French retail giant Auchan will expand its blockchain products’ traceability solution after successful 18-month pilot in Vietnam
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Global Retail Giant Auchan Expands Blockchain Tracking Solution to Five More Countries
Category: Retail
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Market Value of Blockchain Adoption to Soar 29-Fold by 2023, Report
New analysis looks at factors behind forecast that market value of blockchain in global retail will soar from $80 million today to over $2.3 billion by 2023
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Overstock CEO Reveals Estimated Date for Selling Retail Business to Focus on Blockchain
Founder of retail giant Overstock Patrick Byrne wants to sell his company’s retail business by early next year to focus on blockchain
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Exchanges Round-Up: Palestinians Use Crypto to Transfer Offshore, LXDX Targets Retail Investors
In recent news pertaining to cryptocurrency exchanges, Palestinians are reportedly turning to crypto brokers to facilitate cross-border transactions, XBT Provider has revealed plans to launch an exchange-traded product that will track between 5-10 cryptocurrencies, and LXDX has announced that it will make its platform available to retail investors. Also Read: P2P Markets Report: Record Volume in […]
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Japan: Tech Giants Hitachi, KDDI Trial Blockchain Biometrics Verification System for Retail
Tokyo-headquartered tech conglomerate Hitachi and telecoms giant KDDI are trialing a blockchain-based biometrics system for retail coupon settlement
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PR: Vaultbank to Bring Free Stock Trading with Margin, Top 20 Cryptos, 120+ Fiat Currencies
SAN FRANCISCO — Vaultbank announces the addition of free stock trading to its October Launch. This is in addition to crypto trading and issuance of security tokens. With all of these services on one platform, users will have a single platform solution to invest globally, trade digitally, and cash out locally.
The Vaultbank Platform is currently in beta testing. A tiered global rollout is scheduled to begin in October 2018. Prospective users are invited to join the waitlist on Vaultbank’s homepage at vaultbank.io.
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Australian Bank Bans Use of Mortgage Funds for Crypto Speculation
One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. The move has been attributed to concerns pertaining to the growing regulatory oversight of the cryptocurrency sector in Australia. Also Read: Tether Announces Appointment of New Chief Compliance Officer Bank of Queensland Cracks Down on […]
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Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report
The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would […]
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Bitcoin in Brief Monday: Snatching Blockchain, Tracking Bitcoin
No one likes missing the train. Of course, jumping on the wrong one is sure to delay the arrival even more. In today’s Bitcoin in Brief, we cover the latest attempts by big corporations to stay close to the crypto waters without really wetting their feet. Also, do you want to know how Cryptokitties have […]
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Chinese Merchants in Moscow Convert Most of Their Cash to Crypto
Chinese traders in Moscow’s huge wholesale bazaars have become the most active buyers and sellers of cryptocurrency in the Russian capital. The retail turnover there is estimated at almost $10 billion a month. Authorities say that most of it is converted to cryptocurrencies and sent back to China where it‘s exchanged to yuan. Also […]
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