Kuala Innov Share Discussion Threads

[keya5000] 10/11/2015 13:54

Well glad that's all done. Onwards we go. Cash must have a use.

Might get a few more now.

[tobytime73] 10/11/2015 13:53

in discussions for another placing as per RNS!! So expect another placing at the same price soon

[wolf9] 10/11/2015 13:51

should kick on now thats out of the way

[doodlebug4] 10/11/2015 13:50

Well that's that placing out of the way now - thank goodness. I suspect quite a few potential buyers have been sitting waiting for that announcement. A larger stake in Factom would be good I agree flashheart.

[tobytime73] 10/11/2015 13:47

Right doodle what was i saying on friday!!

[flashheart] 10/11/2015 13:43

Funding now established. Can we have some more Factom please Mr M?

[keya5000] 10/11/2015 12:50

Agree until you really look at the uses of Blockchain you just associate it with bitcoins but its uses are wide ranging, way more than you could think. Real future tech that's in its early infancy.

Think we will do well on this.

[moormoney] 10/11/2015 12:42

Good posts this morning. Exciting to be in this one from the start !

[doodlebug4] 10/11/2015 11:41

Yes, and there's a message for the banking industry from Lagarde to embrace the technology and start implementing it.

[doodlebug4] 10/11/2015 10:46

A long, but interesting article here.

"Everyone, it’s okay to say the word “bitcoin” and acknowledge that it is the actual platform that is driving this innovation that we’re all building on. It’s also okay to say “the bitcoin blockchain,” or “the blockchain,” if you’re afraid that people will think you’re weird. But until someone actually builds, ships and scales a global open platform, open like the rest of the Internet, that can do what the bitcoin blockchain can today, there’s really nothing else to talk about."

[flashheart] 10/11/2015 10:31

Yes, should give KUL a further boost when that arrives after this nice period of consolidation at these levels.

[doodlebug4] 10/11/2015 10:25

flashheart, the information about blockchain coming from the US and other countries at the moment is amazing and I'm just posting some of the links on this thread! Looking forward to the update from Factom this week as the company seems to be one of the front runners in this new technology.

[flashheart] 10/11/2015 09:19

db, the opportunities appear almost limitless with block chain it would seem.

[doodlebug4] 10/11/2015 09:07

Blockchain & Wall Street: The New Partnership?

Posted on November 10, 2015
Author Gola YashuCategories Bitcoin, Bitcoin News

Recently, it was estimated that the Financial Industry would be investing in over $1bn in Blockchain Technology by the end of this year and investment will continue at this pace well into 2016. Blockchain holds the promise of more fluid and safer transactions and the traditional financial institutions are investing heavily and creating divisions geared towards maximizing the opportunity Blockchain presents.

Debates are on both sides of the coin (no pun intended) on this as Blockchain is the underlying technology for bitcoin, which these same institutions are leery of as the reputation is bitcoin operates on the dark net and is used in illegal and dangerous ways. But these same firms ignore that aspect of the development of the technology in order to leverage a competitive edge against other firms in the financial sector.

On 24 November in London and on 8 December in New York City, financial, technological and legal firms will be addressing these issues in an evening panel discussion on where the application of Blockchain is heading. With representation from R3CEV, a Blockchain/bank partnership incubator; VISA-Europe, Nasdaq; and VC firms investing in this technology, a high-level debate will tackle the challenges and opportunities of its use.

These After the Bell forums, created specifically for the FinTech community, are produced by The Mankoff Company. These two panels will speak to the major issues including: What can Blockchain actually do? An explanation of the underlying technology; Private vs. Public Blockchains – similar to private vs. public cloud technology? How does Blockchain allow for better traceability and auditing? How do you create a scaleable Blockchain? Where do the regulators stand on this technology and how will that impact growth as if they come down on it, does it mean all this investment is dead in the water? And for those looking ahead, how start-ups in this space are creating the technology and how the financial institutions are selecting the best ones to invest in, maximizing their presence in the space.

For more information on these events and to register, please go to for the London event and for the New York program.

[doodlebug4] 09/11/2015 15:31

VELA is a share which is currently in my 'dog drawer' flashheart, I bought in there several years ago unfortunately and I'm not convinced the company is back on track. Perhaps ok for a small punt for anyone who hasn't had their fingers burnt with VELA previously.

[flashheart] 09/11/2015 14:12

Sorry for slightly off topic but fellow Kuala club members may also be tempted by VELA. A similar VCT/Enterprise incubator to KUL which has also just taken a stake in block chain technology if anyone wants further exposure to this area. KUL seems to be taking a breather before the next leg up I think.