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Walmart Files Patent Introducing Its Own Digital Currency

Walmart Files Patent Introducing Its Own Digital Currency

Walmart has filed a cryptocurrency patent to develop its own U.S dollar-backed digital currency similar to Facebook’s Libra.

Walmart Files Patent Application for Blockchain-Based Drone Communications

Walmart Files Patent Application for Blockchain-Based Drone Communications

The American commerce giant Walmart filed for a patent application for a drone communication system entitled “Cloning Drones Using Blockchain” in January 2019. The United States Patent and Trademark Office published the patent on August 1.

Walmart Canada Delves Deeper into Blockchain with DLT Labs Tie-Up

Walmart Canada Delves Deeper into Blockchain with DLT Labs Tie-Up

Walmart Canada has teamed up with DLT Labs for its blockchain-driven freight and payment network that is touted to be the world’s most prominent full production blockchain solution for any sector application.

IBM, KPMG, Walmart, Merck Reveal Results of FDA Blockchain Drug Tracing Pilot

IBM, KPMG, Walmart, Merck Reveal Results of FDA Blockchain Drug Tracing Pilot

IBM, KPMG, Walmart, and Merck’s blockchain pilot in drug-tracing has successfully exceeded the US Food and Drug Administration’s (FDA) benchmarks. The pilot program aimed to encourage new technologies to be used in the pharmaceutical supply chain. Blockchain was used as a shared record movement of pharmaceutical drugs through the supply chain, which resulted in improved efficiency. Recalls were proven to be done in just seconds, rather than in days, as blockchain offers traceability.

China Unlikely to Approve Oracle and Walmart’s TikTok Deal – Blockchain and Bitcoin Implications

China Unlikely to Approve Oracle and Walmart’s TikTok Deal – Blockchain and Bitcoin Implications

China appears to be on edge regarding Oracle and Walmart’s deal with parent company ByteDance for TikTok’s US operations, calling it an “unfair deal.”

Walmart to Launch its own Crypto and Collection of NFT

Walmart to Launch its own Crypto and Collection of NFT

US retailer Walmart is actively engaging in Metaverse, with documents filed with the US Patent and Trademark Office late last month, showing that the company is preparing to create its own collection of crypto and NFTs.

Walmart Clarifies False report, Not Accepting any Litecoin for Payment

Walmart Clarifies False report, Not Accepting any Litecoin for Payment

On Monday, retailer Walmart issued a clarification to debunk a false report concerning a partnership between Walmart and Litecoin (LTC). Walmart stated that it has no relationship with Litecoin.

Pudgy Penguins Expands Retail Presence with New Toys in Walmart Stores

Pudgy Penguins Expands Retail Presence with New Toys in Walmart Stores

Pudgy Penguins expands Pudgy Toys line to 3,100 Walmart stores, including 30 exclusive toys, demonstrating growth from digital NFTs to tangible consumer products through royalty payments via OverpassIP.

Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra

Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra

In part 2 of the interview, Gerard walked us through some of the recommended bills to the government in fostering blockchain innovation, such as the “Blockchain Promotion Act”. He then shared his views on the nature of Bitcoin and two contradictions of Facebook’s Libra.

President Donald Trump Approves Oracle Deal, Ban Averted for TikTok but not WeChat

President Donald Trump Approves Oracle Deal, Ban Averted for TikTok but not WeChat

President Trump approved the TikTok deal that Oracle has been working on, postponing a scheduled ban of the video-sharing platform and of WeChat.

Walmart Hires Digital Currency and Cryptocurrency Product Lead

Walmart Hires Digital Currency and Cryptocurrency Product Lead

The multinational retail giant in the United States, Walmart, is hiring managing position in charge of cryptocurrency and digital products.

Walmart Installing Bitcoin ATMs in its Retail Stores

Walmart Installing Bitcoin ATMs in its Retail Stores

Some Walmart customers are now able to purchase Bitcoin in its stores. Walmart's spokesperson said serval pilot tests conducted by Coinstar started earlier this month, including 200 kiosks in Walmart stores.

IBM Food Trust: Cutting Through the Complexity of the World’s Food Supply with Blockchain

IBM Food Trust: Cutting Through the Complexity of the World’s Food Supply with Blockchain

IBM Food Trust was first launched in August 2017, with 10 Foundation members aiming to use blockchain in food traceability to solve issues in the food supply chain. Prior to the launch, IBM, Walmart and Tsinghua University announced a collaboration to improve the way food is tracked, transported and sold to customers in China. Juniper Research recently announced that IBM Food Trust is one of the leading blockchain players in the food provenance space.

China’s Central Bank Accelerates R&D of its Legal Digital Currency

China’s Central Bank Accelerates R&D of its Legal Digital Currency

People's Bank of China, the Central Bank of China made an announcement of the acceleration of the development of its legal digital currency.

Why Bitcoin Doesn’t Feel Like a Bull Market

Why Bitcoin Doesn’t Feel Like a Bull Market

Why does everybody still act like bitcoin is in a bear market?

US Judge Blocks Trump Administration’s Ban on TikTok Downloads

US Judge Blocks Trump Administration’s Ban on TikTok Downloads

A federal US judge granted an injunction request against the Trump Administration’s order to ban TikTok downloads across all US app stores.

Top 4 Platforms to Purchase Christmas Gifts With Bitcoin

Top 4 Platforms to Purchase Christmas Gifts With Bitcoin

As the yuletide season is fast approaching, one of the most predominant thoughts on the minds of many people is the kind of gift to get for loved ones. Being a season of giving, there is no surprise that given that the usability of cryptocurrencies keeps increasing over the years, websites accepting cryptocurrencies have been on the rise as well.

Six Cryptocurrency Trends to Watch in 2020

Six Cryptocurrency Trends to Watch in 2020

A quick look at some of the main developments and events on the horizon that are set to shape the digital asset market throughout 2020.

How Blockchain Technology is Improving the Agricultural Sector

How Blockchain Technology is Improving the Agricultural Sector

This implementation of the blockchain technology has led to the adoption of tactics like smart farming, which connotes the use of modern technology like Blockchain in farming practices.

Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry

Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry

TikTok, the multibillion-dollar video sharing platform popularized by millennials and Gen Z, has chosen Oracle Corporation as its tech partner over Microsoft.

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