Financial Times: Blockchain may have started life as the technology underlying cryptocurrencies such as bitcoin but it is quietly starting to revolutionise a far more prosaic sector: the world of food and drink. MORE >>>
In terms of blockchain adoption for supply chain, other countries seem to be moving further, faster than the US. Thoughts?
“While Microsoft’s blockchain supply chain group, Project Manifest, is gaining traction with potential partners, the effort to track everything from auto parts to medical devices remains tightly held under non-disclosure agreements.”
“If, for example, we imposed a seven-day prison sentence for every fake product sold, the world would look very different both in terms of intellectual property enforcement and food and drug safety…”
“The retailer, which started running tests with International Business Machines Corp.’s blockchain platform in 2016, is ready to use the technology on its live food business.”