#MetaNews 17

in metahash •  6 years ago  (edited)

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A new article is waiting for you! #MetaNews 17 is here!

Blockchain Food Tracking Network was launched by IBM
The story:

IBM Launches Blockchain Food Tracking Network, Joined by Retail Giant Carrefour

Details:
After 1,5 year of testing, Food Tracing Network, based on Blockchain, was launched. The official announcement was published on 8th of October.
The first step in the development of this network was made in 2016. This project was designed to connect the different sides of the food industry. It would help to track millions of individual food products.
This project was tested with many big food companies, like Nestle SA, Driscoll’s Inc., Unilever NV and a few others.

Why it is important:
Nowadays it’s very important to know what you eat. And how to know more about it? This network would help to avoid scammers and fake products. The market will become better and safer with it.

First Crypto Asset Management License was given in Switzerland

The story:
Crypto investment fund gets first cryptocurrency asset management license from FINMA.

Details:
Crypto Fund, registered in the Zug, Switzerland, get many permits. For example, now this company can offer a wide spectrum of investments instrument. Also, the license allows consulting investors. It gives to crypto the same freedom, as to the traditional assets.
It leads Switzerland forward in the top of crypto-friendly countries.

Why it is important:
This license open to cryptocurrency more opportunities for developing. When digital coins will become the same national currency everyone would be able to use it everywhere they want.

Malta’s Prime Minister support cryptocurrency

The story:
“Inevitable Part of Digital Future”, — Malta’s Prime Minister Joseph Muscat said about cryptocurrency.

Details:
On the 73rd Session of the General Assembly of the United Nation, Joseph Muscat said in his speech that he “passionately believes blockchain makes cryptocurrencies the inevitable future of money”. Also, he adds, that Malta was in the “legal vacuum”, but now we can call it like “blockchain island”. Based on his words, he believes in the future of blockchain and cryptocurrency.
Malta has a strong reputation in the crypto sphere and we can be sure, that the government will continue their work here.

Why it is important:
Support from the countries is very important for new spheres. The development of blockchain may slow down without it. Also, it gives a chance for citizens to work with the cryptocurrency in the established legal field.

What do you think about this news? Please, leave your comments!

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