Walmart Canada and DLT Labs come together for blockchain-based freight and payment network

Walmart Canada has introduced a blockchain-based freight and payment network, which uses DLT Labs’ supply chain platform ‘DL Asset Track’.

The network helps in tracking deliveries, verify transactions, and automate payments and reconciliation among Walmart Canada and its carriers that deliver inventory to over 400 retail stores across the country every year.

The freight and payment network manages, integrates, and synchronises all the supply chain and logistics...

SecuX launches crypto POS payment ecosystem to complement hardware wallets

Meet SecuX. The company, a provider of blockchain-based security solutions based in Taiwan since 2018, has expanded its offering with the launch of a cryptocurrency point of sale (POS) payment ecosystem.

The launch, which was made exclusively at Blockchain Expo North America yesterday, means the company moves beyond its previous product line around hardware wallets. Attendees were able to see a demonstration of the POS system and how users can pay using the app on either vending...

MPC Alliance launches to further multi-party computation message

Consortia are increasingly being seen as the way forward when it comes to true consensus across adoption of blockchain technologies – and the newly-launched MPC Alliance can be seen as the latest example.

The Alliance, which makes its public debut at the Blockchain Expo North America event today, focuses on ‘improving the security and privacy of personal and professional data through the application of privacy-preserving secure multi-party computation (MPC)’, in the...

Hyperconnected supply chains: IBM’s Pramod Achanta on blockchain teamwork

For those who regularly study blockchain technologies and the impact they are having on business, the change to supply chains across various industries is inarguable. The combination of creating efficiency, as well as transparency, is an irresistible story – as IBM will be happy to tell you.

Take shipping as a key example. Shipping is an industry where the value of distributed ledgers is rapidly being realised, with good reason: from sender to receiver, and from shipper to...

Q&A: Dale Chrystie, FedEx: On building the ‘big global village’ for blockchain development

In April this year, Rob Carter, the CIO of courier giant FedEx, argued that, for all of the hype and projects related to the blockchain industry, a need for collaboration is vital. Take the fledgling rail industry in the United States in the 19th century as an example; only an act of Congress in 1863 forced through the adoption of an industry-standard gauge, enabling unified development.

For blockchain technologies, Carter argued, a similar initiative needs to take place. Given...

Oxfam works on blockchain pilot for farmers in Sri Lanka

Oxfam, along with leading insurer Aon and insurtech startup Etherisc, announced it has successfully completed the first phase of delivering a blockchain-based microinsurance to smallholder paddy field farmers in Sri Lanka.

According to the companies 200 farmers, who were at risk of losing their crops due to extreme weather, enrolled for the programme, which made payouts to them in the initial stage.

After tasting success in the first phase, the companies will proceed...

Volvo joins responsible sourcing blockchain network with focus on digital supply chain for cobalt

Blockchain network Responsible Sourcing Blockchain Network (RSBN), has announced that its digital supply chain for cobalt has moved the pilot phase and is progressing toward use in live production computing environments starting in spring 2020 – with Swedish automaker Volvo as its newest recruit.

RSBN, built on the IBM Blockchain Platform and assured by RCS Global Group, will have continued participation from founding members including Ford Motor Company, Volkswagen Group, LG...

Juniper predicts blockchain-based B2B cross-border payments to surpass $4.4 trillion by 2024

A new report from Juniper Research has argued the total value of B2B cross-border payments immutably stored on blockchains will hit $4.4 trillion (£3.41tn) by 2024 – and ranks IBM as the primary vendor.

The report, titled ‘Blockchain: Key Vertical Opportunities, Trends & Challenges 2019-2030’, also noted blockchain will help financial institutions save $7bn by the same year, due to the automation of ‘know your customer’ checks, allied to the involvement of...

Getting the ball rolling for enterprise blockchain: How Hyperledger sees the route to success

If you have ever been involved in any enterprise software procurement project, you will be more than aware of the time it takes to get things done; the peaks, troughs and sometimes interminable delays.

The hidden gotchas are always there too. Take the headline of an article by ThoughtWorks’ George Earle in 2017: “The tyranny of big suite enterprise software best practices: How decisions made 40 years ago straightjacket you today.”

Daniela Barbosa (left), VP of...

æternity collaborates with Microsoft to support blockchain startups in Malta

æternity has collaborated with Microsoft Innovation Center (MIC) to support the growth of blockchain technology in Malta.

For this purpose, æternity’s investment arm, AE Ventures, and Microsoft will host regular blockchain events locally to promote the country’s position as a friendly jurisdiction for blockchain businesses to launch and incorporate.

The first event hosted by the companies will be a week-long intensive training programme for blockchain startups in...