BP's technology director for digital innovation said that non-financial enterprises may be more open to blockchain innovation than financial companies
19 April 2018
The energy giant BP is considering the possibility of concluding agreements with the blockchain start-ups that conduct ICO, and even conducts internal listings of tokens. This is reported by Coindesk.
Speaking at the Blockchain Expo in London, Julian Gray, BP's technology director for digital innovation, said that non-financial enterprises may be more open to blockchain innovation than their competitors in financial services.
We haven't done anything with public chains yet. But that doesn't mean we won't. We have done proof of concepts using tokens internally, transferring value.
Technology director for digital innovation, BP
BP needs to significantly expand its knowledge in this area, he said. Nevertheless, the company already now has a sufficient number of people who realize that blockchain, even open ones, are not only the "territory of hackers".
Gray added that although his department does not need financing, he is ready to work with other projects that have followed the path of the ICO.
Would we partner with people who are doing this stuff? Yes, I think so. Not right now, but I wouldn't be surprised if we did.
Technology director for digital innovation, BP
The moderator of the meeting, Lewis Cohen, a partner of the law firm Hogan Lovells, noted that he was interested to hear these words from a representative of a company such as BP.
I have been looking at this for a long time and I don't believe in taking the view that ICOs are terrible, like we have heard from many people. However, I would stress that is my view - and not necessarily the view of BP.
Partner, law firm Hogan Lovells
British Petroleum, also known as BP, is a international oil and gas company headquartered in London, England. It is one of the world's seven oil and gas "supermajors", whose performance in 2012 made it the world's sixth-largest oil and gas company.
Check these cool new ICOs: PlutusX, Rays Network, INGOT COIN, Multiven, Tresorio HUB, PARQ and Remoneta
30 September 2018
Every week we find a large number of projects which are holding Initial Coin Offerings in order to be able to bring their incredible ideas to life. There are a lot of news regarding ICO and cryptocurrency, and we do our best to report about the updates released, or the crypto conferences held all over the world. And now it’s time to look at the ICO market! In a list below you will find our reviews of the projects we consider worth looking at this week. As you already know, Hype.Codes team is working hard to deliver all top-notch ICO news!
PlutusX’s mission since its inception in 2015 has had one core drive: to reinvent the way investing was perceived. We planned on disrupting the status quo by providing tools that otherwise would have been exclusively reserved to the ultra-wealthy. We have now advanced our mission with the progression of blockchain technology and decentralized tools, that will allow us to take our mission to a global and borderless platform. The potential to satisfy the demand for aggregated financial services in the crypto industry is perhaps the most exciting banking development of the past 100 years. The prize for those who are successful is a place on a global banking landscape that can never be matched by any traditional banking development plan.
Rays Network is based on a whole new blockchain technology which is growing and improving all the time. For a few years now, blockchain technology has been increasingly adopted, but there are still many problems that hold this technology back from going mainstream. Rays Network is looking to solve many of these problems. Rays Network is a cryptocurrency that aims to Revolutionize your experience within the cryptocurrency world. We have identified common cryptocurrency issues ranging from usability to how decentralized systems operate. We are adopting known features inside cryptocurrency world such as Delegated Proof-of-Stake (DPoS) and Bulletproof algorithm but we have modified features to accommodate our community’s needs.
INGOT Coin is the first fully integrated Wallet with a Digital Bank, Brokerage, Exchange, Certifier, and ICO Accelerator. All components are rolled into a single and complete ecosystem, which rewards token holders and consumers for using and contributing to it. INGOT Coin is a decentralized cryptocurrency which provides benefits and discounts within the ecosystem itself. IC will be based on a ERC20 technology.
MULTIVEN OPEN MARKETPLACE: The world’s first blockchain-based marketplace for the global $3 Trillion IT products and services Industry. - Reduce your IT hardware, software & services costs by up to 75%. - Decentralise your procurement worldwide. - Buy and sell, new and used equipment, peer-to-peer.
Tresorio HUB is a transparent, decentralized, sustainable and scalable ecosystem, accessible through a cloud platform, our HUB Platform, allowing an easier access to computing resources. These resources will be used for various use cases such as blockchain mining, 3D rendering, Machine Learning model training, or complex scientific computations. The HUB platform will be powered by our Green Network’s clusters and smart-boilers, as well as computing resources made available from thousands of contributors through decentralized marketplaces. Our ambition is to create an efficient ecosystem, democratizing access to computing resources to all types of users. We aim at disrupting the centralized paradigm in Cloud Computing.
Parksen combats worldwide traffic congestion and pollution through a Green, Smart and Connected City Platform, which utilizes the IOTA and Ethereum blockchain, smart contracts, IoT devices, artificial intelligence and a real-time parking app. The Parksen parking app, running in over 100 Dutch municipalities, allows drivers all around the globe to find and pay for their parking spaces in advanced, showing them the closest one to their destination, saving them money, time and frustration, as well as helping to reduce CO2 emissions. We receive a 5% kickback fee on all parking transactions that were activated by our cloud based SAAS solution, and by distributing smart, low priced IoT devices and a free-to-use platform to commercial parking providers and local, regional and national governments, we aim to disrupt a 100 billion dollar industry.
ReMoneta Taking crypto to the mainstream ReMoneta is the only land-backed system in crypto, delivering real measureable and stable value today. ReMoneta is a strongly-capitalised ReFinTech company based in the EU combining real estate, finance and technology. At the centre of ReMoneta is our community. Together we have designed a frictionless hub - the safest and most stable integrated online currency system in the market. It is the only online currency and payment system with a fully stable price, zero transaction costs, large scaling and instant network verification, land backed and totally secure where community members and retailers earn money from "community mining" via their real world actions to promote positive global values and the community. The system allows micropayments - opening up a new industry as well as members being able to create code or even a business node on the network. ReMoneta solves the key problems in crypto today, creating a central hub between crypto and commerce, allowing crypto to go mainstream.
Hype.codes team works everyday to bring you the best reader’s experience. We are trying to add some new cool features every day. Hype.Codes Rate is average, abstract ranking of ICO, that we give to every upcoming ICO. It depends on such criteria:
Landing webpage design
Completeness of information provided on the landing webpage
Convenience of information search on the landing webpage
The concept itself
Reputation and accessibility of information about the project team, their experience
Project activity on social networks
And many other
We hope that you like the idea of Hype.Codes ICO ranking and maybe it will help to navigate through the stormy sea of blockchain-based start-ups.
We are constantly updating the list of top ICO and we would like you to share some thoughts on which Token Sale from 30th September to 6th October is the most appealing to you. Which one seems interesting for you to invest your funds, and which one, in your opinion, will bring the most profit? Please, select one of the options below