2019 was a crazy year for cryptocurrency enthusiasts and a number of interesting events happened throughout the last 12 months. It’s hard to keep track of the day-to-day activities taking place within the cryptosphere and there may be a few incidents some of our readers missed. At news.Bitcoin.com we took the opportunity to scan our […]
Rakuten, 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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On 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 […]
The post Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto appeared first on Bitcoin News.
Cryptocurrency 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 […]
The post These Websites Help You Shop With Major Retailers Using Cryptocurrency appeared first on Bitcoin News.
Ordering 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 […]
The post Buy From Home Depot and Walmart With Bitcoin Cash Through Alagoria appeared first on Bitcoin News.
In 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 […]
The post Chatter Report: Voorhees Questions ‘Smart Money’, Sechet Explains ‘Miners Don’t Vote’ Declaration appeared first on Bitcoin News.
In 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.
A brief history of how IBM has established itself as a leader for innovative blockchain solutions around the world.
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IBM officially launches blockchain-based Food Trust, announcing its partnership with French-based retail giant Carrefour.
U.S. tech giant IBM has officially launched its…
Google partially reverse its crypto-ad ban, and Walmart makes blockchain use mandatory for leafy greens suppliers.
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Walmart will require its suppliers of leafy-greens to implement blockchain technology by September 2019.
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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 […]
Walmart’s latest blockchain-related patent describes a system where autonomous robots handle package delivery.
U.S. retail giant Walmart has applied to the U.S. Patent …
Developer 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 […]
The post Bitcoin’s Return to Innovation: Changing the World Through Peer-to-Peer Electronic Cash appeared first on Bitcoin News.
A newly published patent application by Walmart describes the blockchain-powered management of smart appliances.
U.S. retail giant Walmart has applied for another patent…
The latest blockchain-related patent application by Walmart has been released, outlining a reservation system for smart delivery lockers.
U.S. retail giant Walmart&rsquo…
A Walmart-led blockchain initiative with IBM seeks to reduce the time and energy involved in tracking food across the global supply chain.
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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.
Walmart’s patent aims to develop a system to manage energy consumption using Bitcoin and other cryptocurrencies.
U.S. retail giant Walmart has won a patent for the devel…
Walmart’s latest blockchain-related patent proposes a platform that would let customers resell items they no longer need.
Walmart has filed a patent for a blockchain-bas…
A shipment of gasoline from China to Singapore is reportedly the first commodity trade managed entirely on a Blockchain.
A subsidiary of Sinochem Corporation, one of Chi…