To quote FedEx CEO, Frederick Smith — “Blockchain is the next frontier that’s going to completely change worldwide supply chains.” We are sharing with you some juicy tidbits happening surrounding supply chain on the blockchain this past week!Blockchain applications are the real deal for supply chain managementMark Smith, CEO of blockchain development company Symbiont said “I think supply chain is going to be the first, if not near the first, to really show the value of blockchain. There aren’t any regulatory questions in supply chain management that you have to deal with.”Even CISCO stopped researching blockchain applications in financial services after 18 months in May. Instead, they have started investigating on blockchain applications in the supply chain management.Reference: cnbc.com/ref3ATA speakers: The future of supply chains and why blockchain is a team sportFedEx Freight VP for strategic planning and support — Dale Chrystie said, “We believe there will be no ‘winner,’ there will be multiple blockchains, and we need to play in a interoperable world. Think of this as a big secure database, with a big secure search engine on top.”Reference: freightwaves.com/news/ref7Under Pressure to Tighten Supply Chain, Drug Companies Look to BlockchainDrug companies are looking towards the blockchain as an answer to the need to tighten pharmaceutical supply chain, help them comply with the regulations, and keep drugs from falling into the wrong hands.AmerisourceBergen Corp. and Merck & Co. Inc. plan to expand a test project tracking the ownership of drugs moving through the health-care supply chain.Reference: blogs.wsj.com/ref5Gold Market Dreams of Blockchain Supply Chain by Next YearThe London Bullion Market Association hopes to track $200 billion global supply chain using blockchain technology by year 2019. While markets for other goods have considered tracking solutions that use blockchain, few outside the diamond industry have actually implemented. No decisions have been made by LBMA yet, wanting to get it right — do something efficient, practical and credible.Reference: bloomberg.com/news/ref4Jettainer Launches Think-A-Thon at transport logistic China 2018Jettainer, a wholly owned subsidiary of Lufthansa Cargo AG, launched a Think-A-Thon at Transport Logistic China 2018 in May and summarised it in Global Trade Mag. A thinking marathon with the aim to search for new approaches for the application of blockchain technology in global supply chains in the international industry platform.“Blockchain technology is predestined to optimize processes along the supply chain,” said Carsten Hernig, Managing Director of Jettainer GmbH. “We are still at the beginning, but it is already extremely exciting. We hope that the cooperation with the students will give us a fresh look and many creative ideas that will help us to develop concrete applications.”Reference: globaltrademag.com/ref6Subway Jumps on FoodLogiQ Supply Chain PilotThe popular Subway sandwich chain joins FoodLogiQ on a pilot initiative to test how the application of blockchain technology can raise transparency in the food industry. FoodLogiQ is partnering with Subway, AgBiome Innovations, Testo, Tyson Foods and others in the project, which is set to kick off in Q3 of this year.Reference: the-blockchain.com/ref2First Socially Responsible Supply Chain Based Blockchain Platform To Add AI Layer for AccountabilityNamahe — a fintech start up, goes a step beyond the simple recording of supply chain information on the blockchain for transparency with the usage of advanced machine learning and AI from its partner Adqura — a leading provider of real time decision making tools and solutions. The AI will determine whether the error detected is just random or a fraud attempt, and will gain accuracy and efficiency as it automatically fine tunes itself and evolve.Reference: coinidol.com/ref8To join the movement and buy your Sweetcoin, go to https://sweetbridge.com/crowdsale and click “Register Now”.Want to be the first to use Sweetbridge?Join our alpha program to get access to a test version of the Sweetbridge Wallet and help us make it even better. Sign up at https://bit.ly/sweetbridgealphaSupply Chain / Blockchain Friday Wrap — Week ending 8 June 2018 was originally published in Sweetbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.