Quote from: avikz on August 12, 2018, 05:15:45 PM

Quote from: Mycrypto1222 on August 08, 2018, 02:37:19 PM

Hey guys, have you heared about this news? If not i recommend read this article: https://blockchainmuffin.com/general-electric-invest-in-blockchain-technology

The more prominent and reliable link is below,

https://www.ccn.com/126-year-old-general-electric-ge-invests-in-blockchain-cybersecurity-startup/

Quote from: Tapsee11 on August 12, 2018, 04:27:11 PM

Adoption of crypto by big companies is good for future. Hope others will also follow. Cheesy

Check the above link and understand the adoption idea. They are not adopting cryptos in any way, they are adopting blockchain technology in the areas of cyber security and one of the subsidiaries of GE is adopting blockchain in Freight transport sector. I don't see any mention of cryptos here. It is adoption of technology for better operating efficiency and transparency for the corporation.

Yeah there's a big difference between blockchain and crypto. Blockchain is simply the technology that crypto uses to make transactions. Just because a company uses it doesn't mean that it has any relevance to bitcoin. In fact, blockchain has many more applications than just transferring money around. It was just made famous through bitcoin, so famous in fact that some people use it as a nickname for bitcoin when it really isn't the same. It's like saying that a BMW is a "motor".