Weekend Roundup: Ending Counterfeiting with the Blockchain, Bitcoin in Cuba and More
Block Verify announced on March 6th that they have a partnership with a UK pharmaceutical company to begin ensure the validity of pharmaceuticals using the Blockchain. Block Verify, a blockchain-based anti-counterfeit solution, wants to have a global, positive social impact by using blockchain technology to "make the world more honest." Pavlo Tanasyuk, founder of Block Verify (and co-founder of SpaceBit), told CoinTelegraph: "We decided to start with [the pharmaceutical industry] as it is one of the sectors where people are directly affected by using counterfeit products. That can lead to....
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Counterfeiting and brand misrepresentation can be fought using the Blockchain technology in conjunction with other collaborative entities. Say experts. We can attach a smart token to a Gucci purse to “prove” it is real. Counterfeiting and brand misrepresentation are issues that have been tricky to handle by internet users. Product protection, especially for artists have posed an insurmountable task due to the anonymous nature of the internet. Even when counterfeiting and brand misrepresentation is detected, managing such cases have also been difficult. Jurisdiction, location, adequate....
Proof that Bitcoin can empower the minority, independent of political will or regulatory circumstance, is coming to light in 2015 – in Cuba. In an exclusive interview with CoinTelegraph, members of the Club Anarcocapitalista de Cuba (Cuban Anarchocapitalist Club; CAC) were able to go on record to describe their mission to bring the social and economic freedom engendered by Bitcoin to their local community. Changing international relations with Cuba have made international headlines in recent months. Trade embargoes with the US are under review, and in their absence a Cuba could emerge....
Bitcoincuba aims to introduce the cryptocurrency bitcoin to the Cuban community, with the first transaction already made through a public WiFi. According to founder Fernando Villar, this could show Cubans that it is possible to transact using the cryptocurrency via Nauta, the state-run public WiFi network. "This will hopefully open everyone's eyes on the possibilities and finally put Cuba on the bitcoin map," Villar mentioned. Bitcoin in Cuba. The financial system is a little more complicated in Cuba, as there are two official currencies in circulation. One is the peso, which is used for....
When a country faces a severe economic crisis or living in a long-lasting political turmoil, cryptocurrencies are often discussed as an alternative to deal with the tough times. Although cryptos are not an unfamiliar issue in Cuba, the Communist Party of Cuba (PCC) has been recently showing interest in digital assets to face the economic crisis. Party Delegates Want to Assess Feasibility of Cryptos in the ‘Current Economic Conditions’ According to Directorio Cubano, some members of the PCC suggested that the country should make its inception into the crypto sphere as “an....
As the first recorded BTC transaction in history between Cuba and the United States is now history, CoinTelegraph spoke with Ni’Coel Stark, Managing Principal and Co-Founder at Block26, which recently invested US$450,000 into bitcoin wallet startup Airbitz that was used to perform the milestone transaction. Bitcoin in Cuba. Back in March, members of the Club Anarcocapitalista de Cuba (Cuban Anarchocapitalist Club; CAC) went on record and explained their mission to CoinTelegraph about bringing social and economic freedom with the help of Bitcoin to their local community. “Bitcoin is....