A Month Ago

The International Chamber of Commerce (ICC) was set up after WWI, in 1923, to help make global trade more efficient. It has signed an agreement with a Singapore-based business Perlin to use its Blockchain expertise.

John Denton, the ICC’s current secretary general, before his appointment said. “We think this might be one which we can look back on in 100 years and say the ICC shifted blockchain in a way that enabled the private sector to function more effectively in a sustainable way and actually create more opportunities for people.”

Bold words about a technology with challenges of scalability and adoption? However, with multinational corporations like Coca Cola, McDonalds and Amazon as members of the, along with its 45 Million other companies in over 130 countries, the ICC has the global reach to raise Blockchain’s profile.

The ICC is thought to be looking to use Blockchain technology to help with cross-border transactions, traceability and transparency of goods, and to improve the efficiency of how supply chains function.

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https://www.forbes.com/sites/michaeldelcastillo...5442b97f5f

2 Months Ago

Marseilles, the Mediterranean’s second busiest port and Frances largest, is using Blockchain technology to improve the efficiency of its supply chains and the way it handles freight and goods, looking at how it can make better use and share data in a highly secure manner. 

A number of ports are now using Blockchain technology, IBM and Maersk have a system that involves a number of organizations that are able to track in real time shipping data and shipping documentation. 
Meanwhile, Rotterdam, Europe’s largest port, has a Blockchain initiative with bank ABN Amro and Samsung as they look at how to make the shipping of containers more efficient. Currently, there is an average of 28 different organizations involved in transport of one container from China to Europe. 
Shipping containers account for over 66% of all goods transported globally and the items they transport are valued at over $4 trillion worth of goods p.a. so efficiencies can make a huge impact. 

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https://bitcoinexchangeguide.com/french-governm...ics-pilot/
Alibaba, the world’s biggest FinTech company, which is capitalized at over $453Billion is planning to use Blockchain and Internet of Things (IoT) for its vast international logistics and supply chains.

Alibaba has been experimenting with Blockchain for a while with its Food Trust Framework as it tries to improve transparency, help customers track goods and ensure their authenticity. Using QR codes customers will be able to scan a good and have greater certainty over a product's provenance.

Given Alibaba’s distribution and financial clout, one wonders how long it will be before they launch the AliCoin as a possible way to encourage and reward customers in some form of loyalty scheme. An AliCoin could then be exchanged for goods and services as Alibaba continues its expansion into banking and financial services with Alipay.

 

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https://www.businesstelegraph.co.uk/alibaba-loo...nge-guide/
Accenture announced a new blockchain supply chain initiative to encourage farmers to be more sustainable and enable customers to have greater visibility of where and how products are grown.

Because Blockchains create a record of events that cannot easily be altered by a third party it allows one to track produce have come from, a feature that Everledger have been using for a couple of years to track diamonds, who are also part of this new initiative.

Tara Nathan, executive vice president, humanitarian & development at Mastercard “The purpose of blockchain is to enable corporate customers, governments and non-profits to monitor small farmer activity and address “accountability, waste and information transparency.”

Increasingly organizations are being challenged as to where they are sourcing their supplies- Pacifical uses a Blockchain to track tuna fishing TheGoodChain launched with very similar functionality to reward farmers, backed by ScanTrust and Cambio Coffee.

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https://www.forbes.com/sites/leslieankney/2019/...41d0971f81

3 Months Ago

The FDA has launched a new pilot programme to be able to track-and-trace medicines by 2023 electronically and keep falsified drugs out of the US medical supply chain.

The FDA have recruited Frank Yiannis, who had been at Walmart and helped them introduce blockchain to improve fruit and vegetable safety and Walmart’s ability to track and prove produce provenance.
 
The FDA said “For the drug track-and-trace system, our goals are to fully secure electronic product tracing, which provides a step-by-step account of where a drug product has been located and who has handled it. The aims are also to establish a more robust product verification to ensure that a drug product is legitimate and unaltered and to make sure that any party involved in handling drugs in the supply chain have the ability to spot and quarantine and investigate any suspect product”

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https://www.btcwires.com/c-buzz/blockchain-to-b...y-the-fda/
Inxeption has designed a blockchain-based e-commerce platform for B2B that catalogs and digitizes product information.

It integrates product design, manufacturing, and supply chain to help companies sell products online, either for the first time or in a scalable, smarter way. UPS and Inxeption will work together to develop new shipping solutions. The platform also features real-time analytics so customers can monitor online sales, and receive real-time order status, and security notifications.

“Inxeption’s technology is attractive to UPS because it helps unlock new efficiencies for customers using B2B e-commerce platforms,” said Kevin Warren, chief marketing officer of UPS. “UPS creates alliances and partnerships to gain market knowledge and position the company as the shipper of choice in e-commerce.”


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https://finance.yahoo.com/news/ups-unveils-equi...ccounter=1