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Global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) have announced on Tuesday that they will be joining TradeLens, a digital shipping platform that uses blockchain to record all shipping data, enabling a more efficient and secure exchange of information and providing greater transparency across the supply chain.
UPDATE (May 24, 2019, 12:32 GMT): This article has been updated with statements from Ken Timsit, managing director of ConsenSys Solutions, the enterprise blockchain arm of ConsenSys. Luxury goods conglomerate LVMH, tech giant Microsoft and blockchain software technology ConsenSys have teamed up to develop the...
Over 100 organizations and experts representing large shippers, supply chain providers and governments, have teamed up with the World Economic Forum (WEF) and the International Organization for Public-Private Cooperation to co-design and pilot an open source “toolkit” to accelerate blockchain deployment across supply chains, WEF said on Wednesday.
Swiss food and drink multinational Nestlé and French hypermarket chain Carrefour are trialing blockchain to provide consumers with greater transparency in the food sector. From April 15, 2019, the technology will be applied to the famous Mousline instant mashed potato brand, available on shelves in Carrefour stores...
New emerging traceability technologies including Internet-of-Things (IoT) sensors, blockchain and food-sensing technologies, have the potential to support the positive transformation of the food system, according to a research by the World Economic Forum (WEF). Food holds a critical role in human societies, yet inefficiencies in the supply chain and the...