AMD and Ultra Announce Partnership for Blockchain-Fueled Gaming

  • AMD and Ultra have announced a new partnership to develop next-generation blockchain-based gaming.
  • Ultra operates as a gaming distribution platform built on blockchain technology.

Next-generation game distribution platform Ultra has announced a strategic partnership with computer processor developer AMD to deliver blockchain-powered gaming. 

According to a press release shared with CryptoGlobe, the partnership will involve both companies co-marketing activities to promote the Ultra platform and the benefits of “blockchain-based game technologies.”

Nicolas Gilot, CEO of Ultra, said of the partnership, 

We’re excited to have AMD as a partner because of their dedication to gaming and blockchain technology. They saw our value proposition early on and recognized that blockchain is poised to change the face of gaming.

Joerg Roskowetz, head of blockchain technology at AMD said that AMD is “excited” about the use of blockchain for game publishing and plans to work with Ultra to develop “next-generation, community-centric” delivery.

Ultra, which operates as a gaming distribution platform built using blockchain technology, claims to have more than 140 developers and publishers signed up for their closed beta. 

Featured Image Credit: Photo via Pixabay.com

Cannabis Shops Turn to Crypto Apps Amidst Coronavirus Cash Shortages

Michael LaVere
  • Cannabis shops in Boulder, Colorado are using bitcoin payment app Strike to conduct "contactless" exchanges.
  • Cash shortages and lack of sanitation are causing businesses to find alternative means for transaction. 

Cannabis shops are using bitcoin payment services to conduct business in place of fiat amidst the coronavirus pandemic. 

According to a report by CoinDesk, cannabis dispensaries in Boulder, Colorado have been onboarded to the closed beta for Strike, a bitcoin payment service application founded by lighting network supporter Zap. 

Zap, founded by Jack Mallers, has been operating a closed beta for the payment application Strike which allows users the option of sending bitcoin or dollars and receiving funds in their bank account. The application uses a simple QR code interface, similar to Venmo, that allows users to send funds without having prior knowledge or expertise with bitcoin. 

Mallers said, 

Every Strike user is given a public domain at strike.me. We’re using Lightning for really fast online settlement of value transfers. … It’s also beneficial for privacy on the sender’s side.

Johnny Kurish, general manager at Boulder’s Helping Hands Herbals cannabis shop, said the application allowed his dispensary to process $1,000 worth of purchases since being added to the beta last week. 

Kurish said the dispensary will switch to only accepting Strike payments, which allow for contactless exchanges in light of the coronavirus pandemic. 

He said, 

We’re really lucky to have curbside drop-offs. We check the ID through the roll-up window, deliver the cannabis to a podium in front of the car. We’re happy to reopen with an option that’s safe for our staff.

Featured Image Credit: Photo via Pixabay.com