The Chicken and Egg: Blockchain Existed Before Bitcoin
The Blockchain is a disruptive technology which is proving to be an inevitable aspect of human development. Yet in the stage of adoption across various sectors of development, Blockchain technology within the last decade has grown in popularity and displayed great potential in so many aspects. Cointelegraph spoke to Asse Sauga on the history, development and potentials of the Blockchain, especially as it disrupts existing industrial processes. Sauga was the first Blockchain professional in the banking sector with LHV Bank in Estonia, he is presently the CTO at ProofofYou. The beginning of....
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Bitcoin in the Headlines is our weekly look at bitcoin news, analysing media and its impact. It's the classic philosopher's dilemma, the chicken and egg. Which came first? And how do you make sense of being stuck in that unknowing middle? For the media and the general public, debates in the bitcoin space are often muddled in the same confusion - 'Can you have the blockchain without bitcoin?' 'Is the protocol safe even if bitcoin businesses are not?' and 'Who made this thing anyway and why can't we ask them?'. Such is the struggle of making sense of a technology that seems to have emerged....
KFC wants to promote its branding to Koreans through nonfungible tokens. Entertainment and nonfungible token marketplace TriumphX has signed a memorandum of understanding (MOU) with fast-food giant KFC in South Korea.The agreement will focus on joint blockchain research with the aim of integrating NFT technologies and enhancing the branding of the fried chicken outlet.According to reports in local media, KFC Korea plans to introduce blockchain and NFT technology to its branding content. The fast-food franchise intends to issue NFTs to its customers comprising different digital formats....
Remember Grexit? Think back a bit when the whole world was on their seat’s edge and wondering if Greece will or if they won’t exit the European Union. Well fast forward to today and here we are wondering the same about the United Kingdom of Great Britain and Northern Ireland. Brexit the bogeyman. As a person who was born in a Union (The Indian Union) and who has lived a great part of my life in one, I could tell you a thing or two about these sort of entities. The strain is real. We in India have several states that want to exit as well. In fact the Indian government has been fighting....
Readers have no doubt by now seen the ABC profile of Mark Burgunder, an Australian independent chicken farmer and Bitcoin enthusiast who was noteworthy because he prefers bitcoins over fiat money. To quote the ABC feature, which says Burgunder is "laying the foundations for agriculture Bitcoin economy": Mr Burgunder is yet to convince any of his customers to start paying for their eggs using the digital currency. Nonetheless, CCN decided to interview Burgunder about the implications of Bitcoin in agriculture, why he believes in Bitcoin, and what he's doing locally to increase access to it.....
Multinational retail giant Carrefour will use IBM's blockchain tech to track two major food categories as part of a growing reorganization of global supply lines. IBM’s food-tracking blockchain technology will be used by the Carrefour multinational retail firm to track food supply lines from the farm to the store. An agreement between Majid Al Futtaim — the firm that operates Carrefour in the Middle East — and IBM will see the retail giant use the IBM Food Trust initially to track two food categories: chicken and microgreens.The IBM Food Trust is a blockchain-specific platform designed for....