The new Ethereum-based network aims to track the life cycle of agricultural products, and counts a pharma giant among its users. On Nov. 18, blockchain solutions provider BlockApps launched a blockchain-based agricultural crop tracking network called “TraceHarvest” — and one of the largest companies in the world, Bayer, is among its first users. TraceHarvest reportedly […]
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IBM has emerged as one of the largest blockchain consulting firms in the world. Its next target: sustainable fashion. IBM’s foray into the blockchain ecosystem is deepening with a new partnership to track supply chains in the textile and fashion industries. The Armonk, New York-based tech giant announced Monday that it’s teaming up with German […]
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The world of fine spirits continues to apply distributed ledger technology. The Stin, an Austrian-based gin distiller, is set to use ICON (ICX), South Korea’s largest public blockchain project, to transparently track its supply chain. An Austrian blockchain firm, block42, will be combining near-field communication (NFC) technology with the ICON blockchain to maximize the security […]
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The platform plans to assist in “building a from-farm-to-table traceability system” across China. The VeChain Foundation has joined the China Animal Health And Food Safety Alliance as a council member. According to a Sept. 17 announcement, VeChain is “the sole public blockchain technology provider in the alliance” and will offer technical and infrastructure support. There […]
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Even the FDA uses blockchain Federal agencies have turned to blockchain for its transparency, efficiency, security and flexibility. According to FedTech magazine, several federal agencies like the U.S. Food and Drug Administration, or FDA, and the Department of Treasury began using blockchain. Officials in the US Food and Drug Administration needed an effective way to help […]
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With globalization progressing rapidly across all industries, let’s look at how blockchain tech is implemented in global advancement worldwide. Since the advent of blockchain technology in 2008, we have seen an ongoing sense of fortune, and several industries have been, and still are, grateful participants. The enormous boom will undoubtedly cause many other businesses to […]
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A detailed explanation of how blockchain is being applied to transform a variety of supply chains Author Don Tapscott’s latest book Supply Chain Revolution highlights opportunities for transformation that blockchain can bring to what the book calls a $50 trillion supply chain industry issue. Tapscott, who is also co-founder of the Blockchain Research Institute, told […]
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Cyprus is becoming a hotspot for Blockchain technology. The VeChain Foundation has partnered with the accounting and consulting firm, Grant Thornton Cyprus. According to an announcement from the company, the partnership hopes to extend blockchain solutions to a variety of industries. These will largely be determined by the Cypriot company’s network of customers, but may […]
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The VeChain Foundation announced a blockchain-based food safety solution based on its Blockchain-as-a-Service platform, ToolChain. VeChain’s newly released tool offers a suite of whitelabel services that will allow the food sector to implement on-chain safety management services. These services include traceability templates which track things like origin traceability, cross-border traceability, full-process traceability, and more. They […]
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The COVID-19 pandemic has highlighted challenges in global seafood supply chains, and blockchain tech may help improve them. COVID-19 is the most devastating plague to ravage humankind this century. Every day, the number of patients infected with the coronavirus is rising globally and taking the highest human toll in the United States. The highly infectious […]
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