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#TRENDING STORIES
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Tag: Tracking
Walmart Turns to Blockchain to Circumvent the E.Coli Outbreak in Food Products
Category: Adoption, Blockchain, Business, News
Retail giants Walmart and Sam’s Club are primed to enter the waters of the distributed ledger technology (DLT), as they will now require their green vegetable suppliers to track the farm produce, all the way from the point of origin. According to a report published by Walmart, on September 25, 2018, blockchain technology will be used as a means to…
Russia’s Interior Ministry Looking to Criminalize Unregistered Crypto Activity
Category: Altcoins, Bitcoin, Blockchain, Development, Investment, News
Russia’s Ministry of Internal Affairs is considering establishing criminal liability for unregistered crypto operations. According to a report dated August 23, 2018, the head of Russia’s Main Directorate for Drug Trafficking, Andrey Khrapov, has asked the country’s legislators to require that all cryptocurrency transactions exceeding 600,000 rubles (around USD 9000) be registered with or monitored by Russian authorities. Mandatory Reporting…
Oracles, Smart Contracts, and the Crypto Space
Category: Blockchain, Cryptocyclopedia, Finance
The term “oracle,” which comes from a Latin verb orare, was used in ancient times to refer to a person or group that connected the gods to the people. The oracle then relayed the heavenly messages to the general public who could not access the spiritual world. Being an agency of communication, they acted in different ways inspired by different…
