Textbook Case of Crypto Hype: How Iced Tea Company Went Blockchain and Failed Despite a 289 Percent Stock Rise

Long Blockchain Corp (i.e., Long Island Iced Tea), has reached an agreement to sell its beverage business. On March 6, Long Blockchain Corp., previously known as Long Island Iced Tea, reached an agreement to sell its beverage business. In December 2017, the firm rebranded itself to focus on blockchain development and enjoyed a 289 percent […]

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Major UK Public Transport Provider Partners With Crypto Startup for Loyalty Program

Major U.K. public transport provider Go-Ahead Group Plc. is partnering with a blockchain startup on a tokenized rewards system for rail customers. Major United Kingdom public transport provider Go-Ahead Group Plc. is partnering with blockchain startup DOVU to introduce a tokenized rewards system for rail customers, TechCrunch reported Feb. 1. Listed on the FTSE 250 […]

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Japanese IT Giant Fujitsu Completes Test of Blockchain Electricity Sharing Project

The trial scheme involved increasing efficiency of a power sharing process called Demand Response (DR). Japanese IT firm Fujitsu has successfully trialed a blockchain-based solution to address inefficiencies in electricity surplus management, the company confirmed in a press release on Jan. 29. Fujitsu, which partnered with local power distribution company ENERES, used blockchain to increase […]

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