Posttle Immutableledger

How to sort and prioritise all the information with block chain and distributed ledger technology? Try organising the ideas into three buckets: trading, financing, and others. Let’s start with trading. The trading of cryptocurrency shares similarity with trading fiat currency. For instance, when The Economist’s Big Mac Index suggests the British Pound is undervalued by … Continue reading "How to think about the opportunities with block chain and distributed ledger technology?"

What is MakersPlace? It is an online marketplace targeting artists, photographers, and musicians, helping them sell digital goods such as images or songs through customizable storefronts. It is a Web-based service on both desktop and mobile. They offer tools to help artists digitally sign and upload work onto the blockchain, creating verifiable proof that they … Continue reading "Online marketplace for digital artists, and MakersPlace"

Crypto startups keep emphasizing that transactions written to a block chain cannot be changed by any single central authority. They make it seem like a remarkable attribute native only to apps built on a block chain. Ok, fine, it is immutable, then what? Consider an exercise. Try selling your neighbour’s home. That’s right. The next … Continue reading "Why do people think block chain would revolutionize real estate?"

What is the problem being solved? A medium of exchange? Possibly. There are cases on both sides. The Japanese and the German prefer cash. In China, the WeChat app is so popular that even street vendors have QR codes for buyers to scan and pay through the app. Sweden has also embraced digital payment. In … Continue reading "What is the purpose of block chain and cryptocurrency?"

People are still finding use cases for block chain. A company named TBCASoft is positioning itself with telecom carriers. SoftBank announced that it would allocate some resources to work with the company. They plan to explore distributed ledger technology for a cross-carrier payment system and a cross-carrier identification system.

Argentina’s inflation rate reached 47 percent in 2018. As an alternative, cryptocurrency is being used for cross-border payments and remittances. In fact, Paraguay bought pesticides and fuming products from Argentina worth $7100, and settled the payment in Bitcoin. They hired a company named Bitex to facilitate and complete the transaction.

Is it better to invest in real estate through a Real Estate Investment Trust that records transactions on a block chain? A real estate company is fundraising. There are 955 shares for sale, and the minimum investment is USD $21,000 per share. It claims this private equity in commercial real estate is more liquid because … Continue reading "Tokenized Real Estate Investment Trust, minimum investment, and Harbor"