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Canadian IT giant CGI has announced a pilot program in partnership with the National Bank of Canada and Skuchain, a supply chain financial solution powered by distributed ledger technology. The project will aim to improve and streamline the negotiation of complex conditional agreements used by banks for securing...
Samsung has announced a partnership with Dutch bank ABN AMRO and Rotterdam Port Authority to build a shipping and logistics business based on distributed ledger technology. Samsung’s NexLedger to Test Compatibility with R3’s Corda in Pilot Project for Shipping Industry The South Korean technology giant will be responsible...
Blockchain technology is rapidly being adopted for public purposes. New South Wales’ plan to fully digitize property transactions and Abu Dhabi Ports’ test to improve cargo visibility and streamline trade flows are two new examples of the disruption taking place today. New South Wales Partners with ChromaWay to...
The government of Rwanda is leading an innovative mineral traceability initiative using blockchain. To that effect, the project is working with U.K.-based startup Circulor and its blockchain powered supply chain platform to record the provenance of metals in order to eradicate sources of funding for conflict minerals. Circulor to...
Chainstack, a Singapore-based multi-cloud and multi-protocol Platform as a Service using decentralized networks, has joined the Blockchain in Transport Alliance (BiTA). BiTA is involved in determining best practices in the transportation, logistics, and supply chain marketplace using blockchain. Supply Chain Platform Chainstack Joins World’s Largest Commercial Blockchain Alliance The...
A report published yesterday by international law firm White & Case claims that blockchain technology could help improve transparency and remove inefficiencies from the global mining supply chain. It states that the industry’s adoption of the innovation backing Bitcoin is a matter of “when, not if.” Blockchain Looks...
The CEO and co-founder of digital invoicing firm Tradeshift has stated that blockchain has great potential for making supply chains cheaper and more efficient. However, Christian Lanng also believes that the technology is too immature and not cannot scale sufficiently for the role at present. Blockchain Needs to...
Oxfam has launched a pilot project in Cambodia to help rice farmers getting paid their fair share using blockchain technology. Blockchain for Livelihoods from Organic Cambodian Rice, or Blocrice, will analyze and test how 50 farmers can be empowered by having up-to-date information and value distribution in their supply...
While IBM has been cautious to back cryptocurrency projects, the New York-based technology giant has still been doing its best to make a successful foray into the blockchain space. But as some skeptics see it, IBM hasn’t done much to make a meaningful impact on this flowering industry....
Think you know your halibut from hake, or your salmon from swordfish? Think again. Incidents of fraudulent fish labelling are rife – but blockchain technology could fix it. Blockchain Technology Set to Revolutionise Supply Chains Modern supply chains are incredibly complex. It’s unlikely that the food you ate...
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