Supply Chain

Blockchain and 3D Printing Are Reinventing Aerospace Supply Chains

Blockchain, like many other emerging technologies, is enthusiastically touted as a solution to many of the world’s problems. Perhaps because of its relation to cryptocurrency or the narrative prophecies that surround them both, blockchain draws both criticism and praise from a staggering array of sectors. However, with the big blockchain push from Chinese President Xi …

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Study: Blockchain Can Reduce Food Fraud By $31 Billion Within 5 Years

The food industry could save up to $31 billion in global fraud savings by tracking food on its way from farms to consumers via the blockchain. A Nov. 25 study by Juniper Research reveals that blockchain technology, in combination with Internet of Things (IoT) sensors and trackers, will greatly reduce retailers’ costs by streamlining supply …

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KPMG Launches DLT Supply Chain Tool in Australia, China and Japan

Big Four audit firm KPMG has officially launched a blockchain-based track and trace platform in Australia, China and Japan. Dubbed KPMG Origins, the tool is designed to increase transparency and traceability of processes in multiple industries such as agriculture, manufacturing and financial services, the firm announced on Nov. 28. The official launch of KPMG Origins …

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HashCash to Trace Mineral Supply Chain From Congo For Car Manufacturers

Blockchain company HashCash Consultants has announced a partnership with a group of international car, mining and battery manufacturers to develop a blockchain-based supply chain network to track minerals. As Business Insider reported on Nov. 18, the parties are planning to build a blockchain-based supply chain system to trace ethical sourcing of minerals used in car …

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Nestle, Carrefour Extend Blockchain Tracking Effort to Baby Milk

Nothing is more important to new parents than the safety of their infants, and food giants Nestle and Carrefour aim to use blockchain to help appease that instinct. Following on from a previous food tracking effort by the two companies, based on IBM’s Food Trust platform, Nestle and Carrefour will track baby milk products and provide consumers with …

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UPS and Agritech Firm Use Blockchain to Verify Beef Shipment From US to Japan

American logistics giant UPS has successfully delivered a blockchain-verified beef shipment from the United States to Japan. The company partnered with agritech firm HerdX to incorporate its packaging technology into a blockchain network to trace the journey of beef from Kansas to Japan, the firm announced on Nov. 11. As announced by UPS, the jointly-delivered …

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Weaponizing Blockchain — Vast Potential, but Projects Are Kept Secret

When Indian Defense Minister Rajnath Singh said that blockchain and artificial intelligence would “revolutionize war,” as Cointelegraph reported on Nov. 4, did he take things a bit too far? Jet engines have revolutionized warfare, and so have missiles and nuclear weapons — but shared digital ledgers?  Former NATO Secretary General Anders Fogh Rasmussen, for one, …

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Tradewind, Canadian Mint to Verify Origins of Precious Metals on Blockchain

Tradewind Markets, a blockchain-powered gold trading platform backed by stock trading firm IEX, has developed and launched a system for stablecoin issuers on its platform to track the provenance of their precious metals. Tradewind is taking its shot at stopping counterfeit gold seals and helping precious metals investors find metals that are produced responsibly. Designed …

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From Banking Giants to Tech Darlings, China Reveals Over 500 Enterprise Blockchain Projects

The Takeaway: More than 500 blockchain projects have been registered with the Chinese government since March. The filings reveal some of the largest Chinese banks and tech companies working with the technology. Several government offices, including courts and tax bureaus, are testing blockchain platforms to execute administrative tasks, the filings show. Chinese president Xi Jinping …

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Largest American Food Coop to Pilot Mastercard’s Blockchain Tech

Topco Associates, the largest American retail food group purchasing organization, will pilot Mastercard’s blockchain tech in its operations.  According to a press release on Oct. 27, Topco will test a traceability platform developed by logistics firm Envisible. The Wholechain platform is based on Mastercard’s blockchain-based Provenance Solution.  Topco will use the platform to trace the …

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