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 […]

Alibaba's Import E-commerce Platform adopts Blockchain traceability system

Alibaba’s Import E-Commerce Platform Adopts Blockchain Traceability System

Chinese e-commerce giant Alibaba announced its import e-commerce platform Koala has updated its products to include a full-link traceability blockchain system on March 16, according to a Sina Finance report from March 17. Blockchain Increases Logistics Transparency The report revealed that the integration of Ant Financial’s blockchain in the Koala platform allows online buyers to […]

Blockchain technology in air cargo industry

Air Cargo Industry Could Save $400M Per Year with Innovative Blockchain Tech

Sita, an air transport communications and information tech company, and ULD Care, a trade association, are exploring the possibility of using blockchain technology to save $400M a year in the air cargo industry, according to the March 12 announcement. Blockchain Platform brings down cost and improves efficiency Blockchain technology allows air cargo companies to digitally […]

standard chartered bank

Standard Chartered Bank Joins IBM & Maersk’s Blockchain Shipping Platform

Standard Chartered Bank has become the first financial institution to join TradeLens, the global blockchain shipping platform created by IBM and the Danish logistics giant Maersk. The London-headquartered bank announced its decision on March 10, with global head of trade, Michael Spiegel, stating that digital ecosystems like TradeLens have the potential to promote the sustainability […]

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 […]

blockchain in agriculture

UK Startup Puts Haitian Farmers and Their Crops on the Blockchain

A UK tech company recently announced a blockchain ecosystem for farmers in Haiti, bringing clarity to the supply chain while bolstering sales. Agriledger, a blockchain outfit based in the United Kingdom, was responsible for building this new ecosystem. Their goal was ensuring that farmers receive adequate pay for their crops, a Feb 28 post from […]

ibm blockchain network

French Food Company Looks to IBM’s Blockchain for Better Sourcing

IBM Food Trust Blockchain platform has onboarded one more French manufacturer. The company is seeking to enhance the transparency of product provenance and supply chain. The Avril Group (a vegetable oil, eggs & protein manufacturer, and the owner of brands Matines and Lesieur) has begun using IBM’s blockchain network to ensure traceability of its products. […]

China Telecom's White paper on blockchain smartphones

China Telecom to develop blockchain powered smartphones

The major mobile telecommunication provider China Telecom has released a white paper on 5G blockchain-based smartphones. The 5G internet on blockchain smartphones will enable users to automate and trace certain activities with phones. This release took place at the China International Intelligent Industry Expo…

Maharashtra government to test blockchain in various sectors

Maharashtra will soon embrace blockchain in multiple sectors

The Indian state of Maharashtra will soon launch a regulatory sandbox to explore blockchain on various platforms. The Maharashtra government is planning to test the technology in supply chains, agricultural sector, vehicle registration, and documentation…

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 […]