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IBM, Bitcoin ATMs, physical commodities claim top spots for July 2019 blockchain stories

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IBM, Bitcoin ATMs, physical commodities claim top spots for July 2019 blockchain stories Aug. 5, 2019  | by Bradley Cooper While the summer heat continues to scorch the Northern Hemisphere, Blockchain Tech News readers cooled off with stories on how the blockchain will transform the worlds of food safety and physical commodities. The top story for July 2019 examined how blockchain technology can provide a safer supply chain for food. Paul Chang, global blockchain lead for distribution and industrial market at IBM Corp. shared how the technology can provide real time metrics of product movements throughout the supply chain. Another story in the same vein spoke with Frank Xiong, group VP of blockchain product development at Oracle about how blockchain can prevent outbreaks in retailers and restaurants. Two of the top read stories were part of a series examining physical commodities, and how blockchain is poised to truly transform that market by providing consisten...
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Why is cryptocurrency seen as a natural security issue?

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Why is cryptocurrency seen as a natural security issue? Aug. 12, 2019  | by Bradley Cooper Image via iStock.com With Facebook's announcement of its cryptocurrency Libra, cryptocurrency has gotten a lot more attention recently, and not all of it is positive, especially from U.S. lawmakers In fact, President Donald J. Trump  tweeted out  his disapproval of Facebook's Libra and Bitcoin alike. "I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity," Trump said in a tweet. U.S. lawmakers have also been heavily suspicious of cryptocurrency, with members of Congress calling for Facebook to halt development on the cryptocurrency until they can examine it closely. And then, two weeks ago,  representatives and Senators  grilled Facebook executive David Marcus about i...
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What in the world is the blockchain?

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What in the world is the blockchain? Aug. 19, 2019  | by Bradley Cooper Image via iStock.com If you have been paying attention to the news cycle these past few months, you may have heard of  Facebook's announcement  of its cryptocurrency called Libra. The announcement shook both the crypto world and Congress as it called for the social media giant to  put a hold  on development until it had time to look at it. Big retailers are also jumping into the world of blockchain and cryptocurrency. In fact, Walmart recently  filed a patent  for blockchain powered drones. But with all this news about blockchain, many people are still confused over what exactly it is and how it's relevant to them. Everyone from retailers to digital signage vendors to restaurants are trying to get a handle on blockchain. While blockchain is a complicated topic, I believe it is possible to drill it down to a few core principles. The basics The first blockchain ...
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