AMC accepts Dogecoin as a means of payment

The film chain AMC Theaters has started to allow Dogecoin as a means of payment, reported Gadgets 360.

Transactions will be facilitated through BitPay, a Bitcoin payment service provider, and consumers can now use Dogecoin to purchase gift cards with a limit of $ 200, according to the report.

The report cited the affordability of Dogecoin as the reason for the move. And since gift cards can be used in other stores too, Dogecoin is now being offered in more locations.

The news comes after AMC ran a poll on Twitter as to whether Dogecoin should be accepted as a form of payment, and the reaction was for it.

In other news, Bitcoin whales or units holding a lot of Bitcoin have apparently accumulated more with no signs of sell-off or dumping, Crypto New Media reported, citing researcher Santiment.

According to the report, whales hit a new record as of July 2019, amassing thousands of Bitcoin. This has likely had an impact on the market and could be one of the reasons for the price jump, with coin trading trading at $ 50,600.

Whales have been in the Bitcoin market since its inception, the report said.

Meanwhile, the public blockchain platform Cardano has stepped into artificial intelligence (AI) as part of a partnership with Awakening Health, reported Crypto News Media.

Awakening Health was created through a partnership between Hanson Robotics and SingularityNET, the report says.

The AI ​​will be called Grace and will be fluent in English, Cantonese, and Korean. According to the report, it will help older people with their needs.

Cardano’s blockchain was selected for this project so that Grace could meet HIPAA guidelines. Ben Goertzel, CEO of SingularityNET, said in the report that Grace will help reduce the workload for frontline workers during the pandemic, and will be able to cater to the deleterious effects of company patients in quarantine Decrease isolation.



Above: Despite the great interest in these services, 47 percent of US consumers shy away from pure digital banks for data protection reasons. In Digital Banking: The Brewing Battle For Where We Will Bank, PYMNTS surveyed over 2,200 consumers to find out how digital-only banks can ensure privacy and security while providing convenient services to meet this unmet demand.

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