Oscar Mayer’s Bacoin to bring home the bacon?

Oscar Mayer's Bacoin to bring home the bacon?

American meat producer Oscar Mayer has released what it describes as a cryptocurrency called Bacoin, which can be exchanged for real Oscar Mayer bacon. It is a currency that is backed by the savory, sizzling breakfast meat popular in American homes. The official website for Bacoin has an exchange rate that updates every hour, and […]

Bitcoin Price Set to Overtake All Time High Says Senior Analyst

Bitcoin Price Set to Overtake All Time High Says Senior Analyst

A senior analyst at leading social trading network eToro has announced that he sees Bitcoin overtaking its all-time high of $20,000 with “absolute certainty” Mati Greenspan, who is also a well-known bitcoin expert, told the UK’s Sunday Express that bitcoin’s January retracement was “a temporary swerve” and feels certain the trend will now be upward […]

IBM Launches TrustChain Project to Track Precious Metals

IBM Launched TrustChain Project To Track Precious Metals

IT giant IBM has teamed up with jewelry consortium Richline Group to launch TrustChain to enable jewelry enthusiasts to track their precious metals from the source until delivery. In just another demonstration of blockchain technology’s potential, TrustChain is expected to address the issues of customer trust in the precious metals trade. Improving efficiency and trust Expected to begin serving […]

Bitcoin Mining Takes Off Above the Stratosphere

Bitcoin Mining Takes Off Above the Stratosphere

Sweden based company Miner One has launched a bitcoin mining rig into the stratosphere where it successfully mined the digital currency from over 100,000 feet (35,000 meters) above the earth, states the company in its blog post. The rig called Space Miner One was launched using a hydrogen balloon with a capsule assembly attached containing […]

Bitcoin for World Peace: Can the Digital Currency End War for Good?

Bitcoin for World Peace: Can the Digital Currency End War for Good?

Saifedean Ammous’s recently released ‘The Bitcoin Standard’ raises fascinating insights into peer-to-peer digital cash as a new standard of currency; the book highlights the far-reaching implications for global societies and most notably, Bitcoin’s latent potential to end perpetual war. War is an incredibly expensive, resource-intensive exercise of violence that is more often than not entirely against […]