Category: Walmart

‘Amazon of Japan’ Rakuten Launches Crypto Exchange Service

'Amazon of Japan' Rakuten Launches Crypto Exchange Service, Others Following SuitRakuten, the “Amazon of Japan,” announced the launch of its new crypto exchange platform Monday, August 19, offering spot trading of crypto assets via a dedicated smartphone app. The e-commerce giant has been crypto-friendly for a while now, experimenting and investing in crypto payment systems since at least 2014, but with the launch of the […]

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Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto

Banks Stopped Walmart Bank - Now the Retail Giant Hits Back With CryptoOn August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of Walmart’s retail scope […]

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These Websites Help You Shop With Major Retailers Using Cryptocurrency

These Websites Help You Shop From Major Retailers Using CryptocurrenciesCryptocurrency users are often forced to convert their coins to fiat in order to purchase items from leading retailers and ecommerce platforms such as Walmart and Home Depot, Amazon, Aliexpress, and Ebay. The hesitation of these merchants to embrace crypto payments has created a niche that’s being occupied by online businesses that are bridging the […]

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Buy From Home Depot and Walmart With Bitcoin Cash Through Alagoria

Buy From Home Depot and Walmart With Bitcoin Cash Through AlagoriaOrdering from large retailers doesn’t necessarily have to involve fiat money, even when these merchants have yet to adopt crypto payments. A platform called Alagoria lets you buy items sold by Home Depot and Walmart and you can pay with decentralized currencies such as bitcoin cash. Also read: Bitcoin People Directory Lists Crypto-Friendly Merchants Alagoria […]

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Chatter Report: Voorhees Questions ‘Smart Money’, Sechet Explains ‘Miners Don’t Vote’ Declaration

Voorhees Questions Crypto VC ‘Smart Money’, Sechet Explains Pacia’s 'Miners Don’t Vote’ DeclarationIn today’s Chatter Report, Erik Voorhees criticizes cryptocurrency-focused venture capital firms for reneging on their signed term sheet deals. Also, Steve Patterson calls out Amaury Sechet over Chris Pacia’s comment that miners don’t vote. Lastly, imaginary_username contemplates on the different roles of miners and users in Bitcoin.  Also read: BCH Devs Discuss Securing Instant Transactions […]

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PR: Coinseed Announces Crypto Cash Back Program

Coinseed Announces Crypto Cash Back ProgramIn the US, we all love cash backs as merchants or financial institutions reward small amounts of money to its users for using or buying their products. Well, how about earn that cash back money in crypto instead of good old US dollars?

This is exactly what Coinseed app is doing with their latest product feature. Coinseed lets you invest your spare change in crypto and it makes perfect sense for their users to have this feature.

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How About Chocolate Bitcoins? 6 for a Dollar

Walmart Would Sell You Chocolate Bitcoins, 6 for 1$Supermarket chain Walmart is selling candy bitcoins, at least according to a photo posted in crypto forums. A dollar will get you half a dozen in a bag under the “Everyday Low Price” banner. “The modern currency in chocolate!” hits store shelves in the U.S. while the retail giant files another blockchain-related patent, this time […]

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Bitcoin’s Return to Innovation: Changing the World Through Peer-to-Peer Electronic Cash

Bitcoin’s Return to Innovation: Changing the World Through Peer-to-Peer Electronic CashDeveloper Gabriel Cardona was personally recruited to fast track development of Bitcoin Cash (BCH). Open source, full featured development kit, Bitbox, his creation, has taken the community by storm, and it is now part of the Bitcoin.com developer universe. Money, Mr. Cardona likes to say, is critical to the human condition. And BCH and its […]

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Walmart Awarded Patent for Blockchain-Based Medical Records System

Walmart has been awarded a patent for a healthcare information system, which will store medical data on a blockchain from a wearable device.

U.S. retail giant Walmart has been awarded a patent for a system that would store medical records on a blockchain from a wearable device, according to a patent filing published by the U.S. Patent and Trademark Office.

The system, according to the document, will allow medical professionals to retrieve medical data from a patient that is unable to communicate. The patient’s medical records will theoretically be stored on a blockchain, accessible by a device worn by the patient that first responders could access with an RFID scanner. The patent further explains the principles of the system’s operation:

“… receiving, by a processor of a computing system, an encrypted private key and a public key associated with the patient stored on a wearable device of the patient, in response to a scanning of the wearable device of the patient at a scene of an emergency, wherein the encrypted private key is decrypted by a biometric signature of the patient; obtaining, by the processor, the biometric signature of the patient by scanning a bodily feature of the patient; decrypting, by the processor, the encrypted private key using the biometric signature of the patient to determine a private key associated with the patient; and accessing, by the processor, the medical records of the patient, using a combination of the public key and the private key associated with the patient, to access a local storage medium of the wearable device.”

Additionally, the obtained medical information may be shared with hospitals and other healthcare entities, meaning that if the patient is transported from one medical care organization to another, their data will be available to medical care personnel before the patient’s arrival.

According to Fortune, Walmart is considering purchasing health insurer Humana, a company with which the retailer has an established relationship. Should the new blockchain medical record system prove viable, a partnership with Humana would provide an indispensable data depository.

Walmart has filed patents for other blockchain-based systems, including a marketplace for reselling purchased products, a “Smart Package” system to track package contents, environmental conditions, location, and other details, and an electrical grid that will be powered by Bitcoin or other digital currencies. The company’s vice president Frank Yiannas said that Walmart is ready to use blockchain technology in its live food business, which will shorten the time it takes to track produce from six days to two seconds.

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