Australian and Chinese entrepreneurs join forces to disrupt the blockchain market

Blockchain, the original and leading tech structure which is behind crypto mainstay Bitcoin, has met its match in a newer and simpler tech platform created in collaboration between Australian and Chinese entrepreneurs. Australian based TrustNote Foundation and Chinese entrepreneurs from the Achain Foundation have teamed up to created TrustNote, a Directed Acyclic Graph (DAG) based … Read more

Need templated forms, business plan samples or industry reports? Check out ProQuest Entrepreneurship Database!

Members of the Business Studio now have access to the full version of the ProQuest Entrepreneurship Database! This database bridges theory with practice, covering a wide spectrum of resources useful to educators, researchers, students and practitioners. Content ranges from the scholarly – including journals, dissertations, working papers and conference proceedings – to a full toolkit … Read more

Top investors gambled $16 million on the blockchain equivalent of Beanie Babies. Now, sales are plummeting

In March, investors including Andreessen Horowitz and Union Square Ventures gave a total of $US12 million ($AU16.12 million) to CryptoKitties, a blockchain game for digital collectibles. According to data from blockchain analytics sites, the number of CryptoKitties transactions are a fraction of what they were in December. CryptoKitties cofounder Bryce Bladon says the livelihood of … Read more

Fintech startup HashChing has launched an equity crowdfunding campaign

Mortgage marketplace startup HashChing, a fintch startup disrupting the monopoly of the big banks, has launched an equity crowdfunding campaign. It’s currently live on the Equitise platform, which has one of the seven crowdfunding licences issued for the first time this year. HashChing, which is seeking between $1 million and $5 million, has so far raised … Read more

How this fintech startup chief facilitated $50 million in Australian business loans without stepping foot in the country

Business loan marketplace Lending Express launched in Australia in 2016, and since then it’s facilitated $50 million in small business loans. But it was only last month that co-founder and chief executive Eden Amirav first set foot on Australian soil. Now the Israeli startup has secured $US2.8 million ($3.7 million) in funding, Amirav has plans … Read more

New FinTech Australia chief Brad Kitschke wants to replicate Uber’s success in the fintech world

FinTech Australia’s new chief executive, Brad Kitschke, is an ex-Uber exec with big plans to replicate the car-sharing giant’s success for the Australian fintech industry. Kitschke was head of public policy and government relations at Uber in Australia between November 2014 and May 2017, and in a statement on Thursday, he said “there is no … Read more

Warren Buffett further decries Bitcoin, says buying the cryptocurrency is “not investing”

Revered investor and ‘Oracle of Omaha’, Warren Buffett, has delivered a one-two punch to the cryptocurrency sector, declaring the act of buying Bitcoin “is not investing”. During an interview with Yahoo Finance, the Berkshire Hathaway chief executive followed up his previous statements on cryptocurrency where he declared the emerging asset class would come to a “bad ending”. … Read more

Blockchain technology drives demand for skilled business and IT leaders

Less than 10 years ago very few people were aware of what cryptocurrency was, let alone understand the technology that was driving it, and now it’s an industry that is hurtling towards being valued at $400 billion internationally as new “cryptos” are launched each month. Bitcoin was the trailblazing cryptocurrency which was launched with little … Read more

Australian fintech BigCommerce has just closed $84.5 million in equity funding

Australian ecommerce player BigCommerce has closed $US64 million ($AU84.5 million) in equity funding, led by Goldman Sachs.   The platform has now raised more than $US200 million ($AU264 million) since it was founded in 2009.   The cash will go towards accelerating BigCommerce’s product roadmap. Fintech startup BigCommerce, the Australian-founded ecommerce platform, announced it has … Read more