• A pump jack in a canola field (via Shutterstock)
    Technology

    With Vakt investment, five of the biggest energy companies bet on blockchain

    The oil and gas industry is embracing blockchain technology for everything from tracking products to financing sales

    With the announcement on Jan. 16 that three major oil and gas firms including Chevron, Total, and Reliance Industries have joined Vakt, the energy-industry enterprise blockchain company now has five of the 10 largest oil firms by market capitalization on board.

  • E. coli
    Cryptocurrencies,  Innovators

    Using blockchain to battle E. coli and blood diamonds

    Retailers like Walmart are using IBM blockchain technology to trace produce from the farm to the table

    2018 has not been a kind year to Romaine lettuce. Just before Thanksgiving, the popular salad mix began its second major recall in the United States this year due to contamination by E. coli bacteria. And on Dec. 6, while the U. S. Centers for Disease Control reiterated its Romaine warning, the U.S. Department of Agriculture added another 2,500 tons of ground beef to the 3,500-ton recall issued on Tuesday over a salmonella outbreak. In fact, salmonella has forced the destruction of turkey, pork, chicken, eggs, tahini sauce, and even Kellogg’s Honey Smacks cereal this year, according to the U.S. Centers for Disease Control. There are a lot of ways…