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Investment Funds for 2020 | Index Funds Centralized Decentralized and the Blockchain

Investment Funds for 2020 | Index Funds Centralized Decentralized and the Blockchain

On the outset, this article has been written to put in perspective Index Funds as we know them, which new kind of Index Funds are developing with Cryptocurrencies (Digital Assets) and what developments are taking place in the Global Capital Markets with Blockchain developments.

This is an easy to read summary to ensure anyone that wants to invest in their future understands the options available to them in our rising digital era. I am not a Financial Advisor, (Full Disclaimer provided) and research drawn from in the Reference.

What is an Index Fund?

Index Funds are Basket or Bundle Funds. A Fund Manager, Brokerage or Investment Bank creates the Index and can Manually adjust the assets inside the suite. The spread provides low-cost entry for investors with a “not all my eggs in one basket” feel. Diversification like this provides for instant exposure to a wide array of assets. It is really the easiest option for anyone to enter the market. In fact, most Brokerages rely heavily on Index Funds as their foundation to ensure stability to their clients.

Who is it for?

Index Funds are for anyone! You need a basic understanding of what a Fund means and a transparent relationship with your broker or brokerage. If you are more salted and like researching like me, you will get to know most of the Suite’s assets and question evolving new ones.

Index Funds are therefor seen as Low-Risk Investments. As a Long-Term approach, Return on Investment has been around 10% for the prominent larger funds like the S&P 500, but do bear in mind in Short Term frameworks markets can and do fall.

What are your current options?

This is where it starts getting interesting.

Institutional Index Funds

Here are some Examples of Global Traditional Index Funds

– Fidelity ZERO Large Cap Index / Analysis: https://www.bloomberg.com/quote/FNILX:US

– Vanguard S&P 500 ETF / Analysis: https://www.bloomberg.com/quote/VOO:US

What New Options are Available?

Cryptocurrencies/Digital Assets/Tokens – USDT/DAI/$ Funds

Here are some examples of The New Digital Era Funds

– Revix (Centralized)

Revix is an all in one Bundle Fund. The same principle as the Index Funds apply. The Revix team just said, “Hey wait a minute, if the world is going to be changing its financial structures in line with the new Digital Era, well then we are going to make it easy for anyone to participate or invest into that.”

So they decided to put together Bundled options of Top Ranking Cryptocurrencies.

Their mythology behind the screening of the spreads they Bundle: Top 10, Payments, Platform & Privacy. The Bundle Funds are rebalanced and reassessed every month. The Funds are hedged with USDT Tether Stable Coin to assure stability and growth in the Bundles.

This is plain and easy investing in a developing Digital Currency Market. The keyword here is DEVELOPING, as from where I am sitting DEVELOPING Financial Infrastructures mean that in a few years’ time these will become the Developed Financial Infrastructure, “ I like to be at the beginning of things”, rather than feeling that I lost out and saying “aaah I should have done that a few years ago”

As per our Traditional Index Funds, this should be approached with a Long-Term Vision. Scaling is the probability and it will be that positive torrent of events that will see Cryptocurrency take center stage.

– BURNR (Decentralized)

Now let’s look at BURNR. The BURN Token takes the Swapping/Trading of Cryptocurrency to a whole new level. This platform involves a little more work, but usually with a “bit more input – comes a bit more output”. The same principle applies – it’s a Fund with a Suite of Tokens or Cryptocurrencies. The New intricate part of it is BURNR Token, it holds its own Ecosystem of Tokens, written in Smart Contracts on the Decentralized Blockchain of Ethereum.

That’s a mouth full I know! What it means is that BURNR Token was created to Re-Balance a Deflationary suite of Tokens that can only Increase in Value with every single transaction that takes place! This is done via Audited Smart Contracts on the Immutable Decentralized Ethereum Ledger.

So, how do we make BURNR do more Transactions = More Value?

With BURNR and The Burn Token, you need to do a bit more work yourself – “The Hands-on Approach”

Like with Traditional Funds where the Broker or Brokerage is hands-on, Picking the Stock they want in the Basket or Bundle, so the BURNR Fund has created its own set of working stocks to re-balance.

“Hands-on Approach” – Well here you become the Broker – True Mission of indulging in your own ROI! That sounds very romantic but obviously a bit more intricate. At this stage, you need to learn more about how to buy and sell/trade/swap Cryptocurrencies. If you know the basics, then it is probably a good time to dive in a bit deeper. This is Decentralized territory, which means YOU are in charge of your money!

Global Changes going forward?

Here we have to look at the “BIG BOYS” the large trend-setting Corporations that everyone will look to and say, “Well if they are doing it then so must we!”

R3, Corda & Hyperledger: The Financial Industries Benchmark to New Digital Finance – yes really!

In short “R3 is an enterprise blockchain technology company. It leads an ecosystem of more than 300 firms working together to build distributed applications on top of Corda for usage across industries such as financial services, insurance, healthcare, trade finance, and digital assets. It is headquartered in New York City.”

R3 is setting out to create a new global capitals market powered by Digital Assets on the Corda Blockchain. The Corda network focusses on the evolution of Blockchain operating in a highly regulated space. Digital Assets can be categorized in three main sectors of evolution:

– Cryptocurrency Revolution (past)

– Enterprise Blockchain Revolution (past/present)

– Digital Assets Revolution (present)

It is the Digital Assets (Smart Contract Tokens) that will Automate Financial Services combining “old” and new to perform unparalleled investment capabilities. On Corda the Tokens are split into four categories:

– Depository Receipt

– Native Asset

– Consumer Tokens

– Payment Tokens

Note that the same principle applies throughout, it’s still a Fund, Bundle or Suite with Assets either managed or coded to do what we want them to do. Serve humanity in the interest of Financial Services, Insurance, Healthcare and Logistics to name a few with an improved model of value.

Conclusion:

The “New” Blockchain Revolution has started, integration into Global Capital Markets has begun. R3 is leading the way in bridging the gap between the new Digital Assets, Banks, Law Firms and Exchange Groups.

It is however very important to note how the Smaller Entrepreneurial Enterprises like Rivex and BURN can provide similar solutions in a more personalized fashion. From an investment point of view, Rivex and BURN are certainly on the right track leading by R3 ‘s example in their own right.

Bringing us back to Index Funds, well R3 is seeking to find solutions to integrate the two worlds, Rivex and BURN seek to capitalize on the Digital Assets Market that has not even started yet. Options are really there for the taking.

Leave some comments, Share and Like to let me know what you think!

Morne Olivier

Reference:

Inthanon Phase 2: Enhancing Bond Lifecycle Functionalities & Programmable Compliance using DLT

Ethereum DEFI ecosystem

Building Value with Blockchain Technology: How to Evaluate Blockchain’s Benefits

https://www.bloomberg.com/

https://www.bloomberg.com/africa

https://www.bankrate.com/investing/best-index-funds/

Women in Blockchain: Sam Shrager of BCB Group

linkedin.com/in/samarmour

Sam recently left her position at NKB Group Financial Services, an investment banking firm for the digital world.

Q & A with Sam Shrager | Head of Marketing BCB Group

Q 1 Give us a summary of your background and how you got into Blockchain & Digital Currency / Cryptocurrency?

A 1 I’d been working with a start-up who had moved into the blockchain and crypto space as a result of re-working a global content app to a model supporting crypto payment options. One of the investors was also founding a blockchain investment bank and recruited me to run digital marketing and learn more about the space alongside the team. I started to work with the advisory team on ICO projects and advising them around PR, marketing and as the ICO market has dwindled, I’ve focused more on content creation, profile and community building for the main NKB brand.

Q 2 Tell us about your current position, responsibilities and some day to day activities that you look forward to?

A 2 I love checking in on the news flow every day and seeing what angle we can comment on, via the usual channels as well as on the great community (WhatsApp / Telegram) channels out there. It’s very exciting seeing the developments in the space and getting out there to wave the flag for the NKB team and our services.

Q 3 If you had to be critical about yourself, which part of your career would you like to improve on?

A 3 I wish I’d had the opportunity to use my German language more in roles and had worked abroad for longer.

Q 4 What advice do you have for children/youth (10–18 years) today especially young women regarding the Blockchain world? How do we nurture interest in this new Technology?

A 4 There are a few things that women should be aware of in the blockchain space to thrive. If you are not of a technical background, do not get discouraged thinking that in this space you can only become successful if you are a developer. There are a lot of roles evolving in the ecosystem that can suit a variety of backgrounds and skillsets well.

Broader advocacy initiatives around the sector will also help. University efforts are particularly important — There are some amazing efforts coming out of Oxford Blockchain Group and hope other universities can catch up. In addition, I think secondary schools in the UK are really addressing this area — for instance, I was recently approached by my daughter’s IT teacher to give a talk and information about blockchain to her A’Level students who were studying a module on this. Even for kids as young as 12 and 13, the schools are addressing blockchain and cryptocurrency in their IT lessons, which is extremely encouraging.

Q 5 What kind of skill set would you be looking at in job applicants?

A 5 Ability to learn fast, adapt and pivot to new opportunities and openings and an understanding of the importance of networking and digital.

Q 6 Blockchain to me is a forward-thinking force of snowballing Technology, but where I’m from a lot of people still see Bitcoin as a scam. How do we bridge the gap between technology and people that are skeptical about it?

A 6 This space is still very immature, which means that there is a risk of participants who do not necessarily operate ethically. As the market matures, I think it will become more and more important that individuals from traditional capital market backgrounds, with the right governance experience, come and join the market to raise standards around investing in blockchain and crypto projects.

Photo Source

Q 7 Can you please provide the details of an educational facility that is in your area or country if anyone reading this article decides to find out more about Blockchain.

http://www.oxfordblockchain.net

Homepage

Q 8 What is your current opinion on the Digital Assets (Cryptocurrency) market and share with us your opinion on where you think this technology will take us?

A 8 The wild fluctuations in 2018 — that was a classic bubble scenario. On the positive side, it brought a lot of interest and broader awareness into this space. On the negative side, the excesses of the bull market inevitably meant perhaps overly negative sentiment that we found ourselves in at the end of last year. This is nothing new though, and over history, this has played out many times with various assets.

The gradual building of the infrastructure continues, and so does the arrival of institutions into this space which is very encouraging.

I think there will be mass adoption of the technology but I do think, however, that most likely it will take much longer than we think. We are probably talking over three-five years, rather than one-two. But in ten years’ time, I’m sure that most of us will have various assets on the chain — from property to art and more.

Q 9 What new exciting projects are you currently working on or planning?

A 9 We’re running our inaugural Blockchain Investor Forum early next month, which will bring together investor and innovative blockchain companies, where a small number of hand-picked projects will present to a panel of investors, viewed by a larger audience from the industry. This is very exciting and we hope to roll this out to a series of such events across the year.

Q 10 What is your favorite Blockchain project and why?

A 10 Nebula Genomics, who are building a better world within healthcare by allowing individuals to take control of their health data by collecting and owning it, and being able to securely share it for a reward, which allows the acceleration of medical research and contribution to science, all while getting unique insights into our health.

Klaytn's Governance Council: Bringing Enterprises and Institutions Together on Blockchain

In part 1 of our interview with Zachary Keats of Klaytn, Kakao’s blockchain development arm, we explored Klaytn and Kakao’s dominance in the online and digital community in South Korea. Although Kakao gives Klaytn a large audience and participant pool in South Korea, what other attributes does Klaytn have that makes it an exceptional blockchain?

Klaytn: The hybrid blockchain with PBFT

While elaborating on the Klaytn blockchain, Keats first mentioned the ‘hybrid design’ of Klaytn, “Klaytn is a hybrid of a public and private blockchain, so we have made some compromises to our decentralization in order to improve scalability and performance.”

Keats also explained the performance improvement brought by Klaytn’s hybrid design, “The transactions and consensus are using the PBFT algorithm which is done privately within when the blocks are confirmed, and then they are sent to the public. The hybrid structure works with private blockchain for achieving consensus propagating blocks, but then relaying it to the public blockchain network.”

Klaytn adopts the trust model of private consensus with public disclosure. A smaller group of consensus nodes (CN) executes BFT consensus in a private network that is surrounded by a larger network of permissionless endpoint nodes (EN) to access block generation results. He added, “With this current hybrid method, I mentioned, achieving one second block time with finality, because we have the node operators that are doing that privately, then reaching transactions per second of about 4000.”

Klaytn’s governance council

Klaytn’s governance is similar to Libra’s consortium governance style. Klaytn is putting together groups of trusted, large enterprises with users and applications to move to the blockchain, where reputation is put on the line.

“We have achieved a very successful result of about 26 different enterprise partners governing our platform,” said Keats. Starting with governance, these large enterprises are running nodes on our platform. “Our 26 enterprise nodes are made up of Kakao companies and other large players such as LG and major gaming companies, including Netmarble.”

Originally, Klaytn did not invite any blockchain or crypto companies to be a part of the governance council. The original idea was that the governance council should have real users that are very trusted have a strong reputation, and are interested in blockchain. Binance is a large brand with many users, fits all the criteria, and is “very ambitious.”

As Binance is also very familiar with blockchain, Klaytn has invited the company to their governance council and is looking to inviting more players to join the council in the future. Keats stated, “With Binance, I believe there are a lot of ways we can collaborate in, including co-investments, perhaps DeFi, and we will be looking into how we can apply these new initiatives to the new markets. We haven’t announced specific projects with Binance yet, but we will be exploring these potentials together.”

“We’re very excited about the governance council that we have put together — having gained validation from other players who are trying to do the same thing, including Libra and Hedera Hashgraph. I believe the future is bridging traditional enterprise to this new technology, and we shouldn’t shy away from the centralized enterprises, because we need them and their users to be taking on blockchain to use on a regular basis. This kind of cooperation model of bringing groups of enterprises and other institutions together is the next way we move forward.”

Klaytn’s transparent evaluation and incentive mechanisms

Keats introduced the Proof of Contribution and Klaytn Improvement Reserve (KIR), Klaytn’s transparent evaluation, and incentive mechanisms and described them as that they are similar to government program models. “If you think about Klaytn as an economy, as the government of that economy, in order to stimulate certain good behaviors, growth, infrastructure improvements, we have to make some programs to encourage people to do those kinds of initiatives.”

Proof of contribution is a growth stimulus package for small businesses or startups and DApps to get certain rewards for showing that they are contributing to the volume of transactions, activities, and new users to the Klaytn chain. This is to ensure that there will be the right amount of services and users to the chain. With this program, Klaytn can provide extra token incentives to those who are contributing to the Klaytn economy.

The KIR is intended to generate positive economic externalities. “As a token-based incentive program, we are focusing on encouraging participants to build services that benefit the ecosystem, with infrastructure layers or wallet layers – this type of improvements to the Klaytn platform, which does come at a cost for a participant’s time and resources,” said Keats. “We strongly encourage the development of these services to improve the experience for all of Klaytn’s users.”

President Xi’s statement on blockchain – what does it mean for the industry?

Keats commented on President Xi’s statement on blockchain and said, “The announcement was virtuous and positive for blockchain technology overall. As there a lot of players and investors in China, any push to bring more awareness to this technology is beneficial. President Xi’s commitment to blockchain for China is nothing but positive as it increases overall awareness.”

“Looking at Libra, it has come out and stumbled a bit, and lost some of their major node operators. Although that is a setback, it still brings greater awareness for blockchain overall.”

US SEC Commissioner Proposes 3 Year Securities Law Exemption for Crypto Projects

United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has doubled down on her recent suggestion to provide decentralized network developers a safe harbor and has now submitted a formal draft proposal.

On Feb. 7, Peirce spoke at the International Blockchain Congress in Chicago and outlined her token safe harbor proposal which would gran blockchain projects a three-year exemption for US securities laws.

Regulatory uncertaintyDespite the outcries of regulatory uncertainty within the US blockchain and crypto space, the SEC has maintained that they likely fall under US securities laws. The SEC has punctuated this stance through enforcement against high profile projects like Telegram and EOS provider, Block.One who was fined 24 million dollars for its ICO offering.

As the SEC has shown an increased willingness to act severely against companies selling tokens and regulations still lack final clarity, many US crypto project move their operations out of the country.Presidential candidate, Andrew Yang recently discussed how the mess of regulations in the US is stifling innovation. He said, “Right now we’re stuck with this hodgepodge of state-by-state treatments and it’s bad for everybody: it’s bad for innovators who want to invest in this space. So that would be my priority is clear and transparent rules so that everyone knows where they can head in the future and that we can maintain competitiveness.”Terms of safe Harbor for token projects

According to Commissioner Peirce’s safe harbor proposal, a three-year reprieve from securities law should be granted to developers and projects that can demonstrate they are raising funds and making progress towards an open-source network. These projects will be required to make full disclosures regarding their raised funds to the public.

Peirce highlighted that the benefits would allow developers to fundraise, investors to access more detailed project information, and innovations in this emerging technology would stay in the US.

Image via Shutterstock

FC Barcelona Enters the Crypto Space with Blockchain-Propelled Fan Engagement Platform

FC Barcelona, one of the most successful and envied football clubs in the world, has partnered with Chiliz, a fintech firm, in the provision of a blockchain-powered fan-engagement platform. The tokens to be offered are anticipated in the second quarter of 2020.

Over 300 million fans given more authority via blockchain

FC Barcelona has over 300 million fans globally, and they are expected to benefit from the tokenized engagement platform.

Through the partnership, FC Barcelona will benefit from the Barca Fan Tokens (BAR) created by Chiliz on its social mobile app known as Socios.com. Expressly, the BAR will enable supporters to take part in different polls and surveys about the daily activities regarding the club. For instance, they will be in a position to choose the kind of music to be played in the stadium whenever FC Barcelona scores against an opponent.

Fans will be able to purchase the BAR through an innovative procedure called Fan Token Offering (FTO). Periodically, they will be in a position to collect the BAR and Chiliz digital currency ($CHZ) for free through Token Hunt, an augmented reality feature housed by Chiliz.

The founder and CEO of Socios.com & Chiliz, Alexandre Dreyfus, noted, “We are very excited to welcome FC Barcelona to Socios.com, and even more excited to start engaging with their massive fan base around the world. With over 300 million fans worldwide, Barça’s fandom spans countries as well as cultures.”

He added, “The Club is without a doubt the most renowned and the most supported football club in the world, and we can’t wait to see their fans start to influence Club decisions. Adding FC Barcelona fans to the Socios.com global community takes us one step closer to our goal of mainstream adoption of blockchain.”

By leveraging on fans tokens, FC Barcelona seeks to propel the inclusivity of its worldwide fanbase in vital decision-making about the club.

Chiliz embraced by various football clubs

FC Barcelona becomes the ninth major team to join Chiliz’ Socios.com. Other notable clubs that have already adopted fans tokens via this platform include Italian and French footballing powerhouses Juventus and Paris Saint-Germaine, respectively.

Dreyfus acknowledged that since the fan tokens were floated in December 2019, nearly 110,000 users have joined and buying on average coins worth $20 USD.

Football clubs are not being left behind the crypto bandwagon. For instance, English Premier League heavyweights Manchester City tokenized its players via Superbloke in August 2019.

Image via Shutterstock

Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins

Nifty, a centralized USD-based exchange for non-fungible tokens (NFTs), has announced that the Nifty Gateway 2.0 upgrade is live as of March 17.

The platform was bought by Gemini, the crypto exchange and custody provider owned by the Winklevoss twins, in late 2019.

According to the announcement, Nifty Gateway 2.0 is the first USD-based exchange for NFTs, also known as Nifties. All services are available to users globally with the exception of withdrawal to fiat currency, which is only available to US users for the time being.

New NFTs Will be Listed Cautiously

With the revamped marketplace, users can put NFTs up for sale in USD, but Nifty has declared it will be taking a “slow and intentional” approach to approving any new token listings.

Per the announcement, “You may also deposit NFTs from other projects and put them up for sale on the marketplace — however, for the time being, we will be slow and intentional about which NFT projects we support, so that we can handle the volume, and deal with any fraud issues that may arise.”

What are Nifties?

Unlike traditional cryptocurrency like Bitcoin, nifties are unique cryptographic tokens that represent a specific asset on the blockchain.

Leveraging blockchain technology, gamers can use nifties to trade and buy interoperable digital collectables, such as dances, skins, and in-game items. This approach can, therefore, propel the value of virtual goods.

Tyler Winklevoss, the CEO of Gemini, acknowledged: “Non-fungible tokens and the digital goods (collectables) will play a major role in the next era of the digital economy. They are the perfect form factor for crypto-collectables, crypto-art, and much more – laying the foundation for entirely new multi-billion dollar industries to emerge.”

He also added: “We’re excited to be working with Nifty Gateway to extend the reach of crypto across other concepts and build a bridge between NFT creators and the growing ranks of everyday consumers looking to purchase them.”

Conversely, Nifty Gateway’s co-founder, Duncan Foster, noted: “Nifties are a fundamentally new type of digital good and are an important tool for ownership as our lives move more and more online.”

FC Barcelona Fan Tokens Worth $1.3 Million Sold Out in Two Hours

The big football clubs are promoting blockchain integration with the development of blockchain-based fan tokens.

Following the emergence of fan tokens, FC Barcelona has sold out its first Barça Fan Tokens (BAR) of 600,000 recording a sale of $777 in less than 2 minutes. This milestone was announced in a tweet by Alexandre Dreyfus, CEO of Socios and Chiliz.

The approved websites in charge of the token sales saw an unusual surge in demand for them. Tokens which were bought by fans from more than 106 countries mark another milestone for the club, and Dreyfus’ establishments.

The Need for Club Fan Tokens

Barça Fan Tokens are a virtual asset with a predefined value and are designed to enable purchases, sales, and other financial transactions. They provide related values when compared to traditional fiat currencies. As tokens are already being used for an extraordinary range of purposes, a growing number of specialized blockchains have been developed with native intent to support them, the most popular of which are Ethereum and their ERC standard tokens.

The evolution of Barça Fan Tokens will help show true membership all over the world. Since the world has become a global village with the emergence of the digital age, fan tokens will promote more direct participation in the club’s affairs by fans all over the world. The first set of direct involvement the Barça Fan Tokens will go into creating a perfect mural design for FC Barcelona’s locker room.

Surge in Football Club Fan Tokens

Barcelona is trailing France based Paris Saint Germain (PSG) and Italy’s Juventus in launching a blockchain-based fan token. With increasing interest in these tokens, a new niche of blockchain customers will be founded, and this will lead to a massive adoption of blockchain technology.

Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials

The Chinese police arrested a crypto scammer gang in Wenzhou that reportedly swindled $14.3M in cryptocurrencies.

The gang, which was made up of Chinese graduate classmates, operated by reaching out to victims through Telegram group chats, one of which was called “Huobi Global Moving Brick Arbitrage HT Chinese Group Community.” By posing as the global investment group and with the help of devised marketing schemes, the fraudsters advocated the use of “smart contract” blockchain technology in order to invest their “clients'” money.

They claimed that the blockchain smart contract could generate Huobi Tokens (HT) – the official coin of the cryptocurrency exchange Huobi. The criminals told victims that this investment would enable the latter to earn an 8% return via arbitrage.

The fraudsters convinced individuals to transfer Ethereum coins to a designated web address, after which the client would be compensated with 60 HT. They posed as investors and they told interested participants that all they needed to do was send their crypto coins to a fake Huobi wallet address, after which the victims would receive the promised HT tokens in return. Instead, it was reported that individuals falling for the scam only received a fake HT link in return. One victim came forward and filed a complaint to the local police. He told them:

“Simply put, you send one unit of Ether to a designated account, and they send you 60 HT. If you sell it, the profit you gain is around 8%.”

After investigating the criminal case for more than a month, Chinese police officers finally managed to locate the scammers. During their raid, officers arrested 10 suspects residing in a luxury villa and a commercial house in the Cangshan District of Fuzhou City. The police also seized real estate property, two luxury cars — a Ferrari and a McLaren — estimated to respectively be of $430,000 USD and $570,000 USD in value.

Bitcoin and Ethereum win sentiment scores

With cryptocurrencies on the rise, hackers and fraudsters have been quick to use this to their advantage. Ethereum, Litecoin, Bitcoins, and Zcash appear to be popular choices used in fraudulent activities. Though cryptocurrencies are relatively safe and secure, the guaranteed transparency of them can sometimes be problematic.

A random sample population surveying whether people generally had a positive or negative outlook on cryptocurrencies found that Bitcoin and Ethereum generated the most positive outlooks, while Binance coin received the highest sentiment rate. Eleven cryptocurrencies were used in the experiment.

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT

COSIMO Ventures, an investment firm situated in Boston and Dublin, recently announced that the Rochester Institute of Technology (RIT) has endorsed them with a seven-figure investment.

The company disclosed in a recent securitized announcement with Blockchain.news that the venture capital firm was working on developing their new blockchain-focused tokenized trust, dubbed COSIMO X.

Managing Partner of COSIMO Ventures, Robert Frasca asserted that this was the first time any university in the United States had ever directly invested in a tokenized venture fund, making RIT the first university to hold a direct tokenized economic interest in a digital security firm. He also went on to express on behalf of COSIMO Ventures that with RIT’s funding, the investment firm hoped to achieve new heights of growth and breakthrough in the development of decentralized software protocols.

The Managing Partner also backed the newly instilled blockchain-focused tokenized fund—COSIMO X—and expressed this as a great opportunity of growth for his firm’s investors:

“We believe that the growth that we can foster as an investment firm will be what really resonates with our investors. Once the market fully understands the benefits of tokenization as it relates to fund investing, a structure like ours might become the market standard.”

Blockchain Future Powered by COSIMO X

COSIMO X, the blockchain-driven fund developed by COSIMO Ventures, is focused on investing in emerging businesses that utilize digital assets and blockchain protocols. Through these means, they hope to fuel and help the growth of the emerging digital economy. With exposure to companies working in regulatory technology industries, new digital asset creation sectors, and market infrastructure platforms, the COSIMO X fund is focused on utilizing financial technology as a tool to revolutionize and dominate the market.

COSIMO X Tokens, which are utilized on the blockchain platform, are representative of economic interest in the evergreen fund in this case and are found via the Securitize powered COSIMO X website. The tokens can be purchased by institutions, international investors, and US accredited investors.

Ethereum and Venture Capital

With fintech on the rise, startup companies that are funded by venture capital firms are integrating blockchain platforms more and more into their business ecosystem. As reported by Leadblock Partners, Ethereum seem to be a popular choice among European blockchain startups. Companies favor this particular blockchain network, because it offers robustness, scalability and overall stable architecture.

Samsung Adds New Crypto Feature to Their Devices with “Stellar” Blockchain

Samsung device users can now securely store the private keys of their cryptocurrency wallet on their phone, with a recent add-on feature by the Stellar Development Foundation (SDF).

Stellar Feature for Samsung

Stellar, an open-source blockchain network developed by the SDF, has now been added to the Samsung Blockchain Keystore. The blockchain platform was developed by the non-profit organization in 2014. SDF’S ultimate goal is to revolutionize the digital economy by empowering Stellar users and making cryptocurrency trades more fluid and markets more accessible for investors.

The Stellar wallet and Blockchain Keystore is restricted to certain regions and only work on certain Samsung Galaxy Smartphones, which are currently Galaxy S20 Series, Galaxy Z Flip, Galaxy Note 10 Series, Galaxy Fold, Galaxy S10 series.

The importance of Private Keys Security

The Stellar platform adopted by Samsung will enable the management of private keys in a more secure and user-friendly way. This is groundbreaking for the blockchain community as well as for Samsung lovers since there has been a gap between technology lovers and cryptocurrency investors that developers have been hoping to narrow. By merging the two markets, finance and technology, cryptocurrency may see a rise in adoption and popularity.

Samsung “Blockchain Keystore”

Samsung GalaxyS10’s launch last March was particularly interesting for the crypto community, as the company introduced the “Blockchain Keystore,” which offered a selection of cryptocurrencies ranging from Ether tokens to Bitcoins.

The newly added crypto features were made available on Samsung S10, Note10, and Note10+ phone models. Their usage availabilities are however only available in certain countries, which are South Korea, United States, Canada, United Kingdom, Germany, Spain, and Switzerland.

How Secure Are Your Software Wallets?

While software wallets that store private keys have been an available feature for phone and computer ware for quite some time, they have often had issues with proper security, as device sharing is common in the tech industry. Consequently, that can often result in applications “eavesdropping on the software” and stealing private keys. Once that happens, those in possession of the private keys have full control over a given investor’s digital assets. Cryptocurrency funds are from then on forward hard to recover and seldom successful.