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As demand for transparency increases, blockchain technology could improve the traceability of physical goods by creating an auditable and tamper-proof record of the journey behind all products across the supply chain. For businesses, but also society and the environment, this means preventing the selling of fake goods, counterfeits, solving the...
The Kimberley Process (KP), a global industry watchdog for clean trade in diamonds, is looking at blockchain forĀ greater transparency and security in diamond trade. The idea is to use the technology to create a "seamless and continued global process" for the Kimberley Process Certification Scheme (KPCS), the organization unveiled...
Blockchain technology can be used to create registers to track ownership and related finance of assets like cars, and prevent and track fraudulent sales and practices, according to Haskell Garfinkel, a partner at PricewaterhouseCoopers and the firm's co-leader in Fintech practice. During a keynote presentation at the American Financial Services...
Cambridge Blockchain, a startup that provides identity verifications tools, has won the Santander InnoVentures Distributed Ledger Challenge. On January 27, eight blockchain startups competed for a US$15,000 grand prize and the opportunity to partner with Santander during the Santander Distributed Ledger Challenge in New York. Cambridge Blockchain won the grand prize,...