Tag Archives: Blockchain technology

Carrefour Launches A Blockchain Platform To Trace Milk Product

The French retail giant Carrefour is unveiling a Blockchain platform that its customers can use to trace information about milk products. This comes following growing concerns of the quality of milk products among some clients. Launching The Carrefour Quality Line (CQL) The milk products will contain QR codes packaging that the Carrefour customers will be able to […]

EY Hires A Former PwC Blockchain Principle

The Big Four Consulting firms in the US are set to take their rivalry contest a notch higher after EY hired Grainne McNamara who has served as a former PwC Blockchain principal. This means that EY would have the capacity to offer consultancy services to startups and establishments aiming to adopt Blockchain technology. Blockchain technology […]

Emmanuel Macron Endorses Blockchain Adoption At EU Level

The President of France, Emmanuel Macron, is calling for the adoption of Blockchain technology in the European Union food supply. In particular, he is advising the EU government to facilitate the application of Distributed Ledger Technology in bringing transparency to the agriculture industry by enhancing food traceability. Macron was speaking during the 56th International Agricultural […]

Mercedes Benz Supply Chain To Be Based On Blockchain Technology

Mercedes Benz will be managing its auto parts supply chain on a Blockchain network. The DLT, which is in its prototype phase, has been developed with the technical input of Icetris and it will also enable the German car maker to fight the use of counterfeit parts on their cars. This move will make Mercedes […]

HSBC Conducts Blockchain-Based Forex Trade Worth $250bn In 2018

The HSBC Bank based in London has used Distributed Ledger Technology to complete Forex trading transactions worth over $250 billion. The report, therefore, shows that the London-based bank is a leader in adopting the emerging technology that is yet to be embraced on a large scale across industries in the world. The significance of this […]

NASA Is Proposing A Blockchain-Based Air Traffic Management

According to RT, the National Aeronautics and Space Administration (NASA) is exploring opportunities and risks of launching a Blockchain technology platform to control and manage air traffic. If the proposal is adopted, experts believe that NASA will be able to develop a blockchain-powered infrastructure to manage air traffic operations. The new platform will proffer maximum […]

Blockchain Modernizes Patient Data Management And Research Funding In Medical Industry

The Health Sector is one of the major beneficiaries of the ever-growing Blockchain technology. According to a Cointelegraph report, Distributed Ledger Technology is increasing funding for medical research while modernizing the handling and coalescing of patients’ data records. Improving these two areas collectively overhauls the health sector by leading to better healthcare delivery through data-driven […]

5 Ways Cryptocurrencies Are Making the World a Better Place

Over the last three years, cryptocurrencies have made dramatic changes in the world. Governments and corporations that initially warned their clients about investing in cryptocurrencies now embrace them. Some have even created their digital currencies and blockchain networks to enhance their operations. It is no secret or difficult to see that cryptocurrencies are making the […]

What Is An ICO?

Initial Coin Offering (ICO) can be defined as the creation and sale of digital assets. During an ICO, a given amount of digital tokens is made available to the public. In most cases, the public buys the ICO tokens using other major virtual currencies such as Bitcoin and Ether. ICOs have emerged as the most […]

US DoD Is Investigating The Impact Of Blockchain Application In Its Supply Chain

The US Department of Defense (DoD) has convened a two-day seminar to investigate the role of Blockchain technology in its US Defense Logistics Agency (DLA). The DLA is an organization that is responsible for managing the supply chain of some federal agencies, the military, and even some foreign US allies in NATO and beyond. The […]
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