Cargill and Rabobank Use Blockchain for a $12 Million Intercontinental Wheat Trade

Cargill and Rabobank settle a $12 million commodity trade using blockchain technology, reducing the transaction time to five days. Dutch multinational banking and financial services company Rabobank recently announced the settlement of a $12 million intercontinental commodity trade using blockchain technology. Rabobank and other logistics companies collaborated with the United States-based agricultural behemoth Cargill and […]

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Nestlé Rises to DLT Challenge, Expands IBM Food Trust Blockchain Tool to Coffee

Nestlé, the world’s biggest food and beverage firm, expands its long-running IBM Food Trust blockchain technology platform to its coffee brand Zoégas. Global implementation of blockchain technology in the food industry continues to grow as the world’s biggest food and beverage company, Nestlé, doesn’t put its blockchain efforts on hold. On April 6, Nestlé announced […]

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Blockchain as a Tool to Combat Coronavirus

Cointelegraph Consulting examines the blockchain world’s response to the coronavirus outbreak. COVID-19 — more commonly known as the coronavirus — has unleashed massive shock waves among the worldwide health, science, government and business communities as societies are trying to contain the virus. At the moment, the scale and velocity at which the coronavirus is spreading […]

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Walmart Joins Hyperledger Alongside 7 Other Companies

Multinational retail conglomerate Walmart joined Hyperledger among eight new entrants announced during the opening day of the Hyperledger Global Forum 2020. Walmart has become the latest major conglomerate to join open-source blockchain consortium Hyperledger. Walmart is among eight new members to join the platform. The new members were announced on March 3 at the Hyperledger […]

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