – Initial Coin Offerings and why you should invest in them
Definition An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in... Continue Reading →
The Crypto Guy 