Produce companies that want to sell lettuce and salads at Walmart and Sam’s Clubs will have to learn the skills of cryptocurrency traders, the giant retailer announced last week. By the end of January 2020, Walmart will require California-based produce companies such as Dole, Taylor Farms and Fresh Express to join a blockchain-based supply chain that the mega-retailer has been experimenting with for nearly two years to enable Walmart to trace the source of food-borne illness. Shifting to the encrypted system of shared information made famous by bitcoin would enable Walmart and its suppliers to contain and limit recalls involving Walmart and Sam’s Club stores, a $280 billion grocery empire. “We’re requiring our suppliers of fresh leafy greens to be able to trace back their product to the source, to the farms, in seconds and not days or weeks,” Frank Yiannas, Walmart’s vice president for food safety, said Sept. 24. The move by Walmart could upend the … [Read more...] about Walmart to salad growers: If you want to sell, you have to blockchain
NEW YORK, NEW YORK, UNITED STATES, October 2, 2018 /EINPresswire.com/ -- The Wall Street Blockchain Alliance (WSBA), an industry leading non-profit trade association with a mission to guide and promote comprehensive adoption of blockchain technology and cryptoassets across global markets, is proud to announce that Joshua Ashley Klayman has been appointed to the WSBA Board of Directors. Joshua is the founder of the boutique blockchain law firm of Klayman LLC, as well as the founder of Inflection Point Blockchain Advisors, LLC, a boutique strategy consulting and advisory firm based in New York City. She has been recognized by Chambers and Partners as one of the top 12 blockchain and cryptocurrency lawyers in the world, and also currently serves as Chair of the WSBA Legal Working Group, comprised of over fifty global law practices. Notes Ron Quaranta, Chairman of the WSBA: “It is a privilege to have Josh join the WSBA Board of Directors. We have been able to work with her for … [Read more...] about Blockchain Legal Thought Leader Joins Wall Street Blockchain Alliance Board of Directors
Las Vegas, Nevada, Oct. 01, 2018 (GLOBE NEWSWIRE) -- B4MC Gold Mines, Inc. (OTC PINK: RKFL) announced that on September 25, 2018, it filed a certificate of amendment (the “Amendment”) to its articles of incorporation with the Secretary of State of the State of Nevada to (i) amend its name from B4MC Gold Mines, Inc. to RocketFuel Blockchain, Inc., (ii) decrease the number of authorized shares of the Company’s common stock from 750,000,000 to 250,000,000, and (iii) authorize 50,000,000 shares of blank check preferred stock, par value $0.001 per share /EIN News/ -- The name change became effective as of September 28, 2018 on the Daily List of the Financial Industry Regulatory Authority. About RocketFuel Blockchain Company RocketFuel Blockchain Company is developing technology to bring highly efficient check-out systems to eCommerce. These new check-out systems are based on blockchain technology and are designed to increase speed, security, and ease of use. … [Read more...] about B4MC GOLD MINES CHANGES NAME TO ROCKETFUEL BLOCKCHAIN
Journalism is one industry that's been severely disrupted by technology as newspaper readers moved online. Many papers have yet to develop new revenue streams to replace their old models but a brand new start-up called Civil thinks technology may also be journalism's savior. It involves average citizens buying a share of independent newsrooms with the help of cryptocurrency. Civil has now funded online journalism outlets from Chicago to Singapore. "We've had 20 years or more of digital media being run primarily by companies like Google and Facebook that just do not care about journalism and have business models that are predicated on harvesting user data and serving you ads and it's harming journalism in a serious way," said Civil CEO Mathew Iles. As the footprint of traditional newspapers is shrinking, Civil's footprint is growing. The goal is a marketplace for news owned and operated by journalists and citizens, funded in part by cryptocurrency. The information is archived … [Read more...] about Can blockchain save local journalism?
By Irving Wladawsky-Berger Sep 28, 2018 3:15 pm ET 0 COMMENTS Bitcoin was created about a decade ago, with the release of the original design paper, Bitcoin: A Peer-to-Peer Electronic Cash System, under the pen name of Satoshi Nakamoto. Bitcoin aimed to become a decentralized cryptocurrency and digital payment system that would enable the secure exchange of digital money without the need for central government authorities or financial intermediaries. It introduced the blockchain, which most everyone agrees is a truly brilliant architecture built on decades-old fundamental research in cryptography, distributed data, distributed computing, game theory and other advanced technologies. How are they doing after 10 years? The September 1 issue of the Economist includes a special report on cryptocurrencies and blockchains, with nine articles on the subject. The report’s overview article doesn’t mince words in articulating its overall assessment: … [Read more...] about Cryptocurrencies and Blockchains: How Are They Doing After 10 Years?