EconoTimes: The Seam, IBM team up to launch cotton blockchain consortium using Hyperledger Fabric

Commodities trading and agri-business company, The Seam, announced on Thursday that it has collaborated with IBM to form a blockchain consortium for the global cotton industry, using the Hyperledger Fabric.

“This new technology [blockchain] will be transformational for the cotton industry. There are numerous organizations, processes, systems and transactions involved from the field to fabric. Situated at the intersection of agriculture, finance, and technology, The Seam with the help of IBM, is uniquely positioned to introduce blockchain technology to cotton-affiliated businesses worldwide,” Mark Pryor, Chairman and CEO of The Seam, stated.

Read more via EconoTimes.

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