Pharmaceuticals Giant Merck Plans to Use Blockchain to Verify the Authenticity of Medications

Pharmaceuticals giant Merck plans to use blockchain to verify the authenticity of medications by following them as they move through the supply chain, reported Coindesk on June 25. Merck filed a patent application that was published last Thursday where it describes a method the blockchain could be used to track a physical object as it … Continue reading Pharmaceuticals Giant Merck Plans to Use Blockchain to Verify the Authenticity of Medications

Walmart Plans to Use Blockchain to Track Products Sell to Customers

Walmart announced it plans to use the blockchain to track products sell to customers, according to a new patent application, reported Coindesk on May 21. The patent application, released on May 17 by the U.S. Patent and Trademark Office, explains a blockchain-based system that would be used to track retail items resales. The system would use … Continue reading Walmart Plans to Use Blockchain to Track Products Sell to Customers

IBM Team Up With Veridium Labs to Tokenize Carbon Credit With Blockchain

IBM announced that it teams up with Veridium Labs to tokenize carbon credit with blockchain, reported Cointelegraph on May 15. The companies will be able to track their footprints through a blockchain platform. Todd Lemons, CEO and Veridium Labs co-founder mentioned a blockchain-based platform to measure carbon emissions within the supply chain will help considerably fight … Continue reading IBM Team Up With Veridium Labs to Tokenize Carbon Credit With Blockchain

Multinational Software Firm SAP Will Use Blockchain For Supply Chain

The multinational German-based software firm SAP announced it will use blockchain for supply chain, reported Coindesk on May 14. The blockchain leader at SAP, Torsten Zube, mentioned that the company is planning to apply the blockchain technology to agricultural supply chains through its Farm to Consumer initiative. Other members working with SAP on this project … Continue reading Multinational Software Firm SAP Will Use Blockchain For Supply Chain

IBM and a Consortium of Banks Blockchain Alliance Conduct the First Live Pilot Transaction

IBM and a consortium of banks blockchain alliance conducted the first live pilot transaction on IBM's blockchain-based application called Batavia, according to a press release. The Bank of Montreal (BMO), CaixaBank, Commerzbank, Erste Group, IBM, and UBS are the banks involved in this project with IBM and successfully completed the first transactions on IBM's platform … Continue reading IBM and a Consortium of Banks Blockchain Alliance Conduct the First Live Pilot Transaction

Blockchain Can Help Save Lives With Pharmaceutical Supply Chain

DHL and Accenture want to follow pharmaceuticals from the producer of the medication to the pharmacist who gives the prescription to the patient, using Blockchain pharmaceutical supply chains more efficient. This could potentially save the lives of many patients that die because of counterfeit medicine.  DHL, a large logistics company, partnered with Accenture to study … Continue reading Blockchain Can Help Save Lives With Pharmaceutical Supply Chain