EVEN BIGGER THAN LIBRA: Walmart Coin Coming as Demand for Tokenization Explodes!

If you thought that Facebook’s Libra Coin will be big – and it will be a game changer, don’t misunderstand me – get ready for Walmart’s rollout of their proprietary digital asset and blockchain, which the mainstream media has barely noticed but smart investors are taking this very seriously.

There’s no stopping it, as Walmart has already filed for a patent for a blockchain-based stablecoin that will be pegged to the U.S. dollar.

I’ve talked about how the Libra Project will potentially introduce cryptocurrency to 2.4 billion Facebook, Instagram, and WhatsApp users, and that still holds true. And we can still point to Facebook as a textbook example of how every major company will want to have their own proprietary currency in the near future.

Walmart might even be a more perfect example of this, though, as Walmart has been a recognized and trusted name around the world for much longer than Facebook. A half-century of history as a retail giant, 11,200 stores in 27 countries and e-commerce websites in 10 countries… Facebook’s big, yes, but Walmart’s a monster.

Courtesy: Bitcoin.com

Just think of the reach that a Walmart Coin could have: 265 million customers visit Walmart stores, and more than 2.2 million people work there. And because of the convenience factor (and also because so many people are, unfortunately, unbanked or underbanked), millions of people cash their checks at Walmart locations around the world.

Could this be the catalyst that kills credit cards and puts everybody on the blockchain? It’s too early to tell at this point, but one thing’s for sure: I’m investing heavily in this before it becomes a mainstream phenomenon.

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This is a company that specializes in developing digital assets and blockchains for large, established companies; as Facebook and Walmart take the lead, other corporations will follow suit and they’ll need a company like ICOx to build out the necessary infrastructure and to help them stay compliant with government regulations.

ICOx has already proven themselves as a premier blockchain developer with well-known brands like KODAKOne, BitRail, Cathio, and GunBroker.com.

And believe me, they’ve got the perfect team to make it happen: among ICOx’s board members are a former U.S. Cabinet Secretary and former Vice-Chair of JPMorgan Chase, as well as a former Director at the United States Mint. These are power players, and companies will need their experience and expertise because they won’t be able to build entire blockchains on their own.

It’s also encouraging to see ICOx making rapid progress with its current partners. For instance, ICOx partner BitRail has signed on FreedomCoin as a customer, and they will be serving an extensive community of 4.7 million registered users potentially transacting over $650 million annually. This could position FreedomCoin to become one of the most retail-transacted cryptocurrencies in the U.S. over the next 12 months.

Just when you thought it couldn’t get any bigger than Libra, along comes the Walmart patent that could change the financial system as we know it – and ICOx is right here, making the crypto revolution into a reality and creating extraordinary value for businesses, customers, and shareholders, all beneficiaries of this unique blockchain innovator.

Best Regards,

Tom Beck
Research Partner, PortfolioWealthGlobal.com

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Disclaimer ICOx Innovations Inc. (the “Company”) for Forward-Looking Statements

This article contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the author believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this article include statements regarding: the potential success of Walmart’s cryptocurrency coin; the likelihood of Facebook’s Libra Coin becoming a game changer; the likelihood of Libra Project introducing cryptocurrency to 2.4 billion Facebook, Instagram and Whatsapp users; the likelihood of every major company developing their own proprietary currency in the near future; the potential uses of a Walmart currency; the likelihood that a Walmart Coin would reach 265 million customers who visit Walmart each week; the impact of a Walmart Coin on credit cards and the blockchain industry; the likelihood of other companies following Facebook and Walmart in the development of their own cryptocurrencies; the likelihood that companies will require a company such as the Company to develop their cryptocurrencies; the disruptive effects of Walmart and Facebook on the payments industry; the likelihood of companies needing the experience and expertise of the Company’s board members; the inability of companies to build blockchain technology on their own; the likelihood of BitRail and Freedom-Coin serving a community of 4.7 million registered users and potentially transacting over $650 million annually; the likelihood of Freedom-Coin becoming one of the most retail-transacted cryptocurrencies in the U.S. over the next 12 months; and the likelihood of the Companymaking the crypto revolution into a reality and creating extraordinary value for businesses, customers, and shareholders, all beneficiaries of this unique blockchain innovator. The forward-looking statements reflect the author’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements. Although the author believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include: changes in growth and size of cryptocurrency and blockchain technology market; attitude of corporations toward cryptocurrency and blockchain; the development and adoption rate of Walmart’s and Facebook’s cryptocurrencies; the continued growth and success of KODAKOne, BitRail, Cathio and GunBroker.com; the extent to which blockchain technology will be internationally implemented; potential changes for retail transactions involving cryptocurrency; changes in market conditions and other factors beyond the control of the Company.

 

Legal Notice:

This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. Portfolio Wealth Global has been compensated two hundred and fifty thousand dollars for a three months marketing agreement, directly by ICOx Innovations. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.

Please read our full disclaimer at PortfolioWealthGlobal.com/disclaimer

 

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