Connect with us

Blockchain

The power of cryptocurrency education

Published

on

Reading Time: 5 minutes

If mass adoption of cryptocurrency is ever going to happen, we need widely-available cryptocurrency education to happen first.

People won’t use what they don’t understand. We saw this with initial resistance to the internet, social media, and smartphones. In the case of these three technologies, there wasn’t a lot of education needed to get people to eventually get on board: the tech just had to become more accessible, more useful, or cool enough that suddenly everybody wanted it.

Cryptocurrency is more complicated than a smartphone, however. Just as we educate children about fiat money in age-appropriate ways, through allowances and budgeting and savings accounts, we must also teach the mainstream audience about how to use and interact with cryptocurrency, to protect them from making foolish decisions.

A child who has not been educated about money might blow their allowance on candy rather than saving up for a new video. An adult who has not been educated about cryptocurrency, on the other hand, might share their private keys with a scammer or invest in a KaratBars-style scam.

 

Knowledge is power

When we teach people about cryptocurrency, we empower them to make smart decisions. A person who understands the importance of their private keys will keep them in a safe place and not share them with scammers. A person who has learned how to perform due diligence won’t invest in the first get-rich-quick scheme that lands in their inbox. A person who has learned how the blockchain works will understand whether or not blockchain implementation will improve their business’s operations.

We can’t just hand the world blockchain and cryptocurrency and expect them to know what to do with it. If mass adoption of cryptocurrency is ever going to happen, we need widely-available cryptocurrency education to happen first.

If you’re reading this, chances are you’re already a member of the crypto community and you have some understanding of the underlying technology and tokenomics. But if you’re relatively new yourself, you may have trouble properly explaining these concepts to the people in your life. It’s a frustrating experience, having just enough knowledge about something to be excited about it, but not enough to get other people to understand and be excited, too.

 

Invite people to learn alongside you

You are in the perfect position to serve as an ambassador for cryptocurrency and the blockchain. Your passion and excitement is probably contagious, and your curiosity is likely driving you to learn more. Harness that! Now is the time to ask your friends and family to join you on this exciting journey into the new frontier of cryptocurrency.

One good way to do this is to get people to join you for a class. You may be able to find an in-person workshop that’s open to the public. But another good option is to join an online class together — this offers a lot more flexibility, and also allows you to invite people to join you regardless of the geographical distance between you.

The great thing about learning alongside someone is that there’s a lot of opportunity for discussion. When you’re attending the same class, you’re on the same ground. You know what your friend has already learned, because you learned it alongside them. And because you have a little more experience than they do, you’ll be in a good position to help them, by clearing up something they didn’t quite understand in class, or pointing them to good resources for further learning.

 

Top tips for getting a good crypto education

  1. Whether you decide to sign up for an on-line course or educate yourself by reading articles and watching videos, make sure you’re learning from a reliable, up-to-date source.
  2. Learn how to do your own due diligence. Whether you’re considering a workshop, an exchange, or an investment opportunity, you should know how to perform the proper research.
  3. Be wary of anyone offering fast profits or guaranteed returns. If it seems too good to be true, it probably is.
  4. Never transfer your crypto funds to a teaching platform without being 100% confident that they are trustworthy. Actually, never transfer your crypto funds to anyone unless you’re confident in who you’re dealing with.
  5. Stay on top of news and developments in the industry by getting your news from trusted, crypto-centric sources.
  6. Look for high-quality subreddits, Telegram chats, and forums where people actually discuss cryptocurrency rather than hyping the next get-rich-quick scheme.

Mass adoption doesn’t just happen. It happens because people find something great, and they want to share it with others. You’ve learned how exciting cryptocurrency can be. How will you share that with the people in your life?

 

Online platforms for a crypto education

You have several options available if you’d like to pursue an online education in cryptocurrency and the blockchain:

  • Cointelligence Academy – If you’re looking for an online class suitable for everyone from crypto enthusiasts to total beginners, we’d like to invite you to Cointelligence Academy, a course series designed to cover everything from the basics of bitcoin and blockchain to how to perform due diligence on crypto projects. These classes are presented by Cointelligence staff who have years of experience in cryptocurrency and a passion for crypto education. 
  • Introduction to Digital Currencies at UNIC – Get a taste of the University of Nicosia experience by enrolling in the world’s first free MOOC (massive open online course) on cryptocurrencies and blockchain technology. This introductory course is taught by the CEO of UNIC and a Bitcoin entrepreneur, so students are sure to get an expert education.
  • BlockGeeks – Considered by many to be the leading crypto academy, this platform offers unlimited access to a variety of courses at a monthly fee. They also offer a “Blockdegree” in ETH. Much of their education is geared towards Ethereum, so those looking to get a job on an ERC-based project may do well to look into this platform for their professional development.

There’s an option out there for every student. Consider what your goals are, how much time and money you have to invest in your education, and how you like to learn, and get started on getting a great crypto education today. Every step you take to learn more is another step towards mass adoption.

 

About the author: On Yavin is the founder and CEO at Cointelligence, a company that conducts data research and analysis for the crypto economy. On has extensive experience as a serial entrepreneur and angel investor, as well as more than 20 years of experience in the tech industry. On uses his deep, hands-on experience and knowledge of online marketing to create winning strategies for crypto, and blockchain companies. Having earned the reputation of “crypto expert”, On continues to contribute to this industry in ways that advance cryptocurrencies and blockchain technologies. On has a law degree (LLB) and is also a certified Advocate by the Israeli Bar Association.

Blockchain

CICC Upgrades Wealth Management Strategy and Officially Launches “CICC Wealth Management” Brand

Published

on

Photo source: unsplash.com

 

China International Capital Corporation Limited (CICC and “the Company”, 3908.HK) has just held the CICC Wealth Management Strategy Upgrade Conference 2019 in Shenzhen today under the theme of “Building Our Future through Partnerships, Achieving Life Goals to the Fullest” and announced the official launch of its wealth management brand “CICC Wealth Management”. More than 700 guests were invited, including government officials, regulatory authorities, customer representatives, shareholder representatives and employee representatives.

The Unified Brand “CICC Wealth Management” Officially Launched

Providing wealth management service for individuals is one of the important strategies of CICC. In 2007, CICC took the lead in providing wealth management services under the international standards. In 2016, CICC announced the restructuring with China Investment Securities Company Limited (CISC), which became an important starting point for the transformation and upgrading of CICC’s wealth management business. This restructuring has resulted in the further upgrade of CICC’s wealth management and retail brokerage business platform. By merging CISC’s extensive customer base and nationwide branch network, CICC’s strength in brand, research, products and prime brokerage business have been brought into full play.

This time, CICC has integrated the former “CICC Wealth Management” brand, with CISC’s wealth management and brokerage sub-brands, such as “CISC Gold” and “CISC Mobile” to launch the new unified brand “CICC Wealth Management”. It marks the comprehensive integration of the two platforms, and it is another milestone of the strategic transformation of CICC’s wealth management business.

Strategy Upgrade

With 12 years experience, CICC Wealth Management has become a leading wealth management institution in domestic market and has obtained many prizes from media. By taking advantage of the reform in Shenzhen and the restructuring of China Southern Securities, CISC has accumulated abundant experiences in the retail brokerage industry through more than 20 years, and has acquired strong industry position and impact.

After the brand integration, with its high-quality and professional wealth advisor team, its ability to provide solutions under international standards, its close interaction with other business divisions such as Investment Banking, Asset Management, Research and its strong technological platforms, CICC Wealth Management will provide its clients with a full-chain, one-stop and multidimensional platform, which offers more efficient, globalized and integrated trading, investment management, financing services, as well as a set of comprehensive solutions with the cooperation between wealth management and other business segments of CICC such as Investment Banking.

CICC Wealth Management will adhere to its faith of always putting its clients as priorities, persist on the model of wealth management from the buy-side perspective and dedicate itself to thoroughly understanding its clients’ needs and wants, helping its clients with professional investment advices, executing and keeping track of those investment plans religiously and trying to establish long-term trusting relationships with its clients. During this strategy upgrade conference, CICC launched “CICC Wealth Planning”, “CICC Wealth Management China Top 50 Private Account Service” and “CICC Global Family Office” which are close to advanced international market solutions. With leading professional standards, profound understanding of market policies and global visions, CICC provides life-long wealth planning for its clients, as well as asset allocation products and solutions.

Besides, CICC Wealth Management has been actively embracing the digital transformation and has made it step into the FinTech industry. Recently, CICC announced that the Company entered into a shareholders’ agreement with Tencent Digital (Shenzhen) Limited, an indirect wholly-owned subsidiary of Tencent Holdings Limited, pursuant to which the parties agreed to establish a technological joint venture. The technological joint venture is proposed to, through providing technological platform development and digitalized operational support services, facilitate the company’s wealth management, retail brokerage and other businesses to provide more convenient, intelligent and differentiated wealth management solutions, enhance the service efficiency of investment advisor, optimize precision marketing and strengthen compliance and risk control. The technological joint venture is expected to drive the accelerated transformation and scalable development of the Company’s wealth management business with digital and FinTech capabilities.

With sufficient experience in the Chinese market and always evaluating itself with global standards, CICC Wealth Management aims to build up a platform to satisfy its clients’ needs in their businesses, families and personal development comprehensively. By launching its official brand “CICC Wealth management”, imposing on its strategy upgrade and getting involved in the FinTech industry, CICC has implemented its best practices within the recent couple years to strengthen its wealth management service.

Looking into the Future

In the future, as the unified platform of CICC’s wealth management and retail brokerage business, CICC Wealth Management will continue to follow its core values of “Clients First”, “Integrity as Foundation” and “Chinese Roots and International Reach.” Adhering to our buy-side thinking and putting our clients’ interests as our priorities, we will keep on providing professional wealth management solutions to our clients under global standards and with the high quality resources from CICC’s investment banking, private equity, asset management, research and other business.

 

SOURCE China International Capital Corporation Limited

Continue Reading

Blockchain

IWFCIM & IBVM – championing efforts to incorporate sustainable business practices among entrepreneurs and promoting blockchain tech for supply chains

Published

on

Panelist for the segment Growing Local Industry Through Sustainable Fashion. From Left Ambika Sangaran, Managing Partner from Biji-biji, Dr Cordelia Mason, President from Yayasan UniKL Masrina Abdullah,Founder from Masrina Abdullah Empire Ventures Studio, Kristina Teow, President from Lean In Youth, Cris D Tran, Regional Head from Infinity Blockchain Ventures and Alejandro Kikuchi, Head International Growth, Wokana.

 

International Women’s Federation of Commerce and Industry Malaysia (IWFCIM) and Infinity Blockchain Ventures (IBV) has jointly organised the Blockchain and Fashion (BCF): Growing Local Industry Through Sustainable Fashion at the Black Box, Publika on October 15th, 2019 in conjunction with the Malaysia Fashion Week.

With the theme of Growing Local Industry Through Sustainable Fashion, BCF brings together iconic people from the sustainable fashion market and technology providers to showcase how blockchain’s transparency and traceability functions.

Dato’ Elaine Teh, President, IWFCIM, expressed her excitement on the opportunities available for entrepreneurs today: “The advent of technology enables companies to seamlessly integrate complex capabilities that can trace the whole journey of their products from farm to garment. That represents a whole new meaning to sustainability as consumers can now make smart choices on their purchases based on the information available.”

Biji-biji, one of the leading sustainable fashion players, showcased its product, the Merak Banner tote bag. Using the solution from WowTrace, it enables consumers to check and validate the origin of the product, what it is made of, when it is made — at every stage of the supply chain.

Malaysia’s leading technology visionary, Datuk Yasmin Mahmood, CEO, FutureReady Consulting Sdn Bhd says that, “The ABCD technology is embedded in our social fabric today. Specifically, with blockchain, we have arrived at an exciting time, where two-pronged goals are met. Firstly, we can have local industries and communities thrive as their artisan work, culture, heritage and rights can be protected. Secondly, it helps industries and SMEs immensely in integrating the Sustainable Development Goal as part of their strategic focus.”

“Sustainability is crucial in order to preserve the future. Through new technologies like blockchain, it can further enhance product traceability and can bring a whole new meaning to the term ethically sourced“, cite Cris D. Tran, Regional Head, Infinity Blockchain Ventures.

IBV has a full suite of blockchain solution offerings to support the local entrepreneurs by providing opportunities to learn more about blockchain technology. IBV believes that Malaysia has the potential of having successful blockchain technology implementations due to its diverse market and strong infrastructure. They are also currently working with local players to train more Malaysian blockchain developers to further support the growth of blockchain technology within the market.

 

SOURCE Infinity Blockchain Ventures

Continue Reading

Blockchain

Kakao’s Klaytn Welcomes 8 New Blockchain Application Partners

Published

on

Klaytn Welcomes 8 New Blockchain Partners

Klaytn, the leading blockchain project led by the South Korean Internet giant Kakao, today announced that 8 new blockchain projects have joined Klaytn as service partners to further developments in bringing mass blockchain adoption globally.

Dedicated to building readily usable blockchain-powered services, Klaytn is partnering with promising blockchain projects in various industry domains with massive global user base. More than a dozen of its partners that earlier joined Klaytn have already launched blockchain services, while others are set to open until early next year.

Operated by Korea’s art promotion initiative ‘ARTWA Platform,’ ‘STARTnet’ is a social commerce-based art platform committed to fostering new artists and innovating the art industry. It seeks to create a transparent art market by equipping the artists with the right to protect their own artworks. It also provides friendly art services and curations that anybody can enjoy.

Developed by Korea’s big data-based social media platform ‘0.8L,’ ‘LITER’ will also be operated through Klaytn. By applying the blockchain-powered incentive mechanism to its over 600,000 existing global users, LITER will offer fair rewards for reviews of the products and services.

‘GoodMorning’ is a marketing and data distribution platform that adds commercial value and creates trust index to various information and social networks owned by individual users.

A blockchain-based logistics service, ‘Dkargo’ has also released its plan to collaborate with Klaytn. By incorporating new mobility services beyond the existing freight transport, Dkargo seeks to create an efficient network and expand the entire logistics industry.

Other notable industry partners include ‘LOON,’ the blockchain-based healthcare service focused on women’s physiological health; ‘Monopoly,’ the platform that provides investment information for collectibles market including art, wine, and jewelry; ‘Spl.yt,’ the decentralized e-commerce protocol for global inventory and affiliate marketing system across marketplaces; and, ‘TUNE Token,’ the smart contract design service for the U.S.-based award winning music platform ‘Cre8tor.app,’ which rewards all stakeholders in the creation and distribution of music while providing a transparent royalty system.

“Klaytn is partnering with successful firms that have developed and operated services accruing millions of users, and the collaboration will contribute to building a user-friendly blockchain service,” said Jason Han, the CEO of Ground X, heading the development and operation of Klaytn. He added, “Together with service partners, Klaytn will take the blockchain industry to the next level by focusing on creating meaningful real use-cases, which stands as the next key challenge in our industry.”

 

SOURCE Klaytn

Continue Reading

Trending

TheBlockchainExaminer is a news publishing website which digests / hand picks the latest news about the blockchain industry and serves them to you daily.

Contact us: pressroom@theblockchainexaminer.com

© TheBlockchainExaminer.com 2019 - part of PICANTE Media. All rights reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania