Posts in category

Supply Chain


After a seemingly unending period of blockchain R&D, major enterprises are eager to edge their technology toward production. At least that was the sentiment at Blockchain Expo Global on Tuesday, where attendees at the Olympia London venue assembled to hear from experts in supply chain tracking, energy, logistics, freight and more – all of whom have …

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Telecommunications and smartphone provider Huawei has become the latest tech giant in China to launch a blockchain-as-a-service (BaaS) platform. Announced at Huawei’s analyst conference in Shenzhen on Tuesday, the company’s new platform, dubbed Blockchain Service, is said to enable companies to develop smart contracts on top of a distributed ledger network for several use-case scenarios. A …

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Electronics giant Samsung is mulling the use of a blockchain platform to manage its global supply chains, according to a report. Bloomberg reported Monday that Samsung Electronics is said to be already building a distributed ledger system to track international shipments, and expects that the move could slash shipping costs by 20 percent. Samsung SDS, …

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An Indian government think tank is working on a blockchain solution aimed to combat the country’s roaring counterfeit drugs trade. The National Institution for Transforming India, known as NITI Aayog, aims to have a proof-of-concept (PoC) of the solution completed by the end of 2018 and begin rolling it out next year, according to local news …

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A Chinese government-led research body has rolled out a blockchain-as-a-service (BaaS) platform for identity and supply-chain tracking. Dubbed the Blockchain Registry Open Platform (BROP), the system, developed by China Banknote Blockchain Technology Research Institute, was officially launched at a financial technology summit in Hangzhou on Monday, according to Securities Times. While China’s internet giants Tencent, Baidu and …

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The Lloyd’s Register Foundation, a British non-profit, has announced a new initiative that aims to use blockchain tech to improve safety on the high seas. Dubbed Maritime Blockchain Labs (MBL) and announced Thursday, the project is being founded in partnership with Denmark-based Blockchain Labs for Open Collaboration (BLOC). The project will look at the use of engineered systems …

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Chinese e-commerce giant JD.com has today unveiled a white paper detailing its next big step into the blockchain industry. Drawn up by JD’s blockchain technology and application center, the white paper outlines a variety of verticals that the firm will target with the launch a new blockchain-as-a-service (BaaS) platform. JD’s BaaS service will provide blockchain tools …

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Eximchain, a supply-chain focused blockchain startup founded in 2015, has raised $20 million from a group of investors. Founded at the Massachusetts Institute of Technology’s media lab, the startup raised the funds to continue developing its own public blockchain – powered by private smart contracts – to provide different solutions for recording, transacting and distributing …

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The parent company of beer maker Anheuser-Busch has taken part in a blockchain pilot in a bid to test the tech for global shipping uses. The company is part of a wider blockchain consortium that experimented with technology developed by consultancy firm Accenture. Other participants included shipping container firm APL, logistics company Kuehne+Nagel, and an …

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General Electric has joined a blockchain consortium through its transportation division. GE Transportation announced last Thursday that it had joined the Blockchain in Transport Alliance (BiTA), which aims to develop standards around the tech’s use in the cargo transport industry. With the move, GE becomes the latest major firm to link up with the effort, joining …

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Chinese e-commerce giant JD.com has announced that it will roll out a blockchain platform to track imports of beef products from an overseas meat exporter. According to an announcement Friday, the e-commerce platform said it has partnered with Australia’s InterAgri to import the supplier’s Angus beef products to Chinese consumers, making the production process traceable …

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A new patent filing finds retail giant Walmart seeking to utilize blockchain technology to perfect a smarter package delivery tracking system. In an application released by the U.S. Patent and Trademark Office (USPTO) on Thursday, Walmart describes a “smart package” that would include a device which would record information on a blockchain regarding the contents of …

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Alibaba’s T-Mall e-commerce platform is reportedly adopting blockchain technology in its cross-border supply chain through a partnership with logistics company Cainiao. According to a report by China’s news agency Xinhua Wednesday, the partnership aims to move information on goods for import and export onto a blockchain that can then track their country of origin, shipping …

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JD.com, one of China’s largest e-commerce platforms, is launching an accelerator program to foster the development of blockchain-focused startups. According to an announcement Tuesday, the program, starting in March and dubbed “AI Catapult,” aims to incubate young blockchain firms – helping them scale their applications through integrations with JD.com’s various businesses in China, including e-commerce and …

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Blockchain software startup R3, trade finance tech provider TradeIX and a group of major banks have moved their Marco Polo trade finance platform to the pilot stage. The news follows on from what the firms call in a press release a “successful” proof-of-concept that commenced last September in partnership with BNP, Commerzbank and ING. The …

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BNSF Railway, a major U.S. freight railroad network owned by Warren Buffet’s Berkshire Hathaway, has become the latest member of the Blockchain in Transport Alliance (BiTA). Announcing the news on Feb. 5, BNSF said in a statement that it joins the alliance in an effort to work with other members to set standards for how data can …

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It turns out, last year’s mantra “make blockchain real” was little more than wishful thinking. Instead of the increased efficiency, enterprises have encountered impractically slow transaction volumes; instead of a transparent world with ultimate accountability, companies holding sensitive customer data faced regulatory concerns. Still, there’s reason to believe the same rosy-colored forecast just might come …

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The logistics arm of Chinese retail and internet giant JD.com has joined the Blockchain in Transport Alliance (BiTA). The firm said in an announcement yesterday that JD Logistics joins the alliance with the aim of sharing its knowledge and applications of blockchain technology with other international freight firms, including fellow BiTA members UPS, FedEx, Penske and …

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Global shipping giant FedEx has begun efforts to integrate blockchain-based platforms into its daily operations by joining the Blockchain in Transport Alliance (BiTA) Freightwaves, a cargo shipping news organization, reported that FedEx had begun developing a set of industry standards for blockchain usage as part of the BiTA. The company, which joined the organization as a …

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Blockchain technology startup Skuchain and NTT Data Corporation have partnered to bring blockchain’s benefits to supply chains. According to a release, the partners will work to complete an “integrated blockchain-IoT” system combining Skuchain’s EC3 blockchain platform and NTT DATA’s iQuattro platform. The blockchain solution is aimed to help solve problems with traditional supply chain methods, including data unavailability, …

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