The United States-based retail giant Target is creating an open source blockchain project for supply chain tracking.
This was announced in the official blog post from the company’s VP of architecture in Aril 22.
Target ran a pilot test using blockchain technology to certify its paper products along the supply chain in 2018 and made the source code open source in Github dubbed as ConsenSource.
ConsenSource is built on blockchain platforms hyperledger Sawtooth, one of the Hyperledger projects hosted by the Linux foundation.
It was also revealed in their blog-post that Target will be supporting the Hyperledger Grid, a project initiated by Cargill, one of the company’s main food suppliers.
Hyperledger Grid is reportedly to streamline supply chain infrastructure with blockchain technology, addressing a number of issues for food retail such as traceability, food safety and trader settlement.
Read more of today's Headlines! Click here
Headlines for the world of Cryptocurrencies - June 09, 2019
- Binance And Coinbase Dominates Crypto Space
- Samourai Wallet And Nodl Teaming Up For LN With Mixing Features
- A Federal State In Russia To Launch Blockchain Platform For Tourism
- Ukraine Bullish On Blockchain And Cryptocurrencies
- Facebook’s GlobalCoin Interest Yielding?
Headlines for the world of Cryptocurrencies - June 08, 2019
- Walmart In-Home Delivery Service Soon
- Coinbase Seeing 14-Month High On Trading Volume
- Company Behind Budweiser Invests On Blockchain Startup
- Trust Wallet App Now Supports Ravencoin (RVN)
- Bitcoin Overtakes Previous ATH In Argentina Peso
Headlines for the world of Cryptocurrencies - June 07, 2019
- Prospective Node Operator Of Facebook’s GlobalCoin Node Needs $10 Million Per License
- Facebook Will Spell Trouble For Ripple
- Republic of San Marino Now Offers Some Regulatory Clarity To Cryptocurrencies
- Kodak To Use Blockchain To Offer Secured Storage
- CME Sees May 2019 As Their Best Month For Bitcoin Futures Since 2017
