Author Archives: David Drake

How Western Union Could Inspire Mass Crypto Adoption in 2019

  By David Drake   The international money transfer has continuously been a growing industry since it first entered the market in the 19th century. The wire transfers are significantly faster compared to traditional banking methods and are available in most geographical locations around the world, making it possible for customers to send money in hundreds of currencies. With the […]

Will Innovative Gaming Solutions Integrate Distributed Ledger Technology?

  By David Drake   Gaming is one of the industries that has experienced steady growth over the years. In 2018, the industry generated about $134.9 billion in revenue, an increase of over 10% of 2017 revenue. In the US market, the total revenue from this market was estimated to be about $43.5 billion, with software purchases accounting for 82.4% […]

How Blockchain Could Boost the Performance Transport and Logistics Sectors

  By David Drake   Across sectors, companies are progressively depending on technology to reduce costs,  increase efficiency in processes and improve transparency. As an emerging technology, blockchain seems to be providing all these aspects. This has seen industries across board develop interest in blockchain due to its ability to solve problems relating to storage, security and transparency of transactions. […]

Will the Gaming Industry be the Next Big Frontier for Blockchain Adoption?

  By David Drake   Initially designed to power bitcoin, blockchain technology has spawned a wide range of uses hitherto not conceivable to many. Today, the technology has found application in almost all aspects of our daily lives, from healthcare, shipping, finance, to education, entertainment and much more, to earn the term ‘the Internet of Value’. Beyond these sectors, the […]

Will the Gaming Industry be the Game Changer in Blockchain Adoption?

  By David Drake   Adoption of blockchain technology has been rising gradually in different sectors. Beyond the financial sector, several companies in the logistics, shipping, legal and manufacturing sector have started applying the technology to develop innovative solutions to problems they face. But it is the gaming industry that has recently emerged as a strong blockchain adopter. Increasingly, gaming […]

Why Crypto Exchange Trading Volumes are Down, but Not Out

  By David Drake   The cryptocurrency industry was largely affected in 2018 after its market capitalization dropped to $127 billion in December, from a high of $741 billion recorded at the start of the same year. Its most dominant coin, Bitcoin, shed over 74% of its value in the same period to close the year at about $3892. Similarly, […]

How Swiss Private Banks are Leading the Way in Offering Crypto-related Services

  By David Drake   Predictions of a better 2019 are rife in the crypto space as enthusiasts remain optimistic. Sonny Singh, the Chief Commercial Officer of Bitpay in a recent interview with Bloomberg predicted the possibility of bitcoin hitting highs of around $15,000 – $20,000 before Thanksgiving Day, 2019. Another cryptocurrency enthusiast, Ronnie Moas, has predicted a much higher […]

How Blockchain-based Platform, Tradelens is Transforming the Shipping Industry

  By David Drake   After months of collaboration, starting June 2016 between IBM and Maersk shipping company, Tradelens blockchain shipping platform was launched in August of 2018. This launch marked the opening and commercialization of the platform for wider industry infiltration. According to IBM and Maersk, Tradelens will solve problems peculiar to the shipping industry such as too much […]

Can the Transport and Logistics Sectors Take the Lead in Blockchain Mass Adoption?

  By David Drake   Whenever blockchain technology is mentioned, it is highly probable that the financial sector is the first thing that comes to mind. But the distributed ledger technology is making significant headways in other sectors and one of the sectors that is reaping benefits from adopting this technology is supply chain. As trade continues to grow, the […]

NOIZ Chain: The Evolution of Personal and Business Data into Secured and Monetized Digital Assets

  By David Drake   With the proliferation of social media sites and applications where communication, data, and content sharing gets to be fast, easy and eventually monetized, the risk of personal and business data leak has also become imminent.  Data and information breach and fraud has become bywords, thus the need for data and information security companies and custodian. […]