Simply defining Enterprise Blockchain | LinkedIn
Why does Enterprise Blockchain matter?
Because, today, no business operates in isolation. It should not be a stretch to think that multiple institutions could achieve more together then any single institution can alone. By implementing business processes that leverage the collective knowledge of the group, processes can be orders of magnitude more cost efficient. And even more interesting, new processes can be created that were not possible before which open up new opportunity.
Source: Simply defining Enterprise Blockchain | LinkedIn, Jerry Cuomo, June 30, 2018
Read MoreEY Launches Blockchain Content Rights Platform with Microsoft as Partner | CCN
The solution aims to have a real-time visibility of transactions that will hopefully give market participants an insight into the market and better understand the dynamics that underlie the industry. Apart from this, one of the major issues they solve by utilizing blockchain technology is overcoming operational inefficiencies and eliminate manual reconciliation. This speeds up the overall process and polishes the workflow. This new blockchain based solution helps Microsoft’s affiliates gain insights into the transactions much quicker, as compared to 45 days or more on legacy systems.
According to a report by the US department of commerce, core copyright industries grew by 4.8% year over year during 2012-2015, which stood at a massive $1.2 trillion as of 2015. This reflects the explosive growth in the sector and the potential for blockchain technology-based systems to disrupt the space.
Source: EY Launches Blockchain Content Rights Platform with Microsoft as Partner | CCN, June 24, 2018
Read MoreCould blockchain be the food chain’s answer to romaine lettuce E. coli and other outbreaks? | Retail | Dallas News
The whole system gets blamed when something spoils or is contaminated with salmonella or E. coli, or a distribution center fails to store product at the right temperature.“
We need to shift this from fault-finding to fact-finding,” Yiannas said. “If no one is eating romaine, the entire system loses.”
Source: Could blockchain be the food chain’s answer to romaine lettuce E. coli and other outbreaks? | Retail | Dallas News, Maria Halkias, June 21, 1018
Read MoreFollowing a Tuna from Fiji to Brooklyn—on the Blockchain | WIRED
Gopinath says he sees two major hurdles to bringing blockchain technology to supply chains—and neither of them have to do with the tech itself. The first is simply convincing everyone in the supply chain, which can involve dozens of companies, that switching to a new system is a good idea. “You’ve got to make sure that everybody in the ecosystem gets something out of it,” says Gopinath. “That is very hard and it takes a long time to figure out.”
The second problem is governance. Because blockchains aren’t centralized, it’s difficult to decide how they should be managed. “Who can use the data? Who can see the data? Who can do analytics on the data? Can they share the data? All of these questions have to be answered to the satisfaction of the ecosystem,” says Gopinath. It’s likely going to take years to solve these issues and to square them with government regulators. If someone says that they can be solved in six months, “I’ll just laugh at them, because it’s not going to happen. You can just tell them, sorry, I’m just not going to believe you,” says Gopinath.
Source: Following a Tuna from Fiji to Brooklyn—on the Blockchain | WIRED, Louise Matsakis, May 22, 1018
Read MoreGolden State Foods: Ensuring food quality with fresh thinking in blockchain, AI and IoT – YouTube
Read MoreBridget van Kralingen, Senior Vice President, Global Industries, Platforms and Blockchain for IBM and Bob Wolpert, Corporate Senior Vice President and President, Logistics for Golden State Foods, explore the immutability of blockchain for supply chain.
BMW, Ford, GM: World’s Largest Automakers Form Blockchain Coalition – CoinDesk
What is required to move those forward, he said, is a decentralized business network.
“You really have to have common standards and common ways for cars to communicate, to identify themselves and make payments,” Ballinger told CoinDesk, adding:
“But if each auto company is trying to develop its own car wallets or its own way of paying tolls, or providing a ride sharing service, it just doesn’t work; it’s the Tower of Babel.”
Dan Harple, the CEO of Context Labs, who is working closely with Ballinger, said the new consortium’s first step will be to establish a “minimum viable ecosystem” for gaining network effect.
Source: BMW, Ford, GM: World’s Largest Automakers Form Blockchain Coalition – CoinDesk, Ian Allison, May 4, 2018
Read MoreThis is a Private Blockchain
This is a private blockchain. Some people may try and tell you your competitors will see all your business transactions. They might scream about your suppliers and your costs, your customers, and their special pricing. They might say it in front of your board of directors. You might even start to believe that everything is in public view. But it’s not true. This is Hyperledger Fabric. Bring your Q&A to Startup Breakfast Club.
Inspired by CNN’s Facts First
Read MoreThis is a Public Blockchain
This is a public blockchain. Some people might try and tell you it does not work without Bitcoin. They might scream Bitcoin, Bitcoin, Bitcoin over and over and over again. They might say it in front of the House of Commons. You might even start to believe that you need Bitcoin. But it’s not true. This is Ethereum. Bring your Q&A to Startup Breakfast Club.
Inspired by CNN’s Facts First
Read MoreIBM introduces a blockchain to verify the jewelry supply chain | TechCrunch
“Now we can share this [data] in a permissioned network and we can be sure it’s accurate,” he (Jason Kelley, the GM of blockchain services at IBM) said.
The notion of the permissioned blockchain is an important one here. It means that you have to be allowed on the blockchain to participate, and everyone on the blockchain has to agree to let any members on. “That’s what exciting with TrustChain. Each point in the supply chain has bought into the consortium,” he said.
Source: IBM introduces a blockchain to verify the jewelry supply chain | TechCrunch, Ron Miller, April 26, 2018
Read MoreBlockchain will speed up overseas shipping | The Star
A.P. Moeller-Maersk A/S, the world’s largest container shipping company, is enabling real-time tracking of its cargo and documents using blockchain. Four years ago, it found one shipment from Kenya to the Netherlands was held up 10 days just by paperwork.
Source: Blockchain will speed up overseas shipping | The Star, Kyunghee Park, April 20, 2018
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