When cryptocurrency was first rolled out 11 years ago, the world showed distaste for the new mode of payment. Many countries marked it illegal, while most big companies took it as a “joke,” but things soon changed. Some of the world’s biggest brands now have or plan to have their own crypto or at least accept it as a medium of payment.
Leading crypto gaming organization, the Coingaming Group, has now revealed a new partnership with the non-profit blockchain firm, the TRON Foundation, responsible for developing one of the world’s foremost blockchain and smart contract platforms, TRON and the TRX cryptocurrency.
Various developers are trying to make money using other people’s or company’s popular names and brands. As we talk right now, there is a person in South Korea that is trying to prey on Samsung’s blockchain ultramodern plans by ripping off the Samsung Coin brand. The person behind this move has been identified as Kim Nam-jin.
LVMH is set to be the first group in the luxury industry to adopt blockchain technology and DLT for traceability and large-scale product authentication in Italy. The French luxury giant, between the months of May and June, should roll out Aura, a blockchain network for the authentication of its products that will initially be reserved for the Louis Vuitton and Perfumes Christian Dior brands, but which in the future could be extended to all other brands controlled by the group.
The blockchain technology, as a major tool used for large-scale certification of goods on market, is unleashing an undercover bonanza. To compete are the major brands of global organized distribution, which are equipped with internal ecosystems based on blockchain. They have positioned their activities, with a view to spreading the technology, which has made the boom of the cryptoasset, ensuring transparency and unchangeable shared data.
The promotion of Bitcoin during Real Madrid, FC Barcelona and Atlético Madrid matches. Singularity-X has exceeded all expectations: the crypto exchange promoted Bitcoin trading at no charge across Europe during several live broadcasts.