Companies

The HTC Exodus 1 blockchain tech and crypto phone could play an important part in building the next Internet. Conversely, the firm is proud to explain its commitment to the device, which it believes could have significant results in shaping and building the future of the Internet itself.

Italy has a great number of successful blockchain projects related to efficient energy management, notably in smart cities such as Bologna, Milan, and Venice. However, only 5% of the ventures involved in the energy sector take advantage of digital technologies and fintech.

Estonian company MinexSystems has commenced the full start of operation of its two primary products, MinexPay and Minex Web Wallet, which in conjunction create one of the most completed cryptocurrency card ecosystems on the market. Minex Web Wallet is a secure web wallet system which offers storage and control over several digital assets, as well as activation and control of the cards purchased via MinexPay. MinexPay offers a card program, which can be used both for crypto online and offline payments and ATM withdrawals, with very attractive limitations.

The national authorities have developed a new vision regarding initial coin offerings (ICOs). The investigation process into Korean crowdfunding platforms took nearly 3 months to form a thorough understanding of the fintech market in the country. As a result, it turned out that many companies have bypassed the ICO ban by moving business overseas.

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The possibility to seize the opportunities provided by blockchain technology originates from an understanding of its structure and operation. Last year saw the interest of several firms, businesses and institutions in the distributed ledger technology (DLT) grow and develop staggeringly in Italy. The benefits of blockchain and cryptos are now known by many Italian citizens and other several countries in the world at large.

US-based company Fidelity Investments announced that it will likely launch its new cryptocurrency custody service in March this year. Fidelity plans include that the Bitcoin (BTC) storage will come first and then Ethereum (ETH) will follow.

The use of Blockchain technology and Cryptocurrencies has been significantly increasing among different companies, institutions, people and businesses, due to the hype surrounding it in terms of its major benefits including more secure transactions, an increase in userbase, lower fees, averting chargebacks and quicker funds clearance.

Research conducted by IDC last year shows that 75.5% of companies worldwide believe blockchain technology will facilitate their Digital Transformation initiatives for the next half a decade. In Europe, however, uptake is still very low, the percentage of firms which are conducting pilot projects in blockchain makes around 9% of the total number interviewed, according to a report by Tech Economy.