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In an interview with Cryptox, Rupert Colchester, the head of blockchain at IBM Australia and New Zealand, discussed how distributed ledger technology is transforming supply chain systems worldwide.Colchester also provided insight into some of IBM’s current blockchain initiatives and the state of the industry in Australia, and he shared his
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It is believed to be a correlation between USDT’s market cap and Bitcoin’s price movements. The majority of investors expect a rise in Bitcoin price after a significant boost of Tether (USDT). What can traders do while waiting for the bull?Years later, when we looked back to 2020, we might
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US Democrat Congressman Stephen F. Lynch, a ‘Southie’ from South Boston with nine succeeding Congresses since 2001 under his belt, introduced a bill in late April
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Federated Co-operatives Limited, or FCL, one of Canada’s 50-largest companies, has partnered with blockchain-based supply chain middleware platform, Morpheus.Network.FCL plans to integrate distributed ledger technology, or DLT, based tracking. This will be deployed across its diverse supply chain, encompassing 1,400 businesses across Western Canada and employs over 23,000 workers.Major Canadian
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The world is going through an unprecedented crisis following the onset of the COVID-19 pandemic. The disruption caused by the spread of this disease has slowed the movement of people as well as goods. However, that doesn’t mean that there is a complete stop of imports and exports of essential
Read MoreElon Musk’s electric car manufacturer Tesla piloted a blockchain solution in late 2019 with leading shipment management technology solutions provider, CargoSmart, Cosco Shipping Lines, and the Shanghai International Port Group has been revealed. Tesla’s speed will not only be reflected in the capability of the auto and in the automobile
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World-famous car manufacturer BMW Group plans to roll out its blockchain supply chain solution to 10 suppliers this year.Dubbed “PartChain,” the platform has already been successfully tested by BMW in 2019, an official announcement on March 31 revealed. In its early version, PartChain is designed to ensure traceability and immediate
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Sharing is caring!The Envoy Group will now be able to onboard legacy clients onto its trade finance platform using Know Your Customer (KYC) technology from KYC Hub, to take advantage of its anti-money laundering, business verification, workflow management and know your customer solutions. ~ advertisement ~ Envoy uses blockchain technologies to bring
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China Everbright Bank (CEB), a major commercial bank in China and one of the world’s largest public companies, is debuting a blockchain-based supply chain finance solution by Ant Financial.Ant Financial, the financial arm of Chinese e-commerce giant, Alibaba, has partnered with CEB to collaboratively implement Duo Chain — a
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Sharing is caring!Science Applications International Corp (SAIC) is planning to run a collaborative blockchain-fueled pilot program with Goodyear Tire & Rubber Company to secure supply chain transactions. “I have no doubt this pilot will bolster the already outstanding work our customers enjoy through the Global Tires Program and further our supply
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