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supply chain

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Interswitch group, a pan-African payment processing and lead financial services company had on Friday 2nd November held an event in Lagos, Nigeria to unveil the first blockchain-enabled supply chain financing application. The blockchain (supply chain module) project has Microsoft as its major partner and utilizes the Microsoft Azure Cloud Blockhain service. The event had in attendance, other supporting companies and Nigerian banks; including the Dangote Group, United Bank of Africa (UBA), Zenith Bank PLC and…

Cannabis- Canada-based crypto and blockchain company, DMG Blockchain Solutions Inc. has made public its development of a global supply-chain management platform based on blockchain technology for the now legal cannabis industry. This proposed launch comes on the heels of the official legalization of recreational marijuana and weed related products on 17th October 2018 by the Canadian Government. Cannabis/Marijuana had before now, been only permissible for medicinal uses within the country. Canada has by this feat become…

JD.com, one of China’s largest online shopping destinations, has officially launched one of its biggest blockchain projects which will be used by Pacific Insurance to help track and record invoices. With Pacific Insurance being a publicly traded insurance company, the blockchain service developed by JD.com. JD.com remains one of the market leaders in the online commerce scene. Compared to Amazon, the company accounts for Billions of Dollars worth of sales in China with satellite sites…

Walmart has officially outlined plans for a patent named the  “Delivery Reservation Apparatus and Method” based on blockchain technology. The method outlined, will allow the company to fulfill customer deliveries in the absence of a receiver. As seen below, the service will make use of blockchain to allow adaptation for a number of scenarios. “Each space on the docking station has a corresponding capacity unit for each location on the docking station. The transactions for…

The Singapore diamond investment exchange has announced its intentions to develop a Blockchain supply chain concept to track and verify authenticity and origins of diamonds and other gemstones. With the aid of the Everledger and kynetix companies, the project aims to ensure peace of mind for consumers as the nature of the Blockchain allows a complete overview into the movements of gems from their source direct to the consumer. The project also aims to branch…