The Intrepid Report Issue #74
Here’s what’s in store for you this week: Crypto companies rejected by banks, and Ethereum trumps Bitcoin in development activity. We’ve got thoughts from the Blockchain Review on Cryptoeconomics for beginners, as well as insights on use-cases of blockchain in the industry. Check it out below!
Why Crypto Companies Still Can’t Open Checking Accounts
Entrepreneurs in the digital-assets industry from New York to Hong Kong say that even as some attract investment from multibillion-dollar institutions like Singapore’s sovereign wealth fund, they are routinely refused basic banking services by the likes of HSBC Holdings Plc and JPMorgan Chase & Co. What’s going on here?
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Ethereum Trumps Bitcoin in Active Protocol Development
Bitcoin might dominate the cryptocurrency market cap, but “digital gold” takes the silver podium when it comes to protocol development, according to new research findings. Read on for more on this comparison, and how other protocols measure up.
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South Korea Launches Task Force to fight 800% Increase in Cryptocurrency Crimes
In 2016, there were just 53 reported cases of such crimes, but in 2017 this figure rose to 453, and it exploded to 4,591 cases in 2018. Professional investigators and prosecuting bodies from around the country came together in early March to launch the task force. Here are the crimes the task force will be on the look out for and how they will handle the criminals.
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What is Cryptoeconomics? An Introduction for Beginners
Understanding the mechanics or technical attributes of a blockchain can be challenging — especially if you don’t come from a technical background. Out of all the elements you’ll need to grasp, mastering what is known as the cryptoeconomics or tokeneconomics of a network is perhaps most critical. Here’s what it is all about!
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Why Your Business Should Prioritize Blockchain When Investing in Digital Initiatives
Considering blockchain technology is essential to any company investing in a new digital platform or retooling one. Letting someone else figure out how to incorporate blockchain puts you at risk for falling behind. Here’s a post with insights on blockchain in digital transformation and actionable steps to begin experimenting with the technology.
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Blockchains versus Traditional Databases
Blockchain has been accused by detractors as nothing more than a more complicated and expensive database. To understand the difference between a blockchain and a traditional database, it is worth considering how each of these is designed and maintained.
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Want to learn more about blockchain? Check out our micro-site How Does the Blockchain Work, a clear and non-technical guide on how blockchain, Bitcoin, and Ethereum works, and more. Check it out.
