Multinational mining giant BHP conducted a joint blockchain experiment with Japanese shipper NYK and biofuel producer Good Fuels. Multinational metal and oil mining giant BHP has successfully tested blockchain in a conjoint experiment with Japanese shipping company NYK, shipping news magazine Dry Bulk reports Tuesday, Feb. 5. Sustainable biofuel company GoodFuels provided its product for […]
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Big Four audit and consulting firm Deloitte successfully completed a joint pilot of digitizing the supply chain on multiple DLTs. Big Four audit and consulting firm Deloitte has successfully completed a joint pilot for digitizing the supply chain on multiple blockchain networks, according to an official press release published on Feb. 1. Within the new […]
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The shipment from China to Singapore was chosen in the run-up to lunar new year, IBM says. IBM is continuing its foray into blockchain trade management, completing a new trial which shipped 108,000 mandarin oranges to Singapore, a press release confirmed on Jan. 31. IBM, which is focusing on speeding up efficiency in multiple trade […]
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Agricultural giant Cargill will invest its digital engineering resources to develop Hyperledger Grid. United States-based agricultural conglomerate Cargill has announced that it is investing digital engineering resources to develop Hyperledger Grid, according to an announcement on Jan. 25. Hyperledger Grid is a recently announced project from Hyperledger that aims to streamline supply chains by using […]
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The port authority of one of Europe’s busiest ports has reportedly signed an agreement under which it will collaborate with IBM on a blockchain-based shipping platform. The Port Authority of the Bay of Algeciras (APBA) has signed an agreement under which it will collaborate with IBM on its shipping platform Tradelens, Europa News reported on […]
Continue ReadingMore global oil and gas giants have joined the blockchain-based platform for trading energy commodities. Chevron, one of largest American multinational energy corporations, and two other major energy companies have joined Vakt, a United Kingdom-based blockchain platform for energy commodity trading. Reuters reported on the development on Jan. 16. Along with Chevron, Total, a leading […]
Continue ReadingIsrael’s largest cargo shipping company Zim has opened its blockchain platform to all clients in select trades, following a successful pilot. Israel’s largest cargo shipping company Zim has opened its blockchain platform for electronic bills of lading (eB/Ls) to all clients in selected trades. Global shipping news outlet TradeWinds reported the news today, Jan. 14. […]
Continue ReadingIndian police in the state of Jammu and Kashmir have issued a public statement, warning against investing in cryptocurrencies. The police of the Indian state of Jammu and Kashmir have issued a public statement, warning the public against investing in cryptocurrencies, local business news daily the Business Standard reported on Jan. 2. Police reportedly warned […]
Continue ReadingPrevious suggestions of a lasting stance on crypto from India’s government appear to have been overturned by fresh comments. The Indian government is approaching cryptocurrency regulation with caution, tech magazine Quartz reported Dec. 31, quoting Pon Radhakrishnan, the Minister of State in the Ministry of Finance and Ministry of Shipping. The latest episode in India’s […]
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Two South Korean government ministries have launched a blockchain pilot for port logistics innovation and the country’s container shipping industry. Two South Korean government ministries have launched a blockchain pilot for port logistics innovation, according to a press release from the country’s Ministry of Science, ICT and Future Planning (MSIT), published Dec. 18. MSIT, together […]
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