#Supply Chain News

Oracle blockchain sorrounded by bees and honey

World Bee Project and Oracle Leverage Blockchain to Track Honey Sustainability

July 7, 2019 by Aisshwarya Tiwari at Blockchain

Software giant Oracle has partnered with the World Bee Project (WBP) to jointly develop a blockchain-powered solution that tracks the supply chain journey of honey. This, according to a report by Ledger Insights, published on July 5, 2019. Sweetening the Supply Chain Blockchain technology’s use in the supply chain space...

Delicious Blockchain Blue Nestle Milk Carton

Nestlé and OpenSC Partner to Enhance Transparency in Food Industry with Blockchain

July 3, 2019 by Edoardo Vecchio at Blockchain

The Swiss multinational food and drink company Nestlé, announced the launch of a blockchain pilot project that will allow consumers to track product sustainability and provenance on July 02, 2019. The project stems from the collaboration between Nestlé and OpenSC, an innovative blockchain platform that allows consumers to track their...

A PC Screen with code of the IOTA project, a magnifying glass examines the code, vulnerability found by MIT and BOston University, their logos are in the background

IOTA Partnership to Leverage Blockchain Technology to Track Food Allergens

June 21, 2019 by Aisshwarya Tiwari at Business, News

German non-profit blockchain organization IOTA Foundation on June 20, 2019, announced a partnership with Primority, a digital food safety management firm to leverage distributed ledger technology (DLT) to track food allergens and improve consumer safety. Tracking Food Allergens on Blockchain One of the areas where blockchain technology has found a...

Canada: Pharmacy Firm to Track Medical Cannabis on Blockchain

June 18, 2019 by Aisshwarya Tiwari at Blockchain, News

According to a Bloomberg report published on June 17, 2019, Canadian pharmacy chain Shoppers Drug Mart has inked a business deal with distributed ledger technology (DLT) startup TruTrace Technologies to launch a pilot program to track the supply chain of medical cannabis. Tracking Cannabis from Seed to Smoke In a...

IBM, Walmart, KPMG, and Merck Join Forces to Track Drug Supply

June 14, 2019 by Edoardo Vecchio at Blockchain

The Food and Drug Administration (FDA) launched a pilot blockchain-based program to help track pharmaceuticals from manufacturer to consumer. IBM, Walmart, KPMG, and Merck are the companies involved in the project according to a Reuters report from June 13, 2019. Compliant Drug Supply Chain from Industry Heads The companies have...

American Retailer Target to Launch Open Source Blockchain for Supply Chains

June 12, 2019 by Edoardo Vecchio at News

In May 2018, Target Corporation, the eighth largest retailer in the United States, began working on an open source blockchain project for supply chain tracking called ConsenSource. According to a post released by Joel Crabb, the retail giant will also support the Hyperledger Grid, a project initiated in large part...

Budweiser Parent Firm Expands Investment in Supply Chain Blockchain Startup

June 8, 2019 by Aisshwarya Tiwari at Blockchain

According to a Forbes report published June 6, 2019, Anheuser-Busch InBev, the parent company of the beer brand Budweiser has invested an undisclosed sum of money in supply chain blockchain startup BanQu. Bridging the Gap At a time when the blockchain market is still in its infancy, publicly-traded firm Anheuser-Busch...

Walmart Joins Blockchain Consortium MediLedger to Track Pharmaceuticals

June 3, 2019 by Aisshwarya Tiwari at Adoption, News

In a bid to bring more transparency to the supply chain of pharmaceutical goods, retail giant Walmart has joined blockchain consortium MediLedger, Coindesk reports, June 3, 2019. Tracking Pharmaceutical Goods with Blockchain Although blockchain technology is making encouraging inroads across myriads of industries, its utility in the supply chain management...

Eating a delicious blockchain burger blue

You Are What You Eat: The Place of Blockchain in the Future of Food

May 21, 2019 by Tokoni Uti at Adoption, Blockchain, Business, Cryptocyclopedia, News

As food producers and restaurants come under scrutiny for their quality and content, blockchain has found itself in a whole new emerging market in the form of food tracking. Universally Eating Across cultures and countries, one thing that is consistent between human beings from all walks of life is food....

Saudi Arabia: The First Blockchain Tracked Cargo Shipped to Rotterdam

May 21, 2019 by Mohammad Musharraf at Adoption, Blockchain, News

Hellenic Shipping News reported May 20, 2019 that Saudi Customs successfully departed the first shipment that is powered by blockchain technology. It is headed to Rotterdam, Netherlands. Other Ports of Saudi Arabia May Soon See a Blockchain System For the very first time in 2018, a container was processed over...

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