SUPPLY CHAIN
A supply chain is a system or network of people, activities, information, resources, organization that work together in supplying or distributing a product or service to consumers. The process of a supply chain is quite complex. Blockchain could be leveraged for reducing trust costs and streamline and optimize the whole process.
IBM and SAP Partner to Enhance Consumer Industries with AI-Driven Solutions
IBM and SAP collaborate to revolutionize consumer industries using WatsonX AI, aiming to optimize supply chains, enhance retail operations, and achieve greener deliveries.
Global Shipping Business Network (GSBN) Bullish on Blockchain
Hong Kong-based nonprofit consortium Global Shipping Business Network (GSBN) remains optimistic about the potential of blockchain in logistics, with a platform that rivals Maersk's TradeLens. Major shipping partners like Cosco and Hapag-Lloyd have already joined, with a permissioned blockchain allowing only authorized parties to access data. Despite past failures, GSBN CEO Bertrand Chen believes blockchain has yet to fully catch on and its adoption may take another decade.
Trezor Produces In-House Chips to Speed Up Hardware Wallet Production
Trezor accelerates hardware wallet production by producing its own chip wrapper, reducing lead times and shipping delays caused by component supply and demand.
BaaS to Boost Blockchain Adoption in the Healthcare Market, Study Shows
The enhanced adoption of blockchain as a service (BaaS) is anticipated to boost the blockchain in the healthcare market, according to a report by Research and Markets.
Morpheus.Network Integrates with Polygon to Simplify Supply Chain Activities
Supply chain SaaS platform Morpheus.Network Y integrates with Polygon, a decentralised Ethereum scaling network to simplify supply chain operations.
How Small Businesses can use Blockchain?
Here are some of the best ways small businesses can use blockchain without burning a hole in their pocket.
Indian Government Deploys Blockchain and AI to Enhance Supply Chain
The Indian government has deployed high-end technologies like blockchain and artificial intelligence (AI) in its public procurement portal (GeM) to enhance trade.
WEF Launches Blockchain Proof of Concept to Track Supply Chain Greenhouse Gas Emissions
The World Economic Forum’s Mining and Metals Blockchain Initiative has launched a unique proof of concept to track greenhouse gas emissions across the value chain.
Singapore to Pump $8.9 Million Into National Blockchain Ecosystem
The Singaporean government has deployed a US$ 8.9 million national blockchain initiative dubbed the Singapore Blockchain Innovation Program (SBIP).
Mastercard and GrainChain Bring Blockchain Provenance to Commodity Supply Chain in Americas
Mastercard has announced a partnership with GrainChain, a blockchain-based supply chain management firm to enhance the commodity supply chain in the Americas
Estee Lauder Uses Blockchain Technology to Further Beauty Solutions
Estée Lauder Companies (ELC) has established a blockchain platform to meet sourcing standards for its Madagascan vanilla.
KPMG Unveils Blockchain-Based Climate Accounting Tool To Help Drive Environmental Sustainability
KPMG has unveiled a blockchain capability dubbed Climate Accounting Infrastructure (CAI) to help firms measure, report, and offset their greenhouse gas emission.
What is VeChain?
VeChain was founded in Shanghai in 2015 by the former CIO of Luis Vuitton China, Sunny Lu, as a blockchain to improve business processes and supply chain management.
Amazon and Tech Mahindra to Create Blockchain-Based PPE Supply Chain Solutions
Indian based technology company Tech Mahindra announced today that it has partnered with U.S based e-commerce giant Amazon Web Services (AWS) to deploy blockchain solutions using Amazon’s managed blockchain.
OPEC Workshop Will Focus on Blockchain Integration with Oil Supply Chains
The OPEC Member Countries have revealed that its forthcoming videoconference workshop will feature blockchain integration with supply chains.