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Transforming the Construction Industry with Blockchain Technology

A blockchain is a time-stamped collection of immutable data records which are maintained by a computer cluster and not controlled by a single entity. Each block of data is called a "block" and linked to each other using cryptographic principles, making the "chain."

Building industry is always looking for new ways to tackle niche efficiency and productivity challenges. Blockchain technology provides the construction sector with accountability, traceability and collaboration. Check out the following infographic from Viking Steel Structures for more detail about development issues, implementations and more valuable insights.

Transforming the Construction Industry with Blockchain Technology #infographic

How Blockchain Startups Make Money: Markets Analysis

INFOGRAPHIC: How Blockchain startups make money. Detailed markets analysis ICO, STO, TGE and IEO Launchpad.

IEO market analysis – April 2018

The Hong Kong and Singapore have raised almost a half of total amount of raised funds ($124.5 million). However, the Hong Kong is undisputable leader among the countries by the funds raised ($65.7 million) even with significant low number f presented IEO projects. Here, Singapore is the leader by amount of projects with its eleven IEOs presented.

Regretfully, none f the five IEO projects from UK and UAE has not raised any funds. According to the statistics, IEOs on Binance Launchpad has raised the highest number of funds ($79 million), but at the same ime Exmarkets Launchpad is most popular launchpad for IEOs where 11 projects chose this launchpad.

Also, it can be already allocated top of 6 IEOs that have raised the most of the funds ($182.9million) and top of 5 IEOs that spent he lowest amount of time to raise the necessary amount of funds to finish IEO (up to the seconds). The tendency for IEO became to grow and the investors can put their trust in the due diligence performed by the exchange hosting the IEO.
  • Thus, trust and security make IEO projects more attractive among the crowdfunding platforms.
  • The IEO model was spearheaded by Binance, whose token sale platform Launchpad hosted a high-profile token sale for the Tronbased BitTorrent token (BTT) this January.
  • According to the CEO of Binance, exchange-hosted token offerings are no less subject to regulatory hurdles than their initial coin offering (ICO) predecessors.

IEO Statistics

  • $266 million has raised by 42 ended IEOs so far
  • IEOs on Binance Launchpad has raised the highest number of funds ($79 million)
  • There are already 60+ IEO projects listed on ICObench
  • 6 projects have raised the most funds ($182.9 million)
  • Exmarkets Launchpad is most popular launchpad for IEOs (11 projects chose this launchpad)
  • 3.6 is the average rating for IEO projects listed on ICObench
  • $180 million has raised by 23 IEOs since February
  • Singapore and Hong Kong have collected almost a half of total amount of funds raised by all IEOs ($124.5m)

Market Overview (H1 2019)

  • Total IEOs in H1 2019 - 72 projects
  • Total Amount Raised - $262 million
  • Average Amount Raised - $3.7 million
  • First IEO in 2019 - Bittorrent on Binance Launchpad. Raised $7.2 million in 14 minutes
  • Binance started the IEO frenzy with Bittorrent in Jan 2019. Shortly thereafter, many other exchanges began launching their own IEO platforms as well.
  • IEO projects seem to have a ceiling of $20 million in amount raised.
  • Only 5 projects raised more than $10 million via IEO. They represent 31% of amount raised in H1 2019.
  • While only 50% of IEOs are profitable, you would still see a gain of 44% if you managed to buy all IEOs.

How Blockchain Startups Make Money: Markets Analysis #infographic

Application of Blockchain In Rail Industry

Railways had made our transport very easy since the first railway in England began in 1830. Development in the railways was quite significant from 1830 to 2020. The blockchain definition is spreading widely; therefore public interest is also increasing on a vast scale. Now that blockchain is no longer just an idea, it is expected that its use in railways will smooth the transport.

Application of Blockchain In Rail Industry #infographic

Blockchain 2020 the Time is Now

A detailed Blockchain technology roadmap to consider key developments, predictions, focus areas and critical blockchain skills the right team should be squarely among the top 10 technology trends in Blockchain by 2020.

Blockchain 2020 the Time is Now #infographics

Biggest Misconceptions People Have About Blockchain

There are a few myths about blockchain that people believe to be true. There are many myths associated with the growing craze for blockchain technology. Like any popular topic, it's possible to miss or misunderstand the reality that can deliver wrong facts. Let's look at the greatest misconceptions regarding blockchain technology!

Biggest Misconceptions People Have About Blockchain #infographic

Blockchain In Mobile Application Market

Have you ever noticed how fun and enjoyable our world is when different types of mobile apps have arrived? By connectivity, education, banking, etc., these devices make the world a smaller place. At the same time, they work in different ways to make them even closer to people.

Today, in different fields like safety, education, sports betting, banking, real estate, etc, you can access blockchain apps. But the question arises here is, are they safe? Which action are they taking to protect our data?

Blockchain In Mobile Application Market #infographic

The Ultimate History of Bitcoin

In simple terms, Bitcoin is a virtual currency or digital currency and this money can be sent peer to peer through a centralized network. Bitcoin has revolutionized the technology of  blockchain, people can send/receive money via a digital wallet and every single transaction is recorded in a public list called Blockchain. Bitcoin is not regulated by any bank or government; it is controlled by a highly intelligent centralized system where each transaction is tracked.

In 2008, a person or group using the name Satoshi Nakamoto published a paper on bitcoin and in 2009 Nakamoto mined the first bitcoin. To this day the identity of Satoshi Nakamoto remains a mystery because several groups and people claimed to be Satoshi Nakamoto, but none have been satisfactory enough to be viewed as conclusive. On 17, December 2017 Bitcoin skyrocketed to an all time high of of $19,783.06. Through this infographic let’s visualize the amazing journey of Bitcoin.

The Ultimate History of Bitcoin #infographic

How Blockchain Will Revolutionize Education

When refugees flee war-torn nations, they often leave behind any evidence of their achieved identity and level of education, making it almost impossible to find job in the field of their biggest talent when they are eventually resettled.

There is a potential for using blockchain technology to store information such as college transcripts and identity information so that there is still a chance to retrieve your information for future use when the worst happens.

How would you ask for a transcript from a college that doesn't exist anymore after all?
There are many other blockchain apps in education. There are massive open online courses that can be found on the blockchain, studied and registered. There are also systems that reward individuals who study stuff for online learning with tokens like cryptocurrency to make a kind of carrot on a stick.

How Blockchain Will Revolutionize Education #infographic

Factors Revealing the Future of Accounting Firms!

With an imminent rise in technology, everything has been evolved, and businesses are not excluded from this phenomenon. However, do you know the impact of the latest technology on the accounting sector? Well, accounting is a pivotal aspect in every business organization, and every owner is concerned about their financial position in the market.

Businesses often find accounting a challenging task as it includes a lot of manual processes such as bookkeeping data entry, bills management, etc. But in this modern era, managing books have become quite more effortless. Technologies like AI, Blockchain, RPA, and a lot more are revolutionizing the repetitive accounting tasks immensely and improve the quality of CPA firm accounting services.

According to researchers, accounting firms are facing some challenges while adopting these tools. Therefore, here is an infographic sharing some useful information concerning the future of the accounting industry.

Factors Revealing the Future of Accounting Firms! #infographic

4 Practical Applications for Blockchain Technology

We are discussing many cryptocurrencies on our blog, but that's only the tip of the iceberg in the many practical applications of contemporary blockchain technology.

We have earlier brought together some specialists to provide insights into blockchain technology and its future. Generally, the idea is that, although it is slow, implementation of the blockchain infrastructure will cover nearly all funding because of its many benefits.

Its technology will also allow decentralization and open sources to overturn technology titans like Facebook and Uber and to uniformly split the ecosystem's hazards and benefits. As far as the future of cryptocurrencies is concerned, it will mostly advance in developing countries where crypto can add value and enhance practicality as compared with fiat currencies.

Blockchain's uses and apps do not limit themselves exclusively to the crypto-currency sector or any special trade. Decentralized blockchain systems can transform people's way of doing company in many respects.

This new technology will eventually explore how individuals build agreements, vote, send cash and even identify themselves. Consider the different practical apps in the blockchain which could increase the industry across the board.

4 Practical Applications for Blockchain Technology #infographic

How Boundaries Can Help the Blockchain to Scale

The blockchain offers a long overdue upgrade for our changing economy. However, the world isn’t quite ready for broadscale blockchain adoption. The technology is still in its relative infancy, and to reach its true potential the blockchain must be able to successfully replace existing systems while also operating at meaningful scale.

Today’s infographic comes to us from eXeBlock Technology, and it explores how good blockchain governance can help solve the pressing challenges around blockchain adoption and implementation, including the ever-present issue of scalability.

How Boundaries Can Help the Blockchain to Scale #infographic

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