Food Tracking Poised To Be Next Major Use Of Blockchain Technology

Transportation and logistics have long been seen as a perfect fit for blockchain technology. It is estimated that before the end of this decade most of this sector will be almost entirely blockchain based, creating both tremendous savings as well as improving security and trust. The food industry is clearly taking notice, with producers across…

January 25, 20200Comments

ByTrevor Smith

Altcoins Bitcoin

US Congress Continues to Investigate Cryptocurrencies, Deep Divisions Revealed

Members of the United States Congress are again openly addressing the cryptocurrency revolution by holding committee hearings and researching its potential impact on the current financial system. Although there is significant division among them, there is no doubt that America’s legislators are becoming notably concerned about the changes blockchain technology is introducing. There is now…

November 3, 20190Comments

ByTrevor Smith

Altcoins Bitcoin Ethereum

Blockchain’s Use in Fighting Counterfeiting is Growing Rapidly

Blockchain technology is on track to disrupt many institutional and business sectors, and its move into the mainstream will likely take place in steps. Among the first is logistics, with the fight against counterfeit goods being a top priority. This type of application is relatively easy for distributed ledger platforms to perform, and could result…

August 2, 20190Comments

ByTrevor Smith

Altcoins Bitcoin Ethereum

Bitcoin’s Dominance Challenged As Price Recovery Stalls

The Bitcoin price recovery that began in April has flatlined, with the price remaining around USD $10,000 for most of this month. Although Bitcoin remains firmly in the top position in terms of market value, its status as the flagship cryptocurrency continues to face challenges. The current state of affairs within the blockchain space reflects…

July 31, 20190Comments

ByTrevor Smith

Altcoins

Altcoin Adoption Moving Ahead, Yet Market Remains Stagnant

Bitcoin’s price recovery has been creating significant media attention, yet much more is happening in the blockchain space that reflects the technology’s march into mainstream use. A number of platforms have made impressive inroads into real-world adoption over the past several weeks, some with very large, and influential institutions. Interestingly, these moves have yet to…

July 8, 20190Comments

ByTrevor Smith

Altcoins Bitcoin

Major Retailers Remain Wary of Cryptocurrency, Relationship With Blockchain is Complex

Now that the holiday season has begun, consumer spending will be at its peak, and once again many crypto advocates will debate when major retailers will begin accepting Bitcoin or other blockchain assets. Although blockchain development remains robust, and investment interest is strong, large consumer outlets have developed a complex relationship with the technology. …

November 25, 20180Comments

ByTrevor Smith

Technology

Walmart to Create Autonomous Robots Powered by Blockchain Tech

Walmart is among the finest and largest retail giants in the world right now and even in the past, it has taken incredibly bold steps to revolutionize the industry by bringing in a great deal of innovation. However, their recent move, which features the plan to create a platoon of autonomous robots with the help…

September 10, 20180Comments

ByAzeem Saifi

Opinion Technology

Blockchains Being Implemented in Supply Chain Management

This news piece will cover various companies and benefits that blockchain technology has created or is expected to create in the food and supply chain industry. From supply to the consumer, the entire process can be tracked and recorded on a blockchain. One company that we have previously reported on is ZhongAn, an insurance company that…

August 24, 20180Comments

ByZoran Spirkovski

Altcoins Bitcoin Ethereum

Walmart, UPS & FedEx Among Corporations Embracing Blockchains for Logistics

Last week, Walmart received a patent on a “smart package” system that will utilize blockchain technology to better track and authenticate packages. This move is one of many that major corporations are taking to implement blockchain into their logistics management. In fact, it is safe to say that the logistics sector is undergoing its greatest…

March 8, 20180Comments

ByTrevor Smith

Retail Giant Wal-Mart Tests Blockchain to Tackle Food Safety Concerns

United States Multi-national retail conglomerate Wal-Mart is embracing new technologies which includes Blockchain to deal with food safety issues. There are more than 6, 000 Wal-Mart stores that serve roughly 260 million patrons. This is a tall order especially when it comes to monitoring food sources, but Blockchain technology can make things easier for the…

November 30, 20160Comments

ByKewl