Sweetbridge: Supply Chain/Blockchain Friday Wrap — Week ending 31 August 2018

  • Friday, 31 August 2018 09:01
A lot of people are talking about blockchain technology these days. Some may have even found success with pilot projects, deploying blockchain on different business functions such as finance, human resources, and most importantly, supply chain.Here are some highlights of supply chain on the blockchain this past week. Each week is getting more exciting!Tjoapack partner with Veratrak to launch first live blockchain toolGlobal Contract Packaging Organisation (CPO), Tjoapack, has partnered with UK-based technology company, Veratrak, to establish the use of blockchain across the pharmaceutical industry.Tjoapack is an independent contract packager of medicines, servicing clients across five continents and 42 countries. While Veratrak is a London based company focused on developing technologies that will support secure data collaboration within the pharmaceutical supply chain.Click for source of photoThe partnership will include a number of projects that focus on using the properties of blockchain to enable transparent collaboration across multiple pharmaceutical supply chain partners, reducing service lead times, and driving information sharing through a secure digital chain.Kenya Is All Set to Launch Its First Blockchain CryptocurrencyKenya is preparing to launch its first ever blockchain based cryptocurrency called TMX Global Coin. It is believed that the technology is going to save the logistics business in Africa from the problems they are currently facing in the import and export sectors.Click for source of photoAnthony Njoroge, CEO of TMX believes that blockchain can resolve the most pressing issue they have in the import and export sectors which is the loss of property. Also resolving other issues plaguing the industry, such as lack of accountability, corruption and illicit trade.BanQu Launches Trailblazing Partnership with Anheuser-Busch InBev to Revolutionise Supply Chain Transparency in ZambiaBanQu has developed the first ever, blockchain economic-identity technology solution that enables a secure, immutable platform and creates economic opportunities for small-scale farmers in Africa.Click for source of photoThe partnership is focused on creating transparency and traceability in the cassava crop value chain by providing economic empowerment to 2,000 of the region’s small-scale farmers.Alibaba, Ant involved in rice traceability blockchainThe Wuchang Municipal Government has announced a partnership with Alibaba subsidiaries Tmall, Rookie and Ant Financial Group to help track and authenticate Wuchang rice.Every bag will have a unique identity code which stakeholders can scan to find out the rice’s origins and what seeds and fertilizers are used. This should assuage the concerns of the quality inspection department of Wuchang City that lower quality rice is either being blended with Wuchang rice or outright sold under the Wuchang brand.Japan’s Ministry of Economy and IT Giant NTT Data Collaborate on Blockchain-Based ProjectThe New Energy and Industrial Technology Development Organisation (NEDO), Japan’s largest public body that promotes the research and deployment of emerging technology in the key sectors of industrial and energy, is working on a new information sharing system that utilises blockchain technology.Click for source of photoNEDO is collaborating on the project with NTT Data, a leading IT company in Japan. The project falls under the Development of Infrastructures for Creating New Industrial Models Utilizing IoT. It aims at establishing a digital infrastructure system that will enhance the process of sharing logistics data between port authorities, shipping companies, insurance companies, banks, and brokerage operators.Herbert Smith Freehills joins forces with IBM and Data61 for blockchain projectLeading law firm Herbert Smith Freehills has teamed up with the CSIRO’s Data61 and tech giant IBM to create Australia’s first cross-industry, large-scale blockchain.Click for source of photoThe project, named the Australian National Blockchain (ANB), will support smart contracts, where a computer protocol facilitates and enforces the enactment of a contract without the need for human involvement. Companies and organisations will be able to exchange data and conduct deals digitally.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 31 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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