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Nueva Pescanova Group Partners With IBM For Supply Chain Traceability

Crypto News Point

Jun 10, 2021
2 min

Nueva Pescanova Group Partners With IBM For Supply Chain Traceability

Nueva Pescanova Group, the Spanish-based seafood firm, has partnered with The IBM Food Trust for supply chain traceability to trace the shrimp and prawns it fishes on the blockchain. It has been reported that the partnership is already underway, with Nueva Pescanova utilizing blockchain technology to track shrimp fishing in Argentina and prawn cultivation in Ecuador. Ignacio González, the CEO of the Nueva Pescanova Group, stated that the traceability platform will help the fi

IBM Partners With Kaya&Kato To Develop Blockchain Network That Tracks Origin Of Fabrics In The F

Crypto News Point

Nov 18, 2020
2 min

IBM Partners With Kaya&Kato To Develop Blockchain Network That Tracks Origin Of Fabrics In The F

IBM has partnered with Kaya&Kato, a textile company that manufactures uniforms and workwear, to develop a blockchain network that tracks the origin of fabrics used in the fashion industry. It has been reported that the new application will allow Kaya&Kato’s suppliers and customers to identify where their fabrics are processed, as well as understand each step of the production and distribution processes. IBM said: “The network is designed to create transparency about the origi

Bank of Thailand Launches World’s First Blockchain-Based Government Savings Bond Issuance Platform O

Crypto News Point

Oct 7, 2020
1 min

Bank of Thailand Launches World’s First Blockchain-Based Government Savings Bond Issuance Platform O

The Bank of Thailand (BOT) has launched the world’s first blockchain-based government savings bond issuance platform on IBM’s blockchain technology. On October 5, it has been reported that within two weeks of the launch, the central bank sold more than $1.6 billion worth of savings bonds. However, the use of blockchain technology is said to have reduced the bond issuance time from 15 days to just two days. The increased efficiency of the process has also reduced operational c

IBM And Maersk’s Global Blockchain Shipping Platform “TradeLens” Continues To Onboard Major New Glob

Crypto News Point

Aug 19, 2020
2 min

IBM And Maersk’s Global Blockchain Shipping Platform “TradeLens” Continues To Onboard Major New Glob

TradeLens, IBM and Maersk’s global blockchain shipping platform, continues to onboard major new global partners. TradeLens is a global supply chain management platform designed for containerized freight and logistics, which was first launched by IBM and Maersk back in April 2018. It works by providing standards-based open APIs that allow supply chain data to be immutably and securely tracked and shared using a permissioned blockchain. It has been reported that Turkish-owned Y

SAGT Joins TradeLens Blockchain Trade Platform

Crypto News Point

Jul 17, 2020
1 min

SAGT Joins TradeLens Blockchain Trade Platform

South Asia Gateway Terminals (SAGT), the first private Sri Lankan container terminal, has joined IBM and Maersk’s blockchain trade platform TradeLens. It is the first terminal in the country to adopt blockchain technology to digitize its trade processes. On July 16, it has been reported in an announcement that Maersk said the collaboration will help SAGT grow past sluggish manual paper-based documentation processes. However, the terminal will be able to easily record informat

Tech Mahindra Launches Blockchain-Based Platform For Media And Entertainment Industry

Crypto News Point

Jul 9, 2020
2 min

Tech Mahindra Launches Blockchain-Based Platform For Media And Entertainment Industry

Indian multinational technology company Tech Mahindra has launched a new blockchain-based digital contracts and rights platform for the media and entertainment industry using IBM Blockchain. The platform is developed using IBM’s blockchain platform, leveraging the open-source Hyperledger Fabric protocol. The platform system aims to help producers and content creators in various arenas such as: efficiently track their revenue royalty payments digital rights [NEWS] Tech Mahindr

Crypto News Point

Jun 15, 2020
1 min

IBM Trials Blockchain Solution For Bangladesh School Teachers’ Pension System

IBM has announced an initiative to build a distributed ledger technology-based architecture to underpin the digital pension system for Bangladeshi primary school teachers. The proof-of-concept comprises a permissioned network of teachers and other stakeholders powered by the IBM Blockchain Platform. The pension information will be uploaded to the blockchain to ensure tamper-resistant record-keeping and offer security assurances to teachers participating in GBB’s e-pension sys

Crypto News Point

May 28, 2020
1 min

India’s Adani Ports Signs Up With Blockchain Shipping Platform TradeLens

Adani Ports and Special Economic Zone Limited (APSEZ), the largest multi-port operator of India has partnered with the blockchain-based supply chain solution platform TradeLens. APSEZ plans to integrate TradeLens’s blockchain solutions across 10 of its major courier management facilities across ports in six Indian states: Gujarat (4 ports in gujarat itself.) Odisha Tamil Nadu Goa Chennai Andhra Pradesh Kerala In a big digitisation push, Adani Ports and Special Economic Zone

Linux Foundation Launches New Data Privacy Project Featuring Cross-Industry Coalition

Crypto News Point

May 6, 2020
2 min

Linux Foundation Launches New Data Privacy Project Featuring Cross-Industry Coalition

The Linux Foundation has announced a new data privacy project featuring dozens of cross-industry giants like Mastercard and IBM. Dubbed as the ToIP Foundation, the new data trust coalition aims to provide a trusted exchange of data over the internet and establish a global standard to ensure digital trust. NEWS: New Trust Over IP (ToIP) Foundation will enable trustworthy exchange and verification of data between any two parties on the Internet: https://t.co/nScOZ3ORh8 @trustov

Crypto News Point

Apr 27, 2020
2 min

Northwell Health Joins IBM’s Rapid Supplier Connect Network For COVID-19 Relief

Northwell Health, the largest healthcare provider and private employer of New York State, has joined IBM’s Rapid Supplier Connect network for COVID-19 relief. IBM’s network is a cloud-based application, which uses distributed ledger technology (DLT) to assist businesses in providing COVID-19 relief supplies to connect with buyers. However, IBM will provide Rapid Supplier Connect free of charge to qualified buyers and suppliers in the United States and Canada until August 31,

Syniverse Universal Commerce – First Blockchain-Based Roaming Solution Developed With IBM Now

Crypto News Point

Apr 8, 2020
2 min

Syniverse Universal Commerce – First Blockchain-Based Roaming Solution Developed With IBM Now

Telecom service provider Syniverse and IBM have developed a blockchain platform for multi-party billing and payments. Syniverse officially launched its blockchain solution Universal Commerce, which is compliant with the new GSMA standards for billing and charging processes. Big news! We’ve teamed with @IBMBlockchain to release the first #blockchain-based #roaming solution designed for the #IoT and new mobile industry billing standard. Learn about Universal Commerce. https://t

World Health Organization To Launch Blockchain Platform On COVID-19 Pandemic

Crypto News Point

Mar 30, 2020
1 min

World Health Organization To Launch Blockchain Platform On COVID-19 Pandemic

The World Health Organization (WHO) has partnered on March 28 with major blockchain and tech companies to launch a distributed ledger technology (DLT)-based platform for sharing data concerning the coronavirus pandemic. The platform, MiPasa, is built on top of Hyperledger Fabric and seeks to enable “early detection of COVID-19 carriers and infection hotspots. MiPasa has been launched in partnership with: Technology company IBM Computer firm Oracle Enterprise blockchain platfo

IBM Food Trust Blockchain Platform Onboards French Manufacturer To Enhance Supply Chain

Crypto News Point

Feb 7, 2020
2 min

IBM Food Trust Blockchain Platform Onboards French Manufacturer To Enhance Supply Chain

IBM Food Trust blockchain platform has onboarded one more French manufacturer seeking to enhance the transparency of product provenance and supply chain. French Food Company Looks to IBM’s #Blockchain Network for Better Sourcing – Cointelegraph https://t.co/HQEN3g2fCx #Tech pic.twitter.com/hdpYBfUz4L — Aleks Kins (@aleks_kins) February 7, 2020 On February 4, it has been reported that the Avril Group, a vegetable oil, eggs, and protein manufacturer, and the owner of brands Ma

IBM Awarded Patent For ‘Self-Aware Token’ To Record Events Of Offline Transactions

Crypto News Point

Jan 29, 2020
1 min

IBM Awarded Patent For ‘Self-Aware Token’ To Record Events Of Offline Transactions

IBM has been awarded a patent for the development of a “self-aware token” designed to record events of an offline transaction. A patent document filed with the United States Patent and Trademark Office describes a system that relates to financial data processing in an electronic currency platform, as well as to processing e-commerce tokens, which have involved offline transactions. To track and record events of offline transactions, the system incorporates a so-called “self-a

Oman’s Largest Port Joins Blockchain Shipping Platform TradeLens

Crypto News Point

Jan 11, 2020
1 min

Oman’s Largest Port Joins Blockchain Shipping Platform TradeLens

Oman’s largest port, Port of Salahah has joined Tradelens, the blockchain-based supply chain platform by shipping giant Maersk and IBM. On Jan. 8 the Times of Oman reported stating that The Port of Salalah handles a record number of 4 million shipping containers per year. Blockchain Shipping Platform For Transparency The port reportedly has joined TradeLens as part of its digital initiative to enhance customer experience while ensuring a global, transparent standard for colla

Singapore Government’s Tribe Accelerator Secures $15.7M For Startups

Crypto News Point

Dec 3, 2019
2 min

Singapore Government’s Tribe Accelerator Secures $15.7M For Startups

Singapore government-backed blockchain platform Tribe has raised $15.7 million for participating companies through its ecosystem. On Dec. 2 a press release was shared by Tribe Accelerator revealing that a total of $28 million has been raised till yet to support start-ups from around the world while attempting to solve real-world problems with blockchain technology. The first group of startups reportedly raised over $12.2 million within three months. Managing partner of Tribe

IBM Files A Blockchain Patent To Prevent Drone-Enabled Package Theft

Crypto News Point

Dec 1, 2019
1 min

IBM Files A Blockchain Patent To Prevent Drone-Enabled Package Theft

IBM files a patent of a system that uses blockchain technology to prevent drone-enabled package theft. On Nov. 12, a filing published by the United States Patent and Trademark Office (USPTO) reveals that IBM will track drone altitude using an Internet of Things (IoT) altimeter, while continuously uploading that data to a blockchain secure platform. Blockchain To Tackle Drone Theft Drones stealing packages in the future might become ordinary in the future. The packages need to

China Outpaces United States In Blockchain Patent Filings Over Three Times

Crypto News Point

Nov 21, 2019
1 min

China Outpaces United States In Blockchain Patent Filings Over Three Times

China has outpaced other countries including the United States in blockchain technology measured by patent applications. On Nov. 20 Japanese newspaper Nikkei reported that Chinese companies submitted around 7,600 applications between 2009 and 2018 — about three times as many as U.S.-based companies. According to a Tokyo-based research firm Astamuse: U.S., China, Japan, South Korea, and Germany together submitted around 12,000 blockchain-related patent applications through 201

What Blockchain Can Do For The Global Supply Chain?

Crypto News Point

Nov 20, 2019
4 min

What Blockchain Can Do For The Global Supply Chain?

A supply chain is the integrated planning and execution of different processes involving material flow, information flow as well as financial capital flow. To be precise, the flow of goods, services, and information from one point to another. The use of blockchain in supply chain management can work as a game-changer by eliminating the vulnerabilities and inefficiencies of the current system. What is a Supply Chain? A supply chain cycle involves raw material delivery from a

Google Quantum Breakthrough Could Improve Proof-of-Stake

Crypto News Point

Oct 24, 2019
2 min

Google Quantum Breakthrough Could Improve Proof-of-Stake

The application of Google’s Quantum Computing Technology could reportedly help to improve the technology which underpins proof-of-stake (PoS) cryptocurrencies. PoS is a type of consensus algorithm where block creators are randomly chosen with a probability that proportional to their stake, while the algorithm of proof-of-work-based digital currencies uses mining. However, the PoS variant has raised doubts regarding the integrity of random selections. On October 23, Scott Aaro

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