IKEA Iceland has taken part in a commercial transaction on ethereum, using smart contracts and licensed e-money to settle an order. IKEA partnered with Tradeshift and Monerium to carry out the transaction. Monerium and Tradeshift suggested the “world’s first” transaction shows that “government-regulated, programmable e-money is ready for mainstream markets.”
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A convicted felon just fleeced ICO investors… and it could happen again
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