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California Giant Berry Farms Joins IBM Food Trust Blockchain Tracking System

Adrian Zmudzinski 2 hours ago California Giant Berry Farms Joins IBM Food Trust Blockchain Tracking System U.S. berry producer California Giant Berry Farms joined the blockchain-based food tracking solution IBM Food Trust. 4274 Total views 109 Total shares Listen to article 0:00 News U.S. berry pr..

World Economic Forum Looks to Blockchain to Restart Global Economy

Samuel Haig 1 hour ago World Economic Forum Looks to Blockchain to Restart Global Economy The World Economic Forum believes DLT supply chain solutions can help reboot the global economy, launching a blockchain deployment kit. 5730 Total views 112 Total shares Listen to article 0:00 News The World ..

Major Airline AirAsia Launches Blockchain-Driven Cargo Booking System

Teleport, the logistics division of major airline, AirAsia, has launched a blockchain-based cargo booking system called Freightchain. According to an April 16 announcement, Freightchain is “the world’s first digital air cargo network run on blockchain.” The network — which is launching today — allow..

CargoSmart, Tesla and Cosco to Pilot Blockchain Tech in Cargo Release Process

News CargoSmart, the software wing of the Hong Kong-based Orient Overseas Container Line, aims to transform the cargo release process using its new blockchain application. According to a report published by Splash 247 on April 7, CargoSmart partnered with Cosco, Shanghai International Port Group (..

WEF Explains How Blockchain Can Help Calm Global Supply Chain Chaos

News As the COVID-19 pandemic brings major economies to their heel under lockdown, there is mounting concern that the global trade and supply chain system could buckle within weeks. Collapsed supply and demand, transport frictions, labor shortages and, in some cases, early signs of protectionism,..

ConsenSys-Associated Agritech Project Covantis Officially Established

News Covantis, a blockchain agribusiness initiative backed by major industry company ConsenSys, has taken another step towards transforming global trade and supply chain operations. Backed by global agribusiness giants like Cargill and Bunge, Covantis has been officially established as a legal ent..

Alibaba Imports E-Commerce Platform Adopts Blockchain Traceability System

News Chinese e-commerce giant Alibaba announced its import e-commerce platform Koala has updated its products to include a full-link traceability blockchain system on March 16, according to a Sina Finance report from March 17. Blockchain increases logistic transparency The report revealed that th..

Air Cargo Industry Could Save $400M Per Year With Innovative Blockchain Tech

News Sita, an air transport communications and information tech company, and ULD Care, a trade association, are exploring the possibility of using blockchain technology to save $400M a year in the air cargo industry, according to the March 12 announcement. Blockchain platform brings down cost and ..

Standard Chartered Joins IBM and Maersk’s Blockchain Shipping Platform

News Standard Chartered has become the first bank to join TradeLens, the global blockchain shipping platform created by IBM and Danish logistics giant Maersk. The London-headquartered bank announced its decision on March 10, with global head of trade, Michael Spiegel, stating that digital ecosyste..

Nike Explores Blockchain for Supply Chain Data Collection

News The Chain Integration Pilot (CHIP) of the Auburn University RFID Lab in Alabama has published a proof-of-concept whitepaper that seeks to demonstrate the efficiency savings blockchain technology can unlock across the contemporary supply chain. The proof-of-concept was designed to ingest, enc..

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Central Bank Digital Currencies Will Not Affect Bitcoin

With greater interest by central banks around the world to create digital versions of sovereign fiat currencies, there are some concerns about how this...

Venezuela is Serious About Building Up Bitcoin Reserves

Holding reserves in currencies and investment commodities is something that nearly all central banks practice. The United States Federal Reserve, for example, keeps ample...

Cryptocurrency Market Surging on Fundamental Developments

The world of digital currency trading posted very solid transaction volumes on May 8 as Bitcoin returned to its highly anticipated $10,000 level. The...

South Korea is Preparing for a Sovereign Cryptocurrency Future

Over the next two years, the central bank of South Korea will be working on a blockchain project that would create a digital version...

How Blockchain Applications Are Being Used During the COVID-19 Pandemic

A couple of major blockchain development conferences have been canceled, and the cryptocurrency markets are feeling the economic impact of the coronavirus pandemic, but...
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