DLT security standards may turn legacy industries into blockchain innovators

Member-led working groups are helping define security standards for tokenized use cases. Tokenization has given rise to the “Internet of Value,” an era in which financial assets — or any assets with underlying value — can be easily transferred peer-to-peer over the internet. While revolutionary, tokenization has largely remained a concept embedded strictly within the […]

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Top Chinese chemical firm uses blockchain to cut trade financing costs

Amid the pandemic, blockchain is alleviating the pressure in China’s petrochemical trade. One of China’s largest chemical producers has launched a new Blockchain Warehouse Receipt Platform to help the industry combat the rising costs of operations and trade financing. An increased demand for more environmental and safety measures amid the pandemic has further driven costs […]

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KPMG unveils blockchain solution to track climate emissions

As organizations come under pressure to ramp up climate change policies, accounting giant KPMG has launched a new blockchain-based solution. International accounting firm KPMG has unveiled its blockchain based Climate Accounting Infrastructure (CAI) solution to help organizations measure, report, and offset their greenhouse gas emissions. CAI uses blockchain to securely store environmental data in a […]

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Blockchain-backed food supply chain management solves the problem

Blockchain tech provides opportunities for progressive food enterprises to be more competitive and contribute to sustainability measures. Food supply chain management, or FSCM, has long been put forth as a low-hanging-fruit application in the enterprise blockchain space. Now, after years of pilots, the verdict is finally in: Blockchain-supported FSCM works perfectly.  For innovation managers in […]

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Centralized data management hampered the global response to COVID-19

Blockchain-supported decentralization has a chance to improve the difficulties for pharmaceutical and life sciences supply chains. The COVID-19 outbreak, just like any other black swan event before it, revealed systemic weaknesses in a wide variety of industries and processes. With the information age now in full swing, this particular event emphasized the critical importance of […]

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