updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131Cardano ($ADA) developer Input Output Global (IOG) is set to launch a product authentication system powered by the Cardano blockchain called Atala SCAN, which is set to allow consumers to verify supply chain information and a product’s authenticity.
According to a blog post published by IOG, the solution to battle counterfeiters involved a smart seal that knows when it has been tampered with. Atala, the post says, adds “an encrypted, auditable link between the seal and the full manufacturing history of the specific bottle to which the seal is attached.”
Through the solution, users can check the history of a product using a free phone app, the post adds. The Atala SCAN is built on top of the Cardano blockchain and uses “touch-chip” technology via a Near-Field Communication (NFC) system.
The smart seal itself “consumes no power and silently waits for a signal from a reader.” The NFC chip within the seal has two antennas, the post details, one of which is designed to break if tampered with. This means that if a product’s smart seal is tampered with, it will transmit a modified signal as evidence.
The blog post adds that with Atala every item is “associated with a unique entry on Cardano,” and that “entry cannot be altered, but can be read easily, and can be used as part of an auditing system.” Juan Ignacio Sierra, Atala SCAN’s project manager, was quoted saying:
Atala SCAN has been in gestation for some time and it’s exciting now that we can start to bring the proposition to market. We’re in discussions with a number of potential clients. We will have more to share soon!
The product’s launch is coming at a time in which retail interest in Cardano is “rapidly increasing” as in the last 30 days addresses holding for less than 30 days – defined as traders on the blockchain – have increased their holdings by 186%.
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The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.
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These include dogecoin payments, a price reduction, and authentication checkmarks.
Musk tweeted on Saturday to say that anyone who signs up for Twitter Blue should pay less than the current $2.99 a month. He also said they should get an authentication checkmark.
He said: “Price should probably be ~$2/month, but paid 12 months up front & account doesn’t get checkmark for 60 days (watch for credit card chargebacks) & suspended with no refund if used for scam/spam.”
There also shouldn’t be any ads, he added: “The power of corporations to dictate policy is greatly enhanced if Twitter depends on advertising money to survive.”
When Twitter’s CEO Parag Agrawal announced the Tesla chief as a board member it signaled his status as an active investor after Musk acquired a 9.2% stake in Twitter between January and April, spending $2.64 billion on the social media giant’s stock.
The business mogul suggested that the subscription cost should be “proportionate to affordability & in local currency.”
In June 2021, the social-media platform launched its monthly subscription Twitter Blue, which offers “exclusive access to premium features.” It is available in the US, Canada, Australia, and New Zealand.
Twitter did not immediately respond to Insider’s request for comment made outside of normal working hours.
The company announced in September last year that users from the US and El Salvador were able to tip fellow tweeters using bitcoin.
Musk has hinted that he would make “significant improvements” to the platform after joining the board. Meanwhile, some employees said they would be subject to an HR investigation if they tweeted like Musk.