Bitcoin Weekly 2016 March 10: Chronicled raises $3.4 million …

A great deal of attention is being laid upon blockchain technology this year and numerous companies are beginning take advantage of possible advancements. Vintage sneaker company Chronicled raised $3.4 million in seed funding to use blockchain technology to secure product authenticity.

As for Bitcoin employees can more easily get their wages in bitcoin from Bitwage (with the release of the company’s API) and BitAccess now allows customers to buy bitcoins via over 6,000 merchants in Canada.

All of this attention on blockchain technology has led industry leaders to look to private and proprietary blockchains (such as R3CEV, LLC and the Hyperledger project). However, many in the Bitcoin industry see the turn towards private blockchains as fraught with problems and eschewing one of the things that makes a blockchain function.

Finally, the gaming community received an interesting new entry with Huntercoin, a 2D massively multiplayer online (MMO) game that uses a cryptocurrency (HunterCoin) as its currency.


Converse All Star Chuck Taylors — sneakers, not quite vintage, but certainly a brand that could be counterfeit. Chronicled’s platform works by installing a smart tag in the shoes, which is burned-in with a blockchain ID and interacts with a mobile phone. If

Read more ... source: TheBitcoinNews

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