Global Happenings
in coming years, there is a company called “LIFEWTR” that are looking into changing the containers made of 100% rPET, while their Aquafina and Bubly sparkling water brands will soon be sold in aluminum cans in US food service outlets. The last piece of the puzzle is with the other major player PepsiCo is making its packaging recyclable, compostable, or biodegradable and use twenty five percent recycled plastic content in all its plastic packaging. UTIX appreciates any and all efforts by large corporations to reduce its global footprint. In today's world to change to a more cleaner options that may cost more money in operations but is better for the
Blockchain
Is seems JP Morgan has plans on piloting its own blockchain based product “JPM Coin” by the years end according to a Bloomberg report. The coin will only be available to selected clients if they get the proper regulatory approval. According to Umar Furooq has seen increased interest in the sector with potential benefits for the clients and the company. They plan on the structure of the coin to be a stable coin so that the volatility of the coin can be minimized. Furoog firmly believes that since 2017 the industry has changed because of the influence of institutional investors. The blockchain sector believes that most if not companies will succumb to the tech within the next 5 to 20 years.
Ticket Talk
Ticketmaster strikes again with a lawsuit based off of a 2018 data breach of its users. The lawsuit was brought on by attorney Hayes Connor out of Liverpool representing 650 users that were affected from the breach. More than half of the clients have fallen victim to fraudulent activity that were caused from the data breach. Psychological trauma has also affected around 30 percent of the individuals in the suit. Criminals will go as far as setting up bank accounts and taking out large loans in with the users information. Ticketmaster must figure out this security issue and blockchian will fix all of this.
