Nike and Macy’s take part in Auburn University blockchain trials

Auburn University’s RFID Lab has developed a blockchain platform for retailers who can share their product data across the retail supply chain, with major apparel brands like Nike and Macy’s, along with other brands, participating in a recent trial of the new platform.

According to a study called the Chain Integration Project (CHIP), Nike, Macy’s and other brands ran Hyperledger Fabric nodes on a part of their major supply chains, eventually finding out that the blockchain...

R3 paints optimistic look on enterprise blockchain adoption as companies become ‘smarter’

A new report from R3 paints an optimistic picture for enterprise blockchain initiatives, with companies learning more around how the technology works and delivery increasing.

The report, titled ‘Blockchain: 2020 Vision’, argues that delivery issues, rather than disillusionment, led to the slowdown. In other words, putting these things together takes time; companies who have been working on privacy, performance, and enterprise integration in 2018 and 2019 will see success in...

John Calian, SVP, Deutsche Telekom: How blockchain brings trust to the emerging M2M economy

“Think about all of your interactions, whether it’s humans dealing with humans or humans dealing with machines,” John Calian, senior vice president and head of T-Labs at Deutsche Telekom, explains. “How do you trust things?”

The concept of trust, so central to the rise in blockchain technologies, is one where consumers are increasingly gaining power. But there is a long way to go. A report from the NYU Stern Center for Business and Human Rights in September predicted...

Neogen partners with Ripe.io to assess blockchain for food safety and animal genomics

International food safety firm Neogen Corporation has partnered with Ripe Technology (ripe.io) to implement the latter’s blockchain technology in food safety diagnostics and animal genomics.

Blockchain has the ability to significantly revolutionise the food and livestock industries, the companies believe, as the technology could be used to create the history of products and animals as they go through their entire production cycles.

John Adent, CEO of Neogen, said:...

Most supply chain blockchain initiatives to remain pilots until at least 2022, warns Gartner

The latest study from analyst firm Gartner argues that 80% of supply chain blockchain projects will remain either proof of concepts (POC) or pilots through 2022.

The study, titled “Leverage Blockchain Developments as Catalysts for Strategic Technology Planning Across the Supply Chain”, notes that early blockchain pilots for supply chain pursued technology-oriented models that have been successful in other sectors, such as banking and insurance, is the main reason for the...

World Economic Forum launches self-service blockchain track and trace platform

The World Economic Forum (WEF) has announced the launch of the first neutral and public traceability platform that is capable of visualising blockchain-based supply chain data from multiple organisations and sources. The platform has been developed to assist businesses across industries address the consumer demands for ethical and sustainable products.

Until today, before the launch of the WEF platform, organisations have published this kind of data by themselves or depended...

From bean growing to bean counting: Farmer Connect launches coffee provenance app with IBM blockchain

CES Farmer Connect, a startup which aims to tackle traceability in the farm-to-fork journey though IBM’s blockchain, has announced the launch of a new consumer-facing provenance app.

The app, called ‘Thank My Farmer’, will allow coffee drinkers to trace their coffee, as well as support the farmer who grew the beans. It will pull information directly from the blockchain – in this instance the same technology behind IBM Food Trust – to present information around...

Fiat Chrysler and Glencore join responsible sourcing blockchain network

Fiat Chrysler Automobiles (FCA) and mining firm Glencore have become the latest entrants to join the Responsible Sourcing Blockchain Network (RSBN), an industry collaboration which uses blockchain technology in order to support sustainable, responsible sourcing and production practices from mine to market.

According to Fiat Chrysler, the company will jointly work with the network for the launch of a global audit and trace of cobalt in its supply chain. By 2022, the automaker is...

Juniper: Blockchain will save the food industry $31bn by 2024 – thanks to IoT convergence

Where some analysts take a bleak view of blockchain, Juniper Research is much more optimistic regarding the technology. The company's latest viewpoint argues that blockchain technologies would save the food industry $31 billion by 2024.

The figure comes from various hypotheses, the primary of which is blockchain's burgeoning relationship with Internet of Things (IoT) technologies. The use of IoT sensors and trackers will reduce retailers' costs by streamlining supply chains....

Thailand considers using blockchain technology to prevent VAT fraud for oil exports

A number of government departments in Thailand are turning their head towards blockchain technology for the oil industry, recent reports argue.

As reported by Ledger Insights, Thailand’s Excise Department has announced its partnership with Krungthai Bank in order to make use of distributed ledger technology for tax refunds to oil exporters and also prevent VAT fraud in the country.

By making use of blockchain, the excise department will have a clearer picture of the...