While blockchain technology has only just begun to gain a foothold in the supply chain management industry it will surge dramatically over the next decade, according to a new survey by logistics and supply chain association MHI and consulting firm Deloitte.
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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…
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JP Morgan Chase & Co. CEO Jamie Dimon showing how he'd wring the neck of any one caught trading bitcoin on one of his trading desks. (via Wikipedia).Must-reads for September 13, 2018: Diamonds, Dimon, schmucks, and a trillion dollars worth of stories
Here are the crypto stories you should be watching today
Morgan Stanley Plans to Offer Bitcoin Swap Trading for Clients (Bloomberg) Morgan Stanley is joining the ranks of institutions by offering swaps to its clients, according to a report by Bloomberg’s Alastair Marsh. A source at the bank told Marsh that a swap product would launch once there’s enough institutional demand and after it gets through internal approvals. For the unfamiliar, a swap would essentially “swap” exposures of one asset with another. Let’s say fund has $1 billion in the S&P 500. They would then enter into an agreement with someone who has $1 billion in Bitcoin to trade returns. Thus if after the first three months the S&P 500…
