geofencing News

Global geofencing market predicted to reach $50 billion by 2026. This could benefit web3 firms who may better incentivize consumers even more

Decentralized exchange Pancakeswap has plans to block users and Internet Protocol (IP) addresses originating out of Iran. Reports suggest that the Binance Smart Chain DEX will stop Iranian users from accessing its platforms from early March 2022. Binance Smart Chain…

U.S.-based automobiles firm Ford announced that it would use distributed ledger technology (DLT) and geofencing to keep track of “green miles” driven by its newly-launched energy-efficient vehicles, October 15, 2019, Tracking “Green Miles” Via Blockchain In a press release issued…

Once again, American customers are being denied access to some cryptocurrencies. Following a blog post on June 7, 2019, Bittrex announced that it would transition over 30 coins to its European affiliate, Bittrex International, an exclusive trading platform for non-U.S.…