The popular sportswear brand Nike has been allowed with the right to patent their
blockchain perfect shoes, which theyve called CryptoKicks as reported by the U.S Patent Office on December 10th.
The sneakers are said to be appended to a framework that utilizations blockchain to join advanced resources for genuine shoes. The thought behind these imaginative new tennis shoes is that it will enable Nike to follow the proprietorship and authenticity of the shoes utilizing the blockchain innovation.
Source: TheCoinRepublicBlockchain are really hype this year many big companies and big country told us they want to make blockchain adaption, will cryptocurrency stands still next year ? due many people are creating their own blockchain and start leaving cryptocurrency. We hope this brings good impacts for bitcoin in the future.
I think there are positive and negative sides to the many products and companies that adopt blockchain technology in their programs. What I worry about is that with many products and companies that apply blockchain, this will become a boomerang for bitcoin and altcoins, how can it not be like the well-known Nike brands around the world launching coins designed by themselves where they already have communities and fans that are countless . Surely this will crush the original crypto and later there will be more ideas and breakthroughs they make and will have an adverse effect on crypto which is anonymous, in this case what is highlighted is the tax problem. What will happen if crypto / altcoins are subject to ownership tax? this is not good, and if that happens I think this will trigger the birth of bitcoin in physical form and altcoin as well.