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“The Australian arm of ‘big four’ consulting giant PwC has today announced a new ‘trade community system’ powered by blockchain technology.

“The culmination of years of a joint-effort between PwC Australia, the Australian Chamber of Commerce and Industry (ACCI) and the Port of Brisbane, the ‘Trade Community System’ has been launched as a proof-of-concept app today to improve international trade efficiency by linking supply chain information over a blockchain.”

In terms of blockchain adoption for supply chain, other countries seem to be moving further, faster than the US. Thoughts? Please post in the Comments below.

Read the entire article here.