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BitBrum • November 19, 2017

  Cryptobates Group and Inspiring Co. are delighted to announce Birmingham’s inaugural BitBrum cryptocurrency and blockchain conference to be held…

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Tag: Supply Chain

Furthering the Efficiency and Security of Trade Flows with the Blockchain

Category: Blockchain, Business, News

Furthering the Efficiency and Security of Trade Flows with the Blockchain

Since the entry of shipping containers in the 1950’s to transports goods passing different borders, international trade has not adopted any technological advances aiding the process shipments go through. Typically, there has been little change in the way goods are transferred from one location to the other. For example, the modes of transport used in this process such as sea…

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IBM Canada Says British Columbia Should Move Its Cannabis Logistics to the Blockchain

Category: Blockchain, News, Tech

IBM Canada Says British Columbia Should Move Its Cannabis Logistics to the Blockchain

The Canadian subsidiary of tech giant IBM just submitted a proposal to the British Columbia government suggesting that the state’s cannabis industry should secure its logistics via blockchain. BC Solicits Proposals for Legalization Framework With the introduction of the Cannabis Act in April 2017, the Government of Canada is aiming to legalize recreational cannabis throughout Canada by July 2018. In…

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Stamping Out Fake Wine with the Blockchain

Category: Blockchain, Business, News

Stamping Out Fake Wine with the Blockchain

China’s wine market is in a rapid phase of expansion. Tied to a middle-class lifestyle, imported top-end wine is soaring in popularity, to where China now has the distinction of being one of the largest wine consuming countries worldwide. But with every market trend, there is a downside. This high demand for branded wine has led to legions of fake…

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Blockchain Startup Provenance Debuts Meat Products Tracking Platform in the US

Category: Blockchain, Business, News

Blockchain Startup Provenance Debuts Meat Products Tracking Platform in the US

UK-based blockchain technology company Provenance has debuted technology in conjunction with Grass Roots Farmers Cooperative in Arkansas that will allow customers to use the blockchain to track their meat products from farm to fork. The project is supported by Heifer USA, and the products will be sold through the Golden Gate Meat Company. The Grass Roots Farmers Cooperative is a…

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Hullcoin Plans to Launch Cryptocurrency Tied to Local Community “Currency”

Category: Altcoins, Finance, News

Hullcoin Plans to Launch Cryptocurrency Tied to Local Community “Currency”

Kaini Industries, the company behind Hullcoin, has revealed plans to develop a new cryptocurrency that will be linked to the Hull’s community voucher Hullcoin through the use of smart contract technology. Launched in 2014, Hullcoin is described as the “world’s first community loyalty point.” The token has no intrinsic value but can be used to redeem vouchers and discounts in…

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Bext360 Unveils Blockchain Platform For The Coffee Supply Chain

Category: Blockchain, News, Tech

Bext360 Unveils Blockchain Platform For The Coffee Supply Chain

Colorado-based technology company Bext360 announced the creation of its first supply chain solution. The platform is called bextmachine and has been developed specifically for the global coffee supply chain. The announcement was made at the Massachusetts Institute of Technology (MIT) during a TechCrunch event focusing on robotics on July 17. The one-day event aimed to help innovators introduce their solutions…

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Blockchain Technology Can Reshape Global Supply Chains

Category: Blockchain, Commentary, News, Tech

Blockchain Technology Can Reshape Global Supply Chains

Blockchain technology has been drawing the attention of logistics companies for some while now. With the complex and incredibly cumbersome procedures involved in arranging transportation from one point to another, the blockchain seems like a long-awaited deliverance to them. The problems faced by the logistics industry are very tangible; huge amounts of paperwork, insurance and legal issues, customs clearance, cargo…

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Blockchain Startup Everledger Partners with Singapore Diamond Exchange and Kynetix

Category: Blockchain, Business, News

Blockchain Startup Everledger Partners with Singapore Diamond Exchange and Kynetix

Everledger, the London-based startup that uses the blockchain to securely store data and provide provenance for high-value physical assets such as diamonds and artwork, has entered into a partnership with the Singapore Diamond Investment Exchange (SDiX) and physical commodity markets expert Kynetix. The Singapore Diamond Investment Exchange (SDiX) is the world’s first commodity exchange in physically settled diamonds. The exchange…

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Blockchain Called: It Asked To Borrow That Outfit!

Category: Blockchain, Business, News

Blockchain Called: It Asked To Borrow That Outfit!

Blockchain technology has made a warmly welcomed appearance in the fashion industry. A forward-thinking fashion leader, Martine Jarlgaard, is using the distributed ledger so that her clothing company will be accountable for the story behind the making of its garments. The industry of fashion, while highly competitive, has always been an enabler of bad business, even if accidentally, because consumers…

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Tokio Marine and NTT DATA Develop Blockchain Solution for Insurance Component of Shipping Trade

Category: Blockchain, Business, News

Tokio Marine and NTT DATA Develop Blockchain Solution for Insurance Component of Shipping Trade

Japanese insurance company Tokio Marine & Nichido Fire Insurance and system integration specialist NTT Data Corporation announced that they had completed a proof of concept for blockchain-based cargo insurance certificates for the international trade finance market. The test involved creating a data bill of lading, letter of credit, and a commercial invoice on a distributed ledger and was then tested…

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