JD Alois

Sagewise Creates Directory of Blockchain & Smart Contract Legislation by State

Sagewise, a legal dispute layer for blockchain based smart contracts, has created a directory of all existing and pending legislation that may impact smart contracts and blockchain around the United States. Even if you are engaged in the distributed ledger tech-sector, you will be surprised… Read More

OECD Pushes into Blockchain, Books Event for September

Even the Organization for Economic Cooperation and Development (OECD) is interested in blockchain these days. The international organization that is focused on promoting policies that will improve the economic plight of everyone around the world has scheduled a blockchain event in Paris for this September…. Read More

Tomahawkcoin: SEC Bans Alleged ICO Fraud Perp with Previous Criminal Conviction

The Securities and Exchange Commission has received a permanent ban on David T. Laurance and his Tomahawk Exploration LLC. Laurence attempted to raise money issuing a “Tomahawkcoin” (TOM) in an initial coin offering (ICO). While the ICO was not successful it tripped the fraud triggers… Read More

Binance Seeks to Boost Blockchain Education with New Academy

Binance, one of the largest cryptocurrency exchanges in operation, has launched the Binance Academy to further education about crypto and blockchain. The service is said to provide “free resources to the next generation of blockchain enthusiasts.” The academy is an open-access platform that “will tackle… Read More

PeerIQ CEO Ram Ahluwalia on OCC Fintech Charter: Consumers Win if it is Implemented Correctly

At the end of July, the US Department of Treasury published a wide-sweeping document on Fintech innovation in the US and what must be done to boost innovation in financial services. While much of the document addressed much needed regulatory reform and overlapping state and… Read More

Funding Societies Tops S$ 200 Million in SME Crowdfunded Loans

Singapore based Funding Societies, a leading peer-to-peer (P2P) lending platform in Southeast Asia, has topped S$ 200 million mark in total crowdfunded SME loans. Funding Societies notes that this accomplishment arrives just 6 months after crossing S$ 100 million in January of this year. The… Read More

SEC Issues Investor Alert on Self Directed IRAs, Includes Special Warning on Digital Assets such as ICOs

Last week, the Securities and Exchange Commission issued an investor alert on Self Directed IRAs. As one would expect, the individual investor manages these retirement accounts without the assistance of an investment advisor. A self-directed IRA is held by a custodian that allows investment in a broader… Read More

Olportal is Building Messenger App on Hedera Hashgraph

Olportal has announced they will be using speedy blockchain Hedera Hashgraph to build their decentralized messenger app. They also claim it will be the first decentralized messenger on neural networks with an Artificial Intelligence dialogue function. This apparently means plenty of bot speak to answer… Read More

Blockchain for Sustainable Development: UN Event Focuses on Public Benefit of DLT

This fall, a diverse group of global blockchain industry types will be convening at the United Nations to discuss the role of Blockchains for Sustainable Development or “B4SD.” While finance is deemed the hot sector of distributed ledger technology, the benefits of this tech may go… Read More

Thai Bitcoin Scam Fleeces Finish Investor of $35 Million, Used Dragon Coin as Bait & Involved Famous Thai Actor

Aarni Otava Saarimaa, a 22 year old crypto investor based in Finland, used to be crypto rich. Today, perhaps he is less so after following afoul of a scam apparently hatched in Thailand. In a sordid saga shared by the Bangkok Post, a crypto investor… Read More

Temenos Looks to Boost Fintech in Egypt with AUC Venture Lab Fintech Accelerator Partnership

Fintech software provider Temenos (SIX: TEMN) has partnered with The Venture lab at The American University in Cairo (AUC Venture Lab) a prominent startup accelerator in Africa and the MENA region. Temenos will support Fintech innovation in Egypt by providing startups with access to their core… Read More

Fintech Sancus Expands Operations in Ireland with New Hires

The Sancus BMS Group has expanded their business in Ireland with two new appointments from the property finance sector. According to Sancus, Michael Mooney has joined the Group as Managing Director of Sancus BMS (Ireland) Limited and Geoff Savage as Director of Lending. Sancus CEO Andrew… Read More

Cambridge Centre for Alternative Finance Publishes Document on Distributed Ledger Technology, Seeks to Provide Common Framework for Fast Emerging Blockchain Industry

Defining Distributed Ledger Technology Distributed Ledger Technology (DLT), also frequently referenced as blockchain, is a fast emerging sector of finance but also has the capacity to extend into other sectors of industry. Yet DLT is frequently misunderstood and regularly terminology is at odds across sector… Read More

Bureau of Consumer Financial Protection Settles PayDay Loans Lawsuit, Imposes Hefty Judgement that is Unlikely to be Paid

The Bureau of Consumer Financial Protection (previously known as the CFPB) has reported that a federal district court in the Western District of Missouri has entered an Order effectuating a settlement between the Bureau  and Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated corporate… Read More

Blockchain Platform Enecuum Signs Cooperation Agreement with iCapital as it Plans Token Sale

  Enecuum, a blockchain platform with a capability of mobile mining, and iCapital based in Israel, have established a long term cooperation agreement, according to the firms. Hong Kong based Enecuum explains on their site: “Every smartphone on the network will participate in the publication… Read More

Introduction to Blockchain with Ethereum: NYC Data Science Academy Now Offers Course on Ethereum

NYC Data Science Academy is now offering a course on blockchain. More specifically, a course targeting Ethereum and smart contracts. According to the Academy, the course is good for both developers and “data enthusiasts”. The course begins on October 13th and will consist of 6 comprehensive, all-day… Read More

What’s Going on with IOTO? Public Dispute Raises Unfortunate Questions

Last week, IOTA – one of the most interesting blockchain projects around that has also had its fair share of controversy, published a public letter from the founders and the IOTA Foundation Board. In the missive, IOTA commented on a recently “leaked” conversation that allegedly… Read More

Schwarmfinanzierung: Deloitte Study on “Crowdlending” in Germany says Banks Win

Deloitte Germany has published research on the crowdfunding sector and when it comes to comparing new forms of online capital formation and old banks – banks win. That is, at least in the eyes of the Deloitte research. Deloitte states that when it comes to… Read More

Ning Tang, CEO of CreditEase, Shares Insight into P2P Lending in China

Ning Tang, founder and CEO of CreditEase – a huge Chinese Fintech that started as just a peer to peer lending platform, recently spoke to Bloomberg in Asia. CreditEase is also the majority shareholder of US listed online lender Yirendai (NYSE:YRD) Tang provided an interesting… Read More

FinCEN Director Kenneth Blanco Addresses Tough Topic of Cryptocurrency, Attorney Joshua Klayman Adds Insight to Topics Discussed

This week, at an event in Chicago that focused on legal questions swirling around the emerging cryptocurrency industry, FinCEN Director Kenneth Blanco delivered a much anticipated speech regarding his agency’s thoughts on digital assets and virtual currencies. FinCEN is part of the US Department of… Read More

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