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Blockchain is a term heard by most of us – thanks to the cryptocurrency, particularly, Bitcoin. However, the general perception about the blockchain is that of a technology related to fintech only. Nonetheless, little do we know that blockchain isn’t applicable only to fintech, but also bears great potential for improvising other niches as well. For instance, the use of blockchain in food industry can significantly help manufacturers in enhancing food safety and quality.
In this article, we take a quick look at how applying blockchain can improvise in food manufacturing and packaging.
Blockchain is distributed immutable ledger that stores data in various ‘blocks’ that cryptographically link together. The chain or the network includes multiple nodes that validate the database since each of them has a copy of complete data. The chain grows when the nodes verify a transaction in the new block. This eventually prevents ‘double-spending’ (with regard to fintech), or, any deliberate change or alteration to the data. If a change is necessary, then it is only possible after altering all other blocks. After verification, the new block gets linked with the growing and seemingly never-ending chain.
Despite being somewhat complex, blockchain technology allows noteworthy accountability. Since the entire data ever written exists on the chain, it becomes quite easy for anyone to trace back any changes.
In simple words, the technology involves numerous computers linked on a network, where each computer plays its role to verify a transaction. This offers transparency of data to every user on the network, and hence, better traceability with improved data security.
Though, blockchain seems quite unrelated to the food industry. However, the thing that makes it most relevant to this niche is its tremendous accountability.
One of the biggest problems the food industries are tackling is food wastage. From the production through the entire supply chain, numerous factors contribute to increasing food waste. Though, the industrialists are employing various means to reduce food waste. Yet, they have not been entirely successful yet owing to poor traceability.
This is where the blockchain can play its role. If the industries begin leveraging blockchain to improve food supply chain traceability, they can eventually identify the areas that cause wastage.
For better understanding, here we list some ways through which applying blockchain in food industry can help improve processes.
Using blockchain in food industries can help prevent food recalls. Using this technology, not only the industries can identify food spoilage spots, but can also detect how an incident happened.
Since blockchain technology keeps a good record of processes with timestamps, one can easily trace back the exact events, from production to packaging, transportation, and delivery, with all related details such as the equipment involved, the vehicle, as well as the drivers’ details.
Likewise, food makers can also create separate blocks for food ingredients as well as for the storage at the warehouse.
Some of the companies employing food blockchain solutions include Nestle, Walmart, and Unilever.
Related: 5 Ways Food Processing Industries Can Reduce Food Waste
Better traceability is the key to prevent frauds and fraudulent activities. The same applies to the food industry as well.
Whether it is about any adulteration, illegal activity, or fraud, blockchain can detect it all. Any food that does not meet the originality criteria will face ejection by the blockchain, even when the product is in the supply chain.
This will not only help the industries in identifying problem areas. Rather, it also saves the firms’ reputation by preventing recalls or minimizing the chances of complaints from the consumers’ end.
The consumers of this era are much more health-conscious than ever before. They have better awareness about the health problems, ethical and moral issues arising from consuming wrong foods. That is why they demand transparency and availability of comprehensive details about the product they consume.
With blockchain, companies get a chance to establish themselves as credible brands among consumers. With the instant availability of precise details, such as ingredients, accurate dates of manufacturing and expiry, GMO/non-GMO labelling, the consumers can make better decisions about the choice of food.
Moreover, it also lets them realise the transparency of the manufacturers, which eventually builds their trust in the brand.
Using blockchain in food industry is an innovative idea that allows streamlining operations with better traceability. Through blockchain, not only the industries can reduce food waste, but can also win consumers’ trust. Though, the key players of the food industry have already adopted this technology for improving processes. Still, the technology awaits full exploitation of its potential. Perhaps, spreading awareness about blockchain among the industrialists can contribute to an increased adaptation of this technology for food safety.
Related: Breakthrough Technologies In Food Processing That We Look Up To In 2020
This article first appeared at: https://samuel-lison.blog/blockchain-in-food-industry-a-quick-look-at-the-innovative-idea/
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So I've traded on the flea market for a while using the clock adjustment trick. I've made quite a bit of money, but not huge amounts. Just enough that I, as a new player, don't really have to worry about being profitable regularly (I've got 18m rubles at the moment, my all time high).
Now that the 60 second Flea Market timer is gone, I don't trade for profit at all anymore except the opportunistic Item I see here and there, but I now just buy out just like anyone else. The flea market timer change is HUGE and a great thing, but probably not for why you think. Let me preface this by stating I do not believe bots are a problem. I've never botted, and I've been able to win a huge percentage of the things I tried to buy out. Had there even been one or two well programmed bots, I as a puny human would have had absolutely no chance. The reason you don't see any crazy deals now isn't because bots buy them all up, it's because people now price their items correctly because the 60 second timer would artificially lower prices. But then it only benefited people like me.
Let me explain like this, with my good friend the Corrugated Hose. Corrugated hose sells for between 40k and 45k. Pretty much always (twitch event notwithstanding). If you put a Corrugated hose up for 40k it will sell within 10 minutes 100% of the time. I know this, and I know the listing fee for corrugates hose is only about 2k so I'd typically buy it at 35k or less because it's an easy flip. The problem with the 60 second timer is that people don't realize that the 40k instant sell price is there. You could list at 40k and it will instant sell, you can list for 35k, or 30k, or 20k and every one of those price points will be an instant sell. If someone lists for 35k and you're researching to sell your hose, you might list for 32k to undercut that guy even though he's still on the 60 second timer. The next guy coming along sees your listing for 32k (still on 60 second timer) and lists hist for 28k. This causes these waves in ultra-cheap items on the market that people don't even realize they are drastically underselling their items for. And here's the thing: Myself and others who tweaked clocks will pick up every single one of them because the regular player is 2 seconds behind.
I took this picture here just about a week ago maybe. Every single person selling in that screenshot is cutting themselves out of 50% profit because they don't realize that corrugated hose is actually a 40k instant sell. They're just just trying to undercut eachother. This rule goes for pretty much all high-volume items. Corrugated Hose, Paracord, Graphics Cards, all of them would get these crazy waves every few minutes or so of people just undercutting eachother to their own detriment and resellers just scooping up the easy profit. This flea market change has problems (you should still have the 60 second timer, but hidden from others so you can correct mistakes), but overall it's a great thing because people are now actually getting what their items are worth and not artificially bidding each other down.
Sorry for the long winded post, but if you've made it this far I've got one other bit of trading information that it's shocking so many people don't know: Sell your bitcoins to Therapist! ALL The time I see people selling bitcoins on flea for UNDER what Therapist buys them for. Her price varies, usually 125-135k, but the market tracks this typically. If you're undercutting people to sell your bitcoins, you can probably just sell them to Therapist for more. No joke I've seen people selling 10 or 20 bitcoins for 10k each under Therapists buy-price. I'd nab those up right away since it's a guaranteed profit. No need to even re-up on the flea, just sell them right to her for 10k profit a pop.
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I bought a ticket at last year's event when they were super cheap, I only paid around 450$. Now they are like 1500$.... can't go now so hoping someone can use. It's full event and transferable online super easy.
PayPal, Venmo, Bitcoin accepted.
At the Davos Economic Forum, nothing interesting happened this year. It was a cost-effective event in which there was nothing interesting than the two most popular news.
The first is a speech by US President Donald Trump, in which he expressed his complete enthusiasm for the negative rates of banks in the European Union and Japan. In what it completely coincides with the famous cryptoblogger and ECB chairman Christine Lagarde. “How cool it is to take a loan with a negative rate,” Trump said. “The Fed is doing wrong, which delays with lower interest rates in the United States, thus giving competitors an advantage.” Trump is hard to refuse logic. However, he does not take into account that the US dollar is not a national currency, but a world currency. If tens of trillions of US bonds are sold at a negative rate, then the default of the United States will be a natural consequence of such a policy. And the states will run to withdraw their reserves from the T-Bonds to gold and God forbid to Bitcoin.
Well, the second news, less boring - the Swiss authorities found two Russian spies, one of whom pretended to be a plumber. Both had diplomatic passports. True, they failed to prove their involvement in espionage, but the police found it strange that an ordinary Russian plumber earns so much that he has enough for a three-week vacation in Davos.
Bellingcat, funded from the budget of the British intelligence agency MI-6, has no differences in the factory of completely ridiculous news worthy of attention.
According to the Swiss police, apparently the alleged Russian plumbing spies were trying to find out secret secret information from world financial elites about how to get the world economy out of the crisis. Or guess the moment when, on the sidelines, one of the forum participants talks about the specific dates for the beginning of the end. Apparently, in order to take advantage of the insider, to shorten the American treasures or blue chips.
All this is funny and sad at the same time. It should be recognized that the option to survive the impending financial and economic crisis was not even seriously considered in Davos. Since it does not exist, and all forum participants understand this. Now no one believes in the miraculous overcoming of the recession, everyone is interested in only one thing: when the denouement. But given the experience of past crises, no one will tell you. Everything will be unexpected.
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How can I protect myself from scams when buying Bitcoin from P2P exchanges because afaik that's the only way I can use PayPal.
Is there any guides and such that I can be directed to?
Almost forgot I'm based in the Balkans.
From year to year the changing period is getting more spohisticated. All of exercises does manual and now it has become programmed with the assistance of innovation. In like manner with installment, which used to utilize cash, presently there are additionally installment utilizing digital cash.
Indeed, even now there is likewise gold digital and its called Digital Gold.
What is Digital Gold ?
Digital Gold is a venture that situated in blockchain platform to empowering clients to exchange Gold Digital with Gold Token. Gold Token is a Digital Gold Token situated in Ethereum ERC-20 platform.
Why we should pick Digital Gold than Physical Gold ?
SECURE
Digital Gold is more simple and secure than Physical Gold. You just need have ERC-20 Wallet and you can spare it on your telephone. This is secure in light of the fact that nobody know whether you have gold.
SIMPLE TO GET
Other than being easier to spare Digital Gold in telephone. You can exchange it with telephone as well. There is no compelling reason to go in Gold Store and you simply just need to visit Digital Gold Marketplace with site https://gold.storage/market.
QUICK AND FAST
In the event that you need to exchange Digital Gold or send Digital Gold to Family or Friend. Its doesn't take long time. Just in a couple of moments minutes and the Gold will be moved.
MODEST
1 Gold Token = 1 grams of 99.99% fine Gold. Yet, you mustn't get it min 1 grams. You can purchase with least 0.001 BTC/$10 and 0.01 ETH/$2 (with value BTC and ETH now).
Digital Gold Wallet
Only one out of every odd crypto wallet can store Gold Token in their wallet. You can just spare Gold Token in wallet that help ERC-20. Furthermore, this is rundown of that wallet .
MyEtherWallet: By and large considered as a standout amongst other ETH and token wallets, it offers an extraordinary UI, and encourages token-based exchanges. Savvy agreements are likewise accessible.
MetaMask: This wallet is commonly fit to those that incline toward program augmentations. MetaMask enables clients to store Ether and tokens, yet likewise offers access to decentralized applications.
Guarda: Guarda bolsters various digital forms of money, including ERC-20 tokens. Clients can store, get, send, purchase, trade and stake their coins effortlessly. also, other Hardware Wallet
Ledger Nano S: Ledger Nano S gives a minimized equipment wallet that supports a plenty of digital monetary forms and ERC-20 tokens.
Trezor: Likewise to Ledger, Trezor underpins various digital currencies, and awards clients access to additional security alternatives, including PIN codes, passphrases and the sky is the limit from there.
Digital Gold Marketplace
With Gold Token you can store them instanly in Digital Gold Market here. What's more, you can get it in digital currency trades.
LIVECOIN
Livecoin is a cutting edge, safe Trading Platform for getting to digital currency trade markets with basic interface and low exchanging charges. Our own API is anything but difficult to-utilize, provided with an instructional manual. Livecoin Exchange is a help available to be purchased and acquisition of digital currency for cryptocurrecncy and for fiat cash with huge assortment of exchanging apparatuses; bots exchanging and exchange is additionally accessible and permitted. https://www.livecoin.net/en/exchanging/GOLD_BTC
CRYPTEX EXCHANGE
A programmed administration with which you can undoubtedly and rapidly trade digital forms of money for electronic monetary standards and back without registering.Buying and selling bitcoin and different cryptographic forms of money unbounded and confinements. We work with money in 11 nations, electronic installments and bank cards. https://cryptex.net/exchange/GOLDUSD
Other Exchanges
https://www.catex.io/trading/GOLD/BTC
https://coinsbit.io/trade/GOLD_USD
For more information about Digital Gold, please visit:
Website : https://gold.storage
Whitepaper : https://gold.storage/wp.pdf
BTT ANN: https://bitcointalk.org/index.php?topic=5161544
Telegram : https://t.me/digitalgoldcoin
Twitter : https://twitter.com/gold_erc20
Medium: https://medium.com/@digitalgoldcoin
Reddit: https://www.reddit.com/r/golderc20
Bitcointalk Username: TasiaAdamia
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2474754
#Community
The Genesis Block Conference is a two-day event with the aim of celebrating the birth of Bitcoin and blockchain technology, with a forward-looking perspective on the future of the decentralized movement. Topics under the spotlight include: the road ahead for Bitcoin, scaling crypto adoption, the future of DeFi, lightning, Plasma and more!
The attendees can look forward to a series of speeches, panel discussions, workshops and networking sessions with some of the industry’s biggest players. The Matic team is participating in many of these across the two-day period. More details about Matic’s participation are available in our Twitter string linked below.
If you’re attending the event, come and say hello! We’d love to meet you.
For more info about Genesis Block, please see here: https://genesisblock2020.com/
RT: https://twitter.com/maticnetwork/status/1220926304406523904
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What is digital gold?
This is a physical gold purchase that can be held by money related masters in digital structure through various platforms https://gold.storage/. The sum will be remained careful by the official dealer platform. Clearly GOLD Tokens have certifiable gold with a prudence of 99.99% so no convincing motivation to weight in light of the fact that the gold is taken care of in a tremendous association BullionStar.
Digital Gold is moreover established on the future ethereum which will incite all exchanges the best cryptographic currency market and this is one of the most incredible gainful accomplishments for your future theory exchange. Digital Gold will be one of the fiat fiscal structures that is undefined from unadulterated gold. It is anticipated to get this through enabling customers to purchase incorporation in body gold, through ERC-20 in a general sense subject to the ERC-20 GOLD token.
The inspiration driving digital gold
Not in any manner like obtaining gold from embellishments stores, digital gold is on a very basic level for adventure purposes. You can buy and sell your gathered digital gold rapidly at https://cryptex.net/trade/GOLDUSD. in addition, its official site. https://gold.storage/en/market
Digital Gold empowers GOLD holders to enter and leave positions in not more than seconds, an achievement that is difficult to achieve with physical gold arranged in a guaranteed safe.
By and by you can save catalysts in something that has a reputation for an impressive period of time while staying in control. To achieve high market liquidity, EMAS masters hold critical circumstances as market creators in significant trade all through the world. The system empowers our clients to buy and sell stores of GOLD with guaranteed low spread and no slippage.
GOLD outfits cryptographic cash space with an ideal portal to the gold market and besides gives further liquidity to the gold market by making it available for the rapidly creating digital money market, offering phenomenal impetus for the two markets.
Who truly sells this gold?
Merchants or producers, for instance, DIGITAL GOLD LTD, an association built up in St. Vincent and Grenadines have coordinated with the Bullionstar and ChainSecurity platforms, business and fintech associations to enable this trade. At the point when you buy digital gold from the site, Cryptex.net and Livecoin.net, for the application is as yet being chipped away at and maybe two or three additional weeks will be released soon you can use the application viably to store your gold assets and tokens. You can in like manner sell this collected gold back to the shipper at direct market costs. Until you make an arrangement, the vendor will hold the sum in your name as an administrator. The vender name will be settled on the application.
Perfection
The perfection offered by Gold.Storage has united with the Bullionstar association. It is keen to examine the nuances and FAQ gave at the base of the Gold.Storage site to find a few solutions concerning this certified endeavor. The Digital Gold endeavor has benefitted various customers, the Gold market just as the future development, blockchain. Digital Gold token customers can use the platform to immediately buy GOLD tokens, each coin ascends to one gram of 99.99% FINE gold. Customers can use gold to coordinate budgetary trades without following any frustrated advances.
Protection
Since Gold.Storage holds gold for budgetary authorities, it will make a transition to ensure its prosperity. Gold has exhibited to be an instrument for taking care of wealth and protecting from whole deal growing for a considerable number of years. USD, on the other hand, has no such history.
Since 1900, the USD has lost 98.2% of its getting power, while gold has created 53.9 events all the while keeping its obtaining power the proportionate.
This makes gold a better than average response for shield your speculation assets from development. GOLD tokens are platforms of physical gold and crypto that you can use.
GOLD - ERC20 Stablecoin Backed by GOLD
Highlights of using Digital Gold token
Focal points OFFERED BY DIGITAL GOLD
Have physical gold while staying private. There is no persuading inspiration to uncover your own special data that is required to buy physical gold at bank or vault.
Store a persuading power in asset with an indicated reputation of thousands of years. Gold's groundbreaking entire arrangement buying power steady quality has made it the protected paradise asset of decision and support against market weakness.
Make free exchanges. You can make as a ton of exchanges GOLD as you like to no closure out of pocket. The guideline cost is a little percent charged every day on your alteration that goes towards dealing with physical gold in vault.
No buy or game plan limits. Mechanized Gold is a liquidity provider holding huge positions empowering buy and opportunity of enormous extent of tokens at our site or colleague trades.
Exceptionally fluid. Course of action and buy exchanges are minute. Token holder can quickly buy or sell tokens at our site or partner trades.
Repurchase is ensured. Moved Gold ensures that all tokens that you assurance will be repurchased by us at gold spot cost.
Digital Gold can be tradable in different Crypto exchanges with high proportion of liquidity against BTC, ETH and distinctive cryptos.
Gold token is ERC-20 great token reliant on ethereum blockchain. Its marketplace empower customers to purchase and sell GOLD token.
Worth information can be seen by the customer at the marketplace. Customers will in like manner find the opportunity to see the current spot cost of gold, sticker price, and recuperation cost in both bitcoin (BTC) and ether(ETH).
Inspiring news that GOLD tokens have entered Livecoin.net Exchange
Digital Gold gathering has started GOLD token posting process on tremendous number of cryptographic cash exchnanges. We are happy to report that GOLD is by and by recorded on LiveCoin https://livecoin.net exchange. GOLD/BTC and GOLD/ETH sets are by and by available for trading.
According to our market consideration and improvement plan, GOLD will be recorded on 4 extra exchanges before October tenth including TOP10 exchange BitForex. Despite posting on the exchanges our gathering will expertly manage liquitity support for most raised unfaltering quality on the market.
These days Bitcoin, Ethereum and most of huge cryptographic types of cash are too much capricious strikingly with stablecoins pegged to physical gold expense, so it's a staggering time to fix the estimation of your assets and shield from high unusualness and loss of critical worth by getting GOLD stablecoin until the accompanying market improvement starts.
As advancement continues moving, the tokenization of physical assets will continue experiencing further allotment in perspective on the diminished risks related with acquiring and owning tokenized assets which are supported by physical assets, their ease of use, the high liquidity of the cryptographic currency markets and its advantage potential.
ROADMAP
CONCLUSION
You could end up being well-off today, by trading on authentic Gold. It feels incredible to understand that the Gold market isn't just opened to elites any more. Anyone would now have the option to guarantee certifiable Gold and moreover capitalize on it's focal points, all appreciation to Digital Gold.
Obtain more information and updates from here :
Website: https://gold.storage/
White Paper: https://gold.storage/wp.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5161544
Twitter: https://twitter.com/gold_erc20
Telegram: https://t.me/digitalgoldcoin
Medium: https://medium.com/@digitalgoldcoin
Reddit: https://www.reddit.com/r/golderc20
Bitcointalk Username: TasiaAdamia
Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=2474754
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