#CryptoCorner: Market Stays Strong Over Weekend, Kleinwort Hambros Issues #Blockchain ETN, IBM (NYSE: $IBM) and Accenture (NYSE: $ACN) Patent Blockchain Solutions

#CryptoCorner: Market Stays Strong Over Weekend, Kleinwort Hambros Issues #Blockchain ETN, IBM (NYSE: $IBM) and Accenture (NYSE: $ACN) Patent Blockchain Solutions

Point Roberts WA, Delta BC, April 8, 2019 -  Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s  (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Subscribe to Podcast RSS feed:

The crypto market has stayed fairly strong since we left off on Friday, growing from a $169 billion total market cap to just under $181 billion at press time, according to CoinMarketCap. The market matched last Wednesday’s peak total market cap on Sunday, briefly hitting $185 billion, the highest market cap since November 2018. Currently Bitcoin (BTC) is trading for $5200, having gotten as high as $5300 during the Sunday market peak. Following are Ether (ETH), with a trading price of $178, XRP at $0.35, Bitcoin Cash (BCH) at $305 and Litecoin (LTC) at $88.

Private bank Kleinwort Hambros has issued a blockchain exchange-traded note (ETN), according to a report from FinExtra this morning. According to the piece, the ETN portfolio of stocks will include an array of 20 companies spanning the tech, shipping, oil and gas, custody banking and industrial sectors. The blockchain ETN is available for a minimum investment of €1000 EUR. John Birdwood, portfolio manager at Kleinwort Hambros, said:

“We have seen increasing interest from clients in the area of blockchain. We have built an innovative product which will provide our clients with the diversified exposure to the promising growth prospects blockchain technology offers."

IBM (NYSE:IBM) has patented a new technology that analyzes data and interactions for self-driving vehicles (SDVs) using blockchain technology. An excerpt from the patent description outlines how blockchain is leveraged:

The open blockchain network (such as IBM's hyper-ledger) may be used to maintain the MIH [Mobility Information Hub] which contains driving history of drivers within a distance of the current SDV. The SDV may be one of the nodes in the open blockchain network to participate on transaction validation (for example, uploading data). Our invention may implement advanced analytics/learning models (for instance, driver behavior models) on top of the open blockchain. Thus, the system only allows authorized entities (SDV, a driver, traffic control node, etc.) to access data and models. The SDV may fetch the predicted behavior of the nearby drivers in real-time via a blockchain client application by passing the nearby driver(s) identification (for instance, a license plate number).

Cointelegraph reports that another tech firm, Accenture (NYSE:ACN), has also filed two blockchain-related patents recently. The first provides a method for cryptologic blockchain interoperability, which allows users to share data stored on the blockchain using a digital signature. The second is for a cryptologic self-executing blockchain export commitment, which Cointelegraph describes as an “interoperability smart contract solution that uses a pre-commit authorization” wherein “the sender is able to lock the token data on the blockchain while waiting for confirmation from the receiver”.

Sam Mowers, Investorideas

Read other editions of the 
Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News

Crypto Corner Sponsors:

Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations.  https://www.fliptopay.com/

Genesis Exchange and Wallet App by Genesis Blockchain Technologies ( GBT)
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at  http://www.mygenesis.io

More info on the sector:
Investor Ideas is positioning as a  leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

Talk about the sector with other companies and investors- Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure:  this newsletter  and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip  and  GBT Technologies  . More info: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about Investor ideas podcast and news publication  services and costs https://www.investorideas.com/News-Upload/

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Learn more about our news, PR and social media services at Investorideas.com

Follow us on Twitter https://twitter.com/Investorideas

Contact Investorideas.com