According to a report by Reuters on 29 June, the BHP Group completed its first blockchain-based iron ore trade with China Baoshan Iron & Steel Co Ltd in a deal worth around $14 million. The transaction was carried out through a blockchain platform created by a Canadian-based technology company called MineHub. Per the two separate […]
supplychain
WEF’s Blockchain Toolkit Helping UAE,Saudi Supplychain Issues Amid COVID-19
Recently the World Economic Forum( WEF) released a robust Blockchain Deployment toolkit to guide organizations and businesses in developing and deploying a new blockchain solution. The World Economic Forum, based in Cologny-Geneva, Switzerland, is an NGO that was founded in 1971 and is committed to improving the state of the world by involving business, academic, […]
IBM launches ‘Rapid Supplier Connect,’ a Blockchain Solution to Fight COVID-19 Critical Goods Supply Chain Shortages
IBM recently announced the launch of IBM Rapid Supplier Connect, a blockchain-based network designed to support healthcare organizations and government agencies to quickly identify and bring on board non-traditional suppliers who have volunteered to address the shortage of equipment, medical supplies needed for COVID-19 relief efforts. The network is also designed to help speed up the screening […]
Covid-19, Supply Chain and The Blockchain
Countries keep fighting the COVID 19 as it infects more than 1.5 million people worldwide. How long is this COVID-19 crisis going to last? It’s hard to put together reliable data to predict when it’s going to end. The death toll of coronavirus continues to increase dramatically in many countries and has impacted the community’s […]