Category: Press Coverage

MarketOrders was recently named as one of the Top 10 technology companies founded by women.
Our COO, Sukhi Jutla, was featured alongside incredible businesses and female founders:

• Canva, co-founded by Melanie Perkins
• Starling Bank, founded by Anne Boden
• Bumble, founded by Whitney Wolfe Herd
• Eventbrite, co-founded by Julia Hartz

Sukhi reacted to the news: “It’s an honour to be recognised in this way alongside other outstanding entrepreneurs building exciting tech products and I hope this encourages more women into the field of technology to create and contribute to the future of tomorrow.”
You can read the full list here.
 
 

MarketOrders CEO, Ram Krishnna Rao, was recently quoted by CEO Blog Nation article ’10 Entrepreneurs Explain How They Deal With Constant Changes in Technology’.
He said: “When it comes to technology, businesses that want to reach or maintain their position of leadership in a market have to be ahead of the curve. Technologies take time to be implemented into a business, which is why you need to stay aware of any new technology that could benefit your company. Once the technology is already used by a competitor, it’s already too late. For example, banks should have embraced financial technology at its birth. Now they are struggling to catch up and keep up with their competitors. Keep an eye out, go to events and read about technology is the least you can do as an entrepreneur.”
Read the full article here.
 
 

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in Cointelegraph article ‘New Report on Crypto’s Legal Status in UK Lays out Regulation Options’.
She said: “This should hopefully encourage more conversations to be had around how these assets should be governed and regulated in a way that fosters innovation and development in the blockchain and crypto community.”
She added: “For the UK to emerge as the best place to create a crypto-related company, business owners need greater clarity and support from the government and financial bodies to feel assured that their innovations won’t get them penalised or fined.”
Read the full article here.
 
 

Our COO & Co-Founder, Sukhi Jutla, was recently quoted in Finance Magnates article ‘Calamity or Opportunity? The Effects of Brexit on Crypto’.
She said: “With Brexit still very much a hot topic it continues to cause many fractions between people and their opinions. No doubt there is no shortage of fear-mongering by those who want to stay in the EU and there is still a lot of indecision by those who are meant to lead us out of the EU on time and budget. And against this background of chaos, there are plenty of individuals and businesses who are trying to predict what the real impact of Brexit will have on them and their business and livelihood.”
She added: “Historically in times of uncertainty and chaos, many people will rush to the safety of commodities such as gold. This is why there is little surprise that the price of gold has been inching up daily. Gold is seen as a safe haven, a way to minimize risk by putting your eggs into a safety basket. Gold is real and it is a store of value.”
“Could this then be why the price of Bitcoin will also start surging as we head closer to Brexit day?,” Jutla asked. “Bitcoin, a digital currency still in its infancy has defied critics to become a well-respected store of value. Though there is still a lot of contention between governments not recognizing it as a currency, they have relented and agreed Bitcoin can be seen as a store of value.”
She concluded: “With the uncertainty still surrounding Brexit, we will continue to see erratic behaviour across the money markets and this will also include the value of the pound. In this case, I predict there will a flurry of activity in the gold and Bitcoin markets, driving both of these assets market prices upwards. In times of chaos and uncertainty, we think we do the most logical and rational things, but all we do is panic in the face of fear and this will cause the price of the pound to plummet.”
Read the full article here.
 
 

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in Alluva article ‘Cryptocurrency Myths and Misconceptions; Debunked! (Part 3)’.
She said: “[One] way in which we can utilise crypto and blockchain technology is in providing provenance of the products. We can now provide evidence of the products full journey from mine to factory to customer and we can also verify the authenticity of the metals in the product. This gives a greater degree of confidence for end consumers who are now becoming more aware of purchasing sustainably and ensuring they are not buying items that are contributing to malevolent practices such as child labour or slavery.”
Read the full article here.
 
 

Our Co-Founder & COO, Sukhi Jutla, is featured in today’s Financial Times paper as a Top 100 BAME leader influencing the technology sector.
For the second year running, the Financial Times and Inclusive Boards, an executive search agency that supports organisations to be more diverse at board level, are publishing a list of the 100 most influential black, Asian and minority ethnic (Bame) leaders in technology.
Candidates for the list were submitted following an open call. Inclusive Boards researchers also scanned the leadership of the top tech companies in the UK. The criteria used for nominees included: holding a senior role; having a sphere of influence in their organisation or in a community; driving progress in the sector outside their professional roles; and operating in the UK and / or Europe.
The judges were: Amy French, head of ecosystem development, Level 39; Leyla Boulton, editor, Special Reports, FT; Madhumita Murgia, European technology correspondent, FT, and Samuel Kasumu, managing director, Inclusive Boards.
Find the full list of nominates here.
 
 

Our Co-Founder & COO, Sukhi Jutla, was recently quoted by Alluva in their article “Cryptocurrency Myths and Misconceptions; Debunked! (Part 2)”.
She said: “We can now provide evidence of the products full journey from mine to factory to customer and we can also verify the authenticity of the metals in the product. This gives a greater degree of confidence for end consumers who are now becoming more aware of purchasing sustainably and ensuring they are not buying items that are contributing to malevolent practices such as child labour or slavery.”
Read the full article here.
 
 

Our Co-Founder & COO, Sukhi Jutla, was recently quoted by CEO Blog Nation article ’10 Entrepreneurs Explain How Technology is Impacting Their Business Today’.
She said: “MarketOrders operates in a traditional industry where most transactions are done in person with trusted relationships. The downside to this is the inability to scale fast enough and in-person transactions are prone to human error. Technology has allowed us to streamline the process of sourcing gold and diamond jewellery products for our retailers. We use our innovative tech platform that digitizes every step of the supply chain process, helping to make it more transparent. We are also using innovative new technologies such as blockchain to track the products and provide provenance and authenticity of the goods passing through the supply chain. It ensures both retailers and customers are getting what they pay for. Without this new technology, we would have never been able to scale our business, increase our margins and improve our processes. Technology has created numerous advantages for retailers, manufacturers, marketplaces like MarketOrders, and the end consumer.”
Read the full article here.
 
 

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in Decrypt article ‘Number of Bitcoin addresses holding over $9.3 million rises by 30% – report’.
The article stated:
Sukhi Jutla, a Bitcoin author and expert, told Decrypt the increasing number of Bitcoin millionaires can be attributed to an increasing number of people becoming aware of Bitcoin and holding wealth in this asset type.
“With crypto becoming more mainstream, there is an increasing number of individuals, wealth managers and family offices who are looking to diversify their holdings and Bitcoin is one of the most trusted assets around at this point in time,” she explained.
“In addition to this, the Bitcoin Rich List has increased because of the number of new exchanges that are being opened. These exchanges hold Bitcoin in multiple wallets and this is also driving the increase we have seen.”
Read the full article here.