Posts Tagged ‘supply chain’
Johnnie Walker Blue Label Bottles to Use NFC Technology Giving a More Premium Experience |
The NFC-enabled “smart bottle” aims to enhance the consumer experience by using printed sensor tags featuring Thinfilm’s OpenSenseTM technology, which can detect both the sealed and opened state of each bottle. The tags and the sensor information they contain will allow Diageo to send personalized communications to consumers who read the tags with their smartphones,…
Read MoreThis Cannabis Entrepreneur Says He’s First To Use NFC-Embedded Labels And That All Cannabis Companies Should Do The Same
NFC stands for “near-field communication” and describes technology which allows two devices, one usually a mobile phone, to communicate. It’s been used for “experiential shopping,” payment processing and airline boarding passes. But now a wide spectrum of companies are jumping into NFC technology – Johnnie Walker announced such a move just last week. Source: This Cannabis…
Read MoreTerence Corcoran: Blockchain’s groundbreaking, world-shaking, life-changing technology revolution has been cancelled | Financial Post
The biggest obstacle to widespread blockchain adoption, says Higginson, is what business theorists call “co-opetition,” a fancy word referring to when competitive companies and industries agree to share information. Getting there is a problem. “Resolving the co-opetition paradox and clearing a path to majority adoption seems like the most important obstacle,” said Higginson. Due to the co-opetition problem, the implementation of blockchain pilots is “plagued by either a single player pushing their monopoly solution” or there is “no single organization taking the lead to invest sufficiently to move from pilot to enterprise-scale implementation.”
Source: Terence Corcoran: Blockchain’s groundbreaking, world-shaking, life-changing technology revolution has been cancelled | Financial Post, Terence Corcoran, January 9, 2019
Read MoreWhat Honeywell’s Ecommerce Platform Means For Blockchain In Aviation | Forbes
In 2015, the Federal Aviation Administration accused the American Airlines of committing maintenance fraud. The issue was reported by mechanics working in American Airlines who noticed “aircraft maintenance discrepancies in accordance with required manuals, procedures and the Federal Aviation Regulations.” If a blockchain technology was adopted, chances for such deviations could be minimal (if not…
Read MoreMcKinsey & Company: Blockchain Technology Isn’t Living Up to the Hype – Bitcoinist.com
Meanwhile, McKinsey & Company, considers blockchain technology to have practical value in other areas. Examples are found in insurance, supply chains, and capital markets, in which distributed ledgers can tackle pain points including inefficiency, process opacity, and fraud. Source: McKinsey & Company: Blockchain Technology Isn’t Living Up to the Hype – Bitcoinist.com, Georgi Georgiev |…
Read MoreBlockchain altering ag commodities trading
“Do you really need the Merc (the Chicago Mercantile Exchange)? Do you really need people doing that trading? It could become commodity trading without commodity traders. You can trade commodities and have proof positive that you bought it, you hedged it, you transferred it and it’s gone to the warehouse, all done from your desk, and its data you can trust,” Kennedy said
Source: Blockchain altering ag commodities trading, John Hart | December 05, 2018
Read MoreThe Blockchain Technology Penetrates The Fashion World: H&M Empire Gives VeChain A Try | Crypto Update
Before buying an item, conscientious shoppers can open their VeChain app, scan a product’s NFC chip and retrieve data about that particular item including the material that has been used, the artist’s ID, colo, supplier, factory name and more relevant information.
Source: The Blockchain Technology Penetrates The Fashion World: H&M Empire Gives VeChain A Try | Crypto Update, November 18, 2018
Read MoreAir Canada to Integrate Blockchain-Based Travel Distribution Platform
“Air Canada recognizes the importance of leveraging this next generation technology. We plan to integrate Air Canada’s Direct Connect API with Winding Tree’s public blockchain platform, giving blockchain-savvy users the ability to access our content directly from the source.”
Source: Air Canada to Integrate Blockchain-Based Travel Distribution Platform, Ana Alexandre, October 24, 2018
Read MoreWinklevoss Twins Launch Stable Coin, Receive Green Light from Regulator | NewsBTC
The Gemini dollar has been built on the Ethereum network. According to CNBC, the pair are hoping that the new coin will help to bridge the gap between digital assets and traditional banking. It will allow users to convert U.S. dollars to the new Gemini dollars in order to move value quickly, and transparency around the world. Tyler Winklevoss spoke to the publication in a telephone interview:
“It is really a matter of bringing your U.S. dollars on to the blockchain and making them borderless 24/7.”
Source: Winklevoss Twins Launch Stable Coin, Receive Green Light from Regulator | NewsBTC, Rick D. | September 10, 2018
Read MoreStability In Volatile Markets: What You Need To Know About Stable Coins
Forget supply and demand. Unlike traditional cryptocurrencies, stable coins are concerned with achieving a fixed price. “Stable coins are trying to strike the balance of not being dependent on a central bank, while also securing price stability,” said Brigitte Luginbuhl, CEO of SwissRealCoin
Source: Stability In Volatile Markets: What You Need To Know About Stable Coins., Andrew Rossow, Sep 7, 2018
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