Walmart has been experimenting with blockchain technology over the past few years. What are the biggest breakthroughs the retail giant achieved? Walmart is currently making use of blockchain technology to create a food traceability system based on the Linux Foundation’s Hyperledger Fabric. Along with IBM, the retail giant has already tested two proof-of-concept projects to […]
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The food industry is becoming one of the most inclusive destinations for blockchain. As blockchain continues to push for mass adoption, the food and beverage industry is shaping up to be one of the most inclusive destinations for the technology: Just over the past few months, a variety of players — including juggernauts like Nestlé, […]
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According to Gartner, Inc., 20 percent of the top 10 global grocers will use blockchain technology by 2025. 20 percent of the top 10 global grocers will use blockchain by 2025, according to information released by research firm Gartner Inc on April 30. Per Gartner, the main advantage of blockchain for grocers is that it […]
Continue ReadingSingapore-based exchange KuCoin partners with payment processor Simplex to allow users to purchase crypto with credit cards. Singapore-based crypto exchange KuCoin has partnered with Israel-based payment processing company Simplex to let its users purchase crypto via credit card, an official announcement revealed on March 27. The exchange has already added the service to its assets […]
Continue ReadingOver the last few weeks, the Lightning Network — Bitcoin’s off-chain scaling protocol — has made waves. Over the last few weeks, Bitcoin’s (BTC) second-layer scaling protocol, called the Lightning Network (LN), has gained a lot of traction, steadily proving to become a viable solution to BTC’s infamous scalability problem and even potential competitor to […]
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Blockchain development company Lightning Labs announced the initial release of Lightning Network offramp Lightning Loop. Blockchain development company Lightning Labs has announced the initial release of the Lightning Network offramp Lightning Loop in a post on its blog published on March 20. Per the announcement, the software provides a non-custodial way to receive funds through […]
Continue ReadingU.S. payment services giant Visa is looking to hire a person who will manage strategy for crypto-related opportunities. American payment services firm Visa has published a crypto and blockchain-related job opening on San Francisco-based recruiting software firm SmartRecruiters on March 6. Global financial services corporation Visa is seeking blockchain talent for the position of Technical […]
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Adoption of Bitcoin payments by Kroger and Starbucks may be tipping point for crypto. It’s no secret that cryptocurrencies don’t receive many plaudits in the mainstream media as reliable means of payment. Critics have even claimed that Bitcoin “sucks” as a payment mechanism. Yet, despite that blinkered skepticism, cryptocurrency payments actually grew last year. Payment […]
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In major news this week, university students seem to be making a profit mining crypto, and Jack Dorsey buys $10,000 of BTC a week. Top Stories This Week Research: ‘Free’ Electricity for Students Makes College Campuses Major Crypto Miners According to research from tech conglomerate Cisco, college campuses are the second-largest crypto miners across industry […]
Continue ReadingMorgan Creek’s Anthony Pompliano has suggested that Kroger’s use the Lightning Network to replace Visa cards as a payment method. Morgan Creek Digital founder Anthony Pompliano has suggested that major United States retailer Kroger should deploy the Lightning Network in its stores, following the brand’s decision to stop accepting Visa at some locations. According to […]
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