supply chain

VeChain Forms New Partnership with Grant Thornton to Push Adoption

The VeChain Foundation has partnered with Grant Thornton Cyprus, an accounting firm, opening the door to “thousands” of adoption opportunities. VeChain uses its blockchain mainly to provide RFID (Radio Frequency Identification). This can be used as part of an internet of things framework, supply-chain planning, and also to determine the provenance of unique goods. The firm has an in-house development team that caters to larger businesses and hopes to be the go-to company for enterprise blockchain needs. In bittersweet news, it sees the COVID-19 pandemic as a sign of urgency

Unraveling the Blockchain and Crypto Gaming World One Click at a Time

Regular readers will no doubt be aware of the high expectations currently being placed on the shoulders of blockchain gaming. For advocates of blockchain technology, there is the hope that tapping into the estimated 2.5 billion gamers worldwide will provide a huge leap toward mainstream adoption.Blockchain and distributed ledger technology continue to make inroads into all kinds of industries as an increasing number of people discover and gain an understanding of the benefits that it can bring. From supply chain efficiencies through certification of authenticity and provenance to the immutable

Bitcoin and Stocks Take a Breather

Can’t we all just get along? Over the last few days, tribalism in the crypto community has reached a new peak. Luckily, there are still many in our growing industry with a level head. The calls for an audit of the Ethereum blockchain have been growing, particularly from the bitcoin maximalists, who have long felt that bitcoin needs no counterparts in the crypto realm, nor should there be any competition for the throne. The issue arose after some posted a simple question, asking how many ETH there are in the

Championing Blockchain Education in Africa: Women Leading the Bitcoin Cause

It’s no secret that women are underrepresented in the technology and financial industries. In the U.S, women only hold a quarter of computing-related jobs. Some sectors, like software engineering, fare even worse, with female representation as low as 15%. And now along comes blockchain, a technology that promises a global revolution through decentralization. Blockchain has already begun to transform many industries, from finance and supply chain management to healthcare and governance.  However, it has yet to significantly change the demographics of the tech industry. According to a study conducted by

USDA Proposes Blockchain Ledger for Organic Product Supply Chain

The U.S. Department of Agriculture has proposed amending its rules on organic products to include implementing blockchain technology to trace its supply chain.According to an Aug. 5 report from the U.S. Department of Agriculture (USDA) Agricultural Marketing Service (AMS), the agency said it expects electronic tracking systems, including digital ledger technology (DLT), will play an “essential role” in the traceability of its supply chain of organic products.“DLT can provide secure, verifiable, transparent, and near-instantaneous tracking at the item level in complex supply chains,” the report stated. “Critically, DLT can also

VET Geared For New Highs As VeChain Readies Latest Innovations

VeChain has seen a recent four-month rally, which only recently managed to die down. However, depending on the metrics you trust on the matter, a massive breakout event could happen, once more, which could see massive new highs for the currency. VeChain Getting The Best Of Things Of all the various cryptocurrencies the world has to offer thus far, VeChain stands as one that’s had a very good year of 2020. The pandemic may have caused a massive amount of chaos for the crypto industry at large, especially during Black

Fear, Greed and the Evolution of Money in the Age of the Coronavirus Pandemic

The COVID-19 pandemic is not going to end soon. Fear and anxiety have skyrocketed, and nearly half of the people in the United States feel the coronavirus has harmed their mental health. People are scared, anxious, depressed, on edge and struggling to sleep through the night.We watched as China took extreme measures to improve the coronavirus crisis there. We watched as Italy locked down the country and people scurried to other parts of Europe. We then watched as California Governor Gavin Newsom took early measures for the U.S. and locked

Blockchain Traceability Overtakes Payments Among Major Corporations

Multi-billion dollar companies are more likely to use blockchain for traceability and provenance than for payments and settlement, according to a new analysis of the Forbes Blockchain 50.The now annual Blockchain 50 list was published in late February and includes fifty of the biggest brands in the world who are using blockchain, each with annual revenue in excess of $1 billion in annual revenue. Research from Dutch firm Blockdata, which incorporated its own data in the analysis, found that fifteen have solutions that tackle traceability and provenance, while 13 are using

ConsenSys Health Launches Coronavirus-related Virtual Hackathon

ConsenSys Health announced on April 7 the launch of the “STOP COVID-19 Virtual Hackathon,” which will take place from April 13 to May 11, 2020.The initiative is sponsored by Gitcoin, Hyperledger, ConsenSys, One Million Developers and OpenMined. It aims to leverage blockchain and other technologies to facilitate data access for researchers and healthcare professionals seeking to curb the outbreak coronavirus and prevent future pandemics.The virtual hackathon also hopes to advance cohesion between life sciences and next-generation experts to develop solutions that strengthen public health without sacrificing user privacy. In the

World Economic Forum Turns to Blockchain to Aid Global Supply Chain

On Monday, the World Economic Forum, or WEF, gave a statement that blockchain technology and digitization has the capacity to support the world’s supply lines and help it survive the COVID-19 crisis.Liao and Fan: Transparency Is KeyRebecca Liao, the Executive Vice President of the Skychain blockchain enterprise firm, and Ziyang Fan, the Head of Digital Trade at the WEF, co-wrote a blog post. This blog post stated that the COVID-19 pandemic has come to force a large number of companies to battle an unexpectedly delicate supply chain. Even so-called “Solid”