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Africa Blockchain Conference 2018 • May 23-24, 2018

Organized by The Blockchain Association of Uganda, with support from the Government of Uganda, the Africa Blockchain Conference will concentrate…

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Tag: Supply Chain

Ex-Deloitte Executive to Raise $150 Million to Build “Ethereum of Supply Chain”

Category: Blockchain, Business, Ethereum, Finance, News, Tech

Ex-Deloitte Executive to Raise $150 Million to Build “Ethereum of Supply Chain”

Eric Piscini, the brains behind Deloitte’s blockchain prowess, has left the company. Currently boasting 1,200 employees, and starting with just three, Piscini was instrumental in scaling the blockchain operation to $50 million. Now, he has stepped down and decided to travel a different road. A Bright Future As per a report on May 14, 2018, Piscini was frequently approached and…

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South Korean Customs to Test Large-Scale Blockchain Technology System with 50 Local Companies

Category: Blockchain, Business, News, Tech

South Korean Customs to Test Large-Scale Blockchain Technology System with 50 Local Companies

Ten years after Bitcoin’s introduction, the world has just begun to wake up to the advancements and efficiencies of using blockchain-based administrative systems. Traditional media outlets have so far focused only on the price volatility of digital assets, ignoring the underlying technology by large. Korea’s Blockchain Push Beneath the un-reported depths of blockchain’s potential, companies and governments around the world…

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“Blockchain has the Ability to Completely Change Logistics,” Says FedEx CEO

Category: Blockchain, Business, News, Tech

“Blockchain has the Ability to Completely Change Logistics,” Says FedEx CEO

FedEx is testing blockchain applications to logistics. The technology behind bitcoin and other cryptocurrencies have since been identified as having immense potential for disrupting the logistics and supply chain management (SCM) industry. Fred Smith. Source: GreenTechMedia With many cutting-edge solutions being developed by startup companies, the established corporations seem forced to innovate or lose their perch. FedEx appears to be…

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Cardano Founder Signs Deal With Ethiopia to Explore Blockchain and AgriTech

Category: Altcoins, Blockchain, Business, News, Tech

Cardano Founder Signs Deal With Ethiopia to Explore Blockchain and AgriTech

Announced on May 3, IOHK has signed a memorandum of understanding (MOU) with Ethiopian government to onboard local developers to leverage Cardano’s blockchain platform and develop the AgriTech sector. Ethiopia is Fertile Land for Blockchain Tech The world’s most populous landlocked country Ethiopia has jumped on the blockchain bandwagon to boost its agriculture industry. The IOHK signed an MOU with…

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Samsung Electronics to Employ Blockchain Technology to Augment Supply Chain Network

Category: Blockchain, Business, News, Tech

Samsung Electronics to Employ Blockchain Technology to Augment Supply Chain Network

Samsung Electronics, one of the biggest information technology company, is mulling over using blockchain technology to assist in administration its supply and logistics network. The propound blockchain based platform’s role would be to oversee global shipments and cut back shipping costs.     Blockchain System to Slice 20% Costs in Shipping   Samsung SDS is also contemplating to develop blockchain platform…

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India’s Niti Aayog to Combat Fake Drug Problem with Blockchain Technology

Category: Blockchain, Business, News, Tech

India’s Niti Aayog to Combat Fake Drug Problem with Blockchain Technology

The National Institute for Transforming India, popularly known as the Niti Aayog, is in the process of creating a blockchain-based tool for tracking the inventory of drugs within the country. According to a Factor Daily report dated April 9, 2018, the Indian policy think tank wants to use blockchain technology to weed out illegal medicines that are manufactured every year…

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Coca-Cola and the US State Department use the Blockchain to Combat Forced Labor

Category: Blockchain, News, Tech

Coca-Cola and the US State Department use the Blockchain to Combat Forced Labor

Coca-Cola and the US State Department are working together to fight forced labor in the supply chain using blockchain technology. “We are partnering with the pilot of this project to further increase transparency and efficiency of the verification process related to labor policies within our supply chain,” said Brent Wilton, Coca-Cola’s global head of workplace rights, as reported by Reuters….

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IBM’s Creates the World’s Smallest Computer and Includes Blockchain Applications

Category: Blockchain, Business, News, Tech

IBM’s Creates the World’s Smallest Computer and Includes Blockchain Applications

Arguably the leading computer company in the world, IBM has produced the world’s smallest computer, no bigger than a grain of coarse salt. Although “nanotech” is a term usually applied to medical and other micro-machines that have motion or effects that impact upon their micro-environment, IBM’s latest offering nonetheless fits the bill. Source: IBM Concurrent with the company’s announcement that…

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BMW Looks to the Blockchain to Prove Ethical Sourcing of Cobalt

Category: Blockchain, Business, News, Tech

BMW Looks to the Blockchain to Prove Ethical Sourcing of Cobalt

Just about two-thirds of the world’s supply of cobalt originate from the Democratic Republic of Congo wherein about one-fifth of this cobalt supply come from what are known as “artisanal mines,” or in other words unregulated mining operations. Within these mines, it is not uncommon to find children who have been forced to forgo education, play and other important aspects…

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$2.7 Billion (per day) Oil Business Set to Kick Paper Out for Blockchain

Category: Blockchain, Business, News, Tech

$2.7 Billion (per day) Oil Business Set to Kick Paper Out for Blockchain

In an industry notorious for its paperwork, the maritime transporters of half of the world’s crude oil supply are looking to the blockchain to revamp the shipping industry’s backend. Although utilizing a decentralized ledger would be a giant leap forward, it could result in significant job losses. Several dozen tankers set sail from global ports daily, generating transactions worth $2.7…

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