Resorts World, Gemini authorizes use of crypto wallet
According to a press release, Resorts World Las Vegas and the Gemini cryptocurrency exchange are now working together to “explore future opportunities” for casino customers to pay for items using the cryptocurrency. With this partnership, Resorts World is looking to become more crypto friendly.
The companies “will continue to build and implement crypto-friendly services at the best institutional rates across all areas of the integrated resort experience,” with final details to be revealed in the coming weeks, the statement said.
“As the premier resort on the Strip in more than a decade, Resorts World Las Vegas is committed to integrating innovative technologies throughout the resort to enhance guests’ overall travel,” said the President of Resorts World Las Vegas Scott Sibella in the version. “By partnering with Gemini, a leader in the cryptocurrency exchange, we are taking another step towards delivering scalable customer experience solutions for Las Vegas traveler.”
Meanwhile, digital asset marketplace Bakkt Holdings, which is behind the Bakkt app, has partnered with Cantaloupe, a digital payments and software company, according to a press release.
Cantaloupe provides end-to-end technology solutions for the unattended retail market to provide a cashless experience for customers to spend digital assets on unattended retail devices, the release said.
The partnership will give the consumer more flexibility to pay for cryptocurrency products in addition to cash and debit and credit cards. There will also be loyalty points supported, the statement said.
The global vending machine market is expected to reach $ 25 billion by 2027, the release said.
Finally, Nokia has rolled out a blockchain-based marketplace called Nokia Data Marketplace for more secure data exchange, including between multiple parties, according to a press release from the company.
With soaring data volumes, the release notes, artificial intelligence (AI) and machine learning (ML) are increasingly needed for business decision-making. Nokia’s new Nokia Data Marketplace will help enable digital transformation and data monetization for businesses.
“The new service also allows businesses and [cloud solution providers (CSPs)] become data market providers themselves, by monetizing data exchanges between customers or participants in the business ecosystem, ”the statement said.
The technology will benefit a wide range of industries such as’ electric vehicle charging, environmental data monetization, supply chain automation and preventative maintenance powering many vertical segments including transportation, ports, energy, smart cities and health, ”according to the statement.