Latest Posts

Learning More About NEO, The Chinese Ethereum, Malcolm Lerider Explains

CCN NEO offers the possibility of both Public and Private blockchains in the same ecosystem Zalando, located in the heart of Dublin’s Silicon docks, was the venue for the first meetup of NEO – dubbed the Chinese Ethereum – in Dublin. It was also the kick start off for a European tour with the NEO stars heading off to London, Hamburg, Amsterdam, and Zurich before ending January with a large two-day DevCon in San Francisco.  The Meetup was oversubscribed twofold with many developers disappointed not to make the gig. The main speaker was Malcolm Lerider, senior R&D manager for NEO.  His talk covered off the key components of NEO, namely that it was designed with business in mind. Lerider spoke of the main features promised by NEO including speed. ‘We can cope with thousands of transactions per second,’ he said. ‘That is pretty impressive but I have to warn you that there are other projects suggesting they can offer multiples of that – I ask you to listen with a degree of scepticism. Claims like that are all using off-chain scaling mechanisms, which are technologies just as easily applied NEO. In the end, the on-chain single core processing speed is […]

Continue reading

Trying To Inspire Socially Responsible Trading, Bobby Bhatia, TrakInvest

CCN Bobby Bhatia has worked in finance his entire career, much of it based in Asia, working for some of the biggest names in banking and trading. In his sector, he observed the way the world was changing, in particular for millennials and their careers.  ‘The world went from too little data to too much data almost overnight,’ he says. ‘And there was little or no curation. Artificial Intelligence was added in and all of a sudden the challenges facing millennials in their careers were huge.’ ‘I saw an opportunity to teach trading as a life skill, proving a primary or even a second income.’ ‘In Institutional trading the odds are stacked against the little guy,’ he says. ‘I felt there had to be a way to close the gap and also to head towards a social responsible trading concept.’ Not normally terms associated with trading but Bhatia is on the money in terms of his timing. He first set up TrakInvest in 2014. It was a free to use, gamified trading platform with phantom money. It was also a world first. Mirroring the top ten equity exchanges across the world, people could set up accounts and learn to trade […]

Continue reading

From yesterday’s Irish Times – a decade on in the recession – however, I was much more upbeat about my future. I have turned the corner, I am proud of my achievements, and the future is looking very rosy! Irish Times Jillian Godsil lost her home in the recession and was one of the the first women to go bankrupt under Ireland’s new bankruptcy regulations. “Until 2008, life was very good. I was happily married, or so I thought, running my own PR and marketing company, living in a big house we’d bought in 1996. “Then two things went wrong. I discovered to my horror that I wasn’t happily married, and we started separation proceedings. The second thing was that my ex had got into property. The house had been worth €1.6 million at one stage, and it seemed to make sense to release some equity. So we had huge debts that we couldn’t pay. “It happened so quickly. My husband went back to the UK and declared bankruptcy. I made a video to try to sell the house on YouTube. The video was quirky and it went viral. I got a cash offer of €500,00 in 2011, and I put […]

Continue reading

Why Binance Is The Number One Cryptocurrency Exchange, Exclusive Interview With Changpeng Zhao, Aka CZ

CCN   Binance has exceeded all expectations, including those of the CEO and founder Changpeng Zhao, or CZ as he is known, to reach the number one cryptocurrency exchange in just six months. Binance is arguably also the fastest ever Unicorn reaching double the valuation required (hitting $2billion) and is moreover profitable. ‘If you had asked me a month ago when we would hit the number one spot,’ says CZ from Tokyo where he had not stopped working all over the holidays, ‘I might have answered six to nine months. If you had asked me about unicorn status, I might have thought the same period. This growth has surprised even me.’ Binance may be an overnight success but CZ has certainly put in the time and there is very little left to chance in this booming exchange. With three lines of business: trading, incubation labs and Binance’s ICO Launchpad, things are moving very quickly. Two ICOs have already been rolled out on the Launchpad; GIFTO and Bread. The two ICOs raised $3million and $3.5million respectfully in a matter of minutes. ‘We are building a community of trust,’ says CZ. ‘Part of that is the release of ICO funds.’ In an exclusive […]

Continue reading

The Pineapple Fund, Using Bitcoin Profits For Crypto Good

CCN When Bitcoin hit the $20,000 high in late 2017 there was endless talk of how much money people holding coins had made. It was reminiscent of Dublin during the Celtic Tiger where dinner party conversations were dominated by the rising price of houses. On the face of it, these Bitcoin conversations were all about greed. However there are exceptions. While there are many people making money from Bitcoin, there are also do-gooders who are donating Bitcoin to charities and causes. We have covered some of these people and organisations here (Paxful) and here (CharityStars). One of the largest donators to hit the press ever in the history of Bitcoin is an unknown man or woman who goes by the name ‘Pine’ and has set up ‘The Pineapple Fund’. The name The Pineapple Fund comes from the fact that if you eat too much pineapple your mouth can become sore and you can develop a temporary intolerance to them. While anonymous, he or she quoted on their website: “I’ve always liked Pineapple but since it contains bromelain [an enzyme that digests protein] your mouth becomes tender if you eat too much of it. Then, like now, is a good time […]

Continue reading

Categories

Archives