Quotient Capital Builds Up From SegWit2x Collapse

Quotient Capital Builds Up From SegWit2x Collapse

PR Newswire

MELBOURNE, Australia, Nov. 25, 2017 /PRNewswire/ – The world eagerly anticipated SegWit2x in early November this year, a “hard fork” in the Bitcoin blockchain that promised to improve the general usability of its technology, however, it seemed to have failed miserably.

The SegWit2x hard fork project is a New York Agreement that was signed earlier this year by multiple companies and miners to create a Bitcoin spinoff similar to what happened with Bitcoin Cash.

When a coin experiences a hard fork, two different coins, ledgers and sets of code originating from the same platform and blockchain are produced. The new coin is then given to the digital wallet holding the base cryptocurrency, benefitting coin holders for free.

SegWit2x was an attempt to increase the efficiency of the limited transaction speed from the meager 1MB base block size by upgrading the transaction capacity of SegWit2x blocks to 2MB.

Bitcoin Gold and Bitcoin Cash are some examples of hard forks that were created, with Bitcoin Cash currently occupying the third-highest cryptocurrency market capitalization spot, two positions behind its base block and market leader, Bitcoin.

When Bitcoin Cash first started trading on Aug. 1, 2017, its price hovered below $1,000 and remained relatively stable in the months that passed.

It was only within days of the SegWit2x failure in mid-November that the price of Bitcoin Cash rose from $600 to $2,500 US dollars. Interestingly, Koreans formed the majority of the volume at 48%.

Quotient Capital is a blockchain asset investment management company founded in Australia, 2004. The firm’s investment philosophy involves the acquisitions and trading of various cryptocurrencies, as well as investments into cryptocurrency-related companies and assets.

The investment firm with 5.8 billion USD in assets under management has impressively invested in Bitcoin Cash before the massive jump, making a substantial profit in the process.

Quotient Capital anticipates and reacts to major cryptocurrency events such as the SegWit2x failure, where high volatility is experienced and sound decisions are required. The firm has managed to profit handsomely from Bitcoin Cash’s jump as the firm had priorly bought into Bitcoin Cash/Korean Won trading pairs through Korean exchanges such as Korbit, Coinone and Bithumb.

Quotient Capital is one of the few multinational firms that has invested in the blockchain development of their traders and analysts and the firm attributes their keen foresight to their dynamic consultant team.

The ripple effect from Bitcoin Cash’s jump has made mining on the Bitcoin Cash blockchain more enticing. With more Bitcoin Cash in circulation, there will be an increase in liquidity to provide for lower trading fees, benefitting cryptocurrency asset investment firms such as Quotient Capital.

More importantly, the failure of SegWit2x symbolizes a greater problem; the stagnation and potential decline of the world’s number one cryptocurrency, Bitcoin.

If Bitcoin is unable to scale as designed to, then blockchain congestion will only worsen over time, causing higher transaction fees which will inevitably run counter to its original mandate: a digital currency for the masses.

Incidentally, the potential demise of Bitcoin will only serve to Bitcoin Cash’s advantage. Bitcoin Cash boasts a faster and more scalable infrastructure that allows added functionality such as micro-transactions.

If Bitcoin experiences another failed hard fork, it could start losing its appeal which will propel Bitcoin Cash to superstardom.

If Bitcoin could turn hundredaires into millionaires, Bitcoin Cash could turn Quotient Capital into the first trillion-dollar cryptocurrency investment firm.   

Quotient Capital

Quotient Capital is a blockchain asset investment management company founded in Australia, 2004.

The firm started as a conventional asset management company before focusing primarily in the acquisitions and trading of various cryptocurrencies, as well as investments into cryptocurrency-related companies and assets.

Quotient Capital currently has 5.8 billion USD assets under management and five offices globally. 

 

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SOURCE Quotient Capital

Quotient Capital Invests in Blockchain Payment Processing and Music Platforms

Quotient Capital Invests in Blockchain Payment Processing and Music Platforms

PR Newswire

MELBOURNE, Australia, Nov. 25, 2017 /PRNewswire/ — Blockchain has been making headlines globally with governments trying to regulate the industry or businesses churning up new ways of utilizing the technology. Some believe that the technology solves deficiencies in traditional processes while others are wary of the unknown circumstances that could arise. The general consensus however, is that blockchain will continue to remain and impact our lives.

As Bitcoin enters the financial spotlight, increasing seven times in value this year alone, attention is quickly drawn towards the blockchain technology. Most people have started to realize that the importance does not lie merely in the token in play, but in the concealed technology that grows in awareness.

When enterprises like Quotient Capital explored the capabilities of blockchain, they were amazed by the array of improvements the technology could bring, particularly in the financial services.

Blockchain is effective in solving complex processes, using a universal ledger that is private and secured. Every activity is transparent and unable to be manipulated, resolving trust issues as trust is constructed into the core of the system.     

Quotient Capital has been actively searching for innovative blockchain applications that businesses have to offer and invests in them. The thriving industry has generated returns that have surpassed the equities market.

A blockchain payment processing platform allows businesses to digitize assets and facilitate reliable transactions online. The application aims to provide fast, safe and affordable financial transactions by using encrypted ledgers in the absence of any intermediaries. This way, the process is expedited at a lower cost. In the future, smart contracts can be implemented in which the ledger automatically executes orders, thus further improving speed of delivery and eliminating any room for error.

The Blockchain Music Platform is another useful application of the technology. Today’s providers protect their content through a series of consumer restrictions. Blockchain allows individual files to be stored on a decentralized network and is able to verify the user’s credentials autonomously, enabling payments directly to the contributing artist. This benefits artists and users greatly as record labels cease to collect the lion’s share of the artist’s creation.

Quotient Capital

Quotient Capital is a blockchain asset investment management company founded in Australia, 2004.

The firm started as a conventional asset management company before focusing primarily in the acquisitions and trading of various cryptocurrencies, as well as investments into cryptocurrency-related companies and assets.

Quotient Capital currently has 5.8 billion USD assets under management and five offices globally. 

 

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SOURCE Quotient Capital

Quotient Capital Recognizes Green Blockchain Technology

Quotient Capital Recognizes Green Blockchain Technology

PR Newswire

MELBOURNE, Australia, Nov. 25, 2017 /PRNewswire/ – In the 21st century, climate change has been a much-discussed topic by scientists from every corner of the world. The alarmingly increasing rate of global warming, mainly due to carbon emissions, has made 2016 the warmest year in history.

Global warming issues have brought world leaders together on many occasions, as they cooperate to combat the daunting task of reducing carbon emissions. However, it is only recently that a compelling solution was found.

Reducing carbon emissions begin with managing carbon footprints on an industrial scale. Businesses would require an accurate ledger to track all carbon emissions, be it in manufacturing or farming. Blockchain technology offers such capabilities, guaranteeing transparent and verifiable records that cannot be tampered with. It will replace the current carbon tracking system that was created by the United Nations as it lacks visibility and credibility. There is also the issue of double counting carbon incentives and having different standards in different jurisdictions.

This is where “carbon currency” comes into play. With a new universal ledger, governments are able to assign culpability accurately and reliably. Carbon currency can be used to pay for the negative carbon impact created and likewise be used to rebate carbon reduction projects.

Sustainable projects to regrow or preserve the rainforests are one of the most effective means of reducing carbon emission in an extensive and economical way. The forest ecosystem is a natural counter to carbon dioxide as they recycle and reduce carbon footprints. In order to incentivize green projects, carbon credits can be offered to motivate businesses to lessen their negative impact on the environment.

Carbon currency could also motivate the development of peer-to-peer renewable energy trades. Businesses will now be able to trade or exchange renewable energy assets freely on a cryptocurrency exchange.

Jon Downing, CEO of Quotient Capital, explains, “Blockchain technology enables us to allocate a financial value on the planet’s resources, something that was never done before. This means that we will now know exactly how much of the environment goes into every manufactured product, and more importantly who are the parties responsible. This is a significant leap towards world preservation. Quotient Capital is currently exploring all potential opportunities that could arise from these exciting developments.”

Quotient Capital

Quotient Capital is a blockchain asset investment management company founded in Australia, 2004.

The firm started as a conventional asset management company before focusing primarily in the acquisitions and trading of various cryptocurrencies, as well as investments into cryptocurrency-related companies and assets.

Quotient Capital currently has 5.8 billion USD assets under management and five offices globally. 

 

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SOURCE Quotient Capital