Cryptocurrency And Blockchain Mass Adoption Is Half A Decade Away – Billionaire Michael Novogratz

Blockchain, News | July 20, 2018 By:

Michael Novogratz, CEO and founder of crypto investment firm Galaxy Digital, has predicted that mass adoption of blockchain and cryptocurrency is still half a decade away.

Speaking at the Beyond Blocks summit in South Korea, the Galaxy Digital founder said that while he is confident that many institutions will invest in the blockchain and crypto industry “in the next two to three years,” the mass adoption is “still five to six years away.”

“You won’t see mass adoption until the user experience does not feel like something new and that is still five to six years away,” Novogratz said.


HSBC Is “Cautiously Looking” At Cryptocurrency Use Cases

News | July 20, 2018 By:

Josh Bottomley, HSBC’s Global Head of Digital, said the bank is cautiously exploring cryptocurrency use cases.

In an interview with Forbes, Bottomley was asked about the bank’s approach to crypto. He said they are “cautious looking into this area”

“There’s a use case when you have a token or currency that’s actually useful for a particular purpose,


Crypto Exchange Huobi Creates Cloud Service To Facilitate Building Digital Asset Exchanges

Announcements, News | July 20, 2018 By:

Crypto exchange Huobi, the world’s third largest cryptocurrency exchange by daily trading volume, has created a new platform that will allow its partners to build digital asset exchanges.

Called Huobi Cloud, the platform aims to cooperate with global partners to promote the rapid and healthy development of the global blockchain industry,


Blockchain Payments Firm PayStand Selected To Participate In Class 8 Of Commerce.Innovated

Announcements, Blockchain, News | July 20, 2018 By:

Blockchain payments-as-a-service platform PayStand has been selected to participate in Class 8 of Commerce.Innovated, an accelerator designed to help commerce, payments and FinTech companies grow their businesses.

Based in California, PayStand is a B2B enterprise payments processor that digitizes their customers accounts receivable processes using blockchain technology.