Author: Yoshitaka Kitao In the past, the infrastructure referred to as banks was necessary, but IT companies like Amazon and Google that possess big data can handle operations such as payments even better than banks. Furthermore, linking AI to IoT is leading to a growing range of completely new business opportunities. This new phenomenon is … Read more
While prices of cryptocurrencies like Bitcoin and Ethereum have dropped this year, fortunes have been much better for a Perth-based global news and media group specialising in the blockchain that underpins the technology. With a background in financial journalism at Bloomberg, Heidi Cuthbert (pictured) founded her digital PR agency Multiplier in 2016 with a focus … Read more
A mysterious, anonymous entity known as Satoshi Nakamoto posted a white paper on October 31, 2008, entitled Bitcoin: A Peer-to-Peer Electronic Cash System. It was the first time the concept of Bitcoin entered the world. But outside of the cypherpunk mailing lists — those promoting the use of privacy-enhancing technology — this event was hardly noticed. Ten years on, who hasn’t at … Read more
The 2018 EY FinTech Australia Census was released as part of FinTech Australia’s Intersekt Conference in Melbourne today. The census, now in its third year, paints a picture of a sector now well-established and coming into its own as a viable alternative within the financial services landscape. This corresponds to an overall maturing of the … Read more
Australia’s typical fintech founder is a bloke in his 40s with a postgraduate degree. That’s one of the findings of the 2018 EY Fintech Australia census, which shows 72 per cent of Australia’s financial technology startup employees and 81 per cent of founders are men. FinTech Australia chairman Alan Tsen says the sector is focused … Read more
Global cryptocurrency exchange Binance just invested $US2.5 million ($A3.48 million) in TravelbyBit, an Australian blockchain payments provider for the travel industry. The two will work together to introduce a point-of-sale (POS) payment system, incorporating blockchain technology, into major airports around the world. Queensland-based TravelbyBit enablises merchants to accept payments in digital currencies such as Bitcoin … Read more
Australian appetite for fintech services is on the up, with non-bank contactless or card-less mobile payment solutions now being used more than bank-owned payment solutions, according to recent research from market research company Roy Morgan. The Roy Morgan Digital Payment Solutions Currency Report, which is based on more than 50,000 consumer interviews, suggests fintechs, including startups, are … Read more
Australian island Great Keppel Island is set for a tech rejuvenation, backed by blockchain technology and the sale of its own coin offering. Through a security token offering (STO), investors will be able to purchase Great Keppel Island tokens (GKT tokens), each worth one billionth of the island. Tim Sommers, founder of Royalti Blockchain Group … Read more
Author: Boyd Cohen This book details the implications of the post-capitalist society on entrepreneurship around the globe, and it challenges many of our underlying assumptions about how entrepreneurs form startups and the objectives and roles, or lack thereof, of startup investors in a post-capitalist society. The author explores real emerging stories about different forms of … Read more
Authors: Chris Burniske & Jack Tatar With the rise of bitcoin and blockchain technology, investors can capitalize on the greatest investment opportunity since the Internet. Bitcoin was the first cryptoasset, but today there are over 800 and counting, including ether, ripple, litecoin, monero, and more. This clear, concise, and accessible guide from two industry insiders … Read more
