Are Amazon and Apple Testing Blockchain Technology?
Apple, Starbucks, and Amazon could be the next companies to get into blockchain.
That’s according to Jeff Tennery, CEO at online hiring platform Moonlighting, which is getting ready for its own initial coin offering. He says that the tech giants’ large marketplaces make it easier to experiment with the technology.
“If Apple Pay is as important to Apple as they’ve said it is, why wouldn’t they do some sort of cryptocurrency?” he said. “The rules are better established for bigger companies.”
Moonlighting’s ICO is coming in early 2018 on the Ethereum platform, the second-biggest digital currency. With a market cap of about $72 billion dollars, it lags only Bitcoin, which stands at over $300 billion.
Bitcoin may be the more recognizable name, but some industry insiders express concerns that it doesn’t have the same capabilities as the alternatives.
“Bitcoin really wasn’t designed or architected to support third-party currency, and Ether really supports that,” he said. “That’s why it’s growing so quickly.”
For the full interview [click here](https://cheddar.com/videos/mining-for-moonbit).
Truist's Mike Skordeles unpacks earnings trends, market correction, labor force dynamics, and what a possible December rate cut could mean for all of us.
Holiday shopping heats up as big-box earnings reveal how Walmart, Target & Home Depot are navigating consumer pressure, strategy shifts and trends shaping 2025.
The Campbell’s Co. said Tuesday it has placed one of its executives on leave while it investigates claims that he made racist comments and mocked the company’s products and customers in an audio recording.
Elon Musk’s X unveiled a feature that lets users see where an account is based. Online sleuths and experts quickly found that many popular accounts, often posting in support of the U.S. MAGA movement with thousands or hundreds of thousands of followers, are based outside the U.S. This raises concerns about foreign influence in U.S. politics.
The Enhanced Games is going public in two ways — with a new listing on the Nadsaq stock exchange and also by offering a direct-to-consumer business focused on performance products.
Real estate software company RealPage has agreed to stop sharing nonpublic information between landlords as part of a settlement with the Department of Justice.
Thanksgiving travel is set to smash records as millions fly, drive, and ride despite FAA disruptions and economic uncertainty. Here’s what you need to know.
