Gen X Investors Overtake Millennials in Crypto Adoption: Wirex & Stellar Report

Nearly 75% of consumers view digital assets and stablecoins as an alternative to traditional money transfer services. High fees, slower transaction times, and hectic cross-border transfers are some of the reasons leading consumers to digital asset payment systems, joint research from Wirex and Stellar Development Foundation (SDF) states.

The research report titled ‘The Future of Money: Cryptocurrency Adoption in 2021‘surveyed 3,834 respondents from the two companies’ database in the past three weeks. Over 81% of the respondents hailed from Europe and 17% from the Asia Pacific region, 83% of them aged above 35 years.

The research focuses on the adoption rates of crypto across different genders, age groups, and regions and how digital currencies solve problems in the real world.

Older People are Rapidly Accepting Cryptocurrencies

The older generations are gradually accepting cryptocurrencies as a global payment system in cross border transfers, the report states. The appetite for crypto solutions in traditional payment systems is clearly there across all ages. Surprisingly, 30.2% of the respondents aged 45-54 stated they have used (are using) crypto, the largest group in the study.

Furthermore, older women are more likely to use crypto and blockchain-powered payment systems, the report shows. Slightly above a quarter (26.1%) of women respondents aged 55-64 years invested in cryptocurrency, while only 14.3% of men in the same age bracket invested in crypto.

Cryptocurrency is a Global Payment System

According to the research, the younger generation is rapidly moving towards digital assets seamlessly to transact across borders. With nearly 57% of respondents aged 18-24 years having sent money internationally, there is still room for growth as the “digitally-conscious” generation look for seamless ways to transact value across the globe.


International transfer fees remain the major issue that is pushing respondents to crypto. Despite the respondents adjusting, most complained about the international transfer fees were still too high. Over 40% of the respondents believe that paying 1% fees is still too high, with the number understandably increasing as the fees increased.

Consumers are open to switching to alternative transfer channels so long as the costs and fees drop significantly, the report states. This is a problem that crypto could solve. The authors of the report wrote that 74% of the respondents agree to digital assets as the solution to slow and expensive traditional money transfer systems.

Over 83% of the respondents stated they owned at least one cryptocurrency or stablecoin, with Europeans leading the way at 84.5% while 74.7% of the APAC region respondents owning digital assets. Fewer female respondents hold digital assets than male respondents (70.3% vs. 85.6%), with 65.7% of women who hold digital assets aged over 45 years.

A Haven for Users?

Despite the positive sentiments derived from the report and 86.1% of the respondents claiming that they “feel safe” with crypto payments, the authors still believe there’s more to be done in the industry. Unsurprisingly, younger generations feel most safe using crypto (90.6%) while older generations, those at 65+ years, feel less safe (80.7%) due to digital payments’ tech-savvy nature.

However, the survey showed some shortcomings as it focuses on the customers of Wirex and Stellar, who already have interacted with cryptocurrencies. The authors concluded that crypto converts’ views will definitely differ from those who are yet to use blockchain technology or cryptocurrencies in global money payment systems.

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Author: Lujan Odera

Quench Your Thirst in Australia, New Zealand by Paying with BTC at Coca-Cola Vending Machines

dentCoca-Cola consumers in Australia and New Zealand can now acquire their soft drinks with cryptocurrency through specific vending machines. A report by The Australian Financial Review recently highlighted that a deal between Asia-Pacific Coca-Cola distributor, Amatil, and Centrapay would see over 1200 point-of-sales accept Bitcoin and ERC-20 tokens.

Centrapay, crypto payments focused startup, is set to scale Amatil’s revenue potential as the world moves to digital payments in efforts to contain COVID-19. Notably, the firm’s website shows that its customers include popular brands like Jack Daniels, KFC, and Adidas. Jerome Faury, the CEO of Centrapay, has since noted that their goal is to increase the adoption of Web 3.0 by enhancing user experience and reducing integration complexity. Faury said,

“We have solved both these issues. Centrapay is pioneering the way to enable this new internet of value and bring its benefits to both consumers and merchants.

And it comes with the added benefit of reducing physical contact and addressing the hygiene concerns we’ve all become acutely aware of due to COVID-19.”

Making Crypto Payments for Coca-Cola

According to the underlying design, crypto payments to Amatil vending machines will be facilitated by QR codes. Ideally, a simple scan of one’s QR code payment sticker should initiate the transaction process. This functionality is backed by a digital storage dubbed ‘Sylo Smart Wallet,’ which ought to be installed prior. It acts as a decentralized link between messaging services and the digital wallet.

Growth Prospects

Following this milestone, Faury noted that Centrapay is looking to further expand its horizon into North America with a focus on the U.S market. According to the CEO, the success in Australia and New Zealand set a good precedent for Centrapay to roll out its products in global markets.

Amatil, on the other hand, also stands to benefit from its partnership with Centrapay. A spokesman from the firm has said that it already uses QR codes with Alipay and WeChat. It, therefore, makes it easier to scale its range of acceptable payment methods with digital assets:

“We want to ensure customers can transact with us in their preferred currency, so accepting digital assets is the next step for us as digital assets become more popular.”

This is not Coca-Cola’s first brush with blockchain tech or cryptocurrencies. In November 2019 they made the announcement they were using SAP’s blockchain tech to become more efficient. They partnered with Blockchain Trust Accelerator back in early 2018 to fight forced labor.

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Author: Edwin Munyui

Bloom Partners with Top Credit Agency, Transunion to Put Consumer Credit Data on Blockchain

Bloom, a blockchain startup aims to use decentralization to create a blockchain-based identity for consumers, giving users complete control over the flow of their information.

Bloom has partnered with US-based credit reporting agency TransUnion to launch its second mobile application. Bloom hopes that this initiative provides a tiny step towards educating the larger population on the importance of data security.

The first Bloom app notified users if their data was leaked anywhere on the internet. Bloom’s data monitoring tool scans the internet including the dark web to ensure that the consumer data has not been breached. If the application detects any such breach it notifies the consumer along with several steps on how to contain the leak of the information.

The second Bloom mobile application offers a robust credit monitoring service for consumers while ensuring high security for their personal data. The app is currently only available in the United States where a consumer would be able to monitor their credit scores, current loans, credit cards, and monthly payments.

Dao Boyle, senior vice president of Business Development at TransUnion Consumer Interactive commented on the new partnership with Bloom, expressing excitement about working with the blockchain firm to ensure enhanced data protection for consumers.

“A critical part of TransUnion’s mission is to empower consumers to better understand and manage their data and shape their financial lives,” Boyle said in a press release.

“This partnership supports that mission, and we look forward to continuing working with Bloom to deliver innovative and impactful solutions to consumers.”

Data is the Oil of 21st Century

Data is the new oil of the 21st century, but a majority of the population does not understand its importance. This is why they don’t bother to check or read terms and conditions before installing any app or service on their devices. A majority of which takes user’s permission to use their data whichever way they want without the consumer actually knowing what they have signed up for.

The issue is not just with these service providers, however. But with the centralization of data management which often leads to breaches in their security and theft of sensitive and personal information.

Blockchain and decentralization have emerged as a solution for ensuring the security of consumer data when big private firms are misusing it on the pretext of offering a few of their services for free.

The best example of a data breach and misuse which lead to manipulating user behavior was the infamous Cambridge Analytica episode involving Facebook.

Facebook’s user profile data was misused by Cambridge Analytica, a political PR agency, to create targetted region-based advertisements to influence the user’s vote.

Bloom’s Long Term Initiative

Bloom’s first version of the app, where it monitored the breach of consumer’s data, was not a big success as it failed to convey the importance of data protection to consumers and why they need a blockchain-based identity.

Bloom’s identity system works on top of the Ethereum blockchain and the firm generates its monetary income by partnering with various financial institutions as well as government agencies.

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Author: Rebecca Asseh

Coinbase Commerce Crosses $200,000,000 In Crypto Payments Since Launch

Covid-19 hasn’t kept consumers from using bitcoin (BTC) as a means of payments for goods and services according to a merchant transaction report from Coinbase Commerce.

A Coinbase Commerce report shows that on 3-26-2020, clients made bitcoin transactions that helped the company surpass a goal of $200 million in transactions since it launched the payments portal. The results come from an enormous network of eight thousand retailers that accept cryptocurrencies together with other methods of payment.

BTC Preferred Over Other Cryptocurrencies

The news is great for those who encourage the adoption of Bitcoin (BTC) and cryptocurrency altogether. The COVID-19 crisis doesn’t seem to have affected the way people use digital money. However, the situation is not the same for merchant crypto payments, as John Zettler, Coinbase Commerce product’s lead, said there hasn’t been too much activity in this area in March.

He added that money comes very often in BTC but didn’t mention the exact usage breakdown of crypto-by-crypto. People seem to prefer BTC more than other digital currencies. Here are his exact words about how customers at Commerce feel about this digital currency:

“Merchant customers often tell us it’s the crypto they’re most familiar with and the one they trust the most.”

USDC Is Also Growing

Coinbase is also witnessing an increase in stablecoin based payments, especially in its own USD coin that’s dollar-pegged, USDC. Zettler mentioned USDC is leading the growth pack and is expected to have a material growth through Q2 and Q3 of 2020. Support for USDC was added by Commerce back in May 2019.

Zettler further said that Coinbase is working to improve Commerce’s features so that merchants’ demands are being met. The service was launched for refunds and with the intention to normalize the crypto e-commerce space. At the moment, crypto is only an insignificant e-commerce method, with a $3.5 trillion sales marketplace in 2019.

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Author: Oana Ularu

Jeff Brown’s Timed Stocks Summit: The Biggest Money-Making Event of the Decade?

Jeff Brown’s Timed Stocks Summit is an online webinar to show consumers how to invest in stocks with the right timing to maximize profits. Potential users can only register on the official website for Bonner & Partners.

What is the Timed Stocks Summit?

The stock market is all about timing, consumers need to invest at certain price levels before the stocks rise in value. Their profits drop as the price drops, which is not an end result that any investor likes to see. According to Bonner & Partners, there are some stocks that are a little more complicated, and one in every 680 stocks has a timer programmed into it and that can signal when the share price will jump drastically, even by 23,200% in a single day, which Jeff Brown calls “timed stocks.”

Brown credits the timer to the federal government, stating that the moment that the timer reaches zero is when these prices spike. The principle that these types of stocks is founded on is already used by almost two dozen of the largest hedge funds in the world, he says, including the Founders Fund by Peter Thiel and Icahn Capital from Carl Icahn.

Timed stocks have already seen $97 billion in investments from venture capitalists, reducing in gains that are 10 times over what they invested. Insiders that know about this timer have managed to bring in profits as high as $4.6 billion, and five of these insiders have already been listed with Forbes as the richest Americans.

Right now, there are few investors that even are aware of the concept of timed stocks. However, Brown plans to release all of this information to anyone that is willing to watch the seminar, exposing the mystery of the stock market. He plans to discuss why these types of stocks have been kept a secret for so long, while showing exactly how to identify one of these stocks.

Currently, there’s a timer on the website associated with the stock that he will share, showing that a timer will reach that last second on February 9th at 4:30am EST. Brown states that consumers will be able to see the proof of this stock’s status by the time of the event. If consumers take advantage of the stock, they could end up making about $128,000 in the next few weeks, which Brown “all but guarantees.”

About Jeff Brown

Jeff Brown is advertised as “America’s #1 angel investor,” according to Bonner & Partners. So far, the so-called “genius” has already invested in a total of 130 private deals, though all but nine of those deals made as much as 4,300%. Having recently wrapped up his post-grad work at Yale, which is now engraving Brown’s name on their wall of founders, has also received degrees from Purdue, Stanford, MIT, and the London Business School.

In his time in the financial industry, Brown has managed to predict the top S&P 500 stock two separate times and has also correctly picked out the top two small-caps of the Russell 1,000. Statistically, there’s not even a one in 500 million chance of this happening, showing how good Brown is with these odds.

In the last few years, Brown has already managed to track a total of 119 timed stocks, and every single one of them started going up when their metaphorical timer ended. At the peak, the gain was 27,245%, which means that a $5,000 investment would’ve turned into $1.3 million.

Will These Timed Stocks Work?

Realistically, there is no guarantee that any investment will work. However, Brown has a wealth of experience in the financial industry that suggests that his advice is both authentic and effective. Brown will explain through the event how these timed stocks have been hidden through the years, and what consumers need to do to find them for their own investments.

Along with the event, consumers increase their likelihood of success with access to a series of exclusive training videos, which are only available to the people that sign up for the summit.

When is the Timed Stocks Summit?

If all of this information is enough to entice consumers to get involved, all that is needed is for the interested parties to input their email address on the official Bonner & Partners website for the event. The summit will take place on January 22nd at 8:00pm EST.

Participation costs nothing, and the only investment consumers have to make initially is their time to attend. Consumers are provided with an incentive beyond the promises of profits to attend the event in the form of a “special gift.” This gift, according to the website, would put $6,003 back in the participant’s pocket, which would be enough to purchase 448 shares of the timed stock that Brown is featuring, or any other stock.

After booking a spot for the summit, consumers will get access to the training videos that they were promised. They will also receive further instructions on what will happen at the summit.


Consumers that want to see major improvements in their financial portfolio stand to gain a lot from listening to what Brown has to say. While the investment will end up costing them money, the actual participation in the event is entirely free. Consumers have nothing to lose by getting involved, but they could miss out on the opportunity of a lifetime without it. Anyone that happens to be free on that Wednesday night coming up may want to consider staying in with their computer to see what Brown has to say.

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Author: Krystle M

IBM To Launch ‘Thank My Farmer’ A Seed-to-Store Blockchain-Based Coffee Tracking App

A new blockchain app from IBM will make it possible for coffee consumers who are interested in sustainability to trace the coffee they’re drinking.

The app is called Thank My Farmer and allows people to learn things about the coffee places from where they have gotten their so loved beverage and the farm where their coffee has been grown. Built in partnership with Farm Connect and using IBM’s blockchain, Thank My Farmer was unveiled in Las Vegas, at the Consumer Electronics Show. It’s supposed to launch this year.

10 Important Organizations in the Coffee Industry Supporting the App

The app is supported by 10 of the most important coffee organizations like The Colombian Coffee Growers Federation (FNC) and Beyers Koffie. It’s also very appreciated because it supports consumers to more informed decisions when it comes to their coffee choices, not to mention it helps with the promotion of coffee suppliers that are using environmentally friendly processing methods.

Not the First Blockchain Initiative for the Coffee Supply

It isn’t the first time that blockchain technology is being used to make things transparent when it comes to the coffee supply chain, as Starbucks has said in May 2019 that it will use the Azure blockchain technology from Microsoft to inform consumers about their coffee, while the government in Ethiopia is exploring how blockchain tech could be used to track the country’s coffee exports.

With IBM’s Thank My Farmer, people will be able to scan QR codes from coffee jars and find out more about where their product is coming from, not to mention they’ll be able to make additional payments to coffee farmers. Founder and president of Farmer Connect, David Behrends explains,

“After scanning a QR-code, consumers are taken straight to a product page that gives details about the coffee they are drinking. Below that description is an interactive map that shows the journey the coffee has taken. We say you can travel the world through a cup of coffee, and we’d like to help consumers visualize that.”

Only Selected Brands in the US and Europe for Now

While the app will be initially available only for some brands in Europe and the USA, IBM is looking to bring in other coffee producers and to create additional support pages for making donations to the communities from areas in which the coffee has been grown.

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Author: Oana Ularu

Will Blockchain Change the Luxury Goods Market?

When one purchases a luxury product from the retailer, consumers may have questions concerning the origins of the product, and whether it is sustainably sourced. Although the specific retailer may not have an answer, there may now be ways for consumers to get the answers they seek in simple way: through blockchain technology. This transformative technology has the potential to change an industry.

One platform is looking to change the market by attributing a digital identity to luxury products, reports the Montreal Times, and which was originally reported by the New York Times. The company, called Arianee, is a Paris-based company that is working to create a serious number for luxury goods that identify the product’s origin and whether it is sustainable.

One question that arises, according to the report, is who is going to benefit from this type of blockchain – consumers or retailers. David Finlay, Fairtrade Foundations responsible mining manager, stated in the report that such a system might provide a company “more visibility, which is a good thing.” He also questioned without that intervention is “the most important thing for a miner.”

Peer Ledger, a Canadian technology started, answered in the affirmative, according to the report. The company has been working in Tanzania on a pilot project with gold miners by using a blockchain system that allows them to trade gold form specific mine pits.

This is not the first time that Arianee efforts in the luxury goods market have been reported on. In April 2019, the Business of Fashion reported that Airanee was working on a digital product certification that would be governed by the brands that joined. The digital product certification could help safeguard the authenticity of luxury goods, which is an ongoing problem in a market flooded with fakes.

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Author: Hank Klinger

New Blockchain Pilot Will Tackle ‘Where is the Beef’ Question by Tracking and Verifying Origins

Wong supermarket has unveiled a pilot project that will enable their consumers to scrutinize and scan the origin of meat products. Wong supermarket is a Peruvian chain that is owned by the giant retail store in Chile, Cencosud.

The app is developed following a great partnership between the subsidiary for Citizens Reserve, SUKU, and Cencosud. SUKU is a supply chain company that is based in Silicon Valley, and the pioneers come from the Lab for Deloitte Blockchain.

This consumer-facing app is going to include Quorum. Quorum is a back-end enterprise-level blockchain for J.P. Morgan.

The new platform is expected to be availed in 20 distinct Wong stores, and it will also put into consideration all meat products that bear the SUKU logo. And just as the K emblem tells the Jewish customers that the product was inspected by a rabbi is the same way any commodity carrying the SUKU logo will imply that it has been tracked from its origin to the shelf.

With Wong’s technology, you can visit the supply blockchain history and have comprehensive coverage of the history of the meat. Jonathan Lapchik, the SUKU CEO, unveiled to CoinDesk that their technology has a huge potential in applications for the consumer goods market globally.

He said,

“You have a large group of consumers that want to buy sustainability, and want to buy transparent products from brands. But they don’t do it today – they don’t trust what the brands are saying. There’s a $1 trillion market sitting there for companies and brands to take if they can speak the same language as those consumers do.”

The animal’s health from where the meat comes from is tracked and stored in the new system, and anyone can have access to that information.

Many customers trusted Wong, according to Lima Chamber of Commerce, but things seemed to change after Chile’s Cencosud in 2007 bought the chain. The introduction of this new system is seen as a way to bring back the initial trust of the consumers.

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Author: Daniel W

Lolli Starts Partnership With Safeway To Drive Bitcoin Adoption Up

Lolli Starts Partnership With Safeway To Drive Bitcoin Adoption Up

You have probably already heard of Lolli. The company helps consumers who use its app by giving a small percentage of the purchases made on the app back in Bitcoin. The company is well-known for its mission of making crypto more accessible this way.

Most consumers are used to names such as Mastercard and Visa, but most of them do not use Bitcoin or other cryptos because they are afraid of what they don’t know. Lolli’s strategy is to give these cashbacks in Satoshi (BTC’s smallest unit) in order to make more people hold BTC and understand how interesting it is.

Today, Lolli revealed an important new partnership: the company is starting to work together with two major grocery chains, Safeway and Albertsons. The CEO of Lolli, Alex Adelman, talked to Yahoo Finance today and affirmed that the new partnership is done and that its goal is to turn BTC into a part of everyone’s daily life.

This is a big deal. While Safeway is responsible for 900 grocery stores in North America, Albertsons has 2,300 of them. At the moment, no more details have been released, but Lolli offers a rebate of 3.5% on the transactions made with the app, so this deal will possibly follow a similar pattern.

Lolli also made a partnership with recently, a considerably big travel company. The service has a total of over 320,000 listed hotels in 19,000 different places.

By using the app on grocery stores during a whole year and then using Lolli for travelling on a vacation, someone can earn a decent amount of BTC, which is certainly going to be handy. The goal is to make the service so irresistible that it would seem crazy not to use it.

Many people believe that the price of Bitcoin will skyrocket soon (it is already up at least 200% this year), so taking any Satoshi is certain profit. Will this be enough for you to use Lolli? That’s up for you to decide, but even with stable prices, saving 3.5% in each purchase is really not a bad deal when you look at how much you saved during the whole year.

With the expansion of its services, Lolli is bound to get a considerably bigger share of the market.

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Author: Gabriel Machado

dClinic ICO (VIC Token) Review: Blockchain Healthcare Vitality Coin


dClinic is the world’s first blockchain-based platform that seeks to a holistic healthcare for consumers worldwide and drive positive healthcare outcomes by utilizing the blockchain technology and combining real-world property assets such as clinics and hospital with a transformative digital healthcare platform.

The platform seeks to address the shortcomings of the present healthcare system, based on extensive market studies and research.

The current healthcare systems use a narrow approach when it comes to patients’ healthcare journey and the possible outcomes. The systems often place the healthcare provider at the center of the patient’s care and often limit the patient’s interaction to just a single provider.

Expanding Patient Interaction

The patient’s data is often restricted to a hospital’s registry or a clinical system such as General Practice system, Electronic Medical Record (EMR), or the Patient Registration System (PAS). Unfortunately, only a few people can access such information points.

This system restricts patients’ data, as other relevant healthcare providers cannot provide any input that may improve the healthcare outcome. Therefore, the current healthcare systems hinder the contributions from other relevant agencies such as wellness and vitality service providers, which could lead to a positive healthcare outcome.

Introducing the Blockchain Technology

dClinic embraces a fresh solution that operates on the blockchain technology to enable collaborative efforts that revolve around the patient. The new system integrates various healthcare providers, families, and friends for contributions that could facilitate recovery.

The technology will provide secure storage, retrieval, updating, and exchange of health information among various relevant health entities. This will create a holistic healthcare approach that expedites patient recovery.

dClinic aims to revolutionize the delivery of healthcare to patients in emerging markets through the provision of positive healthcare outcomes at a reduced cost. To realize this vision, the platform has initiated its own facilities, as well as a technology platform in various geo-locations.

It also collaborates with local expert healthcare providers to deliver healthcare services to everyone.

Some of the partners in the approach include Vitality Life Management (VLM), an Indonesia-based company that will purchase, build, or retrofit some hospitals and clinics in Indonesia, powering them with the blockchain healthcare platform. dClinic also engages other healthcare facilities and hospitals in other countries for the same purpose.

New Partnerships

dClinic has secured some new major partnerships including the government and investors in Singapore, Indonesia, India, and the U.S. Besides, it has started buying properties to establish dClinic Wellness and Vitality centers.

Importantly, the dClinic project has achieved its softcap target and will soon list on at least two mainstream exchanges. The platform will be allocating to airdrop and bounty recipients as soon as it gets listed on the exchanges. The Vitality Coin (VIC) will be listed at USD$0.10/VIC.

The dClinic team has many years of experience in the healthcare sector and it’s clear from their numerous worldwide implementations that the patient should be at the center of the care.

The project will focus on making the Shared Care Plan the main consumer and providing a clinician portal that will be used to access consumers’ clinical and non-clinical data. The platform will considerably assist the healthcare sector by giving the Care Team accurate and real-time information that holistically relates to the patient, thereby driving better healthcare outcomes.

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Author: Bitcoin Exchange Guide News Team