MARKETORDERS CO-FOUNDER QUOTED IN BTCNN

Investor May Have Sold $1.5 Billion Of Gold To Buy Bitcoin As Price Spikes.

 

An investor puked about 11,000 gold futures contracts into the market recently. This increased the supply in the market and thereby sent gold’s price tumbling down to its lowest since January. Meanwhile, there was a spike in the price of Bitcoin.

Gold Puked and Bitcoin Spike

As the price of Gold tumbled to its lowest since January, Forbes posted an article titled “Bitcoin Is The New Gold” the same day. This also coincides with a spike in the value of Bitcoin. Well-renowned crypto influencer, Joseph Young took to social media as he tweeted that the entire market is seeing major greens with bitcoin’s price rising by almost 3%. This took place after the Bitcoin price has been lingering in the range of $5,000 and 5,050 for a while.

In response to Young’s tweet, Ran NeuNer, a well-known crypto expert and the founder and CEO of Onchain Capital, a crypto investment and advisory business, tweeted that “Sorry it was me. I placed my buy orders..”

Meanwhile, though it may seem like a sarcasm, there could be a correlation between the investor that puked Gold and the sudden spike of Bitcoin. Obviously, this brings forth the debate of Bitcoin being the digital gold. If it is possible for an investor to desert gold for Bitcoin, hence Bitcoin could be the Gold that its dominance will become prevalent with time.

This is especially made more explicit with the events such as Venezuelan crisis, as the Bank of England refused to give back the gold held by it to the nation, this fuels bitcoin’s usage as gold.

Founder and partner at Morgan Creek Digital, Anthony Pompliano, commented regarding this matter that “Venezuela’s request to withdraw its own gold of worth $1.2 billion from the Bank of England getting denied is the reason we should turn to bitcoin and the cryptosystem of financial transaction. This is another down for the Bankers and the banking system not letting the individuals to access their wealth.”

Bitcoin, the Digital Gold

The probable reason for a dump of gold for Bitcoin is summed up in the words of the founder and chief operating officer of MarketOrder Sukhi Jutla; he noted that “Bitcoin is still going strong after a decade and has proven itself to be a real and worthwhile use case. I believe it does have the potential to become digital gold.” Jutla stated this while replying to the question of bitcoin becoming the digital gold recently.

Perhaps, Bitcoin becoming the digital Gold is a subject of time. The prospects thus far have proven this.

 

Written by btcnn: https://www.btcnn.com/bitcoin-news/investor-may-have-sold-1-5-billion-of-gold-to-buy-bitcoin-as-price-spikes/

MARKETORDERS COO QUOTED IN BLOCKPUBLISHER

Someone Puked $1.5 B in Gold & Bought Bitcoin?

Sukhi Jutla: ‘Bitcoin is still going strong after a decade and has proven itself to be a real and worthwhile use case. I believe it does have the potential to become digital gold.’

Click HERE to read the article

 

BITCOIN IS NOT HARNESSING, IT’S REPLACING WESTERN UNION & REMITTANCE INDUSTRY

Sukhi Jutla: “Bitcoin was the first use case for payments and financial transactions. Its relevance for the remittance industry is therefore very high and relevant. It’s a proven model and one of the most trusted crypto’s out there.”

Click HERE to read the article

 

BITCOIN (BTC) PRICE: ANOTHER DAY OF NO GROWTH, LITTLE REDS HERE AND THERE

Sukhi Jutla: “This is a natural correction of the market as the markets were overly inflated over the last year which lead to the crypto crashing in 2018 due to the realisation that many ICOs were scams and had been hyped.”

Click HERE to read the article

 

BITCOIN PRICE: BTC STANDS AT $3,800 WITH PLEASANT SIGNS OF GROWTH

Sukhi Jutla: “Crypto’s are still recovering from the volatility of 2018, lots of uncertainty still remains and will continue to do so for the next 6 months.”

Click HERE to read the article

 

“I BELIEVE IT DOES HAVE THE POTENTIAL TO BECOME DIGITAL GOLD” – COO MARKETORDERS ON BITCOIN

Sukhi Jutla: “Bitcoin will compete with other cryptos in the market that are still emerging and I believe the markets will be dominated by a handful of a few strong cryptos, one of which will be Bitcoin.”

Click HERE to read the article

 

BITCOIN PRICE: BTC MOVES BELOW $4,000 ONCE AGAIN

Sukhi Jutla: “There were also more ICOs in 2017 so this led to a surge in investors buying ethers and bitcoin. 2018 had far fewer ICOs so the ether and BTC coins also feel as demand was lower.”

Click HERE to read the article

 

Written by: MarketOrders 

MARKETORDERS COO QUOTED IN CHINESE NASDAQC

Bitcoin is replacing Western Union and MoneyGram and changing the global money transfer industry

 

It is reported that Bitcoin (BTC) can completely change the global remittance industry. Currently, more than $600 billion is moved annually from different countries, including the United States.

Cryptographic currency is also a great tool for smaller, cheaper and faster transactions. Virtual currency makes the whole process error-free and untrustworthy.

In a conversation with MarketOrders Chief Operating Officer BlockPublisher, Sukhi Jutla commented:

“Bitcoin is the first use case for payments and financial transactions. Therefore, its relevance to the remittance industry is very high and relevant. It is a proven model and one of the most trusted encryptions.”

The Money Transfer Operator (MTO) is an important participant in the entire remittance process because it oversees remittances sent to another country. MTO allows individuals and companies to remit money to the country and pay for services. MTO is supported by remittance software providers (RSPs) such as the well-known MoneyGram and Western Union.

There are only a few large companies on the market, including MoneyGram and Western Union. They have multiple locations and jurisdictions, and they are known all over the world. In addition, they do not have a fixed transaction cost and their share varies by location.

Still, the remittance industry should perform better, reduce costs, and improve trading time.

Bitcoin may be a very useful solution to these problems. Digital currency ensures the security of transactions and the speed of transfer. At the same time, the transaction can be verified without the participation of a third party. Although it is not free, the Bitcoin network has the lowest cost compared to existing systems.

There have been companies trying to release their own virtual currency to improve their services and still control the way transactions are handled. JPMorgan is currently developing JPM Coin. As Mark Moss, founder of Signal Profits, said, these companies are not aware of how cryptocurrencies will replace their businesses.

With Bitcoin, people have real ownership of their money and funds. They can also trade funds on a global scale, anytime, anywhere. In the future, Bitcoin can be a replacement for current systems.

 

Read more: http://www.nasdaqcj.com/blockchain/2019/03/04/3727.html

MarketOrders in the Blockchain Press

 

This month MarketOrders has been featured in 4 articles related to blockchain related news. Check out the articles in the links below:

 

Jan 11 2019: In this article, our COO Sukhi Jutla gives her views on the crypto markets and the associated volatility.

 

Read more here: https://blockpublisher.com/bitcoin-price-btc-moves-below-4000-once-again/

 

 

Jan 12 2019: The market situation is worsening and major sell-off events are being observed in the crypto space. Analysts and experts, however, were not very surprised by the sudden plunge in valuations of most of the cryptocurrencies. According to Sukhi Jutla, the founder & COO of MarketOrders, the market plunge was barely a natural market correction because it was overinflated last year.

 

Read more here: https://blockpublisher.com/were-not-expecting-a-real-rebound-anytime-soon-according-to-co-founder-of-altonomy/

 

 

18 Jan 2019: “I Believe it Does Have the Potential to Become Digital Gold” – COO MarketOrders on Bitcoin.

 

Read more here: https://blockpublisher.com/i-believe-it-does-have-the-potential-to-become-digital-gold-coo-marketorders-on-bitcoin/

 

20 Jan 2019: Bitcoin Price: BTC Stands at $3,800 with Pleasant Signs of Growth

Although the market is showing subtle growth, the momentum building is still missing, and the direction of the market is still undefined. Sukhi Jutla, Founder & COO of MarketOrders believed that the uncertainty might continue for quite a while.

 

Read more here: https://blockpublisher.com/bitcoin-price-btc-stands-at-3800-with-pleasant-signs-of-growth/

 

About MarketOrders

MarketOrders helps independent retail jewellers to get the products they need faster, cheaper and direct from global suppliers. If you are an independent retail jeweller find out more at https://marketorders.net/

Connect with us:

Web: https://marketorders.net/
Facebook: https://www.facebook.com/marketordersofficial/
Twitter: https://twitter.com/Market_Orders
Instagram: https://www.instagram.com/marketorder/
LinkedIn: https://www.linkedin.com/company/market-orders/

YouTube: https://www.youtube.com/channel/UCFnJ5_ZVaH3Gpd67Poeunxg

Contact details: info@marketorders.net


Written by MarketOrders

 

MarketOrders named on BusinessCloud’s 301 Female Tech Trailblazers list.

 

MarketOrders is pleased to announce their co-founder and COO, Sukhi Jutla is named as a Female Tech Trailblazer by the latest list announced by Business Cloud.

 

The list is made up of everybody from household names to inspirational women at the start of a journey in tech who have the potential to change the industry. The list is published online at Business Cloud as well in the Q4 2018 print edition.

 

Chris McGuire, BusinessCloud’s editor said:

We’ve ripped up the rule book…rather than limit ourselves to 101 names on our must-read lists we’ve taken off the brakes by publishing the names of 301 female entrepreneurs and pioneers of tech. One statistic that is trotted out is that only 17 per cent of people in the tech sector are women. We need to increase the number of women working in tech and we hope that by publishing a list of 301 female entrepreneurs and pioneers of tech, they’ll become role models to the next generation.’’

 

Ram Krishnna Rao, MarketOrders CEO said:

‘I’m very proud to have a diverse team as we actively encourage and promote more women in tech at MarketOrders so it’s great that my co-founder and COO Sukhi is recognised as a tech pioneer and serves as a role model to other women considering a career in technology.’

 

 

The full list can be viewed online here: https://www.businesscloud.co.uk/301-tech-trailblazers

 

About MarketOrders

MarketOrders helps independent retail jewellers to source the products they need faster, cheaper and direct from suppliers through our innovative tech platform and marketplace.

 

Connect MarketOrders

Web: https://marketorders.net/
Facebook: https://www.facebook.com/marketordersofficial/
Twitter: https://twitter.com/Market_Orders
Instagram: https://www.instagram.com/marketorder/
LinkedIn: https://www.linkedin.com/company/market-orders/

YouTube: https://www.youtube.com/channel/UCFnJ5_ZVaH3Gpd67Poeunxg

Contact details: info@marketorders.net

 

Written by MarketOrders 

MarketOrders co-founder, Sukhi Jutla, named a Top 100 Woman In Tech

MarketOrders is proud to announce their co-founder and COO, Sukhi Jutla is named as a Top 100 Woman in Tech by WeAreTechWomen.

 

MarketOrders CEO, Ram Krishnna Rao said, ‘I am immensely proud of having a co-founder who is a role model and leading influencer in the tech field. Sukhi brings immense courage and determination to highlighting and encouraging more women into tech as well as ensuring MarketOrders is on the cutting edge of delivering the best technical solutions for the gold jewellery trade industry.’’

 

Sukhi Jutla saiid, ‘It’s an honour to be recognised as a top influencer and thought leader in tech and I hope my accomplishments continue to inspire other women that a career in tech is feasible and possible no matter what stage you enter this field; it’s open to all.’’

 

The winners of these awards showcase remarkable women within the technology sector covering a wide range of roles such as Applied Machine Learning Scientist; Cyber Security Consultant; Radio Modelling Engineer; Futurist; a Research Associate in Turbomachinery; and Rapid Prototyper.

 

Since September 2018, WeAreTechWomen has been searching the UK for the best
female tech talent in the country.

 

The TechWomen100 awards are the first of their kind to focus solely on the female tech talent pipeline and to also recognise the impact of champions, companies and networks that are leading the way for the future generations of tech talent.

 

WeAreTechWomen received over 500 nominations from across the UK and Northern
Ireland and 28,000 votes of support from across the globe.

 

Winners’ will shortly receive an invitation to a prestigious awards ceremony on 31
January 2019.

 

 

View the full list of winners in alphabetical order here: https://wearetechwomen.wearethecity.com/techwomen100-awards-winners-2018/

 

Written by MarketOrders

Revolutionising the jewellery retail industry with blockchain and AI

 

So much of the world has been revolutionized by technology yet the retail jewellery industry is still lagging behind.

 

The gold and diamond jewellery industry is still relatively untouched by the benefits of technology and this traditional industry which is run on trust has still not fully embraced the benefits that technology can bring to this sector.

 

It’s no longer enough to just have an online digital presence. The tech world is moving ahead fast with the rise of the blockchain, artificial intelligence (AI and machine learning (ML) that are all playing a critical role for the SME markets in general. these technologies are now being harnessed to authenticate products, speed up transactions and understand their customer profiles better in order to serve them in more new and innovative ways.

 

How SMEs can harness the power of new tech

MarketOrders is on a mission to harness the power of blockchain and AI in small retailers to bring in a new level of innovation.

 

At MarketOrders, we are excited about how innovation can be introduced into the retail industry via the application of the Blockchain and AI.

 

Since the gold and diamond jewellery industry is very new to technology and innovation, there is a huge unmet need in this market which will give rise to new opportunities and possibilities. This, in turn, will unlock a huge amount of potential.  Blockchain and AI will give superpowers to small retailers who are better able to compete.

 

Small retailers especially those who only have brick and mortar shops are bogged down with complex and chaotic systems as most of the processes are conducted offline.

 

Just imagine the efficiencies that could be created when the SMEs embrace digital processes and look to the blockchain and AI to help them better reach their customers and serve them in new ways.

 

Small retailers not only have the potential to transform their businesses but can change or adapt the way they interact with customers.

 

The Rise of Smart Retailing

In this digital experiential economy, the customers first point of interaction is now online and mobile through their smartphones. It is vital SMEs can embrace mobile technology and ensure they are able to reach their customers in the way they engage with technology. We call this the rise of Smart Retailing

 

Today there are more phones than people in the world. MarketOrders will democratize access to smart retailing in the way that Google democratized access to information.

 

Having MarketOrders as a technology partner, retailers do not need to build technology but just plug into our ready-made platform.

 

The Gold Jewelry and Diamond industry are ripe for disruption

The coming revolution in the space of Blockchain and AI into smart retailing can only come from digital upstarts such as MarketOrders rather than any retail unit or existing retailers collectively because today’s industry disruptors tend not to be incumbents.

 

In years to come, Blockchain, AI and Automation in business practice will be viewed like how people viewed the internet; an essential part of the business like smartphones are today.

 

Stay up to date with the latest news by signing up to our newsletter here: https://marketorders.net/

 

Written by CEO & Founder, Ram Krishnna Rao

 

Seizing the Blockchain Opportunity with MarketOrders

 

On 13th Nov 2018, our COO and co-founder, Sukhi Jutla spoke at the ‘Seizing the Blockchain Opportunity’ event held by London & Partners.

 

The sold-out event bought together professionals working in the blockchain space and those wanting to learn more about the real-life use cases of blockchain and where the opportunities are.

 

We are on the cusp of a blockchain revolution. The last year alone has seen major corporates gain interest in the distributed ledger technology, and an increasing number of companies are starting and scaling rapidly in the space.

 

The event saw three panel discussions, outlined below, and welcomed speakers from early-stage start-ups all the way to major corporations in the blockchain industry, to discuss the reality of the space, its major challenges and the greatest opportunities for applying this emerging technology.

 

 From L-R: Simone Maini, Abel Tedros, Anna Mostyn Williams, Sukhi Jutla

Here is a summary of the event with key takeaways

 

Panel 1: Opportunities and Dreaming Big: this panel discussed the major opportunities that are now possible thanks to blockchain technology, from creating a truly global marketplace to financial inclusion for the unbanked, digital identity solutions, supply chain transparency and more.

 

Key takeaways:

  • There are powerful use cases for blockchain that can be used for identification purposes to prevent fraud
  • As use cases on the blockchain increase, there could be issues with scaling
  • Users don’t need to understand the mechanics and technical aspects of the blockchain. Need to get them past that. Just how we use the internet and email without thinking about the technical work that happens underneath, we also need to start embracing blockchain and its benefits
  • We all use the internet and email but not all of us necessarily understand how it works!

 

Panel 2: What Keeps Me Awake At Night: this panel explored the main challenges that blockchain faces today, focusing on blocks such as limited transaction speeds, the energy usage of mining, the lack of regulation in the crypto space, amongst others

 

Key takeaways:

  • Can we truly get to a decentralised model or will we see the rise of centralised entities again in order to scale?
  • We need some level of regulation in order for investors to feel comfortable and confident in investing in ICOs
  • Educating the market and its end users in the possibilities of blockchain are important.
  • Giselle Frederick of Zingr explained how market vendors in Grenada, a small Caribbean island, were hesitant of the idea of using a blockchain enabled payment app until she explained they could use this technology to sell even more products to customers on the other side of the tiny island and be guaranteed payment!
  • Rodney Prescott of PWC talked about scaling, adopting blockchain with regards to the consensus mechanism and the rise of consortium structures.

 

Panel 3: How To Start A Career In Blockchain: attendees heard the personal stories of professionals who entered the space, who shared what led them to blockchain and how it is to work in the industry.

 

Key takeaways:

    • Have a growth mindset and actively learn about blockchain
      attend meetups, reach out to your blockchain role models and learn from them
    • If you can’t join a blockchain start up then create something yourself!
    • Follow key people on social channels and learn from them like Andreas M. Antonopoulos, Vitalik Buterin and Joseph Lubin,

 

  • Other useful resources shared:

 

http://www.weekinethereum.com/

http://unchainedpodcast.co/

https://www.coindesk.com/

https://twitter.com/aantonop

https://about.me/vitalik_buterin

 

Written by MarketOrders

 

MarketOrders at the eCommerce Expo Summit

 


 

On the 26th Sept 2018, MarketOrders COO, Sukhi Jutla, spoke on a panel on how and why retailers need to embrace blockchain.

 

Sukhi was joined by:

 

  • Denis Baranov, Principal Consultant – DataArt
  • Tony Long – Global eCommerce & Digital Marketing Lead, Kimberly-Clark
  • Terry Igharoro, Founder & CEO – InventoryClub

 

 

 

Panel: Bracing to Reap the Benefits of Blockchain

 

The impact that blockchain will have on retailers is huge! Companies that are educated in how to implement this effectively and efficiently will find themselves at a significant advantage over those still scrambling to figure it out. In this session hear how blockchain will impact data security, supply chain and payments!

 

Check out some of the video clips to catch up on the event

 

 

 

 

Written by CEO & Founder, Ram Krishnna Rao

 

Why We Need More Women in Blockchain

 

photo credit: https://pixabay.com/en/woman-working-business-woman-laptop-690036/

 

We at MarketOrders are very excited about the opportunities blockchain creates for e-commerce and gold retailers. We believe the future is blockchain and now is the best time to start learning about it and understanding the new possibilities it opens up.

 

In this post, our co-founder and COO, Sukhi Jutla, who has deep expertise and experience of blockchain technology writes about the incredible achievements women are achieving in the blockchain space and why we need to continue supporting them. 

 

She also shares tips on how to get involved in the blockchain space for beginners and why she believes we should encourage and support more women in this exciting new field.

 

You can read her guest post on Blockchain Asset Review here: 

 

Blockchain and cryptocurrencies are the latest innovation in technology. There is a clear excitement about the opportunities blockchain presents and it is nearing a pivotal moment in history. And while this brand-new field is still heavily dominated by men, women are quickly closing in and making big names for themselves.

In fact, the blockchain space is the ideal place for women who want to make a big impact and shape the future of what we call as the advent of ‘the internet of value.’

Since the premise of blockchain is about democratising and giving all participants an equal and transparent playing field, this lends itself as the perfect place for women to make a real and lasting impact on this infant industry.

Blockchain no doubt is here to stay, and even traditional industries reluctant to change such as banking and insurance, are waking up to the fact that they need to pay attention to the changes blockchain can bring about.

While almost every tech sector is heavily dominated by men, women now have an opportunity to enter this dynamic industry and actively contribute to and shape the future of this technology.

 

 

Shaping the Next Era of Change

 

It’s important that women are a part of this movement so they too can shape the next era of change.

The lack of women in blockchain has nothing to do with lack of skill but lack of awareness about the technology and lack of a clear path into the emerging industries related to blockchain. It is important to encourage women to become active in the cryptocurrency space and lead by example.

The blockchain is not just the preserve of the finance industry which is heavily dominated by men. Blockchain can disrupt every industry known to humankind, including those traditionally dominated by women such as education, healthcare, social and other non-government sectors, which is all the more reason for them to get involved.

 

With the potential use cases of blockchain-based products being particularly vast, so are opportunities for women. Many professionals in the industry hold various roles. Although a technical skill-sets are most in demand, women in blockchain can take up various other roles – such as academic, commercial, regulatory, and public relations.

 

The great news is that there is an increasing number of women entering the blockchain space. Already, women are making big waves in blockchain, and leading by example. We must shine a light on their achievements because it can only help to bring more women into this field and show support and encouragement to those already breaking boundaries. Here are some of the notable women in blockchain:

• Toni Lane Casserly, CEO of CoinTelegraph: Toni is co-founder of one the biggest online publications for cryptocurrency

• Galia Benartzi, co-founder and business development of Bancor. Galia is a co-founder for Bancor, a digital token platform, which is one of the most successful initial coin offerings so far.

• Fereshteh Forough, founder and CEO at Code to Inspire: Born as an Afghan refugee in Iran, Fereshteh went on to found Code to Inspire, an after-school program that teaches girls in Afghanistan how to code and aims to decrease the gender gap in computer science fields in Afghanistan.

 

 

photo credit: https://pixabay.com/en/adult-woman-people-technology-3373639/

 

How can we get more women involved in blockchain?

As a female tech-founder working in the blockchain space, I’m often asked how I came into the blockchain space and the answer is simple: I followed my curiosity.

I spent over a decade working in finance and banking where I worked closely with the technology teams. During conversations, I would sometimes hear the word blockchain bandied around which piqued my interest. Fuelled by my curiosity I started to look into this field but only actively jumped in a year ago when I decided I wanted to become a vocal part of this rising industry.

I realized that the absence of female mentors can create a barrier to entry but this should be seen as an opportunity for future female leaders. Many women are unfamiliar with blockchain technology and obtaining technical knowledge about the technology can serve as a challenge, especially when the information is varied and scattered across the internet.

And the only way you can participate and make a difference is to get involved. Here are my tips for getting more involved in blockchain, if you are a beginner.

 

1. Join local meet-ups for blockchain

Being based in London, I am part of multiple ‘Women in Blockchain’ groups where we meet on a monthly basis and share our learning on the latest topics and trends in the blockchain space. Sometimes we invite mentors and speakers to share their experiences to learn from.

2. Attend conferences

There are hundreds of conferences happening globally on blockchain. Spend the day immersing yourself in learning about blockchain, talking to the exhibitors and other attendees. See where your curiosity is piqued and where you would like to learn more.

3. Join a start-up in the blockchain space

If you’re looking for a new opportunity, join a start-up in the blockchain space. This is the best way to get hands-on learning about this technology. You don’t have to be a tech expert but you can still help to build and shape products when you understand the basics of how blockchain works.

4. Attend courses and seminars on blockchain

Similar to attending meet-ups attending workshops on this topic will help to give you deeper insights into how this industry works and to network with other members of the industry.

5. Reach out to mentors and role models

I believe we can all learn from each other so don’t hesitate to reach out to other women working in blockchain and ask for their help. It’s important that women support other women onto the blockchain ladder especially when just starting out. If you are already a working in this space, think about mentoring other women or speak at events to raise the profile of women working in blockchain.

We can collectively help to create an atmosphere and environment which encourages more women to consider careers and opportunities in blockchain in the following ways:

  • Diversity and inclusion: Reaching out and providing opportunities for those who lack it
  • Disruption through education: Bringing blockchain education to different communities
  • Networking opportunities: Bridging information gaps to people with all educational and professional backgrounds

This is an industry where anyone with a great idea can disrupt. The possibilities for women are endless and I’m looking forward to seeing the amazing things women do to supercharge this emerging industry.

 

About the author:

Sukhi Jutla is an IBM Blockchain Foundation Developer and in April 2018 made global headlines when she became the World’s First #1 Bestselling ‘Blockchain’ Author.