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A Russian start-up company, INS, now wants to create a platform, using blockchain technology, to revolutionize the everyday purchases like buying groceries or visits to the supermarket. More specifically, it aims to replace supermarkets altogether and make itself the only intermediary between the local manufacturer and the final buyer.
The platform aims at putting an end to the control held by wholesalers and retailers on the pricing of their products by removing them completely from the distribution chain.
The launch of their project is not planned until the end of 2018 and so far, the Russian start-up has not yet made comment as to which blockchain they will be using.
Because of its slower paced transactions, Ethereum technology will likely not be the winner. However, it seems that the INS group is in full negotiations with another company that can set up a more responsive system.
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Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.
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Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.
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Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting allthe data fromseveral exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current priceand the price24 hours ago.
Trade
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