Blockchain for Supply Chain

Weekly News

Coronavirus pandemics created new challenges for the business world, so this working week has also been tough and complicated for all of us. The series changes have also impacted the world of blockchain technologies and digital innovations, but we hope that you are safe and healthy staying at home, while we will share with you …

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BMW Announces New Supply Blockchain For Automotive Parts Trace

BMW, one of the world automotive leaders, has presented their new blockchain-based system PartChain that will track the supply chain for the company-produced automotive parts. The new blockchain solution is planned to be rolled out for 10 suppliers in 2020.  PartChain has already come through several successful tests in 2019, being designed specifically to ensure traceability and …

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IoTeX and Nordic Work Together On The IoT Supply Chain Tracking System

The world provider of integrated electronic design services and products Nordic Semiconductor has announced that its low-power System-in-Package (SiP) with integrated LTE-M/NB-IoT modem and GPS was selected by blockchain development company IoTeX. The system will be used to provide the cellular IoT connectivity for its ‘Pebble Tracker’. This solution will be implemented for global assets tracking. IoTeX’s Pebble Tracker providers users withe …

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Canada Funds Blockchain Project For Steel Supply Tracking

Canadian authorities have proposed state funding for blockchain startups Peer Ledger and Mavennet in order to develop a blockchain-based platform for tracking the steel supply chain.  The Innovation, Science and Financial Development Canada (ISED), working on the promotion of development initiatives and increasing the attention of tech companies to the project, has provided the two companies with $150,000 funding. This …

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Nike and Macy’s Test New Blockchain System With Auburn’s RFID Lab

The retail giants, such as Nike and Macy’s have been working with Auburn’s RFID Lab in Alabama, US on a blockchain project that will provide a digital solution for the retail supply chain. This project has been explained in the white paper made by Auburn University’s RFID Lab.  The project called “Chain Integration Project” (CHIP) is focused on the optimization of …

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China Everbright Bank Implements Ant Blockchain For Supply Chain Finance

China Everbright Bank (CEB) has just announced the launching of a supply chain finance blockchain. The project will implement Ant Financial’s blockchain platform – Ant Blockchain Duo Chain for the supply chain system. In this project developed by Ant Blockchain, “duo” defines the intersection between supply chain and blockchain.  CEB is a bank that is partly owned by the government, …

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Toyota Launches Blockchain Lab

One of the world-leading machinery manufacturers Toyota Motor Corporation together with  Toyota Financial Services Corporation revealed the development of Toyota Blockchain Lab that originally started in April 2019 for the digitalization of various automotive processes. For now, Blockchain Lab is a full-fledged organization that elaborates various blockchain-based projects, aimed to extend Toyota’s partnerships with external companies and modernize the inside …

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