The Monax Platform is a contract lifecycle management tool which allows consumers to easily procure lawyer-tested agreements and stay in full control of their business contracting. Harnessing a unique combination of active agreements, blockchain technology, and a business process modeling engine, the platform is designed to move business legal obligations into the networked world. Source:…Read More
Documentation and administration are estimated to be one-fifth of the $1.8 trillion spent annually to move goods across borders. According to The World Economic Forum, by reducing barriers within the international supply chain, global trade could increase by nearly 15 percent.
Source: Consortium to Develop Blockchain for Bunkering, MAREX 2018-07-25Read More
Since proof of insurance is a key business requirement in many industries, this blockchain solution opens the door to creating a network of networks to provide verification on a much broader scale.
“There’s traction behind each of them, there are multiple companies now participating in development, they are maturing at a rate where they’re ready for production use,” he said, adding:”And in some cases are already in production use.”
Source: Hyperledger Tech Heats Up Ahead of Software Debuts – CoinDesk, Michael del Castillo, March 28, 2018Read More
“We’ve been very fortunate as an advocate for standards and education in industry to join the ride,” continues Nuce. “We built the UPC or the GTIN as a way for people to have interoperable identification all over the globe. These foundational traceability standards were developed many, many years before blockchain was ever a glimmer in someone’s eye. But now it’s all coming together.”
Source: Grocers Embrace Blockchain in New Era of Transparency | Progressive Grocer, Jenny McTaggart – Feb 16, 2018Read More
Blockchain-enabled platforms can successfully connect all players in the shipping value chain and advance critical capabilities.
EY and Guardtime, as well as other industry and technology leaders, present the “first of its kind” enterprise-scale platform to integrate and secure the entire stream of disparate data sources involved in insuring shipments around the world.
When risks ebb and flow, should insurance premiums adjust?
Mark Parzygnat’s, Program Director, Blockchain at IBM presenting to the Startup Breakfast Club in Montreal and taking questions from the audience. Mark introduces Hyperledger from both an enterprise and startup perspective.
Source: Hyperledger Project: Opportunities for developers and enterprises – developerWorks TV | YouTube recording (1:44:41), Februrary 6, 2018Read More
IBM Global Financing reduced time spent resolving financial disputes by 75% using blockchain technology.
Thanks Mark Parzygnat!Read More
Presently, many shipping supply chains are bogged down by a morass of paperwork shuffled between a glut of middlemen, Wieck says. Documentation, which when lost or delayed causes perishable goods lying in wait to spoil, can end up costing as much as a fifth of the total expense of physical transportation.
According to a 2013 study by the World Economic Forum, reducing the friction around information-sharing and border administration when it comes to international trade “could increase GDP by nearly 5% and trade by 15%”—a boost that amounts to trillions of dollars.
Source: Shipping: IBM, Maersk Are Creating a New Blockchain Company | Fortune, Robert Hackett, January 16, 2018Read More
One day last December, Frank Yiannas went to a Walmart store near company headquarters in Fayetteville, Ark., and picked up a package of sliced mangoes. Yiannas is Walmart’s vice president of food safety, and the fruit was part of a crucial experiment. He brought the mangoes back to his office, placed the container on a…Read More