Ambisafe launches Orderbook – an Ethereum-based token exchange

Ambisafe, an Ethereum asset management platform has announced its newest development — Orderbook, a trading platform for Ethereum-based ICO tokens. 
27 June 2017   1109
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

Through this trading platform, ICO participants can take advantage of cutting edge security, in which all critical operations are executed via Ethereum smart contracts, and all assets will be held “on-chain”.

The new trading platform Orderbook, which is currently available in alpha version, aims to streamline operations and ensure transparency for both ICO founders and traders. It seeks to tap into the craze surrounding ICOs, a method used by a growing number of blockchain companies to raise funding. All asset information will be available on the platform including trading protocols, dividend history, transaction volumes and analytics from trusted cryptocurrency sources.

In the past, Ambisafe had helped to set up successful ICOs for several blockchain companies including Polybius, TaaS and Chronobank.

Ethereum

Is an open-source blockchain-based distributed computing platform featuring smart contract functionality, which facilitates online contractual agreements 

Last year, in addition, Ambisafe was chosen alongside KitSoft, Distributed Lab and Titanovo, as one of the vendors to develop a blockchain-based government elections solution for Ukraine. As part of the initiative, Ambisafe build up and presented a prototype of the system based on the Ethereum platform.

Furthermore, Bancor, a project aimed at creating a platform that makes it easier for users to launch their own blockchain-based tokens, raised 153 000 000 $ faunding. It was one of the world’s largest crowdfunding campaign in the history. Investors were Blockchain Capital, a venture capital firm, and Tim Draper of Draper Fisher Jurvetson.

Other notable ICOs of this year is web browser startup "Brave", which raised US$35 million in just a few seconds. Also, Status, an open source messaging platform and mobile browser running on the Ethereum network, raised over US$100 million several weeks ago.

BlackRock to Consider Bitcoin Futures

World largest asset management firm created a workgroup to study the prospects of crypto-based futures
16 July 2018   77

Investment company BlackRock has formed a working group that should find out what benefits the world's largest asset manager can get from entering the cryptocurrency sector, despite the fact that previously its CEO had heavily criticized bitcoin. This is reported by Financial News.

The investment giant, whose assets amount to $ 6.3 trillion, created a team that included experts from various business areas. They must collect information about the cryptocurrencies, the underlying infrastructure and technology of the blockchain.

The working group, which includes investment strategist Terry Simpson, should find out whether BlackRock should invest in bitcoin futures.

Sources also reported that BlackRock is studying the experience of its competitors in this area and the potential impact of their actions on the company's business. The working group will report on the results of its research to senior management.

A spokeswoman for BlackRock reported that the company has been considering blockchain technology for several years, but declined to comment on the cryptocurrency.

The creation of a working group may mark a turning point in relations between BlackRock and cryptocurrencies. Last year, its head, Larry Fink, said that bitcoin is an extremely speculative tool, and the only reason for its popularity is its anonymity. "This is an instrument that is used for money laundering," he said bluntly.

Fink gave his comments even before the appearance of crypto-currency futures. At that time, he saw no opportunity for his company to enter this market.