Sometime around May 11, 2018, unnamed sources told Cheddar.com that Facebook is exploring the creation of it's own cryptocurrency, and needs to make acquisitions in the blockchain and cryptocurrency space in order to develop its this virtual currency.
The social media giant began its examination of blockchain technology to see how it could also be used to help Facebook verify the identity of accounts and encrypt data.
David Marcus, VP in charge of the Messenger app, will lead a team of less than a dozen Facebook employees working on blockchain. No ICO is planned. Their digital currency could take 2 years to develop.
Market Watch reports former Facebook executive and Green Bay native, Chris Murphy recently put his "Packer House" up for sale. “Murphy, a crypto enthusiast, wants to use the funds to back bitcoin initiatives,” said Natalia Karayaneva, chief executive of Propy.
Fans with $1 million in cryptocurrency will literally be able to walk to games at Lambeau Field from their new digs.
Now off-market according to Zillow, this 3 bedroom is the first U.S. property to be sold on the blockchain, global property marketplace Propy said. The 1,000-square-foot property was listed for $1 million in cryptocurrency, but real estate website Zillow estimated its...
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The possibilities of blockchain are growing daily. It seems as-fast-as humans can fathom one new use, another joins the party.
Blockchain was originally designed for Bitcoin to be an incorruptible digital ledger, programmed to record financial transactions. As recently as 2015, The World Bank estimated that in the US alone, people transferred $430 billion.
With blockchain technology, middlemen are being cut out of the picture while security is significantly increased. Finance was one of the first use cases of blockchain technology but that is rapidly changing.
Today there are hundreds of cryptocurrency coins available and just as many uses, w...