Supply chain use cases for Blockchain apply from the origin of monitoring and verification of manufacturing or production, Inventory management & asset tracking, vendor payments to regulatory audit & security functions and its application to the food, pharmaceuticals, automobile and several other industries. In today’s world, supply chain involves large networks of disparate partners that need to manage through complexity of diverse digital distribution models and global networks. The Blockchain technology is ideally suited for establishing a shared, immutable record of all the transactions that take place within a network,…
With the advent of Blockchain technology and its potential to disrupt the way the world has been doing business for many centuries, there is an intense amount of gossip and buzz and an ocean of online literature on the topic. The blockchain revolution is considered analogous to the internet revolution in 1994 but at the same time a diverse and a large population in the developed and developing world, alike, do not even know if there is something called Blockchain, let alone what it really is or going to be,…
Author: Laura Marissa Cullell Or is there more to it? e-Estonia is commonly touted in the Blockchain community as a digital republic that utilizes blockchain technology. It is viewed as a haven for EU start-ups, with their e-residency model spread far and wide as a prime example for technological progress. My MA thesis research on Blockchain and the Sustainable Development Goals took me down the rabbit hole on e-Estonia and I found out that e-Estonia, is in fact, not technically on blockchain. So how did we get here? This article will provide an in-depth…
By: Laura Marissa Cullell Marketing & Operations Officer How much do you know about the products you use or buy on a regular basis? Or where your cell phone parts come from? What about the people who made them? Or What materials were used and wasted? The journey of a product is long and vast, and goes through several distributors, third parties, storage facilities, suppliers that handle anything from design, to sales, and productions. A product passes through so many different stages, and hands before making it onto store shelves. It’s…
By: Laura Marissa Cullell Marketing & Operations Officer Can technology progress human rights? Provide humanitarian aid? Help combat Climate Change? Address issues of identity, trafficking, and provide access to food? The answer to these questions is yes. And Blockchain is a fantastic space to explore these issues right now. In the last article of our series on Unique and Interesting Use Cases for Blockchain, I explore some of the applications of blockchain to achieve the UN Sustainable Development Goals. Part I explored just some of the use cases of this innovative tech in…
Various reports and the number of Blockchain use cases implemented suggest that the financial sector stands to gain the most from Blockchain-based service implementations. Some of the many use cases discussed below are to highlight only the most obvious use cases. Trade Finance In trade finance Stock and Share sale and purchase transactions that can sometimes take two to three day are made through brokers and exchanges for clearing and settlement it requires tedious processing through paper and electronic media. Each party including middlemen maintain their record of transactions or…
Food Safety is of vested interest for both producer and consumer and to achieve that it is important to have the traceability of provenance for knowing if it is fresh and exactly where it comes from, who grew and processed it. This could also help in preventing fraud, false labelling, redundant middlemen, reducing transaction costs and overcoming some challenges of logistics, especially related perishable food items with shorter shelf life. Sam Mire (2018) mentioned that “linking agricultural shipping and monitoring processes using a shared, decentralized Blockchain ledger adds value to…
During the recent years we have seen a significant growth of Electronic Medical Records (EMR), mainly driven by legal compliances, need for efficiency and cost-effectiveness and above all proven effective for providing quality care by using the data for preventive medical care. in various parts of the world. To provide proper and timely treatment to a patient (conscious or unconscious) anywhere, availability of patient’s EMR prove to be extremely important. EMRs need to be swiftly and seamlessly accessible to the health care providers at the time of need. Patients may…
The Merriam-Webster defines privacy as freedom from unauthorised intrusion. Data privacy is not necessarily about secrecy or having something to hide. It is about control related to the use and disclosure of data (Cavoukian, 2017); the capability to choose whether the information is disclosed to others and determine how it is used, as mentioned by Steven T. Snyder (2019). Snyder also added that “The highest degree of privacy for an element of information would be if its owner had complete control over its dissemination and use for as long as…
xpressmoney.com January 4, 2019 On 1st February, in his 2018 Union Budget speech, Finance Minister Arun Jaitley declared that the government of India would not recognize cryptocurrency as legal tender. However, he added that India will explore the potential of blockchain in governance. And so, it did. Niti Aayog, the government’s think tank, was put to the task of studying the use-cases of blockchain technology and developing viable prototypes. It is currently working on what could be the world’s largest implementation of blockchain in governance- IndiaChain. Before we dive into…
Syrian refugees could regain legal identities that were lost when they fled their homes. by Russ Juskalian Apr 12, 2018 A few times a month, Bassam pushes a shopping cart through the aisles of a grocery store stocked with bags of rice, a small selection of fresh vegetables, and other staples. Today he’s wearing a black sweater tucked into denim jeans, which are themselves tucked into calf-high boots caked in mud. The Tazweed Supermarket, where he’s shopping, is on the periphery of a 75,000-person refugee camp in the semi-arid Jordanian steppe,…
Food industry is changing fast. During my school days in a tier-2 city of India I used to eagerly await summers, not just for the summer holidays but also because two of my favorite fruits i.e. Mangoes and Watermelon were available only during those 2 months. My 7-year son doesn’t know what seasonality of fruits is, because practically everything is available every time today. While we have made great strides in making food available at all places and all times- thanks to global trade and cold chains- we are still…
The benefits of blockchain are well-established – trust, transparency, immunity to fraud among many others. Cryptocurrencies like bitcoin have existed since 2009 and despite its advantages, banks and governments have resisted the technology. Mr Mukunda Madhava Related Forums This forum has 429 topics, 83 replies, and was last updated 2 years ago by Wilton Luscombe. Viewing 15 topics - 1 through 15 (of 427 total) 1 2 3 … 27 28 29 → Topic Voices Posts Last Post Is it profitable to invest in crypto gaming in 2023 & beyond?…
In the Azraq refugee camp in Jordan, Syrian refugees queue in supermarkets where cashiers are equipped with iris scanners. Once identified using biometric registration data from the United Nations High Commissioner for Refugees (UNHCR), they can spend food vouchers provided by the UN World Food Program (WFP). Food voucher transactions for 100,000 refugees in Jordan are now recorded on the WFP’s Ethereum-based blockchain, a system called Building Blocks. By the end of 2018, WFP’s Director of Innovation and Change Management Robert Opp hopes that Building Blocks will serve 500,000 people — WFP’s…
Among the many challenges that blockchain technology is poised to solve, is ending poverty. While technological advancements have significantly reduced global poverty over the past century, it is still not gone. There are still more than 1.3 billion people in the world living in extreme poverty (defined as having less than $1.25 to spend each day). General causes for poverty include lack of access to banking facilities and lack of legal property ownership. Both of which are major issues in developing countries and can be solved with blockchain technology. (Credit:…
