Happenings around the Crypto land.
Walmart wants to use the Blockchain
Walmart INC is getting suppliers to use the Blockchain to reduce food wastage. Improved control of food contamination and greater transparency.
They did a test on tracking produce using traditional methods versus the Blockchain. The Blockchain returned 2 seconds compared to the traditional method of 6 days.
Wowza! It takes 6 days to track where food came from? Hooraa for Blockchain. It is ready to be used on their live food products.
Another case of Blockchain adoption. 2018 will be a big year for the cryptosphere.
Senator supports the Blockchain
In a bigger perspective of adoption, a Senator have approved the use of Blockchain technology. Namely to securely transfer corporate share certificates and to help the cannabis industry.
Everyone agrees that there has to be a better way for cannabis companies to do business. They simply cannot and should not have to continue to run their businesses like black market operations. We’ve been seeing tremendous interest and getting input from stakeholders across the state, and I’m confident we’re going to get this done.
- Sen. Bob Hertzberg.
He goes on to say how the government should adopt this technology or they will be left behind eating dust.
The world around us is changing, and government must adapt with these rapidly evolving times. California needs to continue our legacy of taking on new and developing technologies, especially ones like blockchain, which is being embraced worldwide and presents a strong level of security that is resistant to hacking.
- Sen. Bob Hertzberg.
All I want to say is Bon Hertzberg for President!
source
China turns up the heat
Another crypto regulation from China. Hunting down Real Estate fundraising projects this time that pushes the Housing prices in China.
Uggh yeah another one. Chinese is famous for regulating/whipping their people. But you know what, the people don't care.
Lets sue Facebook!
Martin Lewis sues Facebook for scam ICO ads. In one of his blog posts on moneysavingexpert.com he detailed how he wanted Facebook to stop running ads of scams with his name and face on it.
“Enough is enough. I’ve been fighting for over a year to stop Facebook letting scammers use my name and face to rip off vulnerable people – yet it continues. I feel sick each time I hear of another victim being conned because of trust they wrongly thought they were placing in me. One lady had over £100,000 taken from her.
Over a fucking year? Facebook DGAF!