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).
Abrar Al-Heeti, Tech Reporter at CNET, explains what will happen if and when the TikTok app is banned in the United States. Plus, who may buy it? Watch!
Chris Lafakis, Director at Moody's Analytics, discusses how home insurance may change as a result of the devastation in California brought on by the LA fires.
Brian Rosen, Founder and CEO of InvestBev, discusses what the Surgeon General’s new Advisory on Alcohol and Cancer Risk means for the adult beverage business.
Damage from the Los Angeles inferno is setting records—and it's not over. Plus, rate-cut drama, the battle over Greenland, and Zuckerberg bends the knee.
Watch Duty CEO, John Mills, talks to Cheddar about how the app works, how it helps people in real time and how people can donate to help those affected.
JP Richardson, CEO at Exodus, discusses bringing Exodus public, his thoughts on the future of crypto markets, and tips to take the first steps into the space.
Jonathan Alter, journalist and author, discusses Trump's threats to take back the Panama Canal, unraveling foreign policy work done by Jimmy Carter in 1978.
