Walmart to Require Produce Suppliers to Deploy Block-chain Technology

United States Retail powerhouse WalMart and its division Sam’s club which is a membership-only retail warehouse club will require its leafy greens suppliers to put in place a farm to store tracking system based on blockchain technology. The end to…

Iceland Soon to Shift from Crypto Mining to Pure Blockchain Business According to Insiders

The small country of Iceland is on the news again. After the county went onto the spotlight two years ago after a dominant display by the Men’s football national team at the FIFA Euro 2016 grand stage and subsequently at…

Us Navy Looks To the Blockchain to Enhance the Tracking of Aviation Parts

Blockchain technology is currently being looked into by the United States Navy Naval air systems command (NAVAIR) for tracking aviation parts throughout its lifecycle. For NAVAIR, there is a big need to change the way it tracks the lineage of…

Thailand Is Becoming a Hub for Blockchain and Crypto Technologies

While regulators in countries such as the United States are still scratching their heads on the issue of cryptocurrencies, the Thai government has already drawn a detailed plan of how they will set up their own central bank digital currency.…

Standard chartered bank partners with Siemens on a blockchain based pilot test seeking to completely digitize bank guarantees

International banking giant Standard Chartered is reportedly partnering with the financial arm of tech manufacturing giant Siemens I a pilot project geared towards putting bank guarantees for trade finance on a blockchain. A report from IBS intelligence revealed that the…

Red Hat Turns to Blockchain Technology to Help Track Software

The blockchain system seems to be percolating into different industries every day. This is after cloud computing giants Red Hat was reported to be looking to incorporate blockchain technology in their operations. Red Hat is reportedly looking to the blockchain…

Giant automakers form blockchain consortium

There’s a now a blockchain consortium for the automobile sector. The Mobility Open Blockchain Initiative (MOBI) has been formed, with participation from giant automakers BMW, Ford, General Motors (GM), and Renault. The automotive sector is clearly the next frontier for…

Alibaba pilots blockchain-powered food supply chain tracking solution

Chinese e-commerce giant Alibaba is piloting a blockchain-based solution to track supply chain of their food division, to combat food fraud. The pilot is being done by the company’s Australia and New Zealand branches. Food fraud is a common criminal…

Cardano Blockchain to help coffee-growers in Ethiopia for coffee export

Innovative blockchain-based start-up Cardano has signed a memorandum of understanding (MOU) with the Ministry of Science and Technology of the government of Ethiopia, for agri-tech development using the promising distributed ledger technology (DLT). The MOU has special focus on coffee…

MasterCard intends to patent technology for easier activation of new blockchain nodes

American multinational financial services giant MasterCard has filed a patent for a technology solution that will expedite the activation of new nodes on a blockchain. The patent was filed on October 2016, and the US Patent and Trademark Office (USPTO)…