Searching for to capitalize on RadioShack’s world model identify, Miami-based proprietor Retail Ecommerce Ventures is propelling RadioShack (as soon as primarily based in Fort Price) into the promising but murky territory of cryptocurrency. Cryptocurrency is digital forex constructed on a know-how platform often called blockchain; bitcoin is maybe the best-known sort of cryptocurrency. In November, the scale of the worldwide cryptocurrency market surpassed $3 trillion.
See associated story: Cryptocurrency game: Is here to stay or will it crash and burn?
“The necessity for a bridge between the CEOs who management the world’s firms and the brand new world of cryptocurrencies will probably come within the type of a widely known, century-old model. RadioShack is ideal,” RadioShack proclaims on its website.
Proceed studying about former Texas electronics big RadioShack reboots as cryptocurrency firm at ABC13’s associate Houston CultureMap.