The Pandemic Is Prompting Asian Countries to Adopt Blockchain

The Corona pandemic prompted many Asian countries to adopt blockchain technology to secure their data via the Internet against hackers and cyber thieves, according to a report from the Nikkei Asian Review. This increase in adoption comes as The Business Research Company said the global blockchain market is expected to hit $15.88 billion in 2023….

Alibaba Considering Blockchain Use in Complex Supply Chain

Chinese ecommerce conglomerate, Alibaba Group, is planning to use blockchain tech in its supply chain, the company’s top executive told a Chinese daily.  According to Alibaba Liu Song, vice president of Chinese e-commerce giant Alibaba Group, has said in an interview that the company is considering blockchain tech implementation for cross-border supply chains. Song’s remarks…

China’s Payment Apps Give U.S. Bankers Nightmares

Wandering the streets of Shanghai to admire the architecture, the head of one of the largest U.S. consumer banks recently found himself surrounded by a gaggle of teenagers. Entranced by their phones, they hardly made way for the banker. The teens were messaging, shopping and sending money back and forth, all without cash. Instead, they…

Letters to Partners – Coho Capital

Dear Partners, Coho Capital increased 6.3% in 2016 compared to a rise of 12% in the S&P 500.  Our portfolio did not participate in the post-election rally, which was led by heavily leveraged, commodity and industrial companies.  It is always nice to beat the markets, but we consider annual results short-term in nature and focus…