This week in blockchain (Aug 17)
Dear partners,
Thailand’s SEC names 7 authorized companies for crypto trading. Consensys rounds-up 40 live Ethereum decentralized applications you can use today. The UEFA sells football tickets on blockchain.
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Price movement this week
- Bitcoin -1% at $6,438
- Ethereum -18% at $298
- Global capitalization -8% at $210 billions
News this week

40 Ethereum Apps You Can Use Right Now Need work? Buying art? Licensing music? Rolling dice? There’s a dApp for that. Consensys rounds-up the status of decentralized applications: browsers, markets, social networks, games and exchanges. Live applications on the Ethereum network seeing thousands of users everyday.

Bitcoin dropped to an eight-week low on Tuesday, while Ethereum sank to a more than one-year trough. “Looking ahead, I don’t think we’re at the end of the cycle just yet.” said Clement Thibault, senior analyst at Investing.com. The total market capitalization for cryptocurrencies tumbled to $191.4 billion, the lowest since early November last year, coinmarketcap.com data showed, Reuters reports.

The Union of European Football Association starts using a new secure ticket distribution, which prevents the replication and duplication of tickets. For this week’s match between Real Madrid and Atlético de Madrid in Tallinn, 100% of the match tickets were sold to through the deployment of a blockchain-based mobile app.

Bitmain, the cryptocurrency mining company, is filing for an initial public offering (IPO) potentially as high as $18 billion this September at a market capitalization of $40 to $50 billion. In July Tencent, Softbank, and China International Capital Corporation participated in a $1 billion pre-IPO financing round at a $15 billion valuation. Bitmain is forecasting $2 billion in profit for 2018, Coindesk reports.

Thailand’s Securities and Exchange Commission has named the seven businesses seeking digital asset licenses. The exchanges are bx.in.th, bitkub.com, cash2coins.com, tdax.com and coinasset.co.th. Also, coins.co.th and thaiwm.com as dealers. Only they are allowed to operate for now, Bangkok Post reports.

The World Bank has mandated the Commonwealth Bank of Australia to issue bonds using blockchain. The WB issues between $50 billion and $60 billion a year in bonds to back development in emerging economies. “This pioneering bond is a milestone in our efforts to learn how we can advise our client countries on the opportunities and risk that disruptive technologies offer,” said World Bank CIO Denis Robitaille.

