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Author: Mike

Tech Startup Trends To Look Out For in 2018

If 2017 was the year the bitcoin market started to resemble a Dodge City saloon on party night, 2018 will be the year the sheriff rides into town. Just when you thought you could launder your ill-gotten gains safely with a bitcoin wallet, along come a bunch of start-ups aiming to bring order to the wild west that is bitcoin and blockchain development. And possibly get rich in the process. In 2018, blockchain and bitcoin startups will be good guys Let’s begin with a start-up aiming to keep law enforcement up to speed with crypto money movements. Elliptic tracks dodgy bitcoin flows, crunches the data, adds its own intelligence and provides the resulting information to law enforcement and financial regulators. Want to know how much money the Wannacry virus made? Elliptic can tell you this and plenty more. Their series A fundraising round got them $5m from just four investors. GUTS is not as you might think, the latest medical app. Launched last month by means of an Initial Coin Offering (ICO) which raised EUR 6.3m, it’s a blockchain-based smart ticketing application which prevents ticket fraud – the Guaranteed Unique Ticketing System. Meanwhile, whistle-blower and privacy campaigner Edward Snowden, no less, is backing the Brave browser developed by Brendan Eich, founder of Mozilla. This promises to reward publishers for content by using the $BAT – or Basic Attention Token....

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Tech Start-up News for December

The tech start-up news certainly hasn’t tailed off in December. In fact this month has seen one of the most remarkable start-up stories of the year. Or ever in fact. Needless to say, a lot of current tech start-ups are “fintech” companies – they’re involved in financial technology, in particular all things cryptocurrency and blockchain. All start-ups hope they have that a disruptive, world-changing tech idea that is going to make their fortune but few can really have expected things to turn out quite like Longfin and Ziddu this week. Ziddu uses blockchain ledger technology to make micro loans to businesses. Longfin is a fintech start-up that began trading on Nasdaq last week at $5 per share. Its business model is to create new trading systems for commodities. As soon as news got out that it had bought fellow start-up Ziddu, the Longfin stock soared to $126. Of course this has a lot to do with the current Bitcoin mania but the fact that start-ups are now being drawn in may prompt quite a few that are currently in stealth mode, to rush to market. Meanwhile in the (slightly more) real world, phone maker Samsung has asked Renovo Auto, a Silicon Valley start-up, to help it develop an operating system that integrates the software needed to run a fleet of shared driverless vehicles – what we used to call...

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