Malaysia: Nine Arrested Over Bitcoin Miner Theft

A criminal gang have been arrested in connection with the theft of cryptocurrency mining equipment in Malaysia. The group of nine are thought to have stolen at least 58 machines.

Criminals Tried to Sell Equipment via Social Media

The theft occurred in the town of Seri Kembangan, formerly Serdang New Village. Arrests were made at around 10pm local time on February 23. The OCPD Assistant Commissioner Megat Mohammad Aminudin Megat Alias told domestic news source The Star of the group’s attempts to sell the equipment online:

“We were acting on information obtained when the suspects attempted to sell the equipment via a website and Facebook… We managed to recover 58 machines worth more than RM500,000 (US$127,000).”

Those arrested are also suspected of involvement in other similar cases. These include the theft of an additional Bitcoin mining rig in Seri Kembangan on February 16. The Assistant Commissioner addressed the other recent incidents:

“We received four other similar reports in three areas in Serdang. We managed to solve two cases with the arrests of the suspects. As for the remaining cases, we have credible leads and the investigations are still ongoing.”

Meanwhile, despite rumours to the contrary and such criminal incidences, Malaysia seems to be taking a liberal view towards the cryptocurrency space in general. Rather than ban digital currency outright as many feared, regulators will instead attempt to “strike a balance between public interest and integrity of the financial system,” Datuk Seri Johari Abdul Ghani, the nation’s Deputy Finance Minister, stated in early January. He continued:

“…there is a need to have proper regulation and supervision to ensure any risk associated with such schemes are effectively contained.”

Such regulations are yet to be penned but the government minister stressed the need to avoid stifling innovation. Ghani believes that too rash a legislative move would damage the country’s emerging FinTech industry. Reiterating his commitment to not banning digital currencies outright, he stated:

“It is not the intention of the authorities to ban or put a stop on any innovation that is perceived to be beneficial to the public.”

The nation’s central bank, Banka Negara is expected to fully outline their stance on cryptocurrencies in the near future. However, Governor Muhammad Ibrahim recently said regulations would provide greater transparency. Then it would be up to the people to decide whether they want to invest in the space:

“Basically, we will let the cryptocurrency promoters including bitcoin, Ethereum and Ripple to be more transparent, the methods to be more transparent and people behind the scene are to be more transparent too… By doing so, the public can decide on its own if they want to invest in cryptocurrencies.’’

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Currently, there is a growing number of passenger traffic in airports across the globe while governments and other stakeholders move to enhance airport infrastructure in an effort to improve overall customer experience. As a result, the travel and napping industry has mostly been driven by the need to grow the throughput of passengers in transit from one airport to the other with airports offering solutions towards the establishment of smart airport concepts. However, these developments are yet to be accomplished and passengers are still spending countless hours in transit with some experiencing delays resulting in long unbearable check-in times. To enable a soft landing for passengers, and a long-term solution to airports, AirPod is providing passengers in transit a private and comfortable alternative to waiting on busy and bustling terminals.


What is AirPod?

For anyone who has been in transit before, it is no secret that waiting for a flight can be drab simply due to the lack of privacy and comfort. In fact, most airports commonly lack hotels where passengers can catch some sleep before the next flight. This is where AirPods come in.

Basically, AirPod is a private sleeping pod designed as a ‘capsule style’ unit purposefully built to offer passengers an area for sleep, relaxation or work. They can be installed in public areas in the airport to offer cutting-edge solutions to the public. Ergonomically designed to be fit for a comfortable user experience, the AirPod will first be introduced in major airport hubs across the globe as in introduction.

Here are some of the features you should expect from the AirPod.


AirPod’s Features

AirPod delivers a unique set of advantages including comfort and convenience. The AirPod will enable efficient use of space in airports thanks to its small and mobile design that allows it to be placed almost anywhere. Furthermore, it will serve as a unit set to increase value addition to the overall global travel experience. And with free access to Wi-Fi, Amazon Fire TV not to mention easy to use controls, and online booking, there is no doubt that the AirPod will be a valuable addition to most airports.



According to research conducted by, more than 50 percent of passengers would pay for a sleeping pod at the airport. This alone shows the demand for what Airpod’s solution offers. Furthermore, AirPod is seeking an ICO set to launch in March, 2018 with an aim of raising  $20 million to fund its developments.

It’s common knowledge in the cryptocurrency community that storing Bitcoin on a mobile device is a bad idea. Sophisticated hackers have come up with increasingly elaborate methods to compromise the security of mobile phones and once inside, it’s no challenge for them to export private keys and drain wallets. The brains behind SikurPhone believe they’ve created a device secure enough to make these concerns a thing of the past, however.

SikurPhone: Secure Enough for the Crypto Generation?

The device that launched earlier today has been built with security in mind. Known as the SikurPhone, it features a built-in digital currency wallet and various features to heighten its security in an age of increasing hacker sophistication.

The phone itself is based on a custom version of Android version 7.0. In terms of the device’s specification, it’s unlikely to impress those who are used to the highest end mobile phones around though. It features a 5.5-inch Full HD screen, a MediaTek MT6750 processor, 4GB of Ram, 64GB of storage, a 2,800mAh battery, and a 13-megapixel camera. Hardly groundbreaking stuff.

However, the SikurPhone isn’t designed for the average user. Despite being an Android device, it lacks access to the Play Store and will not run applications that have not been pre-approved by Sikur. It has a stripped-back, professional look to it that should appeal to the target market of business and government users stated on the company website.

The Chief Operating Officer of Sikur, Alexandre Vascncelos, spoke to a reporter from Mashable at Barcelona’s Mobile World Congress about the enhanced security features of the device:

“If you lose your phone, we can remotely wipe it for you. You can get a new one, log in, and your funds will be safe, as your private keys are stored in our cloud.”

Alarm bells should be sounding in the heads of our savvier readers about now. Did he say “stored in our cloud”? Surely that presents the same security risks as leaving cryptocurrency at any exchange and therefore at the mercy of hackers.

Vasconcelos feels otherwise, however. Sikur have recently hired a team of friendly hackers to try and compromise their security. HackerOne, as the company are known, “were unable to penetrate [Sikur’s] defenses.”

The SikurPhone isn’t the only mobile device targeting the cryptocurrency and other security conscious markets. Last year, Sirin Labs launched the Finney smartphone. It represents the first in the company’s line of blockchain-based consumer devices.

The SikurPhone can be pre-ordered now and is expected to ship in August. It’s priced at $799. The company accept payments via BitPay and PayPal.

22-year old Swede Theodor Forselius co-founded Everipedia, an organization that intends to take on Wikipedia as the internet’s premier encyclopedia. Earlier this month, Everipedia landed a $30 million deal with former Goldman Sachs partner Michael Novogratz’ new crypto-bank Galaxy Digital.

Everipedia aims to overtake Wikipedia as the world’s leading digital encyclopedia. The company was co-founded by Theodor Forselius — a Swedish high school drop out and entrepreneur who moved to the U.S. in 2014. Mahbod Moghadam, a co-founded of, is also one of the co-founders. And Late last year Wikipedia co-founder Larry Sanger joined Everipedia as their new Chief Information Officer.

Before founding Everipedia, the team were active editors on Wikipedia, but thought that the company’s editing system was obsolete and that the criteria for which specific topics merited articles left out certain things, like the ever-changing landscape that produces social media stars.

So while search engines and social networks were constantly evolving, the team felt that Wikipedia was standing still. In response, on January 1st 2015, Everipedia was launched. Now, Everipedia has over 3 million unique visitors a month, several thousand active editors, and currently 6 million articles — a number which is increasing everyday.

“Of course many people questioned that we would be able to compete with Wikipedia since it is one of the largest sites in the world. Now that we have raised a lot of money and have one of Wikipedia’s founders on-board we are being taken more serious,” says Forselius.

According to the Everipedia’s homepage: “Everipedia is the next generation encyclopedia rebuilt for the modern age. With over 6 million articles and counting, it’s already the world’s largest English encyclopedia by content. Everipedia is free from ads and free to use for everyone under creative commons.”


A differentiator between Wikipedia and Everipedia is that the latter is utilizing blockchain technology to run its network, with the goal being to finance Everipedia by means other than donations or banners. Another reason for the move is to make it difficult for nation-states and corporations to censor information, Forselius says.

In addition, he says giving the encyclopedia a crypto-twist will add financial incentives for users. Editing Everipedia costs tokens. If the edit is not an improvement, the token is forfeited; On the other hand, if the edit is deemed to improve the site, the user will be rewarded with more tokens.

“People around the globe will have a chance to tap into the economic value that is created when they use internet services. What we are seeing now is the beginning of something much bigger,” Forselius said. 

According to Forselius, it was this decision to use the blockchain that helped convince Larry Sanger to join the company — this is because, interestingly, Sanger once had the same vision for Wikipedia: “Hopefully, Wikipedia will be improved by the competition. But they are cautious about making large changes and have a vast bureaucracy to navigate. So it will probably take a while,” he says.

News on new partnerships, technology, or services for a specific cryptocurrency usually does wonders for its price action. Yesterday was the launch of Litecoin payments provider LitePay and as expected LTC prices were bullish throughout the day. Today has been the complete opposite as the long awaited service failed to impress, or offer what was expected of it.

An Imprudent Launch

LitePay is essentially a Litecoin version of BitPay which allows merchants and businesses to accept payments in Bitcoin, or in this case Litecoin, much easier. According to reports the launch has been postponed and recipients on the LitePay mailing list have received emails stating that the intended launch of the service is ‘imprudent’;

“Due to recent hostile actions by card issuers towards crypto companies, we have decided that offering LitePay card registrations at this time is imprudent. We will continue to monitor the situation with regards to card services and will open registration as soon as a reliable product can be supported.”

The disappointing message is in reference to the recent prohibition of credit card use for cryptocurrency purchases by a number of major banks. The credit card clampdown news was nothing new however LitePay made the decision to delay this information until the day of the launch.

On the merchant side the launch went as intended and they could sign up for a LitePay Merchant Payment Processing account at the time of launch yesterday. The idea most people had would be that the LitePay Card would work the same way as a Visa or debit card enabling users to spend Litecoin from the card with businesses operating LitePay.

Litecoin Retreats Slightly

Other crypto companies such as TenX have had similar debit cards rendered invalid by the issuers. Visa had already issued a notice in January regarding their clampdown on cards for crypto; “Our actions were not specific to cryptocurrency but rather reflect the issuer’s failure to comply with Visa’s policies that ensure the safety and integrity of our payment system.”

What LitePay has effectively done is create a mini pump and dump for Litecoin which climbed 26% in the days leading up to the launch. Since then it has fallen back from over $233 to $220 where it currently trades, additionally it is the only cryptocurrency in the top 25 in the red at the time of writing.

FUD aside, LTC is still a pretty stable cryptocurrency which is still up 25% from this time last month and has been one of the best performing altcoins in February. Any payment system, with card services or not, can only increase the overall adoption for the digital currency and improve its longer term prospects.


PlayHall has collected over 550 ETH within the first hour after its Token Pre-Sale start on February 26, 2018

On February 26, 2018 PlayHall, a decentralized platform for mobile games, has launched the Token Pre-Sale. During the first hour after the start, the project has received over 550 ETH from backers.

“This is an exciting moment for us. The start gives us enormous optimism and confirms the trust in our project” says Eugen Kaufman, CEO of the project.

PlayHall is an ambitious project that intends to introduce skill-gaming into blockchain field. Jay Severson, an adviser for PlayHall and founder of, attended the d10e conference to support the team last week. In the interview, he shared the purpose of using blockchain in such platforms of the Skill Gaming segment as PlayHall.

Earlier that week, the PlayHall platform advertisement has been shown on Times Square in New York.

PlayHall is a decentralized platform for Skill Gaming mobile games, aimed at players demonstrating their highly intellectual skills and eager to convert their skills into cryptocurrency. The platform will allow gamers not only to test their skills in PvP matches, but also provide them with a chance to participate in global tournaments.

Such platforms give gamers an opportunity to demonstrate their gaming skills and earn cryptocurrency with each victory. PHT tokens allow users to participate in tournaments and make decisions regarding the project management. PHT tokens will be used in PvP matches as a gaming currency as well as all other popular cryptocurrencies accepted on the platform.

The PlayHall Token Pre-Sale will be finished on 12 AM EST (New York Time), March 27, 2018 unless the Pre-Sale hardcap is reached earlier.

As crypto markets evolve, governments are planning to regulate the space, a move that could lead to more stability and higher acceptance for cryptocurrencies.

In 2017, Bitcoin went up. And up, and up…

Then, it came crashing down. And now it’s shooting back up again.

Today, investors are questioning whether cryptocurrencies have a future. These alternative currencies are mined, managed, marketed, bought and sold with little oversight from banks or regulatory agencies.

Once, that was exciting. Now, it’s led to a surge of interest in the regulation of Bitcoin and other cryptocurrencies.

For the crypto market to mature and become a safe, profitable environment for investors, greater regulation of the space will be needed.

One company, Hashchain Technology Inc. (TSX: KASH.V; OTCMKTS: HSSHF) is working on proprietary software that can help users comply with looming regulatory protocols. KASH is already a big name in the crypto mining sector, now it is on course to become a diverse blockchain tech company with exposure to many aspects of the crypto market.

It’s the next step in the evolution of the cryptocurrency world: from the Wild West to something a little more stable.

#1 Need for Regulation

The value of cryptocurrencies shot through the roof in 2017. Bitcoin reached an impressive $19,000, with the value of other big-brand cryptos like Ripple and Ethereum seeing equally impressive returns.

Everyone was talking about bitcoin and the blockchain technology that made the crypto revolution possible.

But bust followed boom, and by the end of the year, prices were falling rapidly.

By mid-February, crypto prices were oscillating wildly.

One of the major reasons for the steep drop in crypto prices was uncertainty: most cryptos were unregulated, initial coin offerings (ICOs) took place in a “wild west” with no oversight from financial regulatory agencies.

Now, with the crypto market coming under closer scrutiny, people are worried about fraud, artificially-inflated prices and insecurity in the crypto market. Currently, investors face a very real threat from hackers and scammers who are taking advantage of the innovation within the crypto space to take investors for a ride.

One example of fraud in the crypto market is the company Bitconnect, which is now the subject of a class-action lawsuit. Investors accuse the company, which created and marketed a crypto-currency to act as an alternative to Bitcoin, of acting as a Ponzi scheme.

Financial regulators, who mostly view cryptocurrencies with skepticism, are calling for greater oversight.

China and South Korea are considering bans on crypto mining, the energy-intensive process of creating new crypto tokens, with both imposing much stricter laws on how coins are created and traded.

South Korea, where Bitcoin has a strong following, is considering licensed cryptocurrency exchanges, where regulators can monitor transactions and watch out for fraud.

The U.S. Treasury’s Office of Terrorism and Financial Intelligence is worried about new cryptos being invented for the purpose of laundering money, citing the new “petro” crypto invented by the government of Venezuela.

Crypto companies aren’t ready to despair quite yet, however. The feds so far haven’t indicated they plan on banning mining or trading of crypto-currencies.

Rather than crush Bitcoin, the U.S. government hopes to regulate it. The IRS wants crypto investors to start reporting their profits, allowing for more accurate taxation of crypto gains.

Prices bounced back on the news. There’s a future in cryptocurrency mining, but the days of the crypto Wild West are over. The next stage of cryptocurrencies has begun.

#2 KASH Steps In

One company is well-positioned to take advantage of the turn towards regulation. Hashchain Technology Inc. (KASH), is a blockchain tech firm that approaches the crypto marketplace in a unique way.

As well as being a significant player in the Dash mining space, KASH plans to mine other cryptos in order to develop a diverse portfolio of assets.

But the company’s future is in regulation.

The company announced the acquisition of Node40, a blockchain firm, for $8 million, giving it access to the Node40 management accounting software which delivers up-to-date information on crypto transactions.

“This is our niche,” CEO Patrick Gray told, “and what differentiates us from everyone else.”

The Node40 software gives KASH insights into how crypto trading changes on a second-to-second basis. The acquisition is an important step in facilitating regulation to the crypto marketplace but from private initiative rather than pressure from Uncle Sam.

#3 Mining and Investment

KASH is also prepared to profit from the continued expansion of the crypto marketplace.

The company has increased its coin mining capacity. It now has 100 rigs deployed and 770 purchased after a delivery in January 2018.

Crypto-mining can be immensely profitable, even with the ups and downs in the markets. Compared to gold mining, which returns only 11 percent for investors, cryptocurrencies can earn thousands of times more when their value rises as it did in 2017.

KASH has 1.23 MW of mining capacity and has plans in process of raising that to 20 MW by the end of the year.

And that’s not all: KASH also has a “masternode” for the Dash currency, which earns it an 8 percent return. The acquisition of the masternode was made for $280,000 and KASH gets paid in Dash coins, but as Dash is one of the fastest-growing cryptos out there, it could bring big returns for KASH.

It all plays into the company’s strategy: diversify, bring exposure for investors to a wider crypto market, and embrace regulation in order to bring greater stability.

KASH, according to CEO Patrick Gray, gives investors the opportunity to profit from a volatile market, “that they can’t take advantage of themselves.”

 #4 Is It Time to Act?

The Bitcoin boom may have slowed, but the crypto revolution isn’t done yet. In fact, it’s only just begun.

The gains in 2017 taught investors one thing: despite volatility, risk, and uncertainty, there was definitely money to be made mining and trading cryptocurrencies.

Now, governments are trying to bring the crazy crypto markets in line without crushing them completely.

Corporations like Kodak are producing their own branded tokens. Major governments, such as Saudi Arabia, are developing cryptocurrencies for use in international trade deals.

Wall Street is embracing blockchain technology. The innovations behind Bitcoin are expected to soon become commonplace in multiple industries, including healthcare, real estate, and shipping.

Companies like Hashchain Technology Inc. are getting ready to meet future challenges: unlike a lot of crypto players out there, they aren’t putting all their eggs in one basket. They’ve embraced regulation and diversification, and they’re in this for the long haul.

Investors should take notice. As the crypto market evolves, companies like KASH could be at the forefront.

This is just the beginning.


 Forward-Looking Information

Certain disclosure in this release, including statements regarding the the performance of the Company’s current and ordered Rigs, and expectations regarding future operations may constitute forward-looking statements. These include that KASH will dramatically increase operations,  that the 3,000 Rigs will be successfully delivered, the 3,000 Rigs will perform as expected by management and the timing, installation and performance of KASH’s current and ordered Rigs will be consistent with management’s expectations; that mining capacity will increase to mine 20 MW;  that KASH will hold a diverse portfolio of cryptocurrencies through mining and otherwise; and that KASH’s software can become part of a regulatory push for regulation of cryptocurrencies.  The forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, the risk that the 3,000 Rigs will not be successfully delivered from the manufacturer or, if delivered, not when expected by management, and the risk that the Company’s current and ordered Rigs will not perform as expected by management or that expected capacity is not achieved; that KASH may not earn cryptocurrencies through mining and may not be able to purchase them;  risks related to changes in cryptocurrency prices, and the profitability of mining them; that cryptocurrencies will not increase in use as expected; the under-estimation of personnel and operating costs; that KASH will not receive required regulatory approvals for building new facilities, using power, or other aspects of its business; that cryptocurrency regulators don’t accept KASH’s accounting and other solutions; the availability of necessary financing; permitting of businesses that KASH intends to invest in; general global markets and economic conditions; uninsurable risks; risks associated with currency and cryptocurrency fluctuations; risks associated with competition offering better or cheaper solutions, attracting away employees or using tactics to drive out competition; risks associated with changes in the financial auditing and corporate governance standards applicable to cryptocurrencies; risks related to potential conflicts of interest; the reliance on key personnel; capitalization and liquidity risks including the risk that the financings necessary to fund continued development of KASH’s business plan may not be available on satisfactory terms, or at all; the risk of dilution through the issuance of additional common shares of KASH; the risk of litigation; the risk that KASH’s management and advisors may not contribute as much as expected to the company’s success; the risk and the risk that cyber-crime may severely damage the value of any or all of KASH’s investments. There may be many other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information.

If you are unfamiliar with NEO, it is one of the largest and most significant coins in the cryptocurrency industry. This guide can help you learn many of the key things that are good to know about NEO.

Market Cap – As of February 12th, 2018, the market cap of NEO is $7,283,445,000. This market cap makes NEO the seventh largest cryptocurrency by overall market capitalization. It stands behind Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, and Litecoin in this regard.

Price – On February 12th, 2018, the price of NEO was $112.05 per coin. This price made NEO a relatively average priced cryptocurrency. This is because there are coins that cost thousands of dollars such as bitcoin, and then there are those that cost less than a dollar, such as Dogecoin and Loopring. So, NEO falls somewhere in the middle of the price range for cryptocurrencies.

Origination – NEO was created by Chinese developers, Da Hongfei and Erik Zhang in 2014. It was designed to create a so-called “smart economy.” NEO aims to do this by enabling smart contracts and decentralized apps, or “DApps,” to be facilitated on its blockchain. So, essentially, the goal of NEO is not just to be a decentralized cryptocurrency, but also a platform for businesses to leverage the blockchain for various processes.

When NEO was created, it was originally called “Antshares.” However, people behind NEO, soon changed the name, because they felt that Antshares was not catchy enough. They renamed their coin NEO, because in Greek, NEO means new and young, and because NEO is the name of the protagonist hero in The Matrix. Like NEO in The Matrix, many people believe that NEO coin is “the one” that will truly change the system.

Similarities to Ethereum – NEO is often referred to as the “Chinese Ethereum.” This is because Ethereum is also both a cryptocurrency and a platform for facilitating smart contracts and DApps. Ethereum and NEO are very similar. However, they have several key differences, such as the fact that they support different programming languages for development.

NEO and Gas – The NEO platform has two different tokens, which are used for two different purposes. Both of these tokens help the NEO network to function properly. Also, both of these tokens are capped at 100 million units each. NEO coins hold the purpose of representing shares in the NEO market. People who possess NEO coins have privileges, such as being able to vote on key decisions in the NEO ecosystem. People who own NEO coins are also entitled to receive dividends in the form of GAS coins. NEO tokens cannot be divided. They can only be bought and sold as complete tokens.

GAS tokens, on the other hand, can be divided and broken down into percentages of coins, such as 25%, 50%, etc. The purpose of GAS tokens on the NEO platform is to allow users to run and deploy smart contracts. Both currencies have their function, and they are both integral to the NEO ecosystem.

Growth – NEO has seen exponential and incredible growth since it was created in 2014. Most of this growth occurred in the year 2017. During this year, the price of NEO coins went from being worth just a few cents to be worth well over $100. The growth that NEO has seen has propelled it to being one of the most important and largest cryptocurrencies in the world.

One important reason why NEO continues to grow so quickly is due to a number of key partnerships. These partnerships include deals with Bancor, Coindash, and Agrello. NEO is also said to be partnered with both Microsoft and Alibaba, two extremely large companies. The full significance of these partnerships could soon come to light. This could help to boost NEO’s growth even further.


NEO is a cryptocurrency that has very exciting potential and which has seen a dramatic rise in price since its inception in 2014. Unlike many other cryptocurrencies, it is specifically designed to help provide a platform for smart contracts and DApps. This could make NEO extremely beneficial to e-commerce businesses. This utility value gives NEO a strong potential for more growth in the future.

If you would like to buy or trade NEO, you can do so on the eToro platform. Etoro is the world’s leading social trading network. With eToro, you can not only trade cryptocurrencies, but you can also copy the leading traders in the community, which can help boost your success.

Blockchain technology is of great interest to many companies. Hundreds of startups are focusing on this business model as we speak., a major Chinese e-commerce company, unveiled a new accelerator program designed specifically for blockchain and AI startups. Known as AI Catapult, six companies are already on board for the first class.

An Interesting Move by

Few people would expect the Chinese e-commerce giant to focus on blockchain and AI. Even so, the company has kept a close eye on these nascent industries over the years. The company wants to continue to innovate and be part of the next big trend in the technology sector accordingly. With their new AI Catapult accelerator, the e-commerce giant focuses on blockchain and artificial intelligence startups.

The first six participants have been made public already. They include Bluzelle and CanYa as two of the blockchain startups. The focus on this new accelerator lies in testing real-world applications of these technologies at scale. It is possible we will see some form of integration with the logistics unit at some point.

It is also worth noting operates a sponsored AI Research lab. Additionally, it appears the Chinese e-commerce giant has big plans for artificial intelligence moving forward. Whether or not this means we will see major real-world use cases soon, remains to be determined.  Additionally, the company also uses blockchain technology as part of its supply chain procedure. Further focusing on developments in both of these industries makes a lot of sense for the company.

Blockchain Continues to Turn Heads

It is not entirely surprising to see this focus on blockchain. There are different use cases for this technology moving forward. Considering how already has real-world use cases for this technology right now, they want to see what other startups can bring to the table in this regard. CanYa is an intriguing addition, due to its peer-to-peer marketplace solution. How that will impact the Japanese e-commerce industry, has yet to be determined.

Bluzelle provides scalable data storage and management services for decentralized apps. In the world of e-commerce, dApps can be quite an innovative development. For now, we have to wait and see how plans to explore this avenue. Their choice for Republic protocol is also pretty interesting. This Australian startup provides a decentralized dark pool service for atomic cross-chain trading. The project’s main focus is on Ether, ERC20 tokens, and Bitcoin, for the time being.

All of this goes to show is a big fan of blockchain technology first and foremost. There is only one AI-oriented company as part of this new accelerator. Bankorus uses AI for private wealth management. Unsurprisingly, this venture also makes use of blockchain technology for added transparency.  With six startups as part of the accelerator, the next few months will be quite interesting. A lot of use cases are waiting to be explored where these technologies are concerned.