14. Juni 2018

Introduction: Cryptocurrencies are slowly, but steadily gaining more supporters. More investors, but also companies are joining the blockchain. Currently it is estimated that around 22 million users have joined the cryptoworld, but more are about to come. In 2 years, it is predicted that more than ten times than today, around 200 million users will be familiar with cryptocurrencies. Cryptocurrencies will be adopted by the masses for the daily usage, such as for payments and even more. People...

12. Juni 2018

Introduction: From 2009 until today, the blockchain technology has been developed significantly. With Bitcoin as the decentralized currency and Ethereum starting smart contracts, which allowed so many blockchain projects to exist nowadays, so many opportunities for businesses has opened up. As the technology evolves, new blockchains are developed to face previous known problems. Bitcoin, as well as Ethereum and others namely lack of efficiency (low transactions per minute), scalability and...

11. Juni 2018

Introduction: The global seabourne container shipping industry accounts according a statistics from statista.com over 60 percent of all world seaborne trades, valued over 12 trillion USD in 2017 alone. Statistics also show that the container shipping industry is still growing yearly. From 1980 up to today, the international seaborne trade carried by container ship almost increased by over 17 times to over 1720 tons of goods loaded yearly in 2016. Problems: Unfortunately the global container...

11. Juni 2018

Introduction: During the past few years, cryptocurrencies have massively gained more popularity around the world. Therefore many exchanges have opened up to offer traders to buy and sell different cryptocurrencies, mostly with the trading pairs BTC, ETH, LTC, NEO and USDT. But so far, there haven't been any exchange, which allows to trade commodities (such as Gold, Silver, Metal and many more) with cryptocurrencies. By doing so, this would revolutionize the way of trading between a vast number...

10. Juni 2018

Introduction: We all love sports, because it's a great entertainment to watch. Almost everyone of us is a fan of any sports team or sports player in the world. We support them by going to their games, chanting out their names and even buying up their merchandises. Problem: But not all players and teams have the luck to be on top of the league. Many of them have great talents, but simply lack exposure, fundings and a growing fan base. The Solution: With the emergence of the blockchain...

09. Juni 2018

Introduction: One thing in life, which cannot be avoided, but can be managed are risks. Risk management is mostly done via insurances for individuals and done by institutions via leveraging the derivative market. The Risk market is growing each year, but at the same time also many problems are arising. Known Problems: In the traditional insurance market, some problems have been known for several years without a solution so far. Those are for example: Centralized Product Design and Risk Pricing...

06. Juni 2018

Introduction: Everyone wants to have them, but not everyone can afford them, diamonds. According to a statistic from statista.com, yearly over 15 billion USD worth of diamonds are produced each year. The demand for diamonds is also growing each year with a sales currently worth over 79 billion USD. With that a lot of problems came up. Current Problems: Currently known problems in the diamond industries are for example: Expensive middlemans Complicated storage of records of diamonds...

20. Mai 2018

Introduction: The sport industry is one of the fastest growing industries in the world. Research has shown that the gross output value of the sport industry worldwide is greater than 2000 billion USD and will grow even bigger in the future. With such a fast growing industry, many problems arise, which needs to be solved as soon as possible to enable further growth. Current Problems: Data of many companies are not easily accessible Key information of industry are unable to be verified Lack of...

17. Mai 2018

Introduction: Buying products online has never been easier. According to a study by Statista 2018, retail e-commerce sales worldwide are expected to rise to 2842 billion USD in 2018. Compared to the years before, e-commerce sales will grow about 20%, which is a steady uptrend since 2014. E-commerce sales is furthermore expected to grow even bigger in the upcoming years. Existing Problem: With every passing second, thousands of online orders are made worldwide. Although logistics has improved a...

02. April 2018

Introduction:Data is one of the essential key resource for companies and projects to be successful. A study from the International Data Corporation (IDC, 2017) predicts, that by 2025, around 160 Zettabytes of data will be created worldwide. This is 7 times more than today’s data volume. Link to the Source Problems:With the digitalisation of data, data storage, data mining and data usage have become quite easier than before. But with the growth of data in the near future, it especially will be...