Porsche and its material suppliers Borealis, Covestro, and Domo Chemicals will use Circularise’s technology to trace the plastics used in Porsche cars on a blockchain. The project aims to “ensure that the use of sustainable materials in Porsche cars can be proven.”
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The pandemic has revealed holes in existing supply chain and logistics management that is spurring the blockchain's development (Photo: Pixabay)Between crypto winter and COVID, blockchain market has lost $2.8 billion since 2018: report
ABI Research predicts the market will make up the revenue by 2023, due in part to the holes revealed in existing supply chain and logistics management by the pandemic
In a Nov. 4 release, tech market advisory firm ABI Research said it believes that the knock-on effect of the cryptocurrency market’s 2018 downturn—which wiped out 80% of the total cryptocurrency market cap—had far-reaching consequences for the blockchain space.
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Mastercard has unveiled a new provenance solution to track grains along the supply chain (Photo: Pixabay/Kai Pilger)Mastercard, GrainChain partner to track goods in the supply chain
Mastercard will leverage the partnership to launch its ‘Mastercard Provenance Solution’ service
Mastercard and GrainChain will jointly trace more than 24 different commodities across Latin and North America as part of the “Mastercard Provenance Solution” service. The system will use the payment processor’s own permissioned blockchain
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Aerospace marketplace VeriTX turns to Algorand to get its supply chain soaring
Partnering with the proof-of-stake blockchain firm let a 3D printed aircraft parts supplier get an F15 Eagle flying in a day, rather than nine months
To build that marketplace, the decentralized aerospace parts manufacturing firm is partnering with Algorand, using its proof-of-stake blockchain platform to provide customers with speed and certainty along the supply chain, according to an Oct. 22 announcement.
