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Nestle Partners with Carrefour To Track Origin of Baby Milk Products Using Blockchain

Nestle Partners with Carrefour To Track Origin of Baby Milk Products Using Blockchain

The adoption of blockchain has great impacts on supply chain management and all activities related to the production processes of an organization. The latest news indicates that Nestle and Carrefour have partnered to track the supply chain of baby milk products using blockchain.

British Farmer Attempted £1.4M Bitcoin Extortion from Tesco by Contaminating Baby Food

British Farmer Attempted £1.4M Bitcoin Extortion from Tesco by Contaminating Baby Food

Nigel Wright, a 45-year-old sheep farmer from Lincolnshire, England, has been accused of trying to extort Bitcoin worth £1.4 million, approximately $1.8 million, from retail giant Tesco. He made this blackmail to reveal the Tesco stores he had planted the contaminated baby food.

Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products

Leading Chinese Filecoin Miner Maker IPFSMain Suspends All Products

One of the leading Chinese Filecoin mining machine providers, IPFSMain has suspended sales of all products.

Authentication of Medicinal Products Made Possible by Blockchain Technology

Authentication of Medicinal Products Made Possible by Blockchain Technology

Kadena, a blockchain network, has partnered with Rymedi, a healthcare data platform provider, to validate the quality of medicinal products via blockchain.

Yonghui, Hema among supermarkets singled out by China's food safety watchdog for breaches

Yonghui, Hema among supermarkets singled out by China's food safety watchdog for breaches

Market regulator highlights 11 cases where supermarkets and online platforms sold food products that did not meet national food safety standards

Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate

Reebonz Tracks Provenance of its Luxury Products Using a Vechain-Powered Digital Certificate

Reebonz, the biggest luxury e-commerce company in Asia Pacific and Southeast Asia, has incorporated blockchain technology into its ecosystem to determine the provenance of its products.

HSBC and Wave Facilitate Blockchain-Powered Trade Between New Zealand and China

HSBC and Wave Facilitate Blockchain-Powered Trade Between New Zealand and China

HSBC and Wave facilitated a blockchain trade transaction for the shipment of milk powder from New Zealand dairy processor Fonterra to China’s Sichuan New Hope Trading.

Thailand’s Trade Policy Office to Trace Agricultural Products from Farm to Export Using Blockchain

Thailand’s Trade Policy Office to Trace Agricultural Products from Farm to Export Using Blockchain

Thailand’s Trade Policy and Strategy Office (TPSO) has revealed its intentions of using blockchain technology to trace agricultural products from farms to export as this will optimize buyers’ confidence.

Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion

Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion

Abra is a crypto-financial services app that gives users exposure to cryptocurrency and stock investments. On the other hand, The Stellar Development Foundation is a non-profit, which supports the development of the Stellar network. The Stellar Development Foundation said that its investment would help Abra to expand its services and products on the Stellar network. Abra CEO Bill Barhydt stated that his team will leverage Stellar’s ability to use traditional banking infrastructure as it builds yet more banking tools.

Bakkt Launches Two New Regulated Trading Products Ahead of Schedule

Bakkt Launches Two New Regulated Trading Products Ahead of Schedule

Bakkt launched its market for physically-settled Bitcoin futures in September this year, just launched its Options tied to its Bitcoin futures today.

Bitcoin Price Could Reach $350,000 by 2044 Depending on Millennials’ Investment Game Plan

Bitcoin Price Could Reach $350,000 by 2044 Depending on Millennials’ Investment Game Plan

According to Kraken Exchange, a leading US-based crypto exchange, Bitcoin price could shoot through the roof to $350,000 USD by 2044 if millennials were to invest more than 5% of their inherited wealth into this digital asset.

China Creates New Regulatory Authority for Blockchain Products and Digital Payments

China Creates New Regulatory Authority for Blockchain Products and Digital Payments

Earlier this month, China's President Xi Jinping made announcements on blockchain prompting banks to begin investing in the industry. In line with this, it is reported the next direction will be a new digital currency for citizens in China to use.

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