Supply Chain

Cartier Owner Richemont Plans to Track Diamonds With Blockchain

6 days ago admin2 0
Richemont, the Swiss luxury goods giant that owns Cartier, is turning to blockchain in a move aimed to bring transparency to its supply chain. Jin Keyu, a renowned economist and an associate professor at the London School of Economics (LSE) who was appointed by Richemont as a board member last year, said during a speech Read More

Pharma Giant Merck Eyes Blockchain for Fighting Counterfeit Meds

3 weeks ago admin2 Comments Off on Pharma Giant Merck Eyes Blockchain for Fighting Counterfeit Meds
Pharmaceuticals giant Merck is seeking a patent for a way to use blockchain in order to track goods as they move through the supply chain. Published last Thursday and submitted in December 2016, the patent application outlines a method by which a blockchain could be used to store information about a physical object – in Read More

Tradeshift Plans Blockchain Push After $250 Million Funding

2 months ago admin2 Comments Off on Tradeshift Plans Blockchain Push After $250 Million Funding
Supply chain management firm Tradeshift has announced plans to further expand into blockchain following a $250 million Series E funding round led by Goldman Sachs and PSP Investments. The round, which also saw HSBC, H14 and others participate, brings Tradeshift’s total funding to more than $400 million and values the firm at $1.1 billion, according to Read More

SAP to Launch New Blockchain Supply Chain Initiative

2 months ago admin2 Comments Off on SAP to Launch New Blockchain Supply Chain Initiative
Multinational software firm SAP is expanding its work with blockchain into the supply chain space. Torsten Zube, SAP’s blockchain lead, revealed Monday that the company is looking to apply the tech to agricultural supply chains by way of its Farm to Consumer initiative. Companies like Johnsonville, Naturipe Farms and Maple Leaf are working as additional Read More

Australian Government Looks to Blockchain for Trade Modernization

2 months ago admin2 Comments Off on Australian Government Looks to Blockchain for Trade Modernization
Australia’s Department of Home Affairs (DHA) is looking to blockchain technology to provide secure and transparent international trade and supply chain management. The department is hoping to modernize international trade management in the country and is pushing for a pan-governmental framework for emerging technologies, including blockchain, AI and the internet of things, to provide real-time Read More

Jewelers, Diamond Dealers Turn To Blockchain For Increased Transparency, Traceability

3 months ago admin2 Comments Off on Jewelers, Diamond Dealers Turn To Blockchain For Increased Transparency, Traceability
Image: Engagement ring, Pexels A consortium of gold and diamond industry leaders and IBM are launching the TrustChain initiative to trace the provenance and authenticate diamonds, precious metals and jewelry at all stages of the global supply chain, from the mine to the retailer. TrustChain Initiative In addition to IBM, the firms involved in the Read More

MIT-Founded Startup Raises $20 Million for Supply Chain Blockchain

4 months ago admin2 Comments Off on MIT-Founded Startup Raises $20 Million for Supply Chain Blockchain
Eximchain, a supply-chain focused blockchain startup founded in 2015, has raised $20 million from a group of investors. Founded at the Massachusetts Institute of Technology’s media lab, the startup raised the funds to continue developing its own public blockchain – powered by private smart contracts – to provide different solutions for recording, transacting and distributing Read More

Alibaba’s T-Mall Is Moving Cross-Border E-Commerce to Blockchain

5 months ago admin2 Comments Off on Alibaba’s T-Mall Is Moving Cross-Border E-Commerce to Blockchain
Alibaba’s T-Mall e-commerce platform is reportedly adopting blockchain technology in its cross-border supply chain through a partnership with logistics company Cainiao. According to a report by China’s news agency Xinhua Wednesday, the partnership aims to move information on goods for import and export onto a blockchain that can then track their country of origin, shipping Read More

China on a Blockchain? Maybe in 2018

7 months ago admin2 Comments Off on China on a Blockchain? Maybe in 2018
Chun Yin Cheung is a partner in PwC China’s risk assurance practice, based in the Shanghai office, and a committee member of VeChain Foundation. The following article is an exclusive contribution to CoinDesk’s 2017 in Review, and represents the author’s personal view, not necessarily the opinions of his employer. In 2018, I forecast China will surprise the world (again) Read More

No One Should Control the Blockchain Supply Chain

7 months ago admin2 Comments Off on No One Should Control the Blockchain Supply Chain
Samantha Radocchia, Ryan Orr and Maksym Petkus lead development and strategy at Chronicled, a San Francisco startup that leverages blockchain and IoT technologies to deliver smart supply chain solutions.  The following article is an exclusive contribution to CoinDesk’s 2017 in Review. 2017 was a foundational year for blockchain. We saw the emergence of new networks, platforms, strategies and fundraising Read More