LG Expands Blockchain Ambitions With Food Ledger and Crypto Trademark

LG Corporation, the South Korean electronics conglomerate, may be expanding its blockchain initiatives.

On July 2, the firm filed a trademark application on that describes an electronic wallet that may contain capabilities for cryptocurrency. Additionally, LG CNS, the firm’s IT subsidiary, announced that it will add food distribution services to it’s Monachain distributed ledger, according to ZDnet. While a registration doesn’t define a company’s strategy it is an interesting insight in the electronics giant’s future plans.

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