During the World Economic Forum that is currently taking place in Davos, Switzerland, Brad Garlinghouse announced that Ripple intends to conduct an IPO within the next twelve months. He did not specify the time it is meant to happen, he just said that ‘it’s a natural evolution for our company’ and that he expects Ripple ‘to be on the leading side’. Gradually, various responses started to appear on crypto Twitter, which clearly show that […]
Fashion Blockchain – The issue with fashion is that some get it, and some don’t. But that’s just fine as fashion trends and styles are not for everybody. However, one thing is for sure. Fashionable or not, wearing clothes is required by law. Irrespective of gender, age, political views or religion, we all must wear clothes in public. While the requirement of wearing clothes in public might never change, as the fashion industry develops […]
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Food and Beverage Retail Market: Snapshot There are several scopes for the growth in the global food and beverage organizations. However remaining on the lead position of new technologies, such as blockchain, alongside changing buyer’s inclinations and increasing costs, all while improving, is foreseen to be some of the key strategies in the fragmented marketplace. Get Free Sample of Research Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=4743 People around the world are experimenting with exotic and new flavors. […]
According to the World Food Program (via KPMG ), 821 million people — nearly 1 in 9 on the planet — go to bed on an empty stomach. At the same time, the UN’s Food and Agriculture Organization reports that around 14% of the world’s food is lost before reaching the retail level — this can happen in on-farm activities, storage and transportation. So, on one hand we have nearly a billion people who […]
As we approach the end of 2019, it’s clear that the year in distributed ledgers was marked by a sharp increase in the practical application of blockchain-based tracking technologies worldwide, highlighted by applications in the supply chains used by major supermarkets and grocery stores. A major player in this new wave of development has been IBM’s Food Trust platform. Initially making its debut in late 2018, the platform had already signed on several food […]
Nike has been awarded a patent by the U.S. Patent Office for the sneaker company’s new blockchain-compatible sneakers, which are called “CryptoKicks,” according to reports.
The CryptoKicks will be attached to a system that will use blockchain to attach digital assets to the actual shoes. Nike’s plan is to be able to track the ownership and legitimacy of the item using the blockchain system.
When a customer buys CryptoKicks, they will get an actual digital asset that is tied directly to the shoe. This will create a sort of digital scarcity, as it will be tied to the actual manufacturing of the sneakers.
“When a consumer buys a genuine pair of shoes, a digital representation of a shoe may be generated, linked with the consumer and assigned a cryptographic token, where the digital shoe and cryptographic token collectively represent a ‘CryptoKick,’” the patent said.
If the sneakers are sold to a different person, ownership can be transferred using the digital assets and system. The assets get stored in a “digital locker,” which functions as a crypto wallet of sorts.
The original patent was filed in April, and although it was awarded, there is no release date mentioned.
Seattle-based Bitcoin kiosk and ATM provider Coinme has raised $1.5 million in a Series A-1 financing round that included Ripple subsidiary Xpring and the newly-established Blockchain Finance Fund. “We are bolstered by this vote of confidence by Ripple and Blockchain Finance Fund in our vision and the exciting opportunity to provide access to digital currencies for millions of people around the world,” Neil Bergquist, co-founder and CEO of Coinme, said in a press release. […]
If you think that virtual reality is something that relates exclusively to the field of games and entertainment, then you are deeply mistaken. Goldman Sachs predicts that by 2025, the VR industry will grow up to $ 80 billion. In addition to the entertainment industry, the main applications of virtual and improved reality will transform to retail business, real estate and healthcare. Today, the virtual reality market is growing at a huge pace. In […]
Source: American Bakers Association, Adobe Stock WASHINGTON — Blockchain as the basis for an integrated food safety system will highlight a series of presentations at the upcoming American Bakers Association fall FTRAC Conference scheduled for Oct. 21-22 in Atlanta. Howard Popoola, vice-president of corporate food technology and regulatory compliance at The Kroger Co., Cincinnati, will discuss how engaging with the blockchain ecosystem can propel the baking industry to the forefront of innovation in food […]
Great Day 1 of the @AmericanBakers winter #FTRAC meeting discussing a variety of important issues affecting the baking & milling industries including food safety, nutrition, BE food disclosure, and the 116th Congress. pic.twitter.com/6corSa8EaV
Vatom Labs uses Blockchain-enabled SmartMedia Objects (SMOs) to award Miller Lite patrons in bars and restaurants Getty Images165167132 As blockchain technology becomes more widely adopted by marketers, its applications and limits come into focus. In terms of curbing ad fraud, blockchain can help support a transparent marketplace , but it isn’t speedy and efficient enough to verify legitimate trades as they happen . Ad exchanges aren’t nearly as much fun as other potential uses, […]