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Topic: [2017-06-05] We’re Moving to the Blockchain (Read 4830 times)

legendary
Activity: 2114
Merit: 1031
I'm almost more interested in the article linked within this article...

https://www.ethnews.com/walmart-tests-food-safety-with-blockchain-traceability

1) How does this system work?

2) How are we confident this system can't be "faked?"

3) Does this increase the "use" of ether, or does it have nothing to do with cryptocurrency? (Is it basically just an alt coin operating independently from any other cryptocurrency)

Very exciting to see solutions like this becoming operational!
full member
Activity: 322
Merit: 217
Every day mankind is finding new uses for the blockchain. Here are a few of the cooler applications that are set to improve things…


A firm in China called BitSE has recently launched a new version of Ethereum that they call VeChain to make it simpler for large corporations to start using the blockchain for big business.

Walmart is also getting in big on the blockchain. Recently, they’ve successfully completed a test that will help track the origin of food products. Executives of the super supermarket have stated that this is not something they’re pursuing in order to give them a competitive advantage but rather they invited others to participate and strengthen the network. Food safety is a big deal and this new technology has the potential to drastically reduce the effect of foodborne diseases.

Here at eToro, we are continuing our path of innovation and integrating the blockchain in a brand new way. This new pilot will be the first blockchain wallet to allow clients to store and trade multiple cryptocurrencies at the same time and will record the transactions directly on the bitcoin blockchain.

Read the full article at: https://hacked.com/were-moving-to-the-blockchain/
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