Sweetbridge: Supply Chain/Blockchain Friday Wrap — Week ending 17 August 2018
The transformative power of blockchain comes through the unique combination of its differentiating features and characteristics. As the technology matures, businesses in almost every industry are exploring how to capture new opportunities.Here is a round of supply chain on the blockchain news this past week!Global Blockchain Announces Dubai-Based Subsidiary to Develop Distributed Ledger (Blockchain) Technology Services and Solutions Within the DMCC Free Trade ZoneAfter a due diligence process conducted by the Dubai Multi Commodities Centre (DMCC), a Government of Dubai entity, Free Trade Zone Authority — GLOBAL BLOCKCHAIN TECHNOLOGIES CORP is pleased to announce that its Dubai-based subsidiary Blockchain Technologies DMCC (BTD) has been officially licensed to develop software. Which includes blockchain technology services and solutions within the DMCC Free Trade Zone. The DMCC Free Trade Zone is home to over 15,000 multi-national corporations and has over 60,000 employees from 170 countries worldwide.Click for source of photoBTD is now in a position to offer blockchain based infrastructure, middleware and other ancillary services to the DMCC Free Zone and customers throughout the Middle East region, who can now partner with BTD to take advantage of the United Arab Emirates’s strategy to accelerate the development of blockchain technology.Thinfilm and Clause Collaborate to Deliver NFC Technology to Blockchain Smart Legal ContractsThrough the collaboration, Clause and Thinfilm will use NFC to facilitate the pairing of physical goods to digital contracts through the tap of a smartphone. The resulting connection will deliver key functional and efficiency improvements for customers across the Clause “connected contracting” platform, including contract creation and management, supply chain administration, and invoice/payment automation.Click for source of photoThinfilm will integrate Clause’s connected contracting solution with the CNECT™ Cloud Platform, making it available to existing and prospective customers interested in “smart” legal contracts. Thinfilm will feature as one of the first integrations on the Clause platform. The unique relationship with Clause represents a key step forward in Thinfilm’s efforts to further extend its CNECT Cloud Platform and strengthen its supply chain offering.Blockchain Taskforce to Enable Food Tracking Using Blockchain Technology, Says Bitange NdemoKenyans will soon be able to track the origin of their food using blockchain technology. The taskforce is working with multinational technology company IBM on a project that will enable Kenyans to find out whether the food they purchase is organic or not and how long it has been in the market which, they want to attain this goal by the end of this year.The ability to track food from its origin will enable consumers to know that the food they are eating is healthy and that it was handled in the right manner. This is especially essential now when Kenya is grappling with mishandled sugar that was not imported according to the set guidelines. As a result, this case emphasizes the importance of food safety, which if not monitored, can lead to foodborne diseases and sometimes even death.Blockchain is best for SunMoonInternational fresh produce distributor-marketer SunMoon Food Company will be applying blockchain technology to its global supply chain platform. It aims to reap the benefits of food safety, data transparency through product traceability, the tracking of movement product flow and movement of goods.The blockchain technology will potentially bring more distributors around the region to join SunMoon’s network and also encourage B2C consumers to buy more SunMoon fruits and products as customers are better assured of their origins and quality.Verses sets up blockchain-based property rights in augmented realityVerses has launched a protocol for virtual and augmented reality to help people establish ownership of virtual real estate, 3D space, and other goods in the virtual world. The company likes to refer to this idea of owning things within the virtual world as Web 3.0.Click for source of photoJust as websites have a proprietary address, Verses is using blockchain technology to identify specific 3D spaces in augmented reality. That allows people to own parts of the virtual world. The protocol lets people apply to augmented reality the same ownership principles that we have in the physical world, such as owning the land on which a house is built or owning a website.Paragon Partners With Civic Technologies to Deliver Transparency, Digital IDs to Cannabis IndustryParagon, a blockchain company that develops seed-to-sale tracking solutions for the marijuana industry, is joining hands with Civic Technologies Inc., a digital identity firm, to bring secure and trusted identity services to Paragon’s digital community. Customers can now provide their state-issued IDs or driver’s licenses to verify their identities on Paragon, making it even more accountable to government regulations and bolstering compliance with the platform’s age regulations.Click for source of photo“By using ID verification, we’re holding users accountable, which brings an added level of transparency and trust to the industry. The ability to easily identify yourself through Civic provides easy access to our users in situations such as age verification at a dispensary. What we’re doing is providing a safe and reliable platform to ensure that every user in the supply chain, from the cultivators, to the labs, to the manufacturers, etc. are being honest about their products and services, thereby bringing ease to consumers, doctors and the government,” said Jessica VerSteeg, Paragon’s CEO.Want to know more about Sweetbridge?Sweetbridge is an open-source project unlocking the value trapped in assets, payment delays, and corporate talent. Our Blockchain-based ‘tools for commerce’ help companies, countries and individuals to find a better way to trade and innovate.To join the movement go to https://sweetbridge.com/crowdsale and click “Register Now”.Join our discussion in Sweetbridge telegram channel to learn more about Sweetbridge and its products.Twitter | LinkedIn | Facebook | Telegram | Reddit | InstagramSupply Chain/Blockchain Friday Wrap — Week ending 17 August 2018 was originally published in Sweetbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.
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