The world of blockchain technology has undergone a significant transformation over the past decade as the concept evolved from offering a simple means of exchange between two parties to a sprawling ecosystem full of protocols with real-world applications ranging from decentralized finance to one-of-a-kind digital art. One sector of the market that has been gaining traction as of late while the global just-in-time delivery system has fallen under immense pressure is the supply chain and logistics group of projects that offer blockchain-based solutions for the global supply chain ecosystem. While it’s true that the current problems facing global suppliers, shippers, …

Calls for the arrival of an altseason are growing louder on Nov. 3 after the price action for altcoins is on the rise and Bitcoin (BTC) price lingers at the $62,000 support level. At the moment, gaming tokens, supply chain-related projects and decentralized finance (DeFi) protocols are scorching hot and as shown below, many altcoins are posting double and triple-digit gains today. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were OriginTrail (TRAC), XYO Network (XYO) and Maker (MKR). TRAC gets a boost from the “Coinbase effect” OriginTrail is a protocol that …

Supply chain management continues to be an important are of focus and concern for the global economy, especially with the current shipping backlog at major ports across the globe and the dwindling supply of items available on store shelves. Interestingly, OriginTrail (TRAC), a logistics and supply-chain management-focused blockchain protocol, has been gaining traction over the past couple of months and this week the project's TRAC token hit a new all-time high. Data from Cointelegraph Markets Pro and TradingView show after hitting a low of $0.278 on Aug. 29, the price of TRAC has vaulted 306% to a new record high …

Crypto markets are in an absolute state of euphoria after Bitcoin (BTC) caught a bid and hit a new all-time high at $67,000. Bitcoin's surge to $67,000 also helped to spark double-digit gains for multiple altcoins as the age-old adage of a rising tide lifting all boats appears to be in full effect. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were OriginTrail (TRAC), Kadena (KDA) and Cartesi (CTSI). OriginTrail makes a move OriginTrail is a protocol that operates on the Ethereum (ETH) network and specializes in harnessing blockchain technology to …

Global Shipping Business Network (GSBN) has launched a new blockchain-based platform that could potentially track one-third of shipping containers across the globe. The GSBN was incorporated in March 2021 by eight global national freight maritime cargo companies to build a blockchain platform that digitizes shipping processes, such as document issuance, clearance and logistics data. Members of the Hong-Kong-based nonprofit consortium GSBN are said to “account for one in every three containers handled in the world,” and this may soon be verifiable on the blockchain once the platform is fully utilized. The GSBN announced the launch of the new blockchain platform …

Over the last three or four years, blockchain adoption has expanded tremendously, and each industry is exploring different use cases for the technology. There are multiple aspects of blockchain — from business to technical and more — but with the way the industry is exploding, it’s really hard to get it right. It’s best to divide the blockchain topic into two main buckets in order to understand the development of the ecosystem and the key benefits and innovations it provides. One is cryptocurrency, where we cover industries like financial services, insurance and capital markets, including deals via private equity and …

As mass vaccination programs against COVID-19 become increasingly critical to many governments' strategies for pandemic management, blockchain firms are acting fast to propose ways in which the technology could offer solutions to some of the logistical hurdles involved. Blockchain company StaTwig — a graduate of the UNICEF Innovation Fund — was already trialing its blockchain-based solution VaccineLedger in 2019, in both India and the United States. Fast forward to 2021 and the global vaccination drive against COVI-19, the company has now partnered with Indian IT giant Tech Mahindra to roll out the solution worldwide. VaccineLedger is focused on improving the …

It is a given that connected devices need reliable, distributed ledger, technology-based digital identity solutions. That is an essential requirement for the Internet of Things (IoT). In the machine economy, devices must be able to recognize and communicate with one another; robust identity management solutions are key to effectively securing data and processes. But what about the multitude of analog “things” all around us? Surely they can also benefit from the advent of digital identity. Imagine the following: You are just back from a grocery run or a walk in the park with your pooch when you suddenly realize the …

Spanish-based seafood firm, Nueva Pescanova Group, has announced its working with IBM to utilize its Food Trust platform — a distributed ledger technology platform designed for supply chain traceability. According to a June 8 announcement from IBM, the partnership is already underway, with Nueva Pescanova utilizing blockchain technology to track shrimp fishing in Argentina and prawn cultivation in Ecuador. In the announcement, Ignacio González, the CEO of the Nueva Pescanova Group, stated the tracability platform will help the firm in meeting the United Nation’s Global Dialogue on Seafood Traceability (DGST) standards, stating: “We want to offer our consumers all over …

A blockchain-powered platform is vowing to tackle some of the biggest problems facing global healthcare right now — with the long-running coronavirus pandemic exposing some of the inefficiencies and fatal flaws that exist within this system. Radiologex says R-DEE streamlines communication, collaboration and data transmission, meaning patient files become truly interoperable and available anywhere in real time. This is a stark contrast to fax machines and couriers that hard-pressed medical facilities currently depend upon. But beyond providing unmatched security and unrivaled speed, the project’s founders also say that they are determined to eradicate manual documentation errors that can have a …

A decentralized communication hub is delivering DeFi for digital supply chains — eliminating the time consuming and complex processes that are associated with keeping businesses running smoothly and safely. Obortech is creating infrastructure known as the Smart Hub, allowing key players at every point of a supply chain to share information and collaborate through easy-to-use mobile and web interfaces. All of this can help deliver efficiencies that are crucial for companies running on razor-thin profit margins, and deliver verifiable product traceability from end to end. This cutting-edge approach means that documents can be exchanged through a tamperproof, joined-up system. Smart …

Advertising and marketing are at the center of the economy — but more often than not, existing practices can end up being grossly inefficient. One platform that is using cryptocurrencies to deliver better results for big brands is Wabi. Here, co-founder and CEO Alex Busarov explains how its approach compares with traditional forms of marketing… and how consumers benefit. 1. Hello! Can you tell us briefly what Wabi does? Wabi is a unit of value exchange between brands and consumers, and it works like a supercharged loyalty point. Consumers participating in our ecosystem get incentives in Wabi points, while brands …