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Alan Green discuss #KAV Kavango Resources, #ARB Argo Blockchain & #TM1 Technology Minerals on the Vox Podcast

Alan Green discuss #KAV Kavango Resources, #ARB Argo Blockchain & #TM1 Technology Minerals on the Vox Market Podcast

Is the hype finally over for Bitcoin, Altcoins and NFTs?

 

By Arjun Thakkar and Alan Green

Crypto volatility is back…and then some! Some investors called it downtrend others call it a cryptocurrency reset. The recent cryptocurrency crash wiped out nearly $1 trillion of wealth; Bitcoin fell by 30% while Ethereum dropped by 45% between Dec 2021 – Jan 2022. Although data shows 70% of crypto investors joined the market in 2021, the question everyone is asking is whether crypto market dilution and the uninitiated selling out is the reason for the downtrend, or rathermore is it due to new and better Initial Coin Offerings (ICOs) offering better value? It could of course be nothing more than a normal market correction? Let’s discover!

Theoretically, there is an inverse relationship between interest rates and the prices of opportunity costs such as stock prices, commodity prices and crypto valuation. Moves by central banks such as the Federal Reserve and Bank of England over the past few weeks have had a major influence on the financial markets. We now know that Russia is considering a ban on cryptocurrency and China has announced fresh regulations that include the banning of mining, a massive clamp down on ICOs, all of which has contributed to the huge sell-off.

Despite the fact that monetary policies and interest rates will affect prices in the short-term, the manner in which blockchain or cryptocurrency will be utilized in the future will largely determine its longevity and relevance. Financial institutions such as JP Morgan have started using blockchain technology for the security, speed and privacy of end-to-end transactions. It is already widely accepted that blockchain can be used to verify documents and speed up process with the help of smart contracts in industries like real estate or insurance.

Put simply blockchain and crypto currencies are here to stay. Governments and sovereignties including El Salvador have already adopted Bitcoin as legal tender, so the gradual recognition and acceptance of blockchain and cryptocurrency as legal tender seems almost inevitable despite the recent moves by the Chinese government and the Russian central bank to enforce regulations. But even the latest developments in Russia suggest that President Vladimir Putin and the Russian Finance ministry have changed tack and backed blockchain and crypto mining, albeit with measures to tax and regulate the crypto mining industry.

 

Altcoins

Despite the recent price correction and downturn affecting all cryptocurrencies, our view is that this is little more than a systemic risk and ‘healthy’ market correction. It is worth considering the individual performances (pre correction) of many altcoins such as Solana and Cardano, which have blasted onto the scene giving higher returns than well-known cryptos like Bitcoin and Ethereum. This despite both Solana and Cardano being built on Ethereum and relying on the Ethereum Blockchain to function.

The rising popularity of these altcoins is due to their improved functionality and their ability to facilitate smart contracts and host decentralized applications at a lower cost than giant rivals like Ethereum. Not only do they offer lower transaction costs but altcoins like Solana are faster and can handle around 50,000 more transactions per second.

 

Although Solana, Cardano and Ethereum can be used to deliver smart contracts, there are still questions over Bitcoin’s use and functionality going forward? Currently the primary purpose of Bitcoin is to facilitate the transfer of funds via a secure network, although it is worth noting that companies like Coinsilium (AQSE: COIN) (OTCQB: CINGF), are engaged in partnerships to build a Bitcoin marketplace for NFTs and to enable transition of RSK blockchain standard NFTs to other blockchain standard NFTs including Ethereum.

NFTs

Another burgeoning sector in the crypto and blockchain space is of course Non-Fungible Tokens (NFTs). These were hugely popular a few months back, and some were created by celebrities including William Shatner, Leonardo Messi and Justin Bieber. It does seem at the moment that some of the initial hype has waned so the question remains; are NFTs still a relevant asset class or were they just a flash in the pan?

Our belief is that although interest has waned in the short term, this has largely come about as a result of other major global events and developments taking centre stage as already outlined. Omicron, followed by a stock market and crypto market crash in January 2022 due to Russia and China moves against crypto currency have seen many less experienced investors sell up and get out. These events may have combined to move focus away from the NFT hype in the short term, but we believe longer term the hype and demand for NFTs will return. The size of the NFT market passed $40 billion in 2021 and is expected to double by 2025.

And NFTs are still catching the headlines too. Celebrities Kevin Hart and Paris Hilton recently bought a Bored Ape Yacht Club NFT for over $300,000.

Apart from the traditional use of NFTs as a form of art, they also offer the potential to buy digital lands in virtual worlds like the metaverse, and the potential to license and publish music ownership. Interest and hype may ebb and flow, but NFTs are definitely here to stay.

 

Stick or Twist

In summary, we believe that while the sharp price movements in cryptocurrency will continue, altcoins like Solana and Cardano with their higher transaction speeds and lower gas fees offer great potential from here on. Alternative uses for Bitcoin – the king of crypto, such as a Bitcoin marketplace for NFTs adds a new dimension and functionality to the original cryptocurrency and a potential target price of $100k in a couple of years.

All in all, for investors able to cope with the sharp price movements, investing into Bitcoin, Altcoins and NFTs looks likely to deliver an increase in portfolio value over the longer term, and always the potential to deliver spectacular quick gains for short term traders. In pontoon parlance – Twist!

UK Investor Magazine Podcast – Argo Blockchain, Bellway and UK Inflation with Alan Green

uk investor magazine podcast

Alan Green joins the Podcast as we drill down into the biggest themes in markets and a selection of UK shares.

For this Podcast it would be hard to avoid the latest inflation data and what it means for a potential rate hike from the Bank of England this year. We explore what this could mean for markets.

Alan has been watching Argo Blockchain and we delve into the latest developments and whether the valuation is justified.

Having discussed Barratts last week we compare Bellway and their response to supply chain issues after a bumper set of results.

MoneySuperMarket is also paid consideration and we give our views on how the business should evolve if investors are to see shares reach recent highs again.

Argo Blockchain, Bellway and UK Inflation with Alan Green

NFT Vision Hack – Alan Green talks to Coinsilium (AQX: COIN, OTCQB: CINGF) CEO Eddy Travia

 

Alan Green talks to Eddy Travia, CEO & Co-Founder of Coinsilium (AQX: #COIN, OTCQB: $CINGF), a Blockchain & Open Finance venture builder based in Gilbratar.

Eddy talks about his role in the evolution of Coinsilium from the first ever blockchain IPO on the Aquis market, through to the move to Gilbraltar and last year’s pivot to become a venture builder in the blockchain and Non Fungible Token space.

We look at the Nifty Labs JV between Indorse and Coinsilium, and the potential of the new NFT Marketplace currently under development. We then discuss NFT Vision Hack, an NFT focussed global hackathon organised jointly between Coinsilium and Indorse, and Eddy outlines what he expects from it, before Eddy discusses the NFT market in comparison to the cryptocurrency market

We finish with a look at the financial position of Coinsilium ahead of the interims, before Eddy provides some H2 2021 milestones to look out for.

 

Catenae Innovation #CTEA – Result of General Meeting

The Board of Catenae (AIM:CTEA), the AIM quoted provider of digital media and technology announces that at the General Meeting held today, all resolutions were duly passed.

For further information:

 

Catenae Innovation Plc

Tony Sanders

 

Tel: 020 7979 7826

 

Cairn Financial Advisers LLP, Nominated Adviser

Liam Murray / Jo Turner

 

Tel: 020 7213 0880

 

Alexander David Securities Limited, Joint Broker

David Scott  /James Dewhurst

 

Tel: 020 7448 9820

 

Turner Pope Investments Limited, Joint Broker
Andy Thacker

 

Tel: 020 3621 4120

Brand Comms Podcast – Brand CEO Alan Green talks to Catenae Innovation #CTEA CEO Tony Sanders

Brand Comms CEO Alan Green talks to Tony Sanders, CEO of AIM listed Catenae Innovation (CTEA). Tony explains how Catenae have developed a range of blockchain applications for Onside, Onguard and Onsite, an application for multiple commercial processes. Tony talks through a recent contract win: a Firedoor inspection contract, which creates an annual annuity stream plus revenue per transaction. On the recent funding, Tony discusses the management team, which between them have invested over £300k from over the past 2 placings and now own over 7% between them. He explains how the funds will be used for sales and marketing, and how Catenae are one of the few companies around the world already earning money from the commercial application of blockchain in areas other than crypto currency.

Thought for the Day: Catenae Innovation #CTEA – Golden Building Blocks

Thought for the Day:

The market seems to have completely missed the significance of the recent placing at Catenae Innovation #CTEA . Between them, the board have spent over £110k buying shares (over £300k including the last placing), institutional investor Miton bought more stock to maintain their current holding AND after spending £75k of his own money in the placing, CEO Tony Sanders now owns 3.38% of the company. For any retail investor seeking a blockchain investment proposition, these are golden building blocks that simply cannot be ignored; it is a huge vote of confidence in the company and its future.

Catenae Innovation (CTEA) Result of Annual General Meeting

Result of Annual General Meeting

At the Annual General Meeting of the Company held today, all resolutions were duly passed.

For further information:

Catenae Innovation Plc
Tony Sanders
Tel: 020 7929 7826
 

Cairn Financial Advisers LLP, Nominated Adviser
Liam Murray / Jo Turner

Tel: 020 7213 0880

 

Alexander David Securities Limited, Broker
David Scott / James Dewhurst

 

Tel: 020 7448 9820

Alan Simpson, Chief Technology Officer, Catenae Innovation P.L.C. (LON:CTEA) Interview

Catenae (AIM: CTEA), the AIM quoted provider of digital media and technology announces the following changes to its senior Management team and Board.

Proposed appointment of Alan Simpson CTO to the Executive Board

Alan is a highly regarded technologist with vast experience in a number of high-profile projects in a career ranging from Military Cryptologist through to those projects which can be publicly named such as being the Technical Delivery Manager for BBC’s flagship iPlayer project.

Alan joined the Company in June 2018 and has been responsible for the delivery of technical projects within the Company including Sequestrum, its DLT/Blockchain platform, and the recently launched Onsite. This appointment recognises the contribution and commitment Alan has shown to the Company.

This, combined with his broad technical expertise, and commercial experience will be a welcome addition to the Board. A further announcement providing information pursuant to AIM Rule Schedule 2(g) will be made in due course.

Blockchain – which do you choose VHS or Beta?

No sooner do most retail market investors finally understand the difference between cryptocurrency and blockchain, (simply put crypto needs blockchain, blockchain doesn’t need crypto), than the timely debate starts as to which platforms are actually commercially viable.

With Bitcoin and Ethereum taking up the most column inches, the uninitiated could easily believe they are the only platforms out there.

Whilst they are arguably the most popular names in the public blockchain arena, there are many other public and private platforms offering distributed ledger technology (DLT), each with their own strengths and weaknesses.

As you can probably guess, given the title the only certainty is that they don’t talk to each other. Older readers will of course remember the hackneyed comparison and discussions regarding VHS (JVC) and Betamax (Sony) home video recorder systems in the dim and distant past. While it would be nice to think that we we’ve learnt something about technical standards in that time, it appears not to be the case – after all who really needs interoperability anyway?

Accenture’s press release (1) earlier this month details its approach to enable two or more disparate blockchains to have some form of communication whether this be transfer of a tokenised asset or data mapping different blocks across different blockchains. The devil is of course in the detail, but this is obviously a move in the right direction; anything that helps bring together two organisations with different technical solutions and / or with disparate requirements must be good.

Interoperability is key to the take-up of DLT technology. Therefore, the ability to run an application on a DLT platform, any DLT platform is a key consideration with solutions like Sequestrum our Universal Digital Repository application (2). The universal element here was designed in from day one, we wanted to achieve an application that had near zero barrier to entry, an application that could be added to legacy systems to provide that immutable proof of record whether the use case be for copyright, audit or governance, without have to re-engineer vast swaths of code.

It was equally important that the application could sit on top of the client’s choice of DLT platform. Taking the approach adopted by some of the application development frameworks, we looked to separate the application from the DLT platform, choosing to interface these via an application programming layer (API). Not a new solution, but very flexible. In theory this API layer acts like the Babel fish, allowing two incompatible elements to communicate, sometimes easily, sometimes with a bit more complexity. In this case allowing the application to remain agnostic to whichever platform it is accessing its data from.

Sequestrum is fully owned by us at Catenae Innovation (CTEA.L), is already listed on the LSE and is in many ways well ahead of Silicon Valley as a proven, cash generating offering.

Developed by Alan Simpson, better known for building and launching the BBC iPlayer, Sequestrum is currently being developed on two private DLT blockchain platforms and is a leap forward both in being both cost effective to the end user and ultra efficient compared to current solutions.

Our next client implementation is based on a Hyperledger platform, after all if it’s good enough for IBM!

We may yet have to deliver the modern age equivalent of the morphing tape cartridge to fit all the VCRs in the world, but the Catenae team are more than happy that Sequestrum is a good start.

by Tony Sanders

Links
https://newsroom.accenture.com/news/accenture-enables-interoperability-between-major-blockchain-platforms.htm
https://www.catenaeinnovation.com/products-and-services/p/sequestrum

 

 

 

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