Austrian gin makers to use blockchain to guarantee bottles’ rarity

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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South Australian food and wine tracing platform teams up with Hedera

The Australian government-backed supply chain traceability platform Entrust is launching on Hedera Hashgraph. The Australian government-backed agricultural supply chain platform Entrust has announced it will operate on Hedera Hashgraph — a distributed ledger platform claiming a transactional throughput of 10,000 transactions per second. South Australia’s premier, Steven Marshall, officially launched Entrust on September 20, describing […]

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JD.com’s fintech wing partners with PBoC on digital currency projects

China’s e-commerce giant will reportedly help develop apps that support the forthcoming digital renminbi. The tech and payments-focused subsidiary of Chinese e-commerce company JD.com has entered into a partnership with the Digital Currency Research Institute of the People’s Bank of China. Local media reported on Sept. 21 that JD Digital Technology and the Digital Currency […]

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