Swiss-registered logistics giant CEVA Logistics has announced its participation in IBM and Maersk’s new joint blockchain platform TradeLens in a press release August 10. The partners unveiled TradeLens, which is dedicated to enhancing shipping supply chains, earlier this week. CEVA said the platform constituted its “answer to the untapped potential of blockchain applications in the logistics industry.” CEVA CEO Xavier Urbain noted in the press release that they see the “high potential” in TradeLense to be the “real-time access it provides to all partners in the supply chain,” adding “It is a big step forward toward establishing a market standard …

One of the world’s largest capital goods companies has agreed to a multiyear deal with IBM to implement blockchain technology, a press release confirmed July 26. UK-based CNH Industrial, which owns twelve international brands including Iveco and Case IH, will seek to enhance a range of internal processes as part of “reviewing and optimizing its global activities.” “Areas that will be directly enhanced include Supply Chain and the inventory management of the Company’s Parts & Service business, which will deliver ever greater service to its customer base,” the release states. While details of the implementation remain limited, CNH will leverage …

The government of the South Indian state of Kerala will use blockchain for food supply and distribution, local news outlet Business Standard reported June 17. The new project is headed by Keralan think-tank the Development and Innovation Strategic Council (K-DISC), and will use blockchain, as well as Internet of Things (IoT) technology, in an attempt to make the state’s supply network for dairy products, vegetables and fish more efficient. Chairman of K-DISC, KM Abraham, told Business Standard that each component of the supply network would have a separate ID number, through which its source, production, quality, and distribution could be …