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Clearly Canadian accepts bitcoin

Brand History:

Richmond Hill, Clearly Canadian is a well-known brand in North America. Basically, it is a multi-SKU premium beverage brand, produced by The Clearly Food & Beverage company of Canada. The brand history started in 1987 in British Columbia, Canada. Therefore, it is well known in North America, Scandinavia, and also in different places in Europe and Japan. Clearly Canadian is the 30-year-old company whose production is very famous across the globe. Now, they are going to accept the payments in Bitcoin Canada.

Bitcoin’s Time:

Clearly Canadian knows the evolution of digital technology. At the same time, keeping in view the market trend. The company is going to starts pre-sales to the Bitcoin world. As the Clearly Canadian’s Bitcoin campaign manager Mitch Callahan says, “Just as Clearly Canadian pioneered the new age beverage industry in the ‘80s and ‘90s…bitcoin, in a much more profound way, is poised to change how we all transact business on a global scale and in our daily lives. Clearly Canadian finds that truly exciting and we are proud to be a new emerging member of the bitcoin community.” In addition, manager says, “Online virtual currencies are clearly here to stay – no pun intended”.

Related: Buy Bitcoin  Canada online in few easy steps

The worldwide consuming brand needs high production. Whereas, the company producing exceed in 5 million cases annually. Clearly, Canadian managers said, “We’d like to pre-sell at least 25,000 cases of Clearly Canadian online to the global bitcoin community. personally, I hope we double, triple or even quadruple that goal.  Let’s see what happens. Pricing will be in dollars. Whereas, a transaction in bitcoins through BitPay.The leading Bitcoin merchant processing platform. We have a wish to be a long-term merchant in Bitcoin transaction consumer goods. Hopefully, the new currency’s volatility will remain low facilitating greater adoption”.

In response to Canadian manager’s statement. CEO of BitPay Toni Gallipi stated: “Having a globally recognized consumer brand such as Clearly Canadian Bitcoin join the Bitcoin community is a powerful statement about the increasing popularity and growing base of Bitcoin merchants and users. Many are watching the Bitcoin market closely.we hope that this is the first of many established brands. That see the benefits of adding bitcoins to their payment options. We are happy to have Clearly Canadian on board. Accordingly, wish them very best of success in its campaign”.

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Last Time to Buy Bitcoin as “Unreliable Sources” from China Spook Markets

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A Chinese journalist published a new article saying that China is banning ICOs and exchanges. The news was a Google translated article from a Chinese Journalist who claimed to have spoken to some official. Since there is no confirmation from a government official and no formal statement of any sort has been released, we can say that this news is possibly fake.
As we all know, the last time China banned Bitcoin, they took it back just a few months after.

However, this news might just be doing everyone a favor as this is probably the last time you can buy bitcoin at such levels.

Don’t Forget…

Bitcoin will survive with or without China, they’ve changed their mind before and they can do it again.

 

News Credits: cointelegraph.com

Image Credits: bitcoinist.com

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Intel Blockchain Technology: Can Blockchain Technology Overpower Next Generation Media Rights?

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Intel is a multinational corporation and technology company, which is considered as a giant tech, and the company is finally joining the rising list of initiative firms that perceive blockchain tech as a way to reinterpret digital rights management.

Intel’s Patent 

On 8th March, U.S. Patent and Trademark Office released a patent application. In that patent, a method was described by the Silicon Valley tech company to use blockchain for downloading the rights to digital images. Intel’s patent proceeds to referenced videos and various other types of content, apart from images and offers a more inclusive rights system with further extra characters.

intel blockchain technology

Let’s take an example! Intel’s system allows its users to uphold everything in progress, which includes unstructured bits like; literature with many editors. This would be the only way in which content can be solely altered according to the copyright policy settings.However, Intel is somehow far away from pursuing the idea all alone.

On the other hand, in addition to the exertion of blockchain industry, such as Berklee’s Open Music Initiative companies, including two of the Chinese companies, in order to make headlines for the same ideas in recent weeks are;

  • ZhongAn
  • WENN Digital

Patent’s Statement

In the patent application it is stated as;

“Blockchain technology is used to document and verify attributes of digital content that are relevant to copyright protection. Such attributes may include, for instance, an identifier for the author of the content, a timestamp to indicate when the content was created, and a measurement that can subsequently be used to detect copying or modification of the content.”

As it is already defined, multiple types of software are being used by this proposed platform to evaluate copyright policy settings automatically for every image, it doesn’t matter if the picture has been taken from external sources. After that, a unique identity is formed for both the original content and altered versions (if there are any). The patent has labelled these two identities as shadow-images.

The company also filed a patent, back in 2016, for blockchain-powered software in order to benefit research DNA, genetic sequencing, particularly. The patent is updated as well which makes Intel to go on a hunt to secure its intellectual conceptions, which are related to the industry.

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Who will be the ‘Amazon Of Sharing Economy’?

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Each day companies are becoming more and more dependent upon blockchain technology applications. Now it is in the news that a company is going to build its own system to get rid of separate portions of the sharing economy scattered here and there. This will obviously be a blockchain based system activated with the help of a single app that will provide the users access to any sort of rent, borrow or share assets available within the network.

blockchain based system

That company is known by the name of ShareRing. It claims that the current market is no more convenient for consumers as it was in the past. The reason behind this inconvenience is that though there are numerous companies available in the online market but most of them are specialized in one particular service for instance office space or transportation etc. due to that reason the user has to go through the laborious task of registering multiple accounts. Even after that there is no guarantee of satisfaction as the things you want to buy or borrow would be available near your locality as these kind of business parties only operate in heavily localized areas. That is where ShareRing has decided to utilize its blockchain based systems to facilitate its users as well as the small business parties.

The Goal behind This Sharing Innovation

ShareRing has an aim of becoming the “Amazon of the sharing economy”. It will provide an ease of access to its users to lease a large number of assets through a single smartphone app. All these users would be interconnected with each other as well as nearby individuals who have items to share. The beauty of this system is that the rental companies would also be able to develop their own “mini” app. This app will provide them the facility to reach a much greater numbers of targeted customers within the share ring. For this purpose ShareRing is already considering deals with big brands, progress of these deals will probably be shared on its website.

Some of the areas in which the ShareRing technology may prove to be useful are:

  • Renting cars, trucks and trailers
  • Co-housing
  • Car sharing
  • Booking delivery drivers
  • Sharing gardens
  • Swapping books
  • Social dining etc

How will the App Work?

The ShareRing’s system will have full support of an integrated smart app which will use geolocation to show users which services are available near them, thus it will also be participating in growing the ecosystem. The company is quiet optimistic about its progress and hopes that soon there would be available one million assets ready to share around the world.

 

ShareRing’s token sharing event going to be launched in May, in the meantime the company is planning to run token hunts and several other campaigns to raise awareness of the project.

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Bitcoin Market Cap Will Hit Trillions Over The Next Couple Of Years – Winklevoss Twins

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Tyler and Cameron Winklevoss, otherwise called the Winklevoss twins, expect the market valuation of bitcoin to surpass trillions of dollars in the upcoming years.

Main Story:

In an interview, Cameron Winklevoss clarified that the properties of bitcoin enable it to work as a premier store of significant worth that is in orders of magnitude greater than gold in various aspects, including divisibility, transportability, and monetary supply.

 

“We’ve generally felt that bitcoin, given its properties, is gold 2.0 — it upsets gold. Gold is scarce, bitcoin is really settled. Bitcoin is much more versatile and way more separable,” said Winklevoss.

 

He included that if bitcoin can keep on disrupting the $6 trillion gold market in the long haul, it will have the capacity to hit a trillion dollars in a moderately brief timeframe, given that the market valuation of bitcoin currently stays near $300 billion.

 

“Long-term, directionally, it is a multi-trillion-dollar resource — I don’t know how long will it take to get there,” said Winklevoss.

 

Bitcoin is quickly changing the global finance industry as a decentralized store of significant worth. If bitcoin market can maintain its development rate over the next couple of years, it will enter into the gold and offshore business industries. The joint market cap of gold and offshore business industry is up to almost $40 trillion.

 

Winklevoss noticed that fiat and different cryptographic forms of money are not the rivals of bitcoin. Instead, other safe haven resources and store of values, for example, gold are the genuine rivals of the digital currency. He explained:

 

“For the vast majority, it isn’t just the source of not paying taxes. It’s the target of getting the privilege to security and looking for financial secrecy,” said Marcovici.

 

Structurally and reasonably, bitcoin is an altogether better framework to store cash for people and institutional investors than offshore bank accounts, primarily because the legislatures can in any case crackdown on offshore ledgers. In 2016, the US government fined Swiss banks $1.3 billion, including more than 43,000 offshore ledgers holding $48 billion.

 

As a decentralized and distributed store of significant worth, governments can’t in any way, shape or form crackdown on bitcoin holders and records. Consequently, it furnishes speculators with security and budgetary privacy, which seaward ledgers were intended to give.

 

If bitcoin can represent even 10 percent of the worldwide offshore business industry, bitcoin’s market can surpass $3.2 trillion. In light of the settled supply of 21 million, a $3.2 trillion market cap esteems bitcoin at $152.380.

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The Hidden Dangers of Bitcoin

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Hidden dangers of bitcoin

Leashing its way threatening the legacy powers, bitcoin has become a genuine innovation in the world of decentralized encrypted currency. Without the doubt carrying a number of untold valuable services, it has widely passed a conflict of biblical financial and economic proportions. With its revolutionary outburst on the internet and the disruptive potential at its first attempt, alongside other chains, bitcoin holds a chain of hidden dangers too. There is a widespread political power and economical threats bitcoin is adapted to. A lot of crypto user face bitcoin hidden dangers.

In order to purchase items, this digital currency can be traded from business to business or from person to person. Being owned by ‘nobody’, this sets it unlike from other financial institution, ‘brick and mortar’. Challenging the sovereignty of entrenched financial interests, bitcoin is bringing a number of conflicts.

Deflation

Bitcoin has come up with a lot of hidden cons. Establishing the third-party trust mechanism, this system is ready to obsolete central banks in a severe case. Challenging the monopoly of the banking world may result in a higher risk of opportunity than ever before. This Armageddon will trigger more conflicts and struggles in a result Deflation will be the utmost backlash of it.

But how is deflation a bitcoin hidden dangers? Reduction in the prices of daily items and purchases, reduced petrol prices is a ‘wowza’ for private citizens. Deflation may sound very promising and attractive to our ears but it will stop the cash flow to a great extent. Reduced prices mean reduction in the wages which eventually means the reduction in the collection of taxes. Getting a hold of the lesser amount of tax collectibles will definitely disturb the government and financial institutes. Keeping cash in hand, private citizens will be able to challenge the government on so many levels. This can create quite an alarming situation in itself. Though it is a no major harm to the private citizen, it is an alarming situation questioning the hold of the government and its entities.

Supply and demand – Manipulate?

Due to its disruptive behavior, bitcoin can create a great deal of financial physical aggregation. This nature and outburst may cause financial bodies to lose control in managing the economy. There is no abstract nature attached to the bitcoin, making it market free. It has left it under no power or under no influence. This will result in central banking and government to lose its command and authority to manipulate supply and demand. It will power out the generation of money and control the interest rates. On average bitcoin challenges about 3.4 trillion dollars of the U.S based trusted services every year. Yes, we are talking about the trillions here. So how big do you think is the financial sector? Very big, right!

In other words, there is an unholy alliance invisible to majority citizens amongst the central banking and government. The political system and central banking depend on various levels on each other, supporting each other’s blacks and grays. Decentralization will make them lose their monopoly and hold over the system to benefit their causes too.

War- Expensive Hobby

A great perceived advantage to be accounted for is that bitcoin is anonymous. But is it really an advantage? It is concerned that it may be used for terrorism and crime. The world, if at war today would require a greater deal of fiat currency to fund military and to fight enemies. But what if the enemy is funded by the same mean? The globalization of the bitcoin will eliminate

  • bank freezes,
  • encrypted transactions
  • foreign transaction fees
  • the abundance of open resources
  • confirmed transactions

Government and central institutions and financial institutions need to make a lot of effort and strategy to keep the technology and its cons at bay. As the significant interests and welfares are increasing so are they economic threats regarding the mechanism.

Totalitarianism

A system that runs through the power and controls the resource distribution can hardly be in line with a decentralized system.

  • Democratic dictatorship
  • Socialism
  • Communism
  • Fascism
  • Welfare states

They are all under a great deal of threat by this abstract ‘bug-a-boo’ – Bitcoin.

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