CCN: Australia launches blockchain-based supply chain proof of concept
In terms of blockchain adoption for supply chain, other countries seem to be moving further, faster than the US. Thoughts?
In terms of blockchain adoption for supply chain, other countries seem to be moving further, faster than the US. Thoughts?
“It is becoming all too apparent that current food safety and quality management systems are simply not designed to detect, nor sophisticated enough to prevent fraud occurring in our food.”
“While Microsoft’s blockchain supply chain group, Project Manifest, is gaining traction with potential partners, the effort to track everything from auto parts to medical devices remains tightly held under non-disclosure agreements.”
“If, for example, we imposed a seven-day prison sentence for every fake product sold, the world would look very different both in terms of intellectual property enforcement and food and drug safety…”
“The retailer, which started running tests with International Business Machines Corp.’s blockchain platform in 2016, is ready to use the technology on its live food business.”
“The food we eat travels a long distance from farms and factories to our plates, and in many cases the person eating it has no idea what winding path it took, or even what is really in it. Food fraud, in which agents somewhere along the supply chain adulterate or misrepresent their product, is a shockingly common occurrence.” – Will Nicol, Digital Trends
“If the broad light of day could be let in upon men’s actions, it would purify them as the sun disinfects.”