Blockchain for Supply Chains

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,…

Blockchain and Use Cases for the SDGs

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,…

Blockchain for Governments

While some government officials are still in a wait-and-see mode, others see significant advantages in moving ahead now with what they see as immediate solutions and innovative technology implementations that may pay off in the long run. There are many examples of use cases across countries including: the European Union (EU  – anti-counterfeiting), Estonia (Digital Government), US (FDA, DHS, HHS, GSA  – security, anti-counterfeiting), China (Payments), India (Payments, Land Registry), Switzerland (Identity), Denmark (Voting), Dubai (Digital Government), Georgia (Land Registry), Gibraltar (Stock Exchange), and many more (Woods, 2018). Besides these…

Blockchain, Human Rights, and the Supply Chain

Blockchain and Supply Chain

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…

Blockchain and Fintech

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…

Blockchain and Agricultural Transformation

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…

Blockchain for Health – SDG 3 and SDG 9

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…

Can Blockchain Keep Refugees From Becoming “Invisible”?

‍When Toufic Al Rjula applied for asylum in the Netherlands four years ago, he handed over all the original copies of his documents to the immigration office: his passport, his driver’s license, everything. “They even took my library card,” he says. His asylum claim took two years to be processed, during which time he had no legal proof of his identity. Al Rjula, who is Syrian, had been living in the Netherlands on a work contract before seeking asylum. “I thought: ‘I live in the Netherlands, I have a tax…

IndiaChain – Reimagining India Through Blockchain

IndiaChain – Reimagining India Through Blockchain

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…

Inside the Jordan refugee camp that runs on blockchain

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,…

How Will Blockchain Dominate Technology?

How Will Blockchain Dominate Technology? By Bhavik Moradiya on ALTCOIN MAGAZINE Bhavik Moradiya Sep 30, 2018 Blockchains, or digitized and decentralized lists of records, generally of financial transactions or other, similar data, have been growing in popularity in recent years. The trend has taken off to the extent that it has attracted the attention of many tech-organizations, most of which are investing time and funds into carrying out more research on blockchains. However, for most of us, the concept of blockchains seems a relatively uninteresting idea that talks about the future of the internet…

BlockChain: Bringing Trust Into Our Food Supply Chain

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…

Blockchain and Its Application for Agri Policy Makers – 5 Innovative Use Cases..

Blockchain has been gaining momentum and innovative companies across the globe are coming up with various applications for it. Nearly $4bn was poured in by venture funds into Blockchain startups in 2018. Can this technology really have application for the Agriculture public policy makers ? In the last few weeks, I have had opportunity to meet and discuss with policy makers in South East Asian countries on various applications of Blockchain relevant for them. Here are some of their most pressing use cases: Food Traceability- Food safety is a big…

Blockchain research to support Sustainable Development Goals

UNDP is partnering with Blockchain, the world’s leading software platform for digital assets, the UN Refugee Agency (UNHCR) and the World Economic Forum (WEF) to explore the use of block chain technology for development. In a pioneering white paper titled “The Future is Decentralised”, Blockchain and UNDP offer potential solutions to a wide range of issues, including the conservation of natural resources, economic growth, and financial inclusion and security, for the benefit of our common humanity. The Future is Decentralised provides a first step in helping policy makers, regulators, and…