Supply Chain News

German-based Automobile Mercedes-Benz has added supply chain management as a frontier it intends to integrate blockchain in. 

The Cardano Foundation is developing a blockchain-based supply chain traceability solution for the Georgian wine industry. The project aims to tackle wine counterfeiting by storing the details of thousands of wine bottles on the blockchain and consumers will be able…

Circularise and ten other firms are trialing blockchain technology for sustainable certification.

Blockchain technology is an open, shared ledger system that makes transaction authentication very safe and reliable. As materials, goods, components, and funds move through the manufacturing supply chain, blockchain technology can be used to make the process more transparent, scalable,…

Ernst & Young, a member of the Big Four accounting and consulting firms, has launched a blockchain-based supply chain manager for the Polygon network that aims to eliminate bottlenecks in the tracing of products as they reach the market. A…

Lives are saved or lost with medical supplies. Do we have enough of the antibiotics and vaccine we need and have they been stored correctly so those medicines will still work? Are our records accurate? IoTeX, a company that combines…

The UK-based multinational bank Standard Chartered has established a joint venture with Chinese supply chain finance technology company Linklogis to create a blockchain-based trade finance platform. Blockchain Trade Finance Venture in Singapore Standard Chartered made the announcement in a press…

India’s government e-marketplace (GeM) is mulling embracing blockchain technology by running a pilot project to distributed vaccines, medicines. India’s GeM Integrates Blockchain Technology The adoption of distributed ledger technology (DLT) continues to flourish at a rapid rate in India as…

IBM blockchain and non-profit Heifer International are teaming to help small-scale coffee farmers in Honduras get better access to markets. IBM Blockchain and Heifer to Improve Coffee Supply Chain Smallholder coffee and cocoa farmers and their cooperatives in Honduras are…

Indian IT giant Tech Mahindra has joined forces with Singapore and Hyderabad-based ditital supply chain solutions provider StaTwig to implement ‘VaccineLedger’ across the globe. Tracing Vaccine Provenance with Blockchain According to a report by The Business Line, major Indian IT…

Spanish seafood company Nueva Pescanova has partnered with IBM to utilize the latter’s blockchain-based solution, Food Trust platform, to trace seafood products across the supply chain.  Tracking Seafood Supply Chain with Blockchain Technology  IBM announced the collaboration in a press…

Norwegian firm, Hydro, has adopted the “Tag.Trace.Trust.” traceability blockchain solution co-developed by VeChain (VET) and DNV. Hydro aims to use the distributed ledger technology (DLT) solution to prove to its clients that its aluminum is produced in accordance with sustainable…

Marubeni has inked a partnership deal with Circularise in a bid to tap the latter’s distributed ledger technology (DLT) solution for the tracking of materials in its chemicals and plastics supply chain and ensure its partners adhere to sustainable practices,…

Swedish automotive brand Polestar is utilizing blockchain technology to ensure traceability and transparency for cobalt in its batteries. Using Blockchain for Cobalt Tracing According to The Next Web on Monday (Feb. 8, 2021), Frederika Klarén, the head of sustainability at…

Rio Tinto has announced the launch of a distributed ledger technology (DLT) powered solution dubbed START. The firm says START is designed to foster responsible and sustainable aluminum sourcing, according to a Ledger Insights report on February 3, 2021. Fostering…