DigitalX Limited (ASX:DCC)

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Our contributors are often the first ones on the big new ideas e. You can understand my surprise then, when the stock tied for 13 th place with 25 tips, was one that was entirely new to blockchain stocks australia.

They provide a corporate advisory for companies wishing to undertake an ICO Initial Coin Offering and a broader blockchain consultancy service. The company also announced blockchain stocks australia that it would return to acting as a market maker on approved cryptocurrency exchanges. Of interest to crypto bulls, the company held Given the significant number of transactions the company was involved in during the December quarter, it will be interesting to see how much this has grown in three months.

The company has a surprisingly long history on the ASX, with nearly four years of trading history since it listed via reverse takeover in Upon listing init was initially marketed as a Bitcoin mining and trading operation. Throughattention slowly turned towards blockchain-based consumer fintech products.

Following the high-profile hacks of a number of Bitcoin exchanges and a significant drop in revenue, the trading and market-making operations took a back-seat to its consumer technology. After a seemingly difficult split between the company and its founders in latethe first half of saw continued focus on its consumer payments technology.

Later in the year, focus appeared to shift again towards the ICO market and its consultancy business. S-based President Neel Krishnan. Until he was an Investment Advisor at Euroz Securities, when he left to become a proprietary cryptocurrency trader for Digital X. The rise in Digital X seems to be a direct result of blockchain stocks australia interest in Bitcoin and cryptocurrencies at the end of last year.

The blockchain stocks australia of Digital X began to get moving around early October, and then went parabolic in early December, before pulling back a bit since Christmas — exactly the same thing could be said of Bitcoin or Ether.

Neither the author blockchain stocks australia Livewire Markets makes any recommendations regarding the companies mentioned in this article. Investors should receive professional investment advice from a licenced advisor before making any investment decisions. The author does not hold any positions in DCC and does not intend to initiate any. He is passionate about investing, with a particular interest in Australian small-caps. Adam, the company issued blockchain stocks australia detailed statement many thousands of words at the time, but their summary blockchain stocks australia the issue was: In preparing the working capital report, Grant Thornton, the independent accountant was required to factor in the reduction of blockchain stocks australia minted bitcoins released on the occurrence of block halving in Julywithout regard to the expected increase in bitcoin price.

History The company has a surprisingly long history on the ASX, with nearly four years of trading history blockchain stocks australia it listed via reverse takeover in Key quotes and take-aways Patrick Poke Livewire Markets. Weimin Xie MX Capital. Buy Hold Sell Livewire. Shane Fitzgerald Monash Investors.

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RFN wants to maximize these opportunities by accelerating the adoption of its existing products and by pursuing complementary value accretive SaaS and BaaS opportunities. With a solid management team fully-focused on taking this company forward, and supported by a key industry figurehead that has achieved results at previous tech stocks, RFN is a reasonably-priced entry into cutting-edge technology that has the world talking. One of the key blockchain experts alluded to above is Matthew Hamilton, who has extensive industry experience in the blockchain sector and brings valuable expertise including assessment of product offerings and territorial licensing opportunities to RFN.

Loyyal is a universal rewards platform built with blockchain and smart contract technology. RFN has recently announced a strategic investment and licensing deal with Loyyal as another key step in its accelerated growth strategy. However, it should be noted that RFN is an early stage company and investors should seek professional financial advice for further information if considering this stock for their portfolio. RFN is led by another recently appointed blockchain expert in new CEO Tim Lea who will help guide the company through this transformative time.

Combined with Non-Executive Chairman David Jackson who has a strong tech business building and blockchain leadership track record and Anthony Dunlop from ASX listed technology and blockchain investment company Chapmans Limited, Reffind looks to have what it takes to build a substantial and compelling blockchain led business giving investors exposure to a highly qualified and compliant blockchain growth story.

RFN plans to identify and acquire one or more entities and pursue blockchain commercialisation via one of three avenues: Architecture, Platforms and Customer-focused products. It plans to actively evolve the current SaaS free-for-all, into a higher calibre solution, capable of serving a wider range of customers and enterprises. RFN Be alerted as soon as an article is released - Join our mailing list.

Crowdfunding, asset digitisation, higher-grade security and greater efficiency-as-standard are just the first smattering of new tech solutions to be unleashed into the market over the coming years. In our last article , we delved into the details behind RFN, and why it could make some early blockchain-powered dollars. RFN is now at a crossroads with the next few months likely to yield significant business changes that will likely affect the company for years to come.

Progressing a business in a relatively new market requires nous and extensive expertise. Lea brings 20 years of senior executive and corporate leadership experience with a focus on banking and commercial finance in the UK and Australia.

He wrote Down the Rabbit Hole , a blockchain book designed to simplify the game changing proposition presented by blockchain. The appointment of Hamilton is significant for RFN.

As mentioned above, he has expertise as an advisor, investor and operator for blockchain solution providers and industry stakeholders. He is one of the rare breed who deeply understands the legal, accounting and regulatory framework behind this growing phenomenon.

He backs that up with extensive commercial relationships. RFN has agreed to enter into a binding term sheet with San Francisco-based Loyyal Corporation Loyyal for a strategic substantial equity holding in Loyyal of up to Details of the second tranche are yet to be released to market.

Not only will the investment make RFN the largest shareholder in Loyyal and give it board representation, it could also open up the market across the Asia Pacific region. That is a 4. Of course, how much of this market RFN is able to attract remains to be seen, so investors should take all publicly available information into account and a cautious approach to any investment decision in this stock.

Loyyal has been widely reported to be transforming the loyalty industry in a payments industry that has remained relatively stagnant. This investment could open up a wealth of opportunity for RFN as it continues, as mentioned above, to look at ways to increase its core offering. WooBoard is a peer-to-peer recognition platform which encourages employees to acknowledge and celebrate great work by their colleagues. It is social, interactive and uses gamification to boost user engagement and improve company culture.

The opportunity is now there to improve upon archaic CRM systems and deliver better ways to engage and retain employees. Through further development supported by investment in synergistic blockchain based technology, the WooBoard platform could soon become a significant player in the BaaS space. RFN will use the funds for additional working capital and for technology investment, in order to create a uniquely placed BaaS company offering bespoke services for a range of corporate clients globally.

The capital raised will be directed towards Customer Relationship Management CRM systems are a simple example of the first wave of functionality we could see from blockchain-powered tools aimed at the retail consumer. Other services such as peer-to-peer lending and online payments are also likely contenders. Blockchain is a distributed ledger technology that records real-time data into blocks and stores them for later recall.

Each time a block gets completed, a new block is generated. The blocks are linked to each other in proper linear, chronological order like a chain, with every block containing a hash of the previous block.

Each block containing the data is cryptographically hashed, using complex mathematical algorithms. The idea is to check the entire record for any sign it has been compromised in any way each time a new layer or addition is made. This ensures that the entire record cannot be tampered with or manipulated via technical arbitrage.

To give you an example of where distributed ledger technology is coming from, take a look at the following illustration:. Nothing is ever perfect, but ledger technology is a huge improvement on previous architecture and is already rolling out across various sectors. RFN want to enter the market with a slew of value-accretive acquisitions to hit the ground running regarding the commercialisation stakes in the new year. In the US and Europe, software and tech consulting services are two of the largest and fastest-growing tech spends.

Asia Pacific has not reached this point but is gaining ground. For the uninitiated, a ledger is simply a record of something, whether it be trades executed by traders, or financial transactions to buy goods and services. These three requirements — speed, security and functionality — are notoriously difficult to get right, but blockchain makes it all the more easier. With the world accelerating towards a future with decentralisation as its principle and digitisation as its bedrock, adding blockchain exposure to investment portfolios could be one of the most forward-looking investment decisions you can make.

Think AOL in the early s or Google in the early s. It was the Internet that put the fire under these businesses, and RFN hopes it can repeat the feat with blockchain in the 21 st Century. It will transform the way we conduct business, especially within the financial services and large enterprise space. RFN has now secured what it needs to lead the business through its next stage of organic and investment based growth, leveraging existing and Blockchain software.

This is a significant milestone in its ability to expand organically and rapidly grow in key international markets. The company does, however, remain a speculative stock so investors should seek professional financial advice before making an investment decision with regard to this stock.

Blockchain, or distributed ledger technology, has the ability to generate unprecedented opportunities to create and trade value in society. In the same way the internet facilitates direct exchange of information, blockchain facilitates direct exchange of value, without the need for a centralised intermediary, or a centralised server swamped with too many requests.

Notwithstanding the technology is still in its early stage of wide scale implementation, as infrastructure and enterprise adoption continue there is potential to drastically impact industries as diverse as finance, energy, media, gaming, real-estate and logistics. If you though Software-as-a-Service SaaS was a step in the right direction towards better collaboration and efficiency synergies on every corner, then Blockchain-as-a-Service BaaS promises to take this journey to the next level in terms of scalability and application.

Think hospitals, infrastructure projects, telecoms and even mining. All these functions and industries stand to be the first to benefit from what BaaS has to offer.

Given the overburdened state of government coffers, combined with the fact that organisations are facing rapidly growing data-handling issues due to a digital overload of content and metadata — it ultimately means that with more digital records being generated, comes a growing problem of keeping it all accessible and secure. Joining Raisebook will give you free access to opportunities not normally available to general retail investors — however you must qualify as a sophisticated investor under Section of the Corporations Act.

These opportunities are as diverse as stock placements, seed capital raisings, IPOs, options underwritings. Plus a whole host of other high risk, high reward investment opportunities not available to the general public careful — this stuff is high risk! The information contained in this article is general information only. Any advice is general advice only.

Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice if any is to those objectives, financial situation and needs, before acting on the advice. S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles.

As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain.

Blockchain Technology on the ASX: Interested in more investment opportunities? Check the box to receive ALL our alerts. Have you heard about Raisebook? Conflict of Interest Notice S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. Publishers Notice The information contained in this article is current at the finalised date.