USP applied for a patent in February for a blockchain and distributed ledged technology (DLT)-based system that will route packages, possibly using multiple carriers, across an international supply chain.
IBM Blockchain has joined forces with transport and logistics company Maersk to launch TradeLens, a blockchain solution for transparency and real-time updates for supply chain management.
The Kerala Development and Innovation Strategic Council (K-DISC), will use the technology to manage the purchase and distribution of a number of goods, including fish, vegetables and milk, among others.
Germany-based SAP has announced a new cloud platform designed to help corporations develop applications using the blockchain.
Is the possibility of a network of decentralised “factories” a threat to the traditional mass-production factories that have persevered for decades since the Industrial Revolution?
Having already pulled in $150 million in funding, cloud-based supply chain company Tradeshift launched another funding round that wrapped up on May 30.
A new report by auditing and consulting firm Deloitte warned businesses that ignore the blockchain are destined to fall, leaving those that embrace the technology to surge ahead.
The Optimal Shelf Availability Decentralized is touted as the ideal solution for major brands and even small chains to track their stocks, inventories and orders with what the company calls “pinpoint accuracy.”
Global shipping company FedEx is exploring how to use the blockchain to track its most precious cargo, joining companies like Samsung and Walmart in using the technology for its supply chain operations.
Through its subsidiary, LG has created a blockchain-powered service that provides logistics capabilities for finance, communication and manufacturing firms.
California-based Oracle will release a “platform-as-a-service” product before the end of May, and follow it up in June with decentralized ledger-based applications.
The South Korean tech giant is reportedly working on transitioning to a blockchain-based system to manage their global supply chain.
