5 Key Stories From The Digital Worlds

September 5

BY NABYL CHARANIA

1. 

THE FIVE MOST INTERESTING RISK FACTORS OF 2019’S IPOS

  • One of the requirements of an S-1 filing are “Risk Factors.”…the company has to sit down, be humble, and acknowledge its weaknesses.
  • In its S-1, Beyond Meat said it relied on only one pea protein supplier (another risk), but since then it’s brought on a second supplier.
  • Peloton…was hit with a $150 million lawsuit by a group of music publishers…alleged that Peloton used thousands of songs without permission to stream on its $1,995 bike.

2. 

MASTERCARD JOINS THE MARCO POLO NETWORK TO ADVANCE GLOBAL TRADE THROUGH OPTIMIZED FINANCING

  • The network – and its over 25 member banks – are working to unlock what the World Trade Organization has identified as a potential $1.5 trillion opportunity in global trade finance.
  • Mastercard Track unifies access to business identity information through a secure, permissioned repository of more than 210 million registered entities worldwide…reduces the time it takes for businesses to identify, vet and onboard new trading partners – and simplifies the end-to-end payment process.
  • Better and faster access to critical information will work as a catalyst for businesses using the Marco Polo network – which is powered by the trusted Corda blockchain technology from enterprise software company R3 – to tap into working capital provided by global financial institutions.

3.  

ORACLE LETS BLOCKCHAIN TECH FIRM HYDROGEN INTO ITS CLOUD MARKETPLACE

  • New York-based Hydrogen’s APIs are now available to nearly half a million Oracle customers to develop applications for banking, investing, savings, insurance and wellness.
  • Subscribers can build multiple systems from the firm’s APIs, including its Hydrogen Molecule product…which can be used for customer identification, cross-border money transfers, and tokenizing securities. Molecule is built on top of Hyrdo, which in turn is built on top of ethereum.
  • Its technology can simplify the creation of lending and financial services that run on blockchains, known as decentralized finance or DeFi.

4. 

BJORK’S VR ALBUM IS FINALLY READY

  • Artist is releasing the complete version of Vulnicura VR through Steam on September 6th, giving PC owners a single place to experience 360-degree visuals available in the digital museum collection and beyond.
  • The release is a reflection of how much VR tech has matured since 2015…PC VR still isn’t cheap, but it’s much more accessible and has widely available platforms like Steam.
  • VR served as an artistic medium that could venture beyond what audio or a conventional music video might accomplish.

5. 

DANISH RESEARCHERS DEVELOP ARTIFICIAL INTELLIGENCE TO EXPOSE STOCK-MARKET FRAUD

  • No one knows the extent of stock-market fraud globally, but the US Federal Trade Commission (FTC), has estimated that, in the US alone, the problem amounts to between USD 10-40 billion a year.
  • Project will design entirely new methods which, using machine learning, will be able to conduct systematic analyses of stock-exchange activity, recognise irregular transactions, and identify patterns in share-price data.
  • Will make it possible to detect, and even predict, market manipulation in share trading across the entire world.