– SEC says ETH is not a security
– Ripple CEO claims Bitcoin is controlled by China
– The Wall Street Journal named 5 promising blockchain projects
– Microsoft and Adents develop blockchain for pharmaceutical products
– Walmart patented a network for electricity distribution based on cryptocurrency
The SEC will not take any steps in regulating Ethereum. On the contrary, the regulatory body highly praised its decentralisation and organisational structure.
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Brad Garlinghouse, Ripple’s CEO, claims Bitcoin is controlled by China, adding that only four miners are in charge of over 50% of the cryptocurrency.
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The Wall Street Journal named 5 promising blockchain projects: Blockstream, R3 Consortium, Digital Asset Holdings LLC, Brave Software Inc and Abra-Plutus Financial Inc. They made it to the list of 25 tech companies to pay attention to in 2018.
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Microsoft and Adents have developed Adents NovaTrack blockchain platform to oversee the supply chain of all pharmaceutical products.
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Walmart, a retail giant, has patented a network for electricity distribution based on cryptocurrency. Every device consuming electricity in the building can be given some coins that will be used to buy energy from energy suppliers during a particular billing cycle