Latest & Breaking Cryptocurrency, Blockchain, Ethereum, Bitcoin News- Coinedict
  • News
    • Crypto News
    • Blockchain News
  • Review
  • Interviews
  • Disruptions
  • CryptoPedia
    • 101 articles
    • How-to’s
    • Research & Analysis
    • Price Analysis
  • Press Release
    • Submit Press Release
  • Sponsored

Most Popular

  • Aussie’s Green-light for September 28th – TAGZ Exchange to Go Live

    Aussie’s Green-light for September 28th – TAGZ Exchange to Go Live

    September 20, 2019
  • What is a Paper Wallet? How to make Paper wallet for different cryptocurrencies?

    What is a Paper Wallet? How to make Paper wallet for different cryptocurrencies?

    August 24, 2018
  • 10 Best NEO Wallet You Should Know About

    10 Best NEO Wallet You Should Know About

    August 30, 2018
  • CC Forum – Investment in Blockchain and AI

    CC Forum – Investment in Blockchain and AI

    August 2, 2019
  • All you need to know about Cardano Paper Wallet

    All you need to know about Cardano Paper Wallet

    September 1, 2018
  • Roger Ver Releases a Debate with Supporters of Bitcoin Core and Blockstream Without Consent

    Roger Ver Releases a Debate with Supporters of Bitcoin Core and Blockstream Without Consent

    September 8, 2018

Newsletter

Subscribe our Newsletter for latest posts, tips & facts. Let’s stay connected!

Instagram

Instagram did not return a 200.
Latest & Breaking Cryptocurrency, Blockchain, Ethereum, Bitcoin News- Coinedict
  • News
    • Crypto News
    • Blockchain News
  • Review
  • Interviews
  • Disruptions
  • CryptoPedia
    • 101 articles
    • How-to’s
    • Research & Analysis
    • Price Analysis
  • Press Release
    • Submit Press Release
  • Sponsored

US $3.5 M Invested Into Two Blockchain Startups by‘The Bitcoin Man’ Herbert Sim at RISE Tech Conference 2019 in Hong Kong

by Karen PeraltaJuly 16, 2019 in Blockchain News, Crypto News, Press Release, no comment
Herbert-Sim-Bitcoin-Man-Investor-Philantropist (2)

With the recent bull run, it seems that crypto OG, Herbert R. Sim, widely known as the ‘The Bitcoin Man’ is on the investment move. At the Asia’s largest technology conference, RISE 2019, held in Hong Kong, Sim announced strategic investments into two startups that are powered by blockchain —TaoDust, with US$ 1-million dollars; and DIYBlockhain, with US$ 2.5-million.

TaoDust, based in Malta, is a crowdfunding platform powered by blockchain technology, which aims to disrupt the traditional investment process by allowing everyone to easily and borderless buy, sell and trade assets. They are replacing a stock exchange with software that issues equity tokens with self-governed operational bylaws. This bridges the current gap between individuals that want to invest and start-ups.

The equity crowdfunding is a trending market as the World Bank estimates that global crowdfunding will reach $90 billion by 2020.

DIYBlockhain, based in Mountain View, California with offices in India and South Africa, released its revolutionary zero-code Blockchain-as-a-Service (BaaS) product, DIYNucleo, at the conference on Tuesday 10 July.The product will address the challenge that the nascent blockchain technology is creating for developers, the demand for skilled resources and the increasing rate at which companies are adopting the technology.

As technology adoption increases, the demand for releasing systems sooner increases as well, and since the available skillsets are limited, the costs associated skyrockets.Companies and industries around the world are adopting blockchain technology into their droves and this has created a new industry, requiring a new type of programmer able to work with the technology.

Minimal code companies are growing at a rapid pace and two of the companies moving in a similar space as DIYBlockchain have grown into multi-billion rand companies in a short space of time. Gartner estimated that the programming market was worth up to $392 billion in 2017 with a CAGR of 8.5% through 2021.

Sim, is the founder of Crypto Chain University, established in 2010, it is the world’s first repository for compiling blockchain and cryptocurrency research papers. Earlier this year in April, Sim also made a strategic investment into Israeli blockchain startup TEVEL.

Karen Peralta

Karen Peralta has an extensive background in Training. She is a Communication and Process Trainer by profession, consistently awarded by the companies she had supported: Sutherland, Alorica and Concentrix. She started as a freelance writer for Coinedict and climbed her way to becoming Consultant Content Manager due to her strong enthusiasm in blockchain.

BlockchainCryptocurrencyDIYBlockhainHerbert R SimTaoDustThe Bitcoin Man

Karen Peralta

Karen Peralta has an extensive background in Training. She is a Communication and Process Trainer by profession, consistently awarded by the companies she had supported: Sutherland, Alorica and Concentrix. She started as a freelance writer for Coinedict and climbed her way to becoming Consultant Content Manager due to her strong enthusiasm in blockchain.

Related posts

Screenshot_4

GEMS Esports 3.0 Platform to Launch TGE on Top Launchpad – Seedify

by Cryptox WireApril 26, 2022no comment
Screenshot_3

Blockster Aims to Unite Blockchain Enthusiasts Under One Platform

by Sharukh KhanApril 15, 2022no comment

Correct Ecological Solution: SeekTiger Powers STI in Multiple Ways to Continuously Deflate STI

by Cryptox WireApril 14, 2022no comment
XTRA.FUND

XTRA.FUND – 1st Global project with 90% protection for bear market times

by Sharukh KhanFebruary 28, 2022no comment

Most Popular

  • Aussie’s Green-light for September 28th – TAGZ Exchange to Go Live

    Aussie’s Green-light for September 28th – TAGZ Exchange to Go Live

    September 20, 2019
  • What is a Paper Wallet? How to make Paper wallet for different cryptocurrencies?

    What is a Paper Wallet? How to make Paper wallet for different cryptocurrencies?

    August 24, 2018
  • 10 Best NEO Wallet You Should Know About

    10 Best NEO Wallet You Should Know About

    August 30, 2018
  • CC Forum – Investment in Blockchain and AI

    CC Forum – Investment in Blockchain and AI

    August 2, 2019
  • All you need to know about Cardano Paper Wallet

    All you need to know about Cardano Paper Wallet

    September 1, 2018
  • Roger Ver Releases a Debate with Supporters of Bitcoin Core and Blockstream Without Consent

    Roger Ver Releases a Debate with Supporters of Bitcoin Core and Blockstream Without Consent

    September 8, 2018

Newsletter

Subscribe our Newsletter for latest posts, tips & facts. Let’s stay connected!

Buy Bitcoin with Credit Card

Instagram

Instagram did not return a 200.

About Team Contact Us Our Partners Editorial Policy Privacy Policy Terms and Conditions


© 2018-2020 Coinedict. All Rights Reserved. A Product of The Crypto Updates