[The Crypto Report is a subset of the Market Lab Report.]
Bitcoin, gold and the S&P 500 have become increasingly correlated against the dollar as quantitative easing accelerates. The correlation between gold and bitcoin are at all-time highs. This shows the dollar is losing its strength and influence. This is bullish not just for bitcoin and alt coins such as the two mentioned in this report, but also for stocks, gold, and hard assets.
Origin Trail [TRAC] just received a big deal for EU data protection as it enables companies to transmit using their platform in private. This company has been referred to as the Google for supply chain/bar codes as it provides a communication protocol between centralized and decentralized systems. It's tech creates plug n play between legacy, SAP, GS-1, and British Institution Standards, among others to share data in a trustless system with other parties. Smart farming and food use cases are two of many examples. 2-D bar codes with GS-1 allows TRAC integration into various supply chains. COVID has disrupted food supply chains so TRAC which is at the forefront will benefit.
Morpheus [MIXT]: The company solves complexities and unknowns in building Dapp and IT solutions on blockchain. They just received a major deal with big four accounting firm PwC in developing a smart compliance app via blockchain which is trustless. This is a huge improvement over normal IT infrastructure which requires trust which is why we still have paper/wet sigs. Blockchain removes this last analog piece of infrastructure and makes it digital.
Bitcoin, gold and the S&P 500 have become increasingly correlated against the dollar as quantitative easing accelerates. The correlation between gold and bitcoin are at all-time highs. This shows the dollar is losing its strength and influence. This is bullish not just for bitcoin and alt coins such as the two mentioned in this report, but also for stocks, gold, and hard assets.
Origin Trail [TRAC] just received a big deal for EU data protection as it enables companies to transmit using their platform in private. This company has been referred to as the Google for supply chain/bar codes as it provides a communication protocol between centralized and decentralized systems. It's tech creates plug n play between legacy, SAP, GS-1, and British Institution Standards, among others to share data in a trustless system with other parties. Smart farming and food use cases are two of many examples. 2-D bar codes with GS-1 allows TRAC integration into various supply chains. COVID has disrupted food supply chains so TRAC which is at the forefront will benefit.
Morpheus [MIXT]: The company solves complexities and unknowns in building Dapp and IT solutions on blockchain. They just received a major deal with big four accounting firm PwC in developing a smart compliance app via blockchain which is trustless. This is a huge improvement over normal IT infrastructure which requires trust which is why we still have paper/wet sigs. Blockchain removes this last analog piece of infrastructure and makes it digital.