Constellation Industry News Update 12/17

Dear Constellation Community,

Hope everyone’s week is off to a great start. Due to the upcoming holidays, this will be the last industry news update of 2018. Updates will resume on January 7, 2109. Enjoy this edition of Constellation’s Industry News Update, rounding up stories surrounding the blockchain, DLT and crypto spaces from around the web.

Tech News

Blockstream Boosts Bitcoin Satellite Service With Lightning Payments — Bitcoin users’ ability to send transactions through outer space has just been given a boost. Blockchain technology firm Blockstream announced Monday that it has expanded its satellite service to the Asia-Pacific region.

Switzerland to Regulate Blockchain Within Existing Financial Laws — The country’s Federal Council issued a report on Friday, providing a legal framework for distributed ledger technology (DLT), stating that Switzerland’s existing rules are well suited to dealing with such new technologies, but there is still a need for some amendments.

Linkedin: Blockchain Developer is 2018 Most Growing Job Sector (33X) — Research conducted by LinkedIn revealed that the Blockchain Development sector has experienced the fastest growth of all the emerging industries recorded by the portal.

Iran: Science and Tech Department Official Says Blockchain Can Improve National Economy — Alireza Daliri, deputy for management development and resources at the vice presidency for science and technology, is quoted as saying that blockchain is one of the new technologies on which Iran should coordinate with international partners, noting that “over 140 countries” are today benefiting from the invention.

Crypto News

Binance Incubator Program to Foster Innovation For Blockchain and Crypto — The first batch of initiatives for the Binance incubation program will focus on solving the most critical issues currently facing the industry.

Ethereum (ETH) Network Hits Key Milestone Amid Crypto Bear Market — The number of unique Ethereum addresses (not wallets) has recently surpassed a key, round number milestone at 50 million — a monumental accomplishment for any network.

Germany’s Second Largest Stock Exchange To Develop Crypto Trading Platform — Börse Stuttgart Group (BSG), the second largest stock exchange in Germany, has set up a strategic partnership with solarisBank to develop a zero-fee crypto trading platform.

The Cryptocurrency Market Grows as New Applications Arise — According to data compiled by Transparency Market Research, the global cryptocurrency market was valued at USD 574.3 Million in 2017 and is projected to grow to USD 6.70 Billion by 2025.

Investor News

Ex-Goldman Trader Co-launches Platform for “Sophisticated Investors” — Tagomi Holdings Inc, an electronic brokerage offering prime services for cryptocurrency investors, has announced that it is live and executing client trades, and that it has received the backing of several notable investors.

World’s First Blockchain-based Investment Bank — The expertise-rich synergy of the successful industry players aims at establishing a blockchain-based investment bank with a dedicated division for handling crypto, the blockchain, and other digital banking-related operations.

Ponder: Exciting for Investors, Fun for Users — On the blockchain-based Ponder platform, you can help friends find a job, business partner, investor or even love, getting some financial rewards for the good deeds in return.

Use Cases

The Auto Industry Believes Blockchain Will Disrupt It Within 3 Years — 62% of the auto industry expects blockchain technology to become a “disruptive force” within it by 2021. Even more so, 95% of car making companies want to make “moderate to significant” investments in the technology over the next couple of years, according to a report by the IBM Institute for Business Value.

Blockchain use case: Healthcare supply chain — Tamper-proof distributed ledger tech helps with efficiency, security, integrity and visibility of pharmacy and other supply chain data.

Merging Internet Of Things And Blockchain In Preparation For The Future — The ‘Big Four’ technologies of the future are beginning to force themselves to the fore as companies start to dabble in the likes of Artificial Intelligence (AI), Blockchain and Internet of Things (IoT), as well as Big Data.

That’s it for this week. If you have a minute, please take a quick moment to fill out the questionnaire below. Your answers will allow us to better tailor our weekly content output to include more of what you want to see!


The Constellation Team

Become a Constellation Member

Participate in our Community

Check out our Technology

Stay Educated



Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store