Blockchain Supply Chain Growth

27 August 2020

In this month’s issue of Applied Blockchain, Dfinity unveils their decentralized proof of concept version of TikTok, CanCan. Whilst Sri Lanka’s Central Bank kicks off the process to develop a shared ‘Know Your Customer’ solution. Universal ID takes a step in the right direction

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In this month’s issue of Applied Blockchain, Dfinity unveils their decentralized proof of concept version of TikTok, CanCan. Whilst Sri Lanka’s Central Bank kicks off the process to develop a shared ‘Know Your Customer’ solution.

Universal ID takes a step in the right direction as leading technology, finance and non-profit companies have joined forces to announce the launch of PayID, a universal payment identification solution to simplify the process of sending and receiving money globally – across any payment network and any currency.

Supply Chain continues to be a developing space as Norwegian salmon exporter, Kvarøy Arctic, jumps on the Blockchain bandwagon with the help of IBM.

Below is the full June 2020 issue of Applied Blockchain for you to read, download and share.

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APPLIED BLOCKCHAIN

June 2020 – Issue 02

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In this Issue

Growth in the Supply Chain sector has been on a slow burn with quite a number of businesses launching initiatives via IBM’s Blockchain platform.

Enabling businesses to demonstrate ownership and a product’s provenance history is a huge selling point to industries, such as Norway’s salmon exporter Kvarøy Arctic.

The impact of Blockchain is expanding across the supply chain industry to incorporate the logistics companies looking for increased granularity. India’s largest commercial port operator has teamed up with TradeLens in an effort to digitise its supply chains.

A transparent move that aims to reduce manually processes and administrative tasks which have proven costly, laborious and prone to error.

This month’s reporting has shed new light on developments and sentiment from research, conducted by Deloitte, indicating leaders no longer consider blockchain technology ground-breaking and merely promising. However the survey suggests that initial doubts about blockchain’s usefulness are fading as business leaders now see it as integral to organisational innovation.