Showing posts with label food industry. Show all posts
Showing posts with label food industry. Show all posts

November 07, 2017

New French Restaurant in New York City accepts Bitcoin, Ditches Visa/MasterCard

By Rebecca Campbell - November 07, 2017 (www.cryptocoinsnews.com)


A new French restaurant in New York City is taking things one step further to give diners a unique experience: it’s letting them pay in bitcoin.

La Sirène, which opened on Friday, is located on Upper West Side, and proclaims to be an authentic French bistro. This is the second La Sirène restaurant in New York. The first is located downtown in Lower Manhattan.

According to the West Side Rag blog, though, while the restaurant accepts bitcoin, cash, cheque, and American Express, it doesn’t take Visa or Mastercard.

Reacting to the blog post, one person wrote:

"They take bitcoin, but not Visa? Who are they hoping to market to? Makes no sense".

Another wrote:

"Bitcoin but no “regular” credit cards (Visa, MasterCard)? Guess they only want to attract the Amex crowd (biz travelers, business people?) … and millennials with bitcoin. And who writes checks anymore?"

As the crypto market continues to gain prominence restaurants are realizing the benefits of accepting the digital currency for payments.

Last August, a New Hampshire restaurant was reported as accepting the digital currency for everything on its menu. Called Street, and located in the west end of Portsmouth, it features a global menu while providing a casual atmosphere for hungry diners.

Shortly after that, Free Keene, a pro-decentralization and pro-bitcoin organization in New Hampshire, revealed that a food truck in Keene, New Hampshire, was accepting bitcoin. Featuring a bitcoin sign on the truck, Bon Vivant – Gourmet Street Food, is believed to be the first food truck in the U.S. to accept the digital currency.

However, it’s not just the food industry that is accepting the cryptocurrency.

In November, Italy’s biggest taxi firm, Cooperative RadioTaxi 3570, announced that it was accepting the digital currency as payment from its customers. In July, Japanese electronics retailer Bic Camera enabled the acceptance of bitcoin to customers across all its stores, becoming the first major Japanese retailer to do so. Whereas, tenants at a London residency can now pay their deposits in the cryptocurrency.

With the digital currency now worth over $5,000 it’s likely that more companies will begin accepting it as a form of payment.

Featured image from Shutterstock.

November 04, 2017

Tracking the origins of Thanksgiving Turkey on the Blockchain

By Rebecca Campbell - November 05, 2017 (www.cryptocoinsnews.com)


American agricultural conglomerate Cargill is testing the blockchain to track and trace the origin of turkey products produced by family farms.

Cargill’s Honeysuckle White brand is to employ the technology to enable consumers to know exactly where their turkey’s are coming from. At select markets, consumers can enter or text an on-package code at HoneysuckleWhite.com, according to Meat Poultry. Consumers can then view the farm’s location by state and county, read up on the farm’s story, see photos and read a message from the farmer.

With consumer confidence in food low, Cargill is keen to improve on this through the blockchain, giving buyers the option of seeing how their food is produced and where it comes from.

In a statement, Deborah Socha, Honeysuckle White brand manager, said:

Honeysuckle White brand is the first and only major turkey brand to pilot a blockchain-based solution for traceable turkey.

This isn’t the first time that the distributed ledger has been used to track and trace a foods origin.

Last October, Walmart partnered with IBM to put pork on the blockchain, a nation which has experienced a number of food scandals in the past. Other notable efforts to track the origin of food include an Arkansas livestock farmers cooperative that is employing the technology to trace its meat through the supply chain, a Taiwanese e-commerce platform using the Ethereum blockchain for food safety, and the Japanese government, which is utilizing a NEM-based blockchain to track wild game meat.

These are just a few instances, but highlight the growing importance of the blockchain and its use within the food industry. With more consumers keen to know where the food they are eating is coming from the distributed ledger provides the ideal answer.

Featured image from Shutterstock.