Rakuten Taps Chinese Blockchain Firm for $60 Billion Authenticity Market

Rakuten Taps Chinese Blockchain Firm for $60 Billion Authenticity Market 1  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN: In 2008, at least 54,000 Chinese babies suffered after ingesting formula that had been contaminated. Demand for safe products has grown year over year, every year, since then. Companies like blockchain-centric Techrock have capitalized on this market by finding unique solutions to the authenticity problem. Techrock uses the blockchain to track every step of a product’s lifecycle and rewards consumers for verifying it through their mobile phones. Chinese Consumers Increasingly Willing to Pay a Premium for Authentic Imported Food In China, it is reportedly difficult to get authentic…

7 Reasons Bitcoin Price Will Smash Record Highs in 2020: Tom Lee

7 Reasons Bitcoin Price Will Smash Record Highs in 2020: Tom Lee 2  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

By CCN.com: Bitcoin permabull and Fundstrat Global co-founder, Tom Lee says the worst is over for bitcoin. In an interview with CNBC, Lee said the bitcoin price will likely see a new all-time high in 2020, eclipsing the previous $20,000 mark. Lee is famous for inflated bitcoin price predictions, but he backed up the latest forecast with seven key indicators. 1. The bitcoin halving is coming Every four years, the bitcoin block reward is cut in half to maintain the strict 21 million supply. It gives bitcoin an artificial scarcity…

Bitcoin News Summary – April 29, 2019

Bitcoin News Summary - April 29, 2019 4  PASSIVE INCOME IDEAS BITCOIN AND BLOCKCHAIN

Here’s what happened this week in Bitcoin in 99 seconds. Crypto payments processor, Moon, announced a new Chrome browser extension which will allow Amazon purchases via Bitcoin’s Lightning Network. Coinbase account holders will also be able to pay via Bitcoin’s base layer, Ethereum, Litecoin, and Bitcoin Cash. A survey of South Koreans revealed that 7.4% of the country’s population owns some form of crypto. South Koreans own an average of over $6,000 worth of crypto, which is a 64% annual increase. People in their 50s hold the largest crypto balances.…