Australia’s biggest banks have ruled out any notion of barring customers from buying cryptocurrencies like bitcoin. In marked contrast to a handful of US-based Wall Street banks and one major UK banking group, Australia’s traditional ‘big four’ banks won’t be withholding their customers from buying cryptocurrencies using their banks’ services, including credit cards, Australia’s ABC news reports. While Australia and New Zealand Banking Group (ANZ) rejects dealing with businesses operating as ‘issuers, dealers or exchanges’ of cryptocurrency due to their unregulated nature, the bank has no qualms about its customers buying cryptocurrencies with their money.
With Shping, it’s our goal to help consumers make safer, more informed decisions about the products they buy. Now they can also access information about any product just by scanning a barcode, to discover exactly what it’s made of, where each ingredient is from, whether it is certified and for some products, if it’s authentic.
Token : SHPING
Price : 1 SHPING = 0.01 USD
Platform : Ethereum
Accepting : BTC, ETH, ETC, LTC, DASH, ZEC, Fiat
Country : Australia
Whitelist/KYC : KYC & Whitelist
According to an announcement from the organisation the transparency of the distributed ledger will prevent consumers from purchasing tuna from illegal, unreported, and unregulated fishing in the Pacific Islands. Additionally, it will help to eradicate human rights abuses. This is just another example of how the blockchain is being widely applied to different industries and not just the financial sector.
As part of the innovative initiative, WWF-Australia, WWF-Fiji, and WWF-New Zealand have teamed up with global tech innovator ConsenSys, information and communications technology implementer TraSeable, and tuna fishing and processing company Sea Quest Fiji Ltd. to deliver the project.