CCN Everyone knows that blockchain is transformational but sometimes it is hard to get one’s head around how it can transform a traditional industry. Kyle Forkey, CEO of Ethmint, thinks he may have the answer. ‘Blockchain at its most simple has a very simple value proposition,’ he says. ‘It is a way to show ownership and can be a way to raise capital. That makes sense.’ He has a point. He is currently advising for Moria, an asset backed, ICO. The asset in question is a real life gold mine based in Colorado, US. The project, billed as the world’s first decentralised investment platform for the extraction of precious metals, looks to reward investors with annual premiums far in excess of normal investment terms, but maybe not as much as traditional crypto investors might wish for. Given the week that is in it, with the spectacular crashes in value across bitcoin and its alt mates, this might not be a bad thing. The mine is located in Colorado and is part of the ‘Gregory Lode’ once said to be the richest square mile on earth. Called the Bates Hunter Mine it extends over 35 acres of ground cover and consists of a […]