Search Results for: supply chain

China Everbright Bank Uses Ant Financial DLT for Supply Chain

A Major Chinese Commercial Bank Uses Blockchain-based Supply Chain Finance

Popular as a major commercial bank in China and one of the largest public companies in the world, China Everbright Bank (CEB) is working on introducing a blockchain-based supply chain finance solution in partnership with Ant Financial. Ant Financial, which is widely recognized as the financial arm of the Chinese e-commerce giant, Alibaba, teams up […]

Nike explores blockchain for supply chain data collection

Nike Explores Blockchain with RFID for Tracking Products in Supply Chain

The Chain Integration Pilot (CHIP) of the Auburn University RFID Lab in Alabama has published a proof-of-concept whitepaper that seeks to demonstrate the efficiency savings blockchain technology can unlock across the contemporary supply chain. The proof-of-concept was designed to ingest, encode, distribute, and store serialized data from multiple points throughout the supply chain on Hyperledger […]

IOTA Launches New Software Wallet

Alyx Fashion Partners with IOTA to Implement Blockchain In Supply Chain

Lady Gaga’s fashion label Alyx has partnered with IOTA to implement blockchain in the supply chain. Alyx’s creative director Matthew Williams will implement it to improve the transparency of its supply chain in partnership with Avery Dennison and Evrythng. The fashion brand will add nine of its items to blockchain ledgers. It will showcase the entire […]

Blockchain on the Drug Supply Chain

US Food and Drug Administration will Implement Blockchain on the Drug Supply Chain

United States Food & Drugs Administration will implement blockchain on the drug supply chain. The firm is joining hands with IBM and Walmart to develop this system. The team will also include global pharma company Merck and audit firm KPMG. The intention of the partnership is to develop a proof-of-concept (PoC) blockchain network. This system will […]

blockchain based supply chain tracking

Retail Giant Target To Launch Blockchain Based Supply Chain Tracking

US-based retail giant Target has announced to launch an open source blockchain based supply chain tracking. The company would integrate its components into the Hyperledger Grid project framework. This news comes from the official blog post of the company. According to the VP, the retailer worked with the blockchain technology called ConsenSource since mid-2018. However, Target […]

Volkswagen Will Use IBM Blockchain

Volkswagen Will Use IBM Blockchain to Track its Mineral Supply chains

Soon, Volkswagen will use IBM Blockchain to track its mineral supply chains. this info officially comes from the announcement made by the renowned German automaker. It aims towards empowering the company to record mineral tracing in real-time. The MNC in its blog said that this move will help fulfill the sourcing standards set by the […]

Malaysian State Plans to Implement Blockchain in Food and Agricultural Products Supply Chain

Malaysian State Plans to Implement Blockchain in Food and Agricultural Products Supply Chain

The Malaysian State of Penang has announced its plans to implement blockchain technology in supply chain management of food and agricultural products. However, no specific details about time or any type collaborations has been revealed yet. The Deputy Minister of Agriculture and Agro-based Industries of Malaysia is assertive that implementation of the technology will reduce the operational costs and improve the overall security by eliminating middlemen.

Mastercard, Accenture and Amazon Partner to Enhance Sustainable Supply Chain

Accenture, Mastercard and Amazon Collaborate for Sustainable Supply Chain on Blockchain

Accenture has announced its collaboration with Mastercard, Amazon Web Services, Everledger and Mercy Corps to introduce a ‘circular supply chain’ focusing on creation of a blockchain-based transparent supply chain platform. The platform will use digital identity management and blockchain technology to enable consumers know the complete supply chain journey of products, from start to finish.

Future of Logistics: Blockchain-Powered Supply Chain Management

Future of Logistics: Blockchain-Powered Supply Chain Management

Until a few years back, consumer expectations were much less. Unlike today, they did not mind waiting even for a week or so, to get an order delivered at their doorstep. However, the current scenario is completely different; customers not only give preference to an item’s quality and price, but also their turnaround times. Today, […]