[ad_2][ad_1] Ripple's relationship with its native token offering, "XRP", has been the subject of much controversy since the start of the currency. While the Ripple Foundation claims that it is completely independent of XRP, the fact that the foundation still owns 2/3 of the total token is a fact that …
Read More »Ripple Exec states that XRP is equivalent to oil: "We only have a lot"
[ad_2][ad_1] Ripple Labs Chief Marketing Strategist, Cory Johnson, recently took a bold marketing approach when he compared XRP to oil, comparing his company with Chevron. As from Johnson's tweet October 4th: "Ripple's relationship with XRP is like Chevron's relationship with oil, we have a lot of it, we believe it's …
Read More »Oil giants and major banks collaborate on Ethereum Blockchain commodity trading platform
[ad_1] 19 September 2018 11:58 PM Raw materials traders, including Shell and Mercuria, are working with a number of international banks to create a blockchain-based commercial finance platform that they hope will become the standard for the raw materials trade industry. Based in Geneva, komgo SA is a development of …
Read More »Blockchain can solve palm oil problems
[ad_2][ad_1] As the consumer's desire for palm oil continues to grow, manufacturers and industry shakers look to the blockchain to solve problems related to production, accountability and sustainability. The growing demand for palm oil in the last decade has pushed many new eyes towards industry. Palm oil production has become …
Read More »Blockchain is fast becoming a standard for computer security in the oil industry
[ad_2][ad_1] By DUNCAN GREATWOOD, CEO, Xage Security on 9/4/2018 PALO ALTO – While cyber security threats to the oil and gas industry have grown exponentially, various strategies have been deployed to safeguard companies' computers and control systems. A new technology in particular, blockchain, has emerged as a highly innovative and …
Read More »No one is using or selling the alleged cryptocurrency backed by Venezuela's oil
[ad_2][ad_1] The cryptocurrency supported by oil in Venezuela is not used and the government has done nothing to draw on oil reserves as promised, a report of Reuters found last week. Petro can not be found on any major bitcoin exchange, including Coinbase or Bitfinex, and is not accepted by …
Read More »Venezuelan oil cryptocurrency is giving Blockchain a bad name
[ad_2][ad_1] by Victor Tangermann 24 August 2018 Sci-Fi Visions 4182 Venezuelans are faced with a terrible choice: Continue shopping using the almost useless country local currency, the bolivar. Go to the black market and buy US dollars. Escape from the country. It happened that way because the country's leader, Nicolás …
Read More »Oil higher, but on the track for weekly losses on supply problems
[ad_1] Oil futures increased at the start of Friday, but remained on track for weekly losses after data at the start of this week marked an unexpected leap in US crude inventories and a stronger dollar stressed concerns about the growth in demand. and remained supporters on Friday as the …
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