In the Know: This Week’s Blockchain Round-Up (September 1, 2017)

The world of blockchain is changing every day. Check out our weekly round-up to stay in-the-know on this evolving technology.

How Blockchain is Redefining the Future of Commerce

Blockchain is the first native digital medium for peer-to-peer exchange, similar in a sense to how the internet was the first digital medium for peer-to-peer value exchange. Blockchain is cheaper and faster than the current commerce system, and has already progressed the economy by making commerce and finances more transparent.

Read more here, via Huffington Post.


3 Benefits of a Blockchain-Based Food Ecosystem

FoodCoin is an ecosystem based on Blockchain technology, that focuses on creating a global marketplace specifically for food and agricultural products. Because of this system, farmers are reconnected to consumers, stimulating local economies in the process.

Read more here, via The CoinTelegraph.


Unilever, Nestle and other food giants team on blockchain

Nestlé, Unilever and Tyson Foods are exploring how blockchain technology can strengthen the global food supply chain, by working alongside an IBM-led collaboration. The project will be used to research new areas that could benefit the food supply chain.

Read more here, via GreenBiz.

 

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In the Know: This Week’s Blockchain Round-up (August 25, 2017)

The world of blockchain is changing every day. Check out our weekly round-up to stay in-the-know on this evolving technology.

5 Ways Businesses Are Already Using Blockchains

In 2016, Walmart began using blockchain to follow how pigs from China move through the supply chain to the American table. And now, not just the livestock industry, but the shipping, banking, law and diamond industries are already using blockchain to eliminate middlemen and cut costs.

Read more here, via Fortune.


What your company needs to know about the blockchain movement

All different types of companies are looking to incorporate blockchain from finance, logistics and manufacturing to researching, computing and insurance. By 2021, the blockchain technology market is expected to see a 61.5 percent compound annual growth rate.

Read more here, via Venture Beat.


Pentagon Thinks Blockchain Technology Can be Used as a Cybersecurity Shield

The U.S. military is interested in blockchain technology, as it could be useful for protecting military technology, communications and purchases. Blockchain could help increase departments and units’ entire security across the U.S. military.

Read more here, via The Cointelegraph.

Department of Agriculture Announces New Agribusiness Development Grant

This week, the Tennessee Department of Agriculture announced the Agriculture Enterprise Fund (AEF), a new agribusiness development grant that will provide assistance to new and expanding Tennessee agriculture and food businesses.

The AEF is an incentive program, with goals of eliminating distressed counties in Tennessee by 2025. It will focus on increasing on-farm income, farmers access to markets and agricultural innovation. The program supports Governor Bill Haslam’s priority of economic development and job creation, and is administered by the Department of Agriculture in conjunction with the Department of Economic and Community Development, a Rural Task Force partner.

It is encouraged that interested applicants apply for a grant soon, as the Department of Agriculture is accepting applications on a rolling basis. You can visit this webpage for further details on how to apply.

To check out more from the original post, visit TN Department of Agriculture.

In the Know: This Week’s Blockchain Round-up (August 18, 2017)

The world of blockchain is changing every day. Check out our weekly round-up to stay in-the-know on this evolving technology.

What’s in my food? DNA sequencing, blockchain provide a closer look

Blockchain will be available to grocers in the coming years, helping to record every time a product moves through the supply chain. This, in turn, will create an immutable digital record of movement from where the food has been.

Read more here, via San Francisco Chronicle.


How Blockchain Could Shape International Trade

Blockchain will be used by businesses and financial institutions, having an overall impact on global commerce. Adopting blockchain could reduce the widespread friction in the global economy, which could benefit importers and exporters who would be granted access to financial backing.

Read more here, via Foreign Affairs.


Blockchain May Give Rise to Even Smarter B2B Marketplaces

As the dot-com boom crested two decades ago, we saw a wide range of online B2B exchanges emerge across key industries, promising electronically delivered communications and trading between hubs, suppliers, customers and other parties. Now, blockchain is entering the enterprise mainstream.

Read more here, via Forbes.

In the Know: This Week’s Blockchain Round-up (August 11, 2017)

The world of blockchain is changing every day. Check out our weekly round-up to stay in-the-know on this evolving technology.

Arkansas Farming Cooperative Trials Blockchain to Track Chicken Shipments

A livestock farming cooperative in Arkansas will use blockchain to track the shipment of chicken, by scanning and tracing the transaction. The goal of the cooperative is for customers to learn about how the final product was crafted. This is the latest indication of tracking the movements of physical goods using blockchain technology.

Read more here, via Coindesk.


Practical Examples of How Blockchains Are Used in Banking and the Financial Services Sector

It’s predicted that blockchain, with its wide-reaching implications, will transform financial services, businesses and industries. By 2025, 10 percent of GDP will be stored on a blockchain or blockchain-related technology, according to a recent World Economic Forum report.

Read more here, via Forbes.  


From Farm to Fork: Your Food’s Entire History on the Blockchain

Blockchain can record the data from food sensors, which will help the overall transparency, security and automation on the global food supply chain. This will have a positive impact on the food ecosystem.

Read more here, via NASDAQ.


Blockchain and Retail: Four Opportunities

Since blockchain is a distributed ledger, this makes counterfeiting a lot harder. This technology will make it possible for an item’s history to have a verifiable record, which is great news for suppliers, manufacturers and shippers. It will also help to track the country of origin and product safety.

Read more here, via Forbes.

In the Know: This Week’s Blockchain Round-up (August 4, 2017)

The world of blockchain is changing every day. Check out our weekly round-up below to stay in-the-know on this evolving technology.

When blockchain meets big data, the payoff will be huge

Blockchain is becoming more mainstream, with audit trails and consensus-driven timestamping, to technology making an impact in the cost of storing data and the amount and quality of data available.

Read more here, via Venture Beat.


Big business booming with blockchain interest

57 percent of the world’s biggest companies and corporations are currently looking into blockchain technology as a potential integrated solution for various problems. 60 percent are actively considering the process of implementing the technology.

Read more here, via Cointelegraph.


Industries are ready for blockchain take off

The year 2018 could be a real breakthrough for blockchain technology within a number of industries. The information provided in this article was taken from a survey, where large companies are either considering or in the process of incorporating blockchain.

Read more here, via Finextra.  

The Seam presents at the APSA & NPBPA Pre-Harvest Meeting in Georgia

The Seam Chairman and CEO, Mark Pryor, presented at the 2017 pre-harvest meeting hosted by the American Peanut Shellers Association (APSA) and the National Peanut Buying Points Association (NPBPA) in Cordele, Georgia, this week.

Pryor spoke about the need for, and current lack of, business software technology in the agricultural industry, how real, actionable reporting benefits the industry, and how blockchain technology will provide “trusted” data for food safety and a wide range of sustainability initiatives.

It was also at the pre-harvest meeting that The Seam announced that it will provide grading data directly to the producer through SMS alerts this season.

Committee meetings were held on Tuesday, August 1, and the general business session was held the following day, with a welcome from U.S. Congressman Austin Scott. Those in attendance heard from a variety of speakers, like The Peanut Institute and the latest from Georgia Federal-State Inspection.

Check out our pictures below from the event.

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