GetClams Project Update

  February 24, 2017 Dear Community Members, Mr. A. C. Doxie is stepping down from his position as Project Manager of the GetClams project and as a Board Member of Fifth Column Capital to pursue other endeavors. Mr. Doxie was the founder of the the GetClams project and has contributed a tremendous amount to the both GetClams and FCC. We acknowledge his efforts and thank him for his unconditional commitment and dedication. We would also like to wish Mr. Doxie the best of success in future challenges and endeavors. As a major holder…Read more …

Fifth Column Capital, LLC Partners with GetClams.com Crytocurrency Project – Invests $23M

Fifth Column Capital, LLC was formed in April of this year with an initial round of funding of $23,000,000.00 for the sole purpose of partnering with GetClams.com, specifically for marketing. It will be invested in ways to radically increase market penetration and adoption of CLAMS-GCS Virtual Currency. Its marketing road map includes investing in global Merchant and ATM Networks shortly followed by a national advertising. Casper, WY, May 11, 2016 --(PR.com)-- F.D. Katso, CEO of Fifth Column Capital, LLC stated that "$23,000,000.00 is one of the largest single amounts ever invested in a…Read more …

Payments Players Move on Blockchain Tech in Industry Shake-Up

Amid a steady stream of positive news, incumbent payment companies are quickly launching products and services incorporating blockchain technology. To date, payments firms openly offering blockchain services include financial technology provider D+H, online payments startup Dwolla and cross-border payments specialist Earthport, though the latest to launch an offering is PayCommerce, a decade-old software-as-a-service payments and remittance platform that connects network members across the globe. Each has so far taken a different approach to leveraging its market presence and products in a bid to win business, though all seem intent on taking advantage of…Read more …

CLAMS-GCS Redistribution Update

March 28, 2016 First we would like to thank the people that have been part of the CLAMS-GCS and the OSAC5, Inc, organizations since its beginning in April 2014 for all of their efforts.  What we have built and accomplished  over the last 2 years thus far has truly been a community effort. We have endured the pains associated with rapid growth and continued to forge ahead having built a burgeoning  GCS community. Security breach and hardfork not withstanding, we continue to grow. As you know, CLAMS-GCS was fully distributed over 2 years…Read more …

Bitcoin, The Blockchain And The Future Of ‘Decentralized’ Conglomerates

With the advent of blockchain technology and smart contracts, a new paradigm of global enterprises is quickly emerging. As organizations combine forces in innovative ways, a new form of partnership called a Decentralized Conglomerate is now touted as being the “cutting-edge method” of building communities and establishing diversity in the marketplace. It’s a brave new world – if it wasn’t already before. We’ve all heard of industrial conglomerates like Phillip Morris Group and Hanson Plc. Then there are internet and digital conglomerates like Google GOOGL -0.39% and its parent company Alphabet, which has…Read more …

What Could Shape the Bitcoin Price Chart in 2016?

The year started on a low. The free fall from the previous year (2014) had not found its bottom as we crossed over to 2015. As a matter of fact, the lowest floor since 2012 was touched on January 14, 2015, when a bitcoin exchanged for an average of $177. At about this time, the cryptocurrency was receiving negative coverage from mainstreaming media, especially in relation to the Silk Road case, which was ongoing. After that, the price rallied and contained itself between $200, as the floor, and $300, as the ceiling, for…Read more …

Bitcoin Investment Trust: Major Factor of Recent Bitcoin Price Surge?

The surge in the share price of Barry Silbert-led Grayscale Bitcoin Investment Trust (GBTC) is presumed to be one of the leading factors of the recent spike of bitcoin price. BIT—the publicly-tradable shares of bitcoins operating under the ticker GBTC—was launched back in March, and represents approximately one tenth of a bitcoin. Over the past 5 days, the shares of GBTC have increased from $45 to $55.3 per share, which means that institutional and qualified brokers have been trading the digital currency at an average price of US $553 per Bitcoin. The correlation…Read more …

Three Charged In JPMorgan Hack, Largest Bank Breach Ever

Two men are in custody and a third is on the run after allegedly hacking banking giant JPMorgan Chase & Co. in the largest bank breach in history. From 2012 to 2015, the men allegedly stole information from more than 100 million customers, Bloomberg reports. Among the other victims is a major business news publication, according to an indictment released Tuesday. Patricia Wexler, spokeswoman for JPMorgan, could confirm only that JPMorgan is one of the victims. "I can confirm officially that we’re victim number one referenced in the indictment," Wexler said. As for…Read more …

Encryption Is More Important, and Easier, Than Ever

Twenty years after Netscape introduced encryption to web browsers to safeguard the private data of Internet users, roughly two-thirds of web traffic still moves on unprotected channels, according to research by Sandvine, a network equipment provider. Whether you visit Amazon’s product pages, stream a movie from Netflix or read the tax rules on the Internal Revenue Service’s website, marketers and hackers can snoop on everything you do. But now, the computer industry and the United States government have embarked on a major, multifront campaign to have basic web encryption — known as HTTPS…Read more …

13 of Worlds largest bank partner to develop Blockchain Tech

Citi, HSBC Partner With R3CEV As Blockchain Project Adds 13 Banks Distributed ledger startup R3CEV has added 13 new banking partners, bringing the total number of banks involved in its activities to 22. In a release, R3 revealed Bank of America, BNY Mellon, Citi, Commerzbank, Deutsche Bank, HSBC, Mitsubishi UFJ Financial Group, Morgan Stanley, National Australia Bank, Royal Bank of Canada, SEB, Societe Generale and Toronto-Dominion Bank had signed on to the project. R3 CEO David Rutter suggested in statements that the startups approach to collaborating with the market to lower the cost…Read more …