Supply Chain

Shellfish Plant Is Putting Scallops on IBM’s Food Tracking Blockchain

| Nathan DiCamillo

The system records the weight and location of the scallops as they are taken from the ocean and tracks them across the supply chain.

Trade Finance Blockchain Marco Polo Pilots First Russia-Germany Transactions

| Ian Allison

Marco Polo, the trade finance blockchain with over 20 global banks on board, is piloting its first trading arrangement between Germany and Russia.

IKEA in ‘World First’ Transaction Using Smart Contracts and Licensed E-Money

| Daniel Palmer

IKEA Iceland has taken part in a commercial transaction using ethereum smart contracts and EU-licensed blockchain e-cash to settle an order.

Ant Financial and Bayer to Jointly Develop Blockchain for Agriculture

| Richard Meyer

Bayer Crop Science has agreed to work with Alibaba's Ant Financial to develop a blockchain-based system for agricultural product monitoring.

Tencent, Fidelity Back $20 Million Round for Blockchain Firm Everledger

| Daniel Palmer

Blockchain provenance startup Everledger has raised $20 million in a Series A round led by internet giant Tencent.

Bank of America Joins Marco Polo Blockchain Trade Network

| Daniel Palmer

The sixth-largest U.S. company has joined Marco Polo, a consortium working to bring efficiencies to international trade using blockchain tech.

R3’s Marco Polo Trade Blockchain Takes Another Step Toward Production

| Ian Allison

The trade finance blockchain platform has passed another milestone in its development, with a successful pilot of real-time payment triggers.

New Zealand’s ASB Bank Takes Stake in Trade Finance Blockchain Startup

| Daniel Palmer

ABS has invested a "significant" amount in TradeWindow, a startup working to put trade finance on a blockchain.

Amazon Is Looking to Put Advertising Data on a Blockchain

| Ian Allison

Amazon is looking to hire a software engineer to integrate parts of its advertising business with a blockchain.

Mastercard to Tackle Fashion Fakes with Blockchain Tracking Solution

| Daniel Palmer

Mastercard is to demo a new blockchain-based product tracking solution during an upcoming showcase of women fashion designers.