Bitcoin Becomes Venezuelans’ Last Resort, Even When Buying Food
Amidst the worsening economic crisis and financial turmoil, Venezuelans are in search for alternative assets and stores of value to finance their daily living. The imposition of excessive regulation on physical assets such as gold has pushed the demand for Bitcoin in the struggling country. The death toll of starving Venezuelan children is rapidly increasing in Venezuela, to the point where military personnel resort to trafficking food into the country and residents are struggling to acquire basic necessities like medicine. Bags of money. In December of 2016, the New York Times provided....
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LABS Group, an end-to-end blockchain property investment platform, began its auction of the world’s first-ever community-owned resort and rewarding timeshare (RTS) non fungible token on July 15, 2021. Kunang Kunang Glamping Resort, the brand new resort located in Banyuwangi, Indonesia, is developed and operated by LABS Group partner Gravity Resorts. The resort NFT ownership will […]
A boutique resort in Indonesia has auctioned NFTs for hotel perks on the Binance Smart Chain-based NFT marketplace Refinable. LABS Group, a blockchain property investment platform, raised $3,650,000 for Kunang Kunang Resort with NFTs. Kunang Kunang Glamping Resort is the world’s first-ever community-owned project fractionalized into Rewarding Timeshare (RTS) NFTs. The NFTs transform the way […]
Bitcoin is making its way into the payment processing hardware of this posh resort in the archipelagic state located in Southern Asia. As the global adoption of cryptocurrencies grows, more consumer brands and businesses, including the hotel and resort industry, are beginning to accept digital assets as payment. Soneva, a leader in the luxury hospitality […]
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Blockchain technology has emerged as a tool for addressing an important global issue: the growing complexity of the food supply chain and the increasing amount of wasted food, according to a senior research fellow at the University of Surrey. Writing in The Conversation, an online source of information from the academic and research community, senior research fellow, Phil Godsiff said that a recent analysis suggested that half of U.S. food production is wasted, with global estimates above 30 percent. The growing use of sensors in the food supply chain, paired with blockchain technology,....