Diversified crypto and blockchain firm DMG Blockchain will develop a blockchain-powered platform to manage supply chains in the Canadian marijuana industry. Canada-based blockchain and crypto company DMG Blockchain Solutions Inc. (DMG) has announced the development of a global supply chain management platform for the legal cannabis industry, according to an announcement published Oct. 17. As […]
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American economist Nouriel Roubini has prepared his “debunking” of crypto in a 30-page testimony set to be delivered at a U.S. congress hearing today. American economist Nouriel Roubini has prepared his “debunking” of the crypto and blockchain space in a 30-page testimony set to be delivered at a U.S. congress hearing. The hearing will be […]
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Blythe Masters has confirmed her belief that blockchain will shake up commodities. Former JPMorgan executive Blythe Masters predicts “tens if not hundreds” of blockchain projects will soon increase the efficiency of commodity markets, Bloomberg reports Tuesday, Oct. 9. Masters, who since leaving the investment banking giant has become CEO of her own software outfit Digital […]
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Thai officials will conduct blockchain feasibility studies, aiming to apply the technology for digital IDs, smart contracts, and even rice export. The Thai Ministry of Commerce has begun to conduct feasibility studies on the use of blockchain in copyright, agriculture, and trade finance, English-language Thai newspaper Bangkok Post reports Tuesday, Oct. 9. A Thai official […]
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Overstock’s investment subsidiary Medici Ventures has funded a blockchain project aimed at fighting wine counterfeit. Overstock.com’s venture capital subsidiary Medici Ventures has invested in Israeli-based technology company VinX to develop a blockchain-powered wine futures platform, according to a press release published October 4. The exact amount of the investment was not disclosed. Per the announcement, […]
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The next five years will see blockchain in agriculture and food supply chains increase in value by over 600 percent. Agriculture and food supply chains will get investment worth over $400 million over the next five years directly from blockchain, according to a new report. Authored by Reportlinker, a report released this week “Blockchain: Agriculture […]
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Good news for traders across the world; global banks, along with international trading companies, have recently announced the first blockchain-based platform, called Komgo, that will allow financing for trading of commodities ranging from oil to wheat. The platform, which will be developed in partnership with blockchain technology company ConsenSys, will go live later in 2018, […]
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Walmart will require its suppliers of leafy-greens to implement blockchain technology by September 2019. U.S. retail giant Walmart and its division Sam’s Club, a membership-only retail warehouse club, will require suppliers of leafy greens to implement a farm-to-store tracking system based on blockchain tech, Reuters reported September 24. The end-to-end traceability system is based on […]
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