Author: Ram Krishnna Rao

Our COO & Co-Founder, Sukhi Jutla, was recently quoted in the French publication The Coin Tribune. The article, titled ‘Emirats Arabes Unis, la véritable Blockchain-Nation ?’, gives insights into the UAE market and what role blockchain technology is playing.
Sukhi Jutla gave her view on the matter and said she thought UAE could become a leader in this field.
You can read the full article here.

Our Head of PR & Communications, Caroline Hoffmann, was recently quoted in People Looker article ‘Cryptocurrency Scams Even Savvy Investors Can Fall For’.
The article explains what is a cryptocurrency and how you can avoid being scammed.
The journalist wrote:
“A cryptocurrency is a digital currency. It was created to transact on the blockchain, a technology enabling highly secured and fast peer-to-peer online payments using digital contracts,” said Caroline Hoffmann, the head of public relations and communications at MarketOrders in London.
“There are different types of cryptocurrency, which are either called a coin, if it operates on its own blockchain, like bitcoin or ethereum, or a token, if it operates on an existing blockchain,” Hoffmann continued. “Cryptocurrencies are stored in a digital wallet and can be exchanged for other cryptocurrencies or fiat currencies such as dollars, euros or pounds.”
Investors can purchase crypto by buying them directly on an exchange, by participating in a public offering similar to the stock market or by “mining” them, Hoffmann said. Investors who “mine” earn cryptocurrency by validating other cryptocurrency transactions on the blockchain.
Here’s how digital currency pros recommend proceeding when considering a crypto investment opportunity:

1. Before you invest, take the time to understand how the technology works.“Knowledge is power,” Hoffmann stresses. “The first thing I would do before investing in cryptocurrency is take time to understand the basics of the technology, the ecosystem and the industry.”

The article is full of insights and advice on cryptocurrency investment; check it out now!

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in CEO Blog Nation article ’15 Entrepreneurs Explain How They Are Bold in Business’.
She said: “In order to be bold in your business, you need to make bold decisions. As a business owner, you need to have total confidence, courage and conviction in your decision-making skills. This often means making decisions, that from the outside, may not make sense to others and who may question you. Being bold for me means pushing past naysayers and moving confidently ahead especially when I know I have made a decision based on data and gut instinct. Being bold also means knowing that things may not always turn out the way you want but knowing you have the ability to bounce back and course-correct as you move forward. Finally, being bold also means bringing a fresh perspective on the way things are done, especially when you are an industry outsider bringing in new changes like digital disruption to a traditionally offline business, where transactions are done in person.”
Read the full article here.

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in The Sun article ‘RAISING THE BAR Bitcoin price suddenly jumps to two-month high as experts debate whether it’s ‘digital gold’’.
The journalist, Alice Grahns, wrote:
Sukhi Jutla, blockchain author and co-founder of gold jewellery marketplace MarketOrders, told The Sun that bitcoin “can be” considered digital gold.
This is partially because similar to gold, bitcoin only exists in limited supply, she explained.
She added: “Once these coins have been mined, no more can be produced.
“That means the value of the asset increases when more people want it.
“For example in times of economic uncertainty, the price of gold increases as investors rush to purchase more gold as its seen as a stable holding.”
Ms Jutla said: “I would say it’s a bad time to buy when all coins have been minted as the prices will be higher for sure!
“In my opinion, it’s still a good bet to buy them now.”
You can read the full article here.

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in Finance Blues article ‘How Might Political Change & Unrest Have an effect on Crypto in 2020?’.
The journalist wrote:
“Sukhi Jutla, co-founder and chief working officer of blockchain-based gold jewellery platform MarketOrders, defined to Finance Magnates that “political unrest typically demonstrates a loss in confidence within the governing authorities in a rustic. Governments are intently tied to the monetary techniques in place so this has a knock-on impact on the monetary panorama in a detrimental manner.”
“Political unrest tends to undermine the present monetary techniques in place and that is the place you additionally are inclined to see the worth of residence currenc[ies] plummeting,” Jutla continued. “It’s in these circumstances that crypto costs have a tendency to extend as traders transfer belongings to search out [assets] that aren’t managed or influenced by one occasion.”
Sukhi Jutla added that though Brexit is now a certainty with a specified date, markets might nonetheless reply frantically: “wven although we all know when Brexit will occur, we’ll proceed to see erratic conduct throughout the cash markets and this may also embody the worth of the pound,” she advised Finance Magnates.
“On this case, I predict there’ll a flurry of exercise within the gold and Bitcoin markets, driving each of those belongings market costs upwards. In occasions of chaos and uncertainty, we expect we do probably the most logical and rational issues, however all we do is panic within the face of concern and this can trigger the value of the pound to plummet.”
You can read the full article here.

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in Finance Blues article ‘2019: The 12 months in Altcoins, and the 12 months Forward’.
The journalist wrote:
Sukhi Jutla, COO of blockchain B2B platform for the gold and diamond jewellery MarketOrders, informed Finance Magnates that the cash that she’s noticed to have a steady robust efficiency are those who have seen probably the most adoption; those who have “had buy-in from many members who would use the coin.”

The best classes I discovered from the 2018-2019 altcoin shakeout it this.

Most cryptocurrencies combat a shedding battle with value vs goal.

Function and use case would be the nice equalizer subsequent bull run.
“That is key for any success,” she mentioned, pointing to Ripple for example. “It’s good to have your stakeholders onboard and Ripple managed to do that nicely by getting belief and confidence from the banks who would use Ripple.”
Jutla additionally pointed to altcoins which have persistently delivered on guarantees of privateness: “Monero has additionally stood the check of time,” she mentioned.
“Customers worth their larger ranges of privateness. Sprint altcoins proceed to do nicely as a fee methodology which has proved to be quicker than Bitcoin. And naturally, Ethereum continues to go from power to power which has been pushed primarily as a result of a variety of purposes being constructed on this community.”
You can read the full article here.

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in The Lithuania Tribune article ‘Lithuania has become a centre for Fintech and the world has noticed’.
The journalist wrote:
Founder of the MarketOrders.net network and author of three books on blockchain Sukhi Jutla, who spoke at the Fintech Inn conference, congratulated Lithuania and emphasised that the country is recognised as being one of the most prospective countries in the fintech space.
“Fintech is expanding rapidly in the Baltic region and it is particularly visible here in Lithuania. This means that a niche will be created for new technologies and for creativity and this is the most important because if you have specialists if you hand them the necessary tools, you create new products. I would even dare say that in the near future, you will compete with London and will become the main fintech world centre,” S. Jutla spoke.
 
You can read the full article here.

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in Dignitas Digital article ‘What is Digital Transformation, according to experts’ about digital transformation.
She said: “For consumers, the traceability of a product is of paramount importance. And while the jewelry industry has tried to address this concern, it has been very slow to embrace new technology-driven solutions. Indeed, the supply chain for precious stones such as diamonds is among the most complex and fragmented of any industry.
But this entrenched conservatism, with all its inherent inefficiencies, is starting to give way as the industry begins to recognize the potential of blockchain.
In its journey from uncut stone buried under miles of earth and rock to its final resting place in the gleaming window of high-end jewellers, a precious stone will pass through dozens of hands.
It is notoriously hard to ensure a fully digital end to end supply chain is in place to evidence this. This is why in my business, MarketOrders.net, we are introducing new ways of working by introducing blockchain technology to track and authenticate gold and jewels that pass through the platform.
This is a huge digital transformation and in order to implement it, you need outstanding technology developers as well as the ability to convince your customers to embrace this innovation. The biggest challenge, therefore, is in convincing your stakeholders to jump onboard.
The best way to do this is to demonstrate how this new digital transformation can positively impact and benefit users. Another way to bring on board support is to show them how to use the new technology. In our case, this means helping our customers understand how to create digital wallets, using cryptocurrency to pay for orders and how they can use blockchain to authenticate the products in their stores.”
You can read the full article here.