#Supply chain management News

Eating a delicious blockchain burger blue

Using Blockchain to Bridge the Gap Between Food Wastage and Global Hunger

December 27, 2019 by Ashwath Balakrishnan at Blockchain

Almost 11 percent of the world's population goes to sleep hungry. At the same time, 14 percent of all organic harvest is no longer fit for human consumption by the time it reaches the retail market. Effectively, we have food that goes to waste that could have been used to...

Italy to Tap Blockchain Technology to Tackle African Blood Orange Problem

December 24, 2019 by Aisshwarya Tiwari at Blockchain

According to a report by Food Navigator published on December 20, 2019, Italy-based consortium – the ROUGE Project – has decided to tap blockchain technology to tackle Sicilian blood orange food fraud. Blockchain Technology to Tackle the Blood Orange Mess In a bid to boost transparency in the food supply...

Supply Chain Blockchain Machine Boxes Factory Brown Blue

Australia: KPMG Unveils Blockchain Platform to Track Food Processing Supply Chain

December 19, 2019 by Aisshwarya Tiwari at Blockchain

One of the big four accounting firms KPMG has launched a distributed ledger technology-enabled (DLT) platform to manage and overlook the supply chain nitty-gritty of the agriculture and food processing industry in Australia. This, according to a report by Consultancy.com.au, December 17, 2019. Blockchain Down Under Over the past few...

UnionBank, WWF, Streamr Launch DLT-based Fish Traceability Pilot

December 3, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

The Filipino arm of the World Wide Fund for Nature (WWF), UnionBank, the seventh-largest bank in the Philippines in terms of assets, and Streamr, a blockchain project that tokenizes streamable data, allowing users to trade digital content, are joining forces to develop Tracey, a distributed ledger technology (DLT) powered fish...

DNP Group Adopts VeChain (VET) for Coffee Cups Recycling

November 29, 2019 by Ogwu Osaemezu Emmanuel at News

In a bid to promote a global environmentally-friendly lifestyle, Dai Nippon Printing Group (DNP Group), a printing company that makes 30% of Japan’s drink bottles has adopted VeChain's ToolChain to launch a new sustainable and circular economy proof-of-concept (PoC) project, according to a blog post on November 29, 2019. DNP...

KPMG’s New Blockchain Network Grants Producers a New Degree of Legitimacy

November 29, 2019 by Ashwath Balakrishnan at Blockchain

Consulting and auditing giant KPMG has announced the launch of KPMG Origins: a multi-purpose supply chain network for a wide variety of industries, ranging from food production to financial services for the Asia-Pacific region. Producers today are being held accountable for the sustainability practices they inculcate during the production lifecycle,...

Leading Chinese Tea Producer Adopts VeChain (VET) for Supply Chain Management

November 15, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

During the Shuangjiang Conference that was held on November 13, 2019, Singapore-based blockchain application platform VeChain, in partnership with Menku Rongshi, Yunlian, and Linova, announced the Yunnan Pu’er tea tracking platform powered by the VeChain ToolChain. VeChain revealed on its official Twitter account and claimed the innovation has been indexed...

Mastercard, Envisible, Topco Ally to Track Seafood with Blockchain

October 28, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

In a bid to allow consumers of seafood to know the entire origin of the food they consume, Mastercard, a leading global payments processor, is collaborating with Topco Associates, a major U.S-based food cooperative and Envisible, to launch a distributed ledger technology (DLT) based food traceability program. This according to...