Blockchain is being leveraged to connect buyers with non-traditional suppliers producing masks and other PPT needed to combat COVID-19. Shortages of personal protective equipment, or PPE, used by health care professionals are posing a tremendous challenge to the United States health care system as a result of the coronavirus pandemic. According to the Centers for […]
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The World Economic Forum believes DLT supply chain solutions can help reboot the global economy, launching a blockchain deployment kit. The World Economic Forum published a report looking at how the deployment of blockchain-based solutions can address the supply chain inefficiencies and failures that have been exposed by the COVID-19 pandemic. Alongside the report, the […]
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The COVID-19 pandemic has revealed Bitcoin’s most important value, and it’s not the price — but its decentralized nature. Born within a financial meltdown and crisis, Bitcoin (BTC) has found itself again in the role of a proto-savior for the current failings of fiat and national currencies. Those failings namely being that national fiat currencies […]
Continue ReadingTech firm MVC Global and logistics firm Cox Logistics Group will launch a SmartHub warehouse to improve the distribution of pharmaceuticals across the Gulf region. Bahrain-based tech startup MVC Global and logistics firm Cox Logistics Group will jointly launch a so-called SmartHub logistics warehouse to improve the distribution of pharmaceuticals across the Gulf Cooperation Council. […]
Continue ReadingThe Blockstream CSO announced that Bitcoin miners are reporting technical issues with the Bitmain rigs resulting in 20-30% failure rates. Cryptocurrency miners relying on the Bitmain S17 and T17 Antminer have said that the rigs have failure rates between 20-30% where they would normally be roughly 5%. According to an April 26 tweet from Samson […]
Continue ReadingSupply chain tracking blockchain platform VeChain appears to have launched a new partnership with fashion brand H&M. Cos, the luxury subsidiary of the fast-fashion brand H&M, appears to have partnered with blockchain platform, VeChain, to provide detailed supply chain tracing data to customers. While H&M is yet to confirm the partnership, VeChain’s main investor is […]
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New York’s largest healthcare group has joined IBM Blockchain’s new network for COVID-19 relief provisions suppliers. Northwell Health, a New York-based healthcare group comprising over 800 hospitals, has joined IBM’s Rapid Supplier Connect network. IBM’s network is a cloud-based application that uses distributed ledger technology to assist businesses providing coronavirus relief supplies to connect with […]
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One of Canada’s top 50 companies is embracing blockchain technology to streamline its complex supply chain. Federated Co-operatives Limited, or FCL, one of Canada’s 50-largest companies, has partnered with blockchain-based supply chain middleware platform, Morpheus.Network. FCL plans to integrate distributed ledger technology, or DLT, based tracking. This will be deployed across its diverse supply chain, […]
Continue ReadingThe world’s largest producer of fruit and vegetables is expanding its use of blockchain for supply chain tracking. Dole Food Company, the world’s largest producer of fruit and vegetables, has revealed a five-year plan to expand its adoption of distributed ledger technology, or DLT, for supply chain tracking. Dole’s blockchain expansion was announced in its […]
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WeBank is the only bank ranked in the top 10 Global Banking Patents Rankings. China-based digital bank, WeBank, rose to third place for number of Blockchain patents filed globally in 2019. Alibaba and Tencent took the first and second places respectively. According to the report published on April 24, the digital bank has climbed from […]
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