How Smart Technology is Helping the Manufacturing Industry
In the world of manufacturing, the way things are produced has changed dramatically over the years. From the first moving assembly line created, through to the modern-day invention of Artificial Intelligence (AI), it’s safe to say that manufacturing methods have evolved quickly. The secret to this progression is advances in technology. Not only has it allowed […]
Standard Chartered confirms first supply chain finance transaction on blockchain
Standard Chartered and Linklogis have recently completed their first joint deep-tier supply chain financing transaction for Digital Guangdong and its upstream suppliers. The project is part of an ongoing strategic collaboration between the two parties since signing a memorandum of understanding in February and marks the first time that the Linklogis platform has jointly delivered deep-tier supply […]
IBM and Chainyard unveil Trust Your Supplier blockhain network
IBM and blockchain services and consulting specialist Chainyard have announced Trust Your Supplier (TYS), a blockchain network designed to improve supplier qualification, validation, on boarding and life cycle information management. Founding participants alongside IBM include Cisco, Anheuser-Busch InBev, GlaxoSmithKleine, Lenovo, Nokia, Schneider Electric and Vodafone. Trust Your Supplier is designed to eliminate manual time-consuming processes […]
TradeLens adds ocean carriers Hapag-Lloyd and Ocean Network Express
Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) will join the TradeLens blockchain-enabled digital shipping platform, jointly developed by A.P. Moller – Maersk and IBM. Hapag-Lloyd and ONE, the world’s fifth and sixth largest carriers respectively, join CMA CGM and MSC Mediterranean Shipping Company, both of which recently announced they are joining TradeLens. With these additions, the […]
Nestlé reveals open blockchain supply chain pilot
Nestlé says it’s breaking new ground in supply chain transparency through a collaboration with OpenSC – an blockchain platform that allows consumers to track their food right back to the farm. Through this collaboration, Nestlé becomes the first major food and beverage company to announce that it will pilot open blockchain technology in this way. […]
Can blockchain bring the supply chain into the 21st century?
By Richard Shakespeare, Opus Energy The supply chain has existed since the industrial revolution, and little has been done to streamline its processes, particularly in the last 50 years. It has also become more than simply moving products from A to B. In today’s industry, supply chains are now more fragmented, complicated and in some cases […]
ZIM joins TradeLens as blockchain solution records 5m shipments
ZIM Integrated Shipping Services is the latest member of TradeLens, a blockchain-enabled digital shipping solution jointly developed by A.P. Moller – Maersk and IBM. The news comes as more than five million shipments have been recorded on TradeLens to date by 60 network members and 100 total ecosystem members. TradeLens uses blockchain technology to enable […]
Veratrack eyes pharma supply chain digitisation
A London-based start-up has picked up £1 million in seed funding to help realise the company’s ambitions of digitising the pharmaceutical supply chain. Techcrunch reports Veratrack has secured backing from individual investors including the ex-head of corporate strategy for Microsoft, Charlie Songhurst, Tony Fitzpatrick, EVP of operations at Vectura Group and Antonin de Fougerolles, CEO […]
‘Vibrant’ British blockchain sector to benefit UK business
The most in-depth market research report to date mapping the UK’s distributed ledger technologies (DLT) landscape has revealed the potential of this nascent technology to disrupt industries across the country. New research from Digital Catapult, an advanced digital innovation centre, discovered an ecosystem active across a wide range of sectors, with British companies at different stages […]
TEMCO & LogisticsX form Global Supply Chain and Logistics Alliance (GSLA)
Bitcoin-based supply chain platform TEMCO and decentralised last mile logistics platform LogisticsX have announced the signing of a strategic partnership, kickstarting the Global Supply Chain & Logistics Alliance (GSLA). The partners says GSLA seeks to solve supply chain management problems across the globe by bringing together supply chain and logistics blockchain projects as well as […]
