How Bitcoin's Technology Could Make Supply Chains More Transparent
Reid Williams is a senior designer and engineer at IDEO Futures, where he works at the intersection of technology, design, and new venture creation. Alongside Joe Gerber, he is kicking off the Bits + Blocks Lab, a pop-up blockchain startup creation lab hosted at the Harvard Innovation Lab. This post, which examines how the technology behind bitcoin could make supply chains much more transparent, is part of the Humans + Bits + Blocks series. Where does stuff come from? Whether we buy a taco or an iPhone, we're at the receiving end of a supply chain that often stretches around the globe.....
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Blockchain technology has proven to be transparent and could make international trade transparent and even more secure. Since time immemorial, technological innovations have shaped the structure of commerce and trade. The discovery of electricity encouraged mass production and the advent of steam engines ushered in an era of mechanized production. From information to communication, technology has been used everywhere to make life easier. For this reason, blockchain technology has been tapped by many as the next big thing, considering its use cases which cut across numerous industry....
The total supply for USDC on Ethereum has surpassed that of Tether, putting USDT in second place on Ethereum for the first time. Circle’s USD Coin (USDC) has reached a major milestone by surpassing Tether (USDT) in total supply on the Ethereum network.USDC’s current supply on Ethereum as of writing is 40.06 billion tokens, just ahead of USDT’s supply of 39.82 billion. Tether has been the most popular stablecoin since at least 2016, after originally sharing the market with BitUSD and NuBits (USNBT) stablecoins when it launched in late 2014. At that time, USDT ran on Omni. As the latter two....
While many enterprise businesses continue to write off blockchain as technology for tomorrow, innovators like IBM are already using blockchain to refine their global supply chains and cut costs today. However, IBM is far from alone. Both incumbents and innovators are increasingly predicting the $18tn global supply chain sector will feel the brunt of blockchain’s disruptive potential. CoinDesk Research’s latest ‘Trade Finance and Supply Chains’ report takes a deep dive into this evolving narrative, showcasing how startups and incumbents are using cutting-edge technologies to rethink global....
Parker Lewis of Unchained Capital joined "Fed Watch" to discuss supply chains and pricing mechanisms with Bitcoin.
Blockchain technology has emerged as a tool for addressing an important global issue: the growing complexity of the food supply chain and the increasing amount of wasted food, according to a senior research fellow at the University of Surrey. Writing in The Conversation, an online source of information from the academic and research community, senior research fellow, Phil Godsiff said that a recent analysis suggested that half of U.S. food production is wasted, with global estimates above 30 percent. The growing use of sensors in the food supply chain, paired with blockchain technology,....