Walmart Joined Mediledger / UBS Blockchain Settlements / Dentist Accepts BTC / EOS Leads Transactions

Inside Bitcoin presented by Vettery.

Presented by Subscribe | View in browser $BTC (3:48 p.m. EST): $8,572.43 (-1.38%) // 90-day high: $9,008.31 // 90-day low: $3,863.56 / / More… $ETH (3:48 p.m. EST): $261.79 (-2.40%) // 90-day high: $287.20 // 90-day low: $159.70 // More…       1. Walmart joined Mediledger, a blockchain consortium created to track the origin of pharmaceuticals. Walmart will use the technology to digitize, track and verify prescription drugs. Mediledger relies on an enterprise version of Ethereum that uses a consensus mechanism called proof of authority. Mediledger was created by Chronicled, a San Francisco based blockchain company that raised $16 million from investors in January. Congress mandated the FDA to deliver an interoperable, digitized system for tracking prescription drugs and pharmaceuticals by 2023. In early June, Mediledger and the FDA will launch a pilot to try and reach that goal. -COIN DESK       2. UBS and a group of financial firms are launching a cross-border settlement product built on blockchain technology. The service dubbed Utility Settlement Coin will transfer financial information essential to trade settlements via peer-to-peer transactions between the banks. The service will speed up transactions and help to cut costs by removing middleman brokers. Banks that include Barclays, Nasdaq, Credit Suisse Group, Banco Santander, ING, and Lloyds Banking Group and have invested a combined $60 million into the new venture. -WALL STREET JOURNAL       A MESSAGE FROM AIRBNB Earn money by sharing your space. Millions of travelers stayed in an Airbnb last year. Turn your extra space into extra money. 3. From The Forums: Redditor @Austinwolfman posted a picture that showed his dentist was willing to accept Bitcoin for payment and would give a 20% discount on all services to those that paid with the coin. Deurstopper responded to the post by asking, " What about Dentacoin?," which was a real thing. Biba8163 then stated, "4 out of 5 dentists recommend you pay with Dentacoin. This must be the straggler that accepts Bitcoin." 😂 Dentacoin is famously known for going from a $20 million market cap in December 2017 to a $2 billion market one month later in January 2018. Dentacoin did not have much if any, public adoption among dentists at the time.       4. Block.One CTO Dam Larimer said the EOS blockchain constitutes for more than 60% of entire blockchain transactions.  Larimer also claimed that EOS holds over 48% of daily active blockchain users. This announcement came on the heels of EOS launching a social network on its network and partnering with Coinbase for Coinbase Earn. Coinbase Earn allows users to earn cryptocurrency for taking part in educational lessons about a certain cryptocurrency or protocol. -AMB CRYPTO       A MESSAGE FROM VETTERY Hiring moves fast—stay ahead of the game with Vettery's 2019 Tech Salary Report As a tech leader, you're used to a day-to-day in flux. You're focused on the big picture—roadmapping, goals, and maintaining your vibrant company culture—time is money, as they say. So let us streamline things. Want the tools to help you achieve your goals and hire talent? Vettery has you covered. 5. Facebook is in the early stages of a conversation with the CFTC regarding the launch of their cryptocurrency, Global Coin. -MASHABLE 6. USAA and State Farm will use a blockchain solution to settle payments between the two insurance companies. -CRYPTO NEWS NETWORK 7. Peer-to-peer trading platform LocalEthereum removed fees for users to buy and send Ethereum. -AMB CRYPTO 8. Tron CEO Justin Sun won an eBay Charity Auction to have lunch with Warren Buffet for $4.57 million. -COIN TELEGRAPH 9. Only 1.3% of Bitcoin transactions in 2019 thus far were used for payments. -CRYPTO NEWS NETWORK 10. A hack ongoing since February infected over 50,000 servers with crypto mining malware. -COIN DESK       Written and curated by Darren Webb. He created Currencylists and has worked in marketing roles for a multitude of cryptocurrency and blockchain projects since 2014. Based in NYC, Darren loves to read and continue to learn about cryptocurrency and emerging technology in his spare time. You can find him on Twitter @Dwebbny. Editing team: Kim Lyons (Pittsburgh-based journalist and managing editor at Inside), David Stegon (senior editor at Inside, whose reporting experience includes cryptocurrency and technology), and Bobby Cherry (senior editor at Inside, who's always on social media).

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