Trade
The trading industry has been benefiting from blockchain. A number of ICOs are being started by businesses that sell commodities and are turning to this technology to make sure their trade transactions are safe. Governments are also adopting blockchain, as it has proved effective in tracking products and guaranteeing a high standard of quality. It has also shown a high potential in improving trade relations between regions such as China and the ASEAN nations, as well as a means of tracking commodities and ensuring quality. The impacts are massive, ranging from government level to daily transactions. We are committed to following the latest trends, so follow us to keep up to date on the applications of blockchain on the trade industry.
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Trade
UPS and HerdX Ship Beef to Japan Using Blockchain
A shipment of beef was tracked using blockchain, from Kansas to a Tokyo steakhouse. This endeavour was a result of…
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Trade
US Food Group Topco to Test Mastercard’s Blockchain
Topco is America’s largest retail food group purchasing organization (GPO). With a focus on ethical food origins, Topco will use…
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Trade
Blockchain to Help Fight Against Blood Diamonds in Congo
Blockchain’s application in global supply chains could prove the provenance of goods and protect low-paid and often exploited workers. In…
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Trade
GS1 creates a blockchain-based scheduling platform for the supply chain industry
The global food trade has been estimated at $1.5 trillion. With the world population expected to reach 10 billion by…
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Trade
‘BioTokens’ for a sustainable development – an Australian initiative
[NEWS 🔊] The Commonwealth Bank of Australia is developing 'BioTokens' aimed at promoting diversity. The blockchain prototype is expected to…
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Trade
Power Ledger Successfully Trials P2P Energy Trade in Japan
[NEWS 🔊] Power Ledger and KEPCO are taking P2P energy trading to Japan. 💥 A blockchain-based platform will facilitate trading…
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Trade
IBM’s New Blockchain Platform: Trust Your Supplier
[NEWS 🔊] IBM continues to break ground in enterprise blockchain! 💥 Tailored for supply chain management and supplier verification, IBM…
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Trade
Bumble Bee Foods and SAP To Track Tuna Using Blockchain
[NEWS 🔊] From ocean to table, BumbleBee and SAP will leverage blockchain in the tuna supply chain. Consumers can now…
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Trade
Ford Motor Company Uses Blockchain To Ensure Ethical Sourcing of Cobalt
To "help ensure transparency around the materials going into our consumer goods,” Ford Motor Company will use blockchain to ensure…
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Trade
Zim, Israel’s Leading Cargo Shipping Firm, Opens Blockchain Platform to All
After successfully delivering electronic bills of lading using blockchain, Israel's leading cargo shipping companies is opening their blockchain platform to…
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