Appliances - Pwim.Net

Walmart Files Patent Introducing Its Own Digital Currency

Walmart has filed a cryptocurrency patent to develop its own U.S dollar-backed digital currency similar to Facebook’s Libra. The proposed coin’s objective aims to provide finance for those with limited access to banking services similar to Facebook’s intention for introducing Libra. The patent filing number 20190236564 “System and Method for Digital Currency via Blockchain,” was … Continue reading Walmart Files Patent Introducing Its Own Digital Currency

Malaysian Crypto Miners Caught Stealing $59,700 of Electricity from State on Monthly Basis

Malaysian police recently arrested five cryptocurrency mining operators that were caught stealing electricity from a state-owned power firm, Sarawak Energy Berhad (SEB). Officials Crack Down on Cryptocurrency Mining Operations During a joint inspection put together by SEB, Malaysian police and the Electrical Inspectorate Unit (EIU) – a department operating under Sarawak Ministry of Utilities – discovered the illicit activities. The operation had … Continue reading Malaysian Crypto Miners Caught Stealing $59,700 of Electricity from State on Monthly Basis

Can Blockchain Strengthen the Internet of Things (IoT)?

The Internet of Things and Blockchain are two disruptive technologies that we have leveraged for numerous technological innovations across multiple industries and niches. But have you ever thought about the impact that one of these technologies might pose over others? Well, that’s an intriguing question to find an answer to, right! With this blog, I … Continue reading Can Blockchain Strengthen the Internet of Things (IoT)?

Best safe investments for your money in 2021

High liquidity is what you’re after if you choose to invest, but it’s not all that matters. For any individual investor, the safety of their funds is all the most important. Choosing a reliable broker is of high importance if you want to trade and feel your investments are in safe hands. Exness Broker can … Continue reading Best safe investments for your money in 2021

LG Electronics Expands Business in terms of Blockchain Technology & Crypto

As part of its expansion plan beyond home appliances, South Korean tech giant LG Electronics intends to add blockchain, cryptocurrency, and medical devices as new sectors in its corporate charter, according to local news outlet Korea JoongAng Daily. During the company’s Annual General Meeting (AGM) held on March 24, shareholders approved these changes so that … Continue reading LG Electronics Expands Business in terms of Blockchain Technology & Crypto

LG Electronics to Roll Out Crypto Wallet

As a part of plans to expand its business scope to include platforms and software, South Korean tech giant LG Electronics is launching a crypto wallet application dubbed “Wallypto.” Hence, LG Electronics sees the creation of a virtual asset wallet as a stepping stone toward revamping its business portfolio that has traditionally leaned on hardware. … Continue reading LG Electronics to Roll Out Crypto Wallet

LG Launches NFT Platform With Hedera Blockchain

South Korea-based digital manufacturer LG Electronics has launched a new NFT platform in collaboration with Hedera blockchain. The platform, LG Art Lab will allow users to buy, sell and put up digital art or non-fungible tokens (NFTs) on their television sets, the company announced. While Swiss-based Tag Heuer became the first watchmaker in June to announce … Continue reading LG Launches NFT Platform With Hedera Blockchain

Bosch and Fetch.ai to Create Foundation to Fund Development of Web3

A grant program with a budget of one hundred million dollars will be made available as a result of the partnership between Bosch and Fetch.ai. Everyone will be welcome to participate in this endeavor. The initiative will provide financial assistance in order to promote research into the development of decentralized technologies, in addition to Web … Continue reading Bosch and Fetch.ai to Create Foundation to Fund Development of Web3