Chef Aarón Sánchez and IBM teamed up at CES 2020 to create a vision of a blockchain-based food chain. IBM’s Food Trust project, of which Sánchez is a part, aims to allow growers, grocers and cooks to track their food from seed to plate. The system, said IBM General Manager of Blockchain Services Jason Kelley, uses the blockchain simply because it is the cheapest way to get everyone – from the farmer in the field to a tech-loving chef like Sánchez – to connect. Rather than forcing each participant to run…
Day: January 15, 2020
Prepare for Liftoff — South Korea’s Crypto Regulation Ignites in 2019
South Korea remains the third-largest crypto exchange market by volume, just behind the United States and Japan. Despite that, throughout the past three years, the government of South Korea has opted against fully regulating the local crypto market. In the second half of 2019, the government of South Korea started to work on several bills that would further legitimize the crypto sector and allow it to evolve into an established industry. Below is the complete timeline of the passing of bills and controversy surrounding the regulatory side of crypto in…
Ethereum Rallies 15% But Here Is Why It Could Correct In Short-Term
Ethereum is up more than 15% and it broke the key $150 and $160 hurdles versus the US Dollar, while bitcoin jumped above $8,800. However, the current price action suggests ETH could correct towards $160 before it continues higher. Ether price rallied significantly after it broke the $148 resistance area against the US Dollar. The price even surged above the $160 level and traded as high as $171. There is a key bullish trend line forming with support near $162 on the hourly chart of ETH/USD (data feed via Kraken).…
Unpacking the Potential of Blockchain and Infrastructure in Africa
The vast swathes of Africa’s fertile lands may ultimately prove a central arena for the ground-up development of innovative digital infrastructure and green energy projects. Recent pivotal moments in African trade, such as the African Continental Free Trade Agreement, are setting the table for an environment conducive to rapid growth, where both energy and financial infrastructure are a primary focus. Africa’s untapped economic potential is no secret. The continent’s population has soared past more than 1.3 billion, which accounts for roughly 17% of the world’s population and is mostly comprised…
Bitcoin SV Prices Soar After Craig Wright Complies With Court Order
UPDATE 1/15/19 1730 UTC: This article has been modified to reflect the fact that the recent filing refers to Wright having provided a list of wallet addresses rather than the private keys that would give him access to their contents. Craig Wright, the polarizing figure who may or may not be Satoshi Nakamoto, is today telling the court that he has received the public keys associated an $8.9 billion crypto fortune called the Tulip Trust. Some background on what that means: Wright was a business partner to one David Kleiman,…
Bitcoin SV Prices Soar After Craig Wright Claims Access to a Bitcoin Fortune
Craig Wright, the polarizing figure who may or may not be Satoshi Nakamoto, is today telling the court that he has received the keys to access an $8.9 billion crypto fortune called the Tulip Trust. Some background on what that means: Wright was a business partner to one David Kleiman, and they mined a lot of Bitcoin together back when that was an easier thing to do. The pair ended up with 1.1 million Bitcoin in their custody, and that stash is known as the “Tulip Trust” in reference to…
Peter Schiff’s Bitcoin $1,000 Prediction Falls Flat as Gold Drops 4%
Bitcoin (BTC) rising above $8,500 appears to have left gold proponent Peter Schiff with egg on his face after he predicted its imminent downfall to $1,000. Data from Cointelegraph Markets and precious metals monitor Kitco showed that while Bitcoin has gained 7.5% over the past week, gold has conversely slipped 4%. Gold expected to hit $1,500 lows After reaching highs of $1,610 on Jan. 8, XAU/USD has fallen dramatically, trading at $1,546 as of press time on Tuesday. The trend is all the more conspicuous to cryptocurrency supporters, coming at…
Davos 2020 – Ripple, Brad Garlinghouse, President Trump & Christine Lagarde
Every January worlds leaders, financial policymakers, movers and shakers descend on Davos Switzerland for a meeting of minds on the coming year’s fiscal policies. A week from now Davos has the potential to be an interesting meet with Ripple in attendance alongside President Trump and ECB boss Christine Lagarde. Business leaders and politicians from around the world are gearing up to attend another session of the World Economic Forum (WEF), in Davos, Switzerland next week. This year marks the 50th anniversary of the event in the Swiss Alps and its theme…
The Blockchain Approach to Customer Relationship Management
It has long been understood that satisfied customers are key to a thriving business. Customer relationship management, or CRM, enables just that by helping a business engage meaningfully with its customers, improving profitability while lowering costs. With companies spending a whopping $48.2 billion on CRM software in 2018 alone — up more than 15% from the previous year — and a forecast that CRM will become the largest segment in the software market by 2020, it’s curious that only 46% of businesses invested in such solutions last year. CRM is…