Adoption started slow but has ramped up with the passage of time. With the recent influx of mainstream financial players into the blockchain space, how long will it take for corporate allocation of Bitcoin (BTC) to become the norm? Brian Estes, founder of investment firm Off The Chain Capital, thinks 10 years. “I think in 2029, […]
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“Blockchain doesn’t go mainstream until things in the real world break.” Some attention has been devoted in recent years to the matter of blockchain adoption more specifically, when will blockchain technology go mainstream and when it does, how will we even know? The question is somewhat problematic because blockchain is an infrastructure, operating in the […]
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Blockchain startup Gapless has raised $6 million from investors, including world-famous car manufacturer Porsche. Porsche has participated in a 5.5 million euros ($5.9 million) funding round for a German startup Gapless — the developer of a blockchain-based vehicle management system. Among other contributors, Gapless saw FinLab EOS VC Fund, a joint venture between Block.one and […]
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Mercedes Benz and Circulor are jointly launching a blockchain pilot to bring transparency in carbon emissions in the cobalt supply chain. Major car manufacturer Mercedes Benz and blockchain startup Circulor are jointly rolling out a pilot aimed at the tracing carbon emissions in the cobalt supply chain. According to a Jan. 30 press release, the […]
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15,558 physical businesses worldwide accept Bitcoin for payment, up 18% from a year earlier. But in-person transactions are still uncommon. There’s no easy way to buy, send or spend cryptocurrency in person — not even for a slice of pizza or a cup of coffee, or so it’s been said. Meanwhile, the number of physical […]
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PlatOn has created a blockchain platform for monitoring the price of used cars, specifically tailored for the Beijing Mercedes-Benz Sales Service. Blockchain solutions company PlatOn has created a platform for storing data and calculating the price of used business cars at Beijing Mercedes-Benz Sales Service (BMBS). Calculating and monitoring car price PlatOn shared the news […]
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An open car hardware wallet solution will be provided by Daimler, the corporation behind Mercedes-Benz, in partnership with blockchain startup Riddle & Code. Daimler, the German multinational corporation behind the Mercedes-Benz brand, partnered with European blockchain interface solutions startup Riddle & Code to provide an open car hardware wallet solution, the startup announced in a […]
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Smart cities promise new horizons, but there are privacy concerns. The promise is great for so-called smart cities, which will deploy a network of interactive sensors to achieve efficiency and innovation. The smart city vision includes driverless cars, renewable energy to aid a city’s power consumption, energy-efficient buildings, and communications systems that work with the location’s […]
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For a potential initial public offering (IPO), Wall Street banks have reportedly given Uber proposals that value the company as high as $120 billion. According to people with knowledge of the matter, the IPO could happen early in 2019, The Wall Street Journal reported. At $120 billion, the company would be worth roughly two times […]
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Luxury automakers are test driving new business models: Audi has announced a pilot program dubbed Audi Select that allows customers to borrow from a small selection of vehicles. The service, which made its first appearance in five Dallas-Fort Worth area dealerships, gives customers access to a variety of vehicle types, from sedans and coupes to […]
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