Nestle, Unilever, Tyson and Others Team With IBM on Blockchain

MT: @IBM Food supply chain firms inc @Nestle @Unilever + Tyson team with IBM on #blockchain

  • CHICAGO/NEW YORK, (Reuters) – Nestle SA, Unilever Plc, Tyson Foods Inc and other large food and retail companies have joined IBM’s project to explore how blockchain technology can help track food supply chains and improve safety, the companies said in a joint statement on Tuesday.
  • Blockchain, which first emerged as the system underpinning cryptocurrency bitcoin, is a shared record of data maintained by a network of computers, rather than a trusted third party.
  • A total of 10 companies said they will share data and run trials with IBM, including Kroger Co, Dole Food Company Inc [DFCI.UL], McCormick & Company Inc, Golden State Foods Corp [GSFDP.UL], Driscoll’s Inc and Berkshire Hathaway’s McLane Co.
  • Wal-Mart Stores Inc also is participating and has worked with IBM since October to track the movement of food products.
  • “It is not just about building the technology, it is about building the ecosystem,” Brigid McDermott, vice president for blockchain business development at IBM, said.

Nestle SA, Unilever Plc, Tyson Foods Inc and other large food and retail companies have joined IBM’s project to explore how blockchain technology can help track food supply chains and improve safety, the companies said in a joint statement on Tuesday.
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Nestle, Unilever, Tyson and others team with IBM on blockchain

Nestle, Unilever, Tyson and others team with IBM on blockchain

  • CHICAGO/NEW YORK, (Reuters) – Nestle SA (NESN.S), Unilever Plc (ULVR.L), Tyson Foods Inc (TSN.N) and other large food and retail companies have joined IBM’s (IBM.N) project to explore how blockchain technology can help track food supply chains and improve safety, the companies said in a joint statement on Tuesday.
  • A total of 10 companies said they will share data and run trials with IBM, including Kroger Co (KR.N), Dole Food Company Inc [DFCI.UL], McCormick & Company Inc (MKC.N), Golden State Foods Corp [GSFDP.UL], Driscoll’s Inc and Berkshire Hathaway’s (BRKa.N) McLane Co.
  • A single recall could cost anything from tens of thousands to millions of dollars in lost sales, Wal-Mart’s head of food safety, Frank Yiannas, told Reuters last month.
  • “Yes, the industry is cautious because this could be the next best thing since sliced bread but you wouldn’t say everything was fine and dandy after a trial you had with just two suppliers,” Kroger’s head of food safety Howard Popoola told Reuters.
  • Because blockchain can quickly trace the hundreds of parties involved in the mass production and distribution of food, it is expected to make it easier to identify the source of potential contamination during food safety scares.

CHICAGO/NEW YORK, (Reuters) – Nestle SA (NESN.S), Unilever Plc (ULVR.L), Tyson Foods Inc (TSN.N) and other large food and retail companies have joined IBM’s (IBM.N) project to explore how blockchain technology can help track food supply chains and improve safety, the companies said in a joint statement
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Can The Transport Ecosystem Be Disrupted with Blockchain?

  • With the fast-paced emerging of technology, blockchain has been born and now fills up the commerce and business news.
  • Today, many companies are already testing the capabilities and possibly leveraging the uses of Blockchain technology into their core business, and because of its popularity, start-up companies emerged on the surface.
  • Blockchain can disrupt the transport ecosystem in such a way as it will be more convenient and safer for the consumers and it will build trust and innovative solutions to the current transportation systems.
  • Blockchain technology will also provide security for the user’s identity, age, coverage such as insurances, ability to pay while being under the protection of anonymity of the commuter’s travel information.
  • Promising businesses such as DOVU aims to change the way we live, the way we do business and the way we travel by enabling a system that is powered by data and trust.

With the fast-paced emerging of technology, blockchain has been born and now fills up the commerce and business news. It is taking everything by storm an…
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Interac takes e-Transfer service off-line temporarily to address technical issue

  • Interac says it has temporarily taken its e-Transfer service off-line to address an “internal technical issue” that has caused service disruptions for a number of customers trying to transfer money online.
  • “Financial institutions will not be able to process any transactions while we have the system off-line, nor will consumers be able to send or receive any Interac e-Transfer transactions,” Interac spokesperson Colleen Harasymchuk said.
  • The email money transfer service ferries funds between personal and business accounts at participating banks as well as other financial institutions.
  • Interac announced about an hour later that the service had been restored, but then followed up with another tweet several hours after that saying that it was continuing to experience a problem.
  • On Friday, Interac said its other products and services were unaffected by the technical issues.

Interac says it has temporarily taken its e-Transfer service off-line to address an “internal technical issue” that has caused service disruptions for a number of customers trying to transfer money online.
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10 ways blockchain will change your life

10 ways #blockchain will change your life

  • This is thanks to how the blockchain system reads more data and is very transparent.
  • In particular:

    ● You can create limits as to what specific parties can do with a blockchain setup.

  • You can use blockchain in cases where you need to get many parties to read the same data but while also maintaining some control.
  • A great part of blockchain is that it uses no third parties for managing transactions.
  • Blockchains may be generated for acquiring renewable energy credits.

Starting to gain traction in the mainstream, this technology has a lot of far-reaching potential Blockchain is an intriguing concept to explore. It is a digital ledger that entails transactions, working with data arranged through a series of records called blocks. This uses a secure system and is essential
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Hackers: We Will Remotely Wipe iPhones Unless Apple Pays Ransom

  • A hacker or group of hackers is apparently trying to extort Apple over alleged access to a large cache of iCloud and other Apple email accounts.
  • The hackers provided screenshots of alleged emails between the group and members of Apple’s security team.
  • an unnamed member of Apple’s security team wrote to the hackers a week ago, according to one of the emails stored in the account.
  • Now, the hackers are threatening to reset a number of the iCloud accounts and remotely wipe victim’s Apple devices on April 7, unless Apple pays the requested amount.
  • According to one of the emails in the accessed account, the hackers claim to have access to over 300 million Apple email accounts, including those use @icloud and @me domains.

“I just want my money,” one of the hackers said.
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Who Owns The Data In Google’s Healthcare ‘Blockchain’?

  • That may be changing, not least due to the news that DeepMind have recently announced plans to use blockchain style technology to give all players in the health sector more real-time access to medical data.
  • The nature of blockchain supports this, as every interaction with a piece of data is recorded.
  • There is an understandable desire to create a reliable audit trail for patient data to ensure that patients can have faith that their data is both secure and handled with due care and attention.
  • “Patients need to be certain that all their health data is handled with the utmost care and respect, and that their privacy and security are protected at all times.
  • There is undoubtedly a huge need for data to be better managed within the healthcare industry, both in terms of better synchronizing the various forms of patient data that are being generated, but also the responsible sharing of that data with researchers and clinicians.

I’ve written a few times recently about the potential for blockchain to make a dent in the healthcare world.  The technology received a boost from w…
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