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TECH Techfinancials Inc

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Last Updated: 01:00:00
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Techfinancials Investors - TECH

Techfinancials Investors - TECH

Share Name Share Symbol Market Stock Type
Techfinancials Inc TECH London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.45 01:00:00
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Posted at 22/10/2019 16:22 by dm2000
Please tell me what this has to do with TECH as I'm a new investor
Posted at 12/6/2019 14:49 by zen12
You may need to watch and learn as most experience investors pay a close attention to trades. It does not appear to a p&d as the traders is indicating otherwise. Keep watching and you’ll learn a thing or two.
Posted at 12/6/2019 12:35 by tidy 2
TechFinancials (AIM: TECH), a fintech software provider of financial solutions including blockchain-based digital assets and traditional financial trading solutions for retail clients, is pleased to announce the launch of its new corporate and investor website.To view the new corporate website, please visit: https://techfinancials.com/To view the new investor website, please visit: hTtps://group.techfinancials.com/
Posted at 12/6/2019 12:14 by tidy 2
Liverpool is expected to be the first club to sign up. TechFinancials (LON: TECH)TechFinancials started out as a provider of software to online spreadbetting/CFD sites but its focus has switched to blockchain projects. The most interesting is a blockchain-based sports ticketing business.Investors have been waiting for the announcement of the first football club to sign up and there should be a positive reaction by the share price.The idea is to use blockchain technology to enable the sports club to take control of the initial sale of a ticket and any secondary ticket transactions. Because the ticketing is fully digital it will prevent ticket touts and highly inflated resale prices.Tickets can be resold via the platform and the club will take a share of any profit over the ticket price. The club can also track attendance and make specific merchandise offers to fans.TechFinancials is developing the ticketing venture with Footies Tech Ltd. The new joint venture company will licence the blockchain technology from TechFinancials, which will hold a 75% stake in the venture. TechFinancials is injecting up to $500,000 into the company, once a client is signed up.Longer-term, more cash will be required so that stake may be diluted. However, it is also likely to lead to an uplift in the value of the stake.Former Liverpool FC chief executive Ian Ayre is chairman of the new company. This makes it most likely that a football club will be the first to sign up for the venture. The system will work for other sports.TechFinancials has been a disappointment but signing up a club to its ticketing system will go some way to recovering past share price losses.
Posted at 12/6/2019 09:14 by ny boy
Been accumulating these for a while, pleased with progress, started according litecoin last year too, certainly some good investor interest in crypto’s.
Posted at 05/11/2018 16:07 by euclid5
D1 Coin will offer investors straightforward access to diamonds as an asset classD1 Coin will offer investors straightforward access to diamonds as an asset class

Diamond ETFs and unit trusts have been tried too, but these have proved unwieldy and failed too, since each diamond is different.

A single carat of one stone may hold a widely disparate valuation from a single carat of another stone – it’s not like the gold space at all, where the price for an ounce of gold is the price for an ounce.

Until now, the prospect of creating an investible vehicle for diamonds as an asset class has been elusive.

But the rise of cryptocurrencies has changed all that. And now a new opportunity is emerging, one that can tie an investment to diamonds directly to specific cut and polished stones.

D1 Coin, a diamond-backed token is to be officially launched later this year.

Its founder, Hogi Hyun, is an experienced fund manager from Singapore with an instinctive understanding of how high net worth individuals and institutions want to husband their assets. Some of them, he says, want to keep some of their assets outside of the banking system. And with the history of the financial markets over the past decade and a half in mind, it’s not hard to see why.

There is physical gold, of course, and gold-backed instruments. But the physical is actually immensely heavy, and hard to move around in significant quantity. Diamonds, on the other hand, are relatively light and can store a huge amount of value in a tiny space.

With the liquidity that crypto can offer, it seemed a natural next step to create a diamond-backed crypto, and hence D1 was born.

“It was an 18 month journey to create D1,” says Hyun.

“We had to hire the team to create the token.”

That in itself wasn’t a simple task as the blockchain technology in question is being used not only as a ledger for trades, but also to create a ledger for each individual diamond.

The idea is simple. The D1 token is issued at a dollar price, and until the investor chooses to exchange for actual diamonds, all he or she is holding is a token, pegged to one-thousandth of the value of a one-carat diamond. Tokens are only issued when new diamonds are added to the company’s portfolio.

But at the moment of exchange, the investor can then choose to reserve diamonds from an extensive portfolio of physical stones that D1 will be holding.

At this stage, it’s likely these will be sourced from Alrosa. “Alrosa is interested because it pushes up demand,” he says. If supply is taken out of the market, then prices are likely to firm.

Token pre-sale started on 15 October​
But the key point from the investor perspective is that D1 will be able to acquire cut and polished stones at wholesale prices, an opportunity that’s very rarely made available to average punters.

And it’s not only Alrosa that Hyun has got lined up to do business with D1. He’s also established relationships with KGK and Kristal, who rank among the world’s largest cutters and polishers.

So, all told, D1 looks like an attractive way to enter the previously closed diamond investment space, and at wholesale prices.

The token pre-sale began on 15 October and will end shortly.

The nominal price per token will be USD$10.00, with varying discounts for pre-sale buyers at varying stages of issuance.

www.proactiveinvestors.co.uk/companies/news/208521/d1-coin-will-offer-investors-straightforward-access-to-diamonds-as-an-asset-class-208521.html
Posted at 26/12/2017 01:30 by simpletonremover
Interesting:

______



Bitcoin Price is Expected to Surge Rapidly in 2018, Potential Factors to Consider



25/12/2017 7:11pm

NEWSBTC


Many analysts expect the bitcoin price to surge rapidly throughout 2018, in consideration of the increasing adoption of the cryptocurrency by major financial institutions, service providers, and individual investors across the world.


Cboe, NYSE, and Goldman Sachs Bitcoin ETF / Trading


By early 2018, the global finance market’s largest futures exchange, stock market, and investment banks the Chicago Board Options Exchange (Cboe), New York Stock Exchange (NYSE), and Goldman Sachs plan to introduce bitcoin exchange-traded funds (ETFs) and cryptocurrency exchanges.

This week, after demonstrating a successful launch of bitcoin futures, Cboe filed to list six major bitcoin ETFs in major US stock markets:


First Trust Bitcoin Strategy ETF
First Trust Inverse Bitcoin Strategy ETF
REX Bitcoin Strategy ETF
REX Short Bitcoin Strategy ETF
GraniteShares Bitcoin ETF
GraniteShares Short Bitcoin ETF


NYSE, the largest stock market in the world, also filed two bitcoin ETF applications to the US Securities and Exchange Commission (SEC) named ProShares.

Cboe spokesperson stated that the organization has come to a decision to provide more efficient and accessible investment tools for investors to utilize in trading bitcoin, given the increase in demand for bitcoin on both Cboe and CME Group futures exchanges.


“Given the success of the launch of our bitcoin futures, several partners are very interested in moving forward with the development of an exchange-traded product,” said the Cboe spokesperson.


Jeff Sprecher, the chairman of NYSE, publicly expressed his regret in not listing bitcoin futures ahead of Cboe and CME Group at an investor conference sponsored by the Goldman Sachs.


Seeing the exponential increase in the demand for cryptocurrencies by institutional, retail, and individual investors in the traditional finance market, Sprecher stated:

“We may be stupid for not being first on that… I don’t have the answers, I wish I knew… I don’t know what to make of cryptocurrencies.221;


In the near future, based on the high trading volumes of the Cboe and CME bitcoin futures, NYSE will likely launch a bitcoin futures trading platform on its own, subsequent to launching its ProShares bitcoin ETFs.


Unlike futures, which are aimed for large-scale institutional investors and retail traders, ETFs provide a more efficient and seamless channel for individual investors. Earlier this year, billionaire investor Mark Cuban revealed that he has invested in bitcoin through an exchange-traded note (ETN) in the Nordic Nasdaq, a stock market based in Sweden, because it was the only regulated bitcoin investment instrument apart from Digital Currency Group’s Bitcoin Investment Trust.


“It is interesting because there are a lot of assets which their value is just based on supply and demand. Most stocks, there is no intrinsic value because you have no true ownership rights and no voting rights. You just have the ability to buy and sell those stocks. Bitcoin is the same thing. Its value is based on supply demand. I have bought some through an ETN based on a Swedish exchange,” said Cuban at the Vanity Fair New Establishment Summit in Los Angeles, as reported by LiveBitcoinNews.


Bitcoin $40,000

Billionaire investors and highly respected analysts including hedge fund investor Mike Novogratz, prominent financial analyst Max Keiser, and Fundstrat’s Tom Lee stated that the price of bitcoin will likely surpass the $40,000 margin by the end of 2018, and achieve a $1 trillion market cap.
Posted at 20/12/2017 23:35 by tomboyb
hxxps://cryptonewsmonitor.com/2017/12/20/cedex-the-first-certified-blockchain-based-diamond-exchange/

CEDEX: The First Certified Blockchain-based Diamond Exchange
December 20, 2017 Bitcoinist CEDEX, diamond investing, diamonds, Emerging Markets, FINTECH, ICOs, NEWS, News teaser, Sponsored Article, Token Sales, tokenization 0


This article was originally posted on Bitcoinist - one of the leading sources for information about Bitcoin, digital currency and blockchain technology. With one of the most reliable news teams in the industry, Bitcoinist provides up-to-date news and insightful analysis. For more follow the link below.

They may be a girl’s best friend, but diamond dealers and investors are going to love CEDEX, the first certified diamond exchange to be built using blockchain technology.

The diamond market has an estimated turnover of $80 billion per year, yet investor demand accounts for only 5% of that – the rest is consumer demand from the jewelry industry. Historically, diamonds have been a consistent store of value, just like gold and other precious metals, so why aren’t more investors looking at diamonds as an investment vehicle?

Despite their total market value, diamonds are not considered a financial asset class and, as such, there is no established market for their trade, unlike traditional commodities. CEDEX aims to change all of that with the launch of the first certified blockchain-based exchange that will tokenize and transform diamonds into a tradeable asset.



Removing the Barriers to Entry for Diamond Investing
The CEDEX platform removes the three major issues facing the diamond market that have kept it from being a viable alternative investment class – lack of transparency, lack of liquidity, and lack of standardization.

Lack of Transparency

The diamond industry is plagued by obfuscation, both deliberate and unintentional. A lack of clear and transparent pricing, coupled with markups, list prices, and a “closed shop” mentality makes it very difficult for the average investor to understand how a diamond is valued and how to gauge its worth.

CEDEX uses a proprietary machine learning algorithm called DEX that rates a diamond’s asking price by taking into account the stone’s gem composite (GIA), parallel trades, and market trends. The result is an objective market value, that doesn’t require investors to be diamond experts to understand.

Lack of Liquidity

The basis of any commodities market is an asset’s liquidity – that is, the ability to buy an asset and then sell it at some point in the future at a gain. The diamond market is decidedly illiquid. Most diamonds are sold to consumers in one-sided transactions and places anyone wishing to resell their stones at a severe disadvantage. The way the market is currently structured, consumers wishing to resell their diamonds never realize a gain on their initial purchase. They are forced to sell at a loss, often as much as 50%.

CEDEX addresses the liquidity issue through the tokenization of the diamonds on its platform. Diamond dealers and private sellers have more options with regards to selling their stones the barrier to entry for investing is much lower so more people will be able to invest in diamonds than ever before.

Lack of Standardization

When someone invests in gold, they are investing in a standardized, fungible asset. An ounce of gold is an ounce of gold – there is no deviation in composition or value between ounces. Diamonds are a different story – no two stones are alike, making it difficult to establish a standardized valuation.

The CEDEX platform creates a single benchmark for each diamond category so that buyers and sellers can easily see how one diamond rates against other stones in the same category.

CEDEX Token Offering
Posted at 04/12/2017 10:45 by fairenough11
CEDEX - The Cryptocurrency That Will Turn Diamonds into A Tradeable Asset
12/02/2017 04:03 am ET

PIXABAY
Image Source: Pixabay
CEDEX promises to bridge the gap between the traditional diamond industry and innovative financial markets. For the first time, general investors could have the opportunity to confidently invest in diamonds as they would in other traditional assets.

Historically, diamonds have resembled gold and other precious metals as a steady store of value. However, there area few significant issues that continue to prevent diamonds from being an option for the average investor. Until recently, there weren’t any practical solutions to those issues, and it seemed that the massive potential of the diamond market would remain mostly untapped.

Now, that’s finally beginning to change. Withthe advent of cryptocurrencies and their recent surge in popularity, innovation is beginning to spread to other industries. CEDEX is one of those innovative projects - a blockchain-based diamond exchange with a novel approach to the diamond financial market.

First, it’s important to understand the issues that the diamond industry currently faces. Those are a lack of transparency, lack of liquidity, and lack of standardization.

The prevalent “closed shop mentality” in the diamond businessmakes it practically impossible for anyone who’s not “in the know” to understand how a diamond is valued and to gauge its true worth. This results in a lack of clear and transparent pricing, hindering the ability ofgeneral investorsto purchase diamonds with confidence.

For sellers, there’s another problem - lack of liquidity. Diamonds are mainly sold to end consumers in a one-sided transaction. This skewed market automatically places anyone who owns a diamond at a severe disadvantage if they want to resell their asset. The current market structure is designed to ensure consumers can only resell their diamond at a substantial lossof 30% - 50%.

And finally, there’s a lack of standardization. Unlike gold and other precious metals, diamonds are not fungible. In other words, each diamond is unique, and its value can’t be determined from any one metric on its own.If the average Joe would like to determinea diamond’s value, he needs to take it to a professional appraiser. The appraiser would then subjectively assess the value based on the 4Cs of diamond quality: color grade, clarity grade, cut grade, and carat weight.

Any one of those issues would be challenging to overcome on its own, and it’s fair to wonder how in the world CEDEX is going to overcome all three. The solution - like the problem - has multiple parts.

Let’s start with CEDEX.com, the decentralized exchange platform that brings together the two sides of the diamond market. CEDEX uses Ethereum’s blockchain technology and smart contracts to trustlessly enforce the terms of transactions between diamond buyers and sellers. On the supply side of the market, the exchange platform serves as a new distribution channel for existing diamond dealers, as well as a way for private diamond holders to resell their diamonds at fairer prices than they could hope to get today. On the demand side, CEDEX has appeal to general investors who could buy diamonds as a hedge against inflation and the stock market, as well as cryptocurrency investors who could invest in a less volatile crypto asset.

The second, completely novelpart of the solution is the DEX. If diamonds are going to be as easy to invest in and trade as other traditional assets, there needs to be a way for anybody to efficiently and accurately appraise a diamond’s value. That’s the role played by the DEX. It’s a machine learning algorithm that was created as a means of transparently and coherently evaluating diamonds, with a pricing accuracy rate of over 99.5%.

The DEX appraises three main elements of each diamond. First, it analyzes data collected directly from the Gemological Institute of America (GIA) in order to assign diamonds with a gemological “score”, representing its gemological purity. Then it assesses the parallel composite, which indicates how rare the particular type of diamond is. Finally, it accounts for the diamond indices composite, using globally published indexes to provide investors with insights on the market’s direction.

Ultimately, the DEX is the most important and exciting part of the CEDEX project. For cryptocurrency enthusiasts and investors, transparency and trustlessness are absolutely critical. If somebody buys Bitcoin, they don’t have to trust anybody to safely store it, to allow them to transact with it, or to not inflate it. Nobody controls Bitcoin, it is just open-source computer code.

Similarly, the DEX is a trustless alternative to traditional diamond appraisal. It means that diamonds can now be objectively and consistently evaluated by computer code, rather than subjectively evaluated by people. As a bonus, the DEX is available 24/7 to anybody with internet access, making it far more accessible and efficient than human diamond appraisers.

For investors and cryptocurrency enthusiastsalike, CEDEX presents an incredibly appealing option. Given all of the benefits of decentralized cryptocurrencies, plus the low volatility of a historically stable asset, what’s not to love?
Posted at 03/12/2017 14:41 by fairenough11
Transforming Diamond into a Real Asset Through CEDEX Platform
Posted on 10:00 am November 24, 2017
Author Guest AuthorCategories Sponsored Stories



cedex
There are certain issues that are presently hindering the classification of diamonds as an asset, notwithstanding the various calls for diamonds as part of a favorable alternative investment. When compared with other commodities like gold, it is quite hard to realize a uniform price for diamonds because they are not fungible. What this means is that a particular carat of diamond isn’t equivalent to another carat because of the innumerable combination of characteristics of the diamond.

Additionally, the diamond market lacks liquidity. As much as a person can purchase a diamond, it becomes a challenge in reselling it at a reasonable market price. Because the exchanges of diamond are done on a business-to-business basis, this makes them irrelevant for investors coupled with the unavailability of a platform for reselling them.

To ensure that these gaps are bridged, CEDEX has come to the rescue through a tokenization process that will transform diamonds into a fungible asset with well-defined values. This platform by CEDEX is set to revolutionize the diamond market by providing transparency to make diamond a viable asset.

What is the Technology behind CEDEX?

A machine-learning algorithm known as DEX, is specifically designed to bring coherency and transparency to the diamond financial market. The machine comprises of three key components

A global inventory analysis
Diamond market financial indices
Gemological composition of individually listed diamonds on CEDEX
The DEX is designed in a way that it would incorporate artificial neural network technology, making use of all available diamond data. The interesting thing about all this is that it open and transparent for investing or trading diamonds over the platform. The beta version of the DEX is currently being developed, which will provide a theoretical price for each diamond and rate it through its relative market value instantly.

There are basically three obstacles preventing diamonds from being considered as an asset class and these include:

Lack of Transparency: There is no data available online to ascertain the real value of diamond in the market.
Standardization: This is the ability to trade one diamond against another as each diamond is unique. This brings the question as to how do we create a homogenous product?
The lack of Liquidity: This is a situation where buying is not a problem, but reselling is.
So, what is the solution to these obstacles?

In dealing with these obstacles, CEDEX considers two major technologies. The first is the blockchain technology while the second is the DEX Technology. The DEX Technology as already noted considers three major categories

The Gem composition or the Gemological composition of the stone
Parallel traits – these are traits done in the market
Market indices – These are market trends, which are compiled together, and the outcome produces a market value.
It is important to note that this is the first time in history that there will be an objective real-time machine with the capability of generating a complete transparent market and provide diamond holders and investors the opportunity of holding a real market value.

Through the DEX technology, the two major obstacles are solved, which is the transparency and standardization issues.

How does DEX provide transparency and standardization?

For instance, two different people are trying to trade a one-carat diamond and both parties are asking for $100. Can you determine, which one is a better deal considering the fact that the gem composite of the diamond cannot be evaluated?

Because of this, the real value of the one-carat diamond cannot be determined. DEX takes each diamond, analyses it and based on the algorithm of the machine, it can provide a benchmark rating. The DEX will now assign the value of the diamond in line with the current market price. The DEX rates the asking price of the diamond over the market price.

In the area of liquidity, the DEX uses a two-sided approach by enhancing both the supply and demand aspects. The supply aspect comprises of the diamond dealers and the private diamond holders while the demand aspect has the general investors and the cryptocurrency investors. You can use CEDEX coin to buy a diamond. This new opportunity enables cryptocurrency investors to realize their profits as a real asset.

How does the CEDEX Platform Work?

You can watch the full video of the uniqueness of the CEDEX platform here. CEDEX uses a simple process, which begins with you going to their website. You upload the Gemological Institute of America (GIA) certificate and the system retrieves all the data. With this data, you can select the tokenization option available for the diamond to be sold. This option includes a single diamond, shared investment or diamond Basket (ETF). You can sell to a particular investor or in the area of shared investment, you have the option of selling your diamond to more than two people. In this case, the system will create a partial contract of the number of people involved with partial ownership of the diamond.

After selecting the tokenization option, the next option is deciding how you want the diamond distributed. You can decide to use the peer-to-peer method or the CEDEX exchange. The peer-to-peer method affords you the opportunity of putting the diamond in your wallet and selling it directly.

For the CEDEX exchange, the Custodian verifies the diamond matching it with the GIA certificate uploaded. If the diamond matches the GIA certificate, the Custodian takes the diamond and stores it. The system automatically uploads the smart contract. This contract is a representation of the diamond kept in the safe by the Custodian.

The diamond stays in the safe as long as transactions are being carried on. The diamond ceases to be in the safe the moment the investor(s) decides to hit the “deliver” button. After this, the diamond is delivered to your home or office and the token removed from the system.

CEDEX gives you the opportunity of investing in diamond without being an expert. The token presale is set to take place on Friday, January 12, 2018, at 1900 GMT. To participate, register on the CEDEX token pre-sale website.

About CEDEX

CEDEX is a global exchange with the aim of closing the gap between the innovative financial markets and the traditional diamond industry. It aims at providing a groundbreaking change that will enable people to liquidate and invest in diamonds like other financial assets through a secure and transparent process.

The platform will give people the access to invest in diamonds, shares in a basket of diamonds (ETF), or shares of a high-value stone. Sellers, buyers, and investors will have full confidence because of the transparency in the value of diamond — facilitated by DEX, a blockchain technology and machine-learning algorithm that will provide the rates of a diamond asking price. It is the goal of CEDEX to create an exceptional benchmark value, contract, and rate for every stone. The CEDEX token pre-sale is set to take place on Friday, January 12, 2018, at 1900 GMT

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