Walmart to Use Blockchain for Retail Product Resales

Blockchain based system will allow Walmart customers to resale purchased goods, when they won't need them anymore
22 May 2018   582

Walmart filed a patent application for the market for the resale of goods on the blockchain. This is reported by Coindesk.

The application describes a service that will record the purchase of customers in the registry on the blockchain, which will subsequently allow them to resell the purchased goods, using the available records, on the retailer's site.

Compilers of the application note that the client does not always intend to use the acquired item throughout its life cycle and often has to rely on its own resources for subsequent resale, and the described invention "will provide additional support and greatly simplify the process of reselling goods." As a mechanism for accessing the service on the blockchain, trading terminals, mobile devices and a web interface are offered.

Walmart draws attention to the growing competition from "non-traditional shopping mechanisms", which explains the need for retailers with a presence in the real world, to follow the development of technology and to improve the level of customer service.

Giant Mining Solar Powered Farm to Created in California

Plouton Mining will allocate solar panels on 49 acres and it's planned they should generate about 10-13 megawatts per day, working for an average of 12 hours
26 June 2019   54

Plouton Mining, a subsidiary of Plouton Group Holding, intends to open the largest Bitcoin farm in North America for mining, whose operations will be provided by solar energy. To this end, the firm chose a territory in the western part of the Mojave Desert, California.

Plouton Mining will place solar panels on 49 acres: they should generate about 10-13 megawatts per day, working for an average of 12 hours. The company stressed that Western Mojave receives sunlight for 70% of the year.

The company will also sign the necessary contracts with local electricity suppliers in order to operate the farm in the absence of solar radiation.

Meanwhile, the bitcoin hashrate has again updated the historical maximum at 66.666 EX / s.