Amazon Quickly Jumping into Blockchain Technology

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Even as the crypto winter persists, online retail giant Amazon remains utterly unperturbed. As a matter of fact, the company sees substantial untapped potential in blockchain technology. On Wednesday, it posted that it was rolling out two new services, including a blockchain-powered service. According to the press release, the blockchain-based service will enable Amazon customers … Continue reading “Amazon Quickly Jumping into Blockchain Technology”

How Blockchain is Transforming the eCommerce Industry

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New technologies tend to disrupt existing systems and the blockchain is no exception. This technology is bringing about changes to both small and large market structures. One industry that is experiencing the power of blockchain technology is the eCommerce. The eCommerce industry is currently experiencing a significant turnaround all thanks to blockchain technology. Even before … Continue reading “How Blockchain is Transforming the eCommerce Industry”

IBM Disrupting Scientific Research on the Blockchain

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IBM was awarded a patent for blockchain-powered scientific research data. With it, they aim to make sharing such data more secure and efficient for the scientific community. This is yet another patent among many for the tech giant and global leader in blockchain development. The U.S. Patent and Trademarks Office (USPTO) published IBM’s patent titled … Continue reading “IBM Disrupting Scientific Research on the Blockchain”

Why Blockchain Still Struggles to Gain Traction

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There’s no doubt blockchain is growing aiming to gain additional popularity.  The research firm Gartner Inc. forecasts a $176 billion industry. Tech giants IBM and China’s Alibaba are approaching a combined 200 blockchain patents.  Still, there are several hurdles preventing many businesses from getting on board. Blockchain is still Gaining Popularity Understandably, not every business … Continue reading “Why Blockchain Still Struggles to Gain Traction”

Larry Fink: BlackRock Won’t Offer Crypto ETF until Industry is Legitimate

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BlackRock CEO Larry Fink discussed his views on cryptocurrency and a crypto ETF in recent days.  Based on what he said, a BlackRock crypto ETF is not likely any time soon. CEO Larry Fink acknowledges a Big future for Cryptocurrency “I do see one day where we could have electronic trading for a currency that … Continue reading “Larry Fink: BlackRock Won’t Offer Crypto ETF until Industry is Legitimate”

Blockchain More Popular than Cryptocurrency, according to Google

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According to Google Trends, people are currently more interested in blockchain than cryptocurrency.  Of course, that’s probably oversimplifying it.  These metrics can’t reveal the full complexity of people’s interest.  But on the other hand, they could reflect how prevalent blockchain tech is becoming. Google Trends is an analytical tool that compares data from Google searches … Continue reading “Blockchain More Popular than Cryptocurrency, according to Google”

Roger Ver Considers Launching Cryptocurrency Exchange

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Apparently, Bitcoin.com CEO Roger Ver wants to launch his own cryptocurrency exchange. “If we build it ourselves, we can do it really, really cheap, and we get exactly what we want,” he says, as quoted by Bloomberg. “But we don’t have the security of a battle-tested exchange that’s been around for a while.” Bitcoin Cash (BCH) … Continue reading “Roger Ver Considers Launching Cryptocurrency Exchange”

Carrefour Blockchain: Retailer Adopts Technology to Track Produce

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The Times They are a Changin’, sang Bob Dylan.  That’s never been truer, especially with blockchain changing the world.  Europe’s largest retailer, Carrefour just adopted blockchain ledger technology to trace chickens, eggs, and tomatoes as they travel from farms to stores.  It could very well deploy the program across all fresh product lines in coming … Continue reading “Carrefour Blockchain: Retailer Adopts Technology to Track Produce”

Bank of America is Bullish on Blockchain

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Blockchain could be a $7 billion market, says Bank of America. Bank of America says it could be a major boost to Microsoft, Oracle and Amazon.com “Amazon will benefit from incremental cloud services demand from Blockchain implementation, while improved supply chain tracking should make Amazon’s retail operations more efficient,” noted Bank of America analysis as … Continue reading “Bank of America is Bullish on Blockchain”

Blockchain Adoption: AT&T Launches Solutions

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It’s only a matter of time before most companies adopt blockchain technology.  In recent days, AT&T jumped on the bandwagon, offering solutions for the supply chain.  It simply wants to help clients track and manage information across multiple parties. The company’s new suite of offerings can be used in manufacturing, retail and healthcare. “Blockchain improves … Continue reading “Blockchain Adoption: AT&T Launches Solutions”