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coins lightning Network countrywide and it appears like Kroger may be taking up the offer an issue with excessive fees the Cincinnati based Kroger that operates 143 food and drug stores across seven states and employs over 20,000 people began that debate with a March 1st 2019 announcement that it was no longer going to accept Visa credit cards as a result of high fees according to Boston 25 News Kroger brands would stop accepting Visa from April 3rd 2019 in some states and will explore other options to cut down on the costs incurred by Visa Kroger CFM like schlattman lamented but the card fees charged by payments tightened were higher at Smith’s than any other credit card brand adding that Visa was due to increase its processing fees in April he explained visa has been misusing its position and charging retailers excessive fees for a long time saw an opportunity it was under those circumstances that Morgan Creek digital founder Anthony pomp Liana saw an opportunity and quickly tweeted back suggesting the crypto alternative grocery store at Kroger is stopping acceptance of EPs visa in over 250 stores because of Network fees who knows someone on the leadership team there the Morgan Creek digital team will fly to meet them and get them hooked up with the Lightning Network nationwide % oi Tom had a pump Leon Oh March 2nd 2019 several hours later Kroger’s production manager tweeted a response showing interest in taking the conversation further he wrote hey pumped I’m a product manager at Kroger digital can you confirm that you’re the correct person to discuss this with I would love to set up the conversation Tom responded saying DM let’s do it Bitcoin lightning to the rescue Smiths is the second Kroger brand to abandon Visa credit cards following a similar decision by california-based Foods Company Supermarket should the deal between pomp Leon oh and the Smiths go through and the implementation of the Lightning Network payment solution is implemented that could lead to broader adoption across all the Kroger brands for their part visa is not about to give up and has promised to work out the problem stating that they have put forward a number of solutions to allow our card holders to continue using their preferred Visa credit cards at foods company in Smith’s without Kroger imposed restrictions and we continue to work toward a resolution the Bitcoin network is steadily making inroads in the crypto community and it has continued to receive support from leading companies and individuals giving advantages of preferred payment processor among those who have received a payment in a transaction chain called the Lightning torch our lincoln and co-founder reid hoffman and the digital team at fidelity investments between a doc we and our research team at the fidelity Center for Applied Technology have received the numberland torch from a twist who should we pass it to thanks for watching the Ohio Bitcoin calm Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin calm nor the author is responsible for any losses or gains has the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon BMW uses the VAT chain public blockchain for daffy verify car in automata V magazine which among other things reports on it trends in the automotive industry a very interesting article was published in the latest issue for all fans of blockchain technology and especially for the community of the cryptocurrency of f chain according to the report which is based on forecasts by Simon cutter and partners the market volume for the blockchain in the auto industry is expected to reach 104 billion euros by 2030 part of this will fall on the category of naps so-called distributed applications not only smart phones and computers collect data but also cars store more and more information and process its further but on the used car market there is a big problem manipulated mileage with the help of the VAT chain public blockchain and adapt verify car from BMW this problem should be solved vehicle owners can use the collaboration of BMW and Vette chain to transfer important information such as mileage or service and repair history verified and validated via the blockchain manipulated mileage should cause an annual damage of 6 billion euros mileage manipulation is an enormous problem according to an attack study every third used vehicle sold in Germany drives with a manipulated speedometer and the annual damage amounts to more than 6 billion euros says Simon Alba head of the BMW Group a tech office in Singapore opposite autumn oddity in the long run this leads to a loss of customer confidence which is to be maintained using blockchain technology the verify card app would record not only the mileage but also all other activities of the vehicle and store it on the back chain public blockchain matching Thor in the future customers of the BMW group should be able to assign an individual QR code for each car this is linked to the respective car and can be scanned to obtain necessary information such as the mileage even though everything has already been technically tested it is not yet clear when the application will be ready for production tell us what you think about BMW using the VAT chain public blockchain for DAP verify car in the comments section below thanks for watching The Ohio Bitcoin calm Bitcoin news channel disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither Ohio Bitcoin nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please click the like and subscribe buttons below it helps us to get more views thanks again see you with more bitcoin headline news and analysis soon Fidelity’s crypto custody service goes less Toomer’s fidelity digital assets has launched crypto currency custody and trade execution services currently it is available now only for selected customers with the customer base expected to expand in the near future fidelity digital assets a new company that offers enterprise quality custody and trade execution services for cryptocurrencies to institutional investors has announced that its platform is live selected customers have got access to cryptocurrency custody and trade execution operations while others may have to wait until September we are live with a select group of eligible clients and will continue rolling out slowly our solutions are focused on the needs of hedge funds family offices pensions endowments other institutional investors more on our project HTTP colon slash slash t KO / EK j – p WJ t – y numbered blockchain fidelity digital assets at digital assets March 7th 2019 fidelity digital assets is a company established by fidelity a multinational financial services corporation based in Boston Massachusetts and the fourth largest asset manager with two point four trillion dollars in assets under management as of December 2017 the giant spends 2.5 billion dollars per year on technologies like artificial intelligence in blockchain fidelity digital asset services was set up in October last year with the aim to provide cryptocurrency storage and trading services to institutional and enterprise clients the company targets institutional investors and works on cryptocurrency solutions for commercial space in January Abigail P Johnson chairman and CEO of fidelity investments revealed the company’s plans to launch Bitcoin custody service with ethereum next and said that the date of launch was set for March the promise has turned out to be true and the service is now live however not all customers are able to use it according to Tom Jessup fidelity digital assets had some customers were using the platform in January when it was in the final testing stage well for other customers it was March others may wait until September Jessup explained it’s really depends on the facts and circumstances of each client it is notable that the service was developed when the crypto market had quite hard times as Tom Jessup the last year collapsed did not have any impact on the launch he said if you started a crypto fund at the height of the market year probably hurting right now moreover Jessup believes that despite the bear market interest in cryptocurrencies from institutional investors continues to grow as they are looking for long term investments but having a desire to add some form of cryptocurrency to their portfolios they do not want to take risk connected with the volatility of Kryptos which at the same time provides trading opportunities according to the research conducted by fidelity about 22 percent of institutions asked already owned cryptocurrency and expect to double their crypto assets over five years Jessup said if anything they are as encouraged now as they were when prices were higher fidelity digital assets will provide a perfect solution for institutional investors who wait and see when it comes to investing in Kryptos earlier fidelity said our conversations with a variety of institutions have served to underscore their clear need for a trusted platform provider in order to engage with did

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