Brazilian Bank To Trial New Blockchain Digital Wallet in Sao Paulo

Banco Bradesco, one of Brazil’s largest banks, is planning to trial a new digital wallet and mobile finance app that leverages blockchain technology for payments and money transfers. The trial will take place in Paraisopolis, a neighborhood located in the southern area of Sao Paulo. The solution was developed by domestic startup eWally. eWallet was one of…

Why nobody likes your ICO

Rejection can be harsh, but understanding why nobody wants to jump on your ICO is the first step in transforming your luck Initial Coin Offerings, aka the not so humble ICO, are big business. In 2016, more than US$200 million worth of cryptocurrency investments were raised though ICOs, rising to $1.5bn in the first half…

The secret to startup success

Photo credit: From left to right: Ivo Detelinov, Vice President & Head of PE Fund, Riyadh Taqnia Fund, Hasan Haider, Partner, 500 startups, Joe Peterson , CEO of Sure Inc, Promoth Manghat, CEO, UAE Exchange, Nicholas Watson, Managing Director, Naseba Economically speaking, 2017 has been a rollercoaster year. From political fallout in the currency markets, to…

Boosting private equity and venture capital in KSA

Saudi Arabia’s high dependence on hydrocarbon revenues needs no introduction. However, in a quest to divorce from its traditional sources of income, the Kingdom is investing heavily in strategic sectors, including R&D, education, medicine and emerging technologies, while privatising many state owned assets, including Saudi Aramco. To put Saudi Arabia’s diversification into context, the new…