Daily Briefing: BitCoin blockchain warned for possible criminal threat; Singaporean startup behind Amazon Prime Now logistics

Singapore's largest private dental care group bought back their own shares.

From PropertyGuru: FundPlaces launched, three weeks ago, its real estate-backed cryptocurrency – Tiles, with each token entitling the investor to the cashflow of the underlying property investment which it references. While FundPlaces uses the company’s own private blockchain platform, Reidao utilises the public Ethereum blockchain, which uses the gold-backed token called DGX.

From e27.co: RIVERWOOD provides logistics solutions for companies like Singapore Post, DHL E-commerce and Standard Chartered. Interestingly, one of its clients is honestbee, a startup that people think will be the most directly impacted by the launch of Amazon Prime Now. RIVERWOOD offers all sorts of products — from retail logistics to freight solutions, industrial options and even help with moving.

From The Motley Fool: On 25 and 27 July, the firm repurchased a total of 899,200 shares ranging from S$0.64858 to S$0.64914 per share, translating to a total cost of S$585,293. The dental outfit is currently going at a price of S$0.645. It has a historical price-to-earnings ratio (P/E) of 18 and a dividend yield of 1.7%.

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