Blockchain tea

Long Island Iced Tea, a maker of non-alcoholic ready-to-drink iced tea, said Thursday it will rebrand its business to focus on the "exploration of and investment in opportunities that leverage the benefits of blockchain technology. However, the company will continue to operate its beverage business and focus on selling a premium better-for-you beverage at an affordable price. Long Island Iced Tea believes emerging blockchain technologies are creating a fundamental shift across the global marketplace with far applications across all industries, including the beverage sector. Management is in the early stages of evaluating opportunities and potential partnerships but offers "no assurance that a definitive agreement" with one or any entity will be reached.

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Content:

• blockchain
• Blockchain for Tea
• Tea, juice, and vape companies add ‘blockchain’ to their names to profit on bitcoin mania
• SEC delists failed cryptocurrency company Long Blockchain
• Long Island Iced Tea changing name to Long Blockchain
• 'Long Island Iced Tea' Changes Name to 'Long Blockchain,' Stock Soars

WATCH RELATED VIDEO: The TEA Project ☕ Combines the Best of Blockchain and Cloud Computing

blockchain

Long Island Iced Corp. Long Island Ice Tea Corp. Blockchain is a digital ledger system, which by design is resistant to modification of the data. It is the technology that underpins popular cryptocurrencies, including Bitcoin and Ethereum.

Bitcoin has rallied 1, per cent this year. Long Blockchain, a non-alcoholic beverage company, said Thursday it will now seek to partner with or invest in companies that have a blockchain element to their business. But you get that initial bump and I think there are a lot of companies coming out that are thinking of operations that they can work with blockchain.

BMO Private Bank's chief investment officer likened the crypto-investing boom to the s dot-com bubble. I think that these companies are just trying to catch this bitcoin and blockchain craze. Long Blockchain reserved the web domain longblockchain. Are you looking for a stock? Try one of these. News Video. News Video Berman's Call. Company News News Video Article. Related Video Up Next. Now Showing. The information you requested is not available at this time, please check back again soon.

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Blockchain for Tea

In a move that caused double takes on Wall Street trading floors and prompted comments on Twitter about how this must be the top of bitcoin mania, a little-known micro-cap stock called Long Island Iced Tea Corp. Shares closed up percent. The Farmingdale, New York-based beverage maker said in a release that it is "shifting its primary corporate focus towards the exploration of and investment in opportunities that leverage the benefits of blockchain technology. The company, however, is still going to make iced tea and other juice beverages, it said. Even though it's named after the popular mixed alcoholic drink it appears the company sells nonalcoholic iced teas, according to its website. A percent gain, where it traded at one point in the premarket, for 9.

Tea, juice, and vape companies add ‘blockchain’ to their names to profit on bitcoin mania

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SEC delists failed cryptocurrency company Long Blockchain

But by , it found itself under scrutiny from the Securities and Exchange Commission. Now, the saga has come to an inevitable end. As Ars Technica points out, the iced tea portion of the business operated as a subsidiary and is still operational. At one point, Long Blockchain agreed to buy 1, Antminer rigs for mining cryptocurrency.

Long Island Iced Tea changing name to Long Blockchain

The oldest tea farming company in the world, Assam Company, was bought last year by Abu Dhabi businessman BR Shetty after an extended period of financial uncertainty for the tea grower. One of the most memorable lines from sci-fi comedy The Hitchhiker's Guide to the Galaxy is the introduction to its tea-drinking, central protagonist Arthur Dent. The original radio script of Douglas Adams says of Dent: "He no more knows his destiny than a tea leaf knows the history of the East India Company. Tea was a recurring theme in Adams' work, not least of all because it provided a point of contrast. What could be more far removed from stories of space travel, robots and artificial intelligence than the humble tea leaves? It seems tea may not be that far removed from technology these days at all.

'Long Island Iced Tea' Changes Name to 'Long Blockchain,' Stock Soars

The trial launched on 29 September across 14 stores in Glasgow, the home of COP26, and will last for six months. Costa Coffee will be using the trial to gain feedback from customers and learn about uptake and behaviour towards reusable cups. It will then use its findings to optimise and develop a scheme that will roll out more widely across the UK in phases. To participate in the trial, customers must set up an account to join the BURT scheme by scanning a QR code displayed in one of the 14 participating stores. They can then pay at the till as normal while a barista prepares their favourite handcrafted Costa coffee.

We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. To learn more or opt-out, read our Cookie Policy. Just a mention of bitcoin appears enough to woo investors and get media attention including, now, this story.

The Long Island Iced Tea Corporation is an American company with a very predictable business model; they sell bottled iced tea and lemonade. The weird part is that the strategic move has actually worked. The company opened the stock market this Thursday at prices percent higher than it closed the previous night. It says it will continue to operate the beverage brand as a subsidiary, but will also invest or form partnerships with other blockchain companies. As weird as it sounds, this kind of business move has actually been used before. Other unrelated companies have recently seen stock prices rise after declaring an affiliation with blockchains.

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Long Island Iced Tea Corp. The company said Thursday that it plans to ask the Nasdaq to change its trading symbol from its current "LTEA," but didn't disclose what it wants the symbol changed to. Bitcoin futures soar in debut on major exchange. December 11, PM.