Canada’s Shoppers Drug Mart to Utilize Blockchain in Tracking Cannabis Products

Canada’s Shoppers Drug Mart to Utilize Blockchain in Tracking Cannabis Products

With the emergence of blockchain initially in the sphere of cryptocurrency, other industries have also found this technology useful and have not wasted time in making use of it. From the financial industry to supply and logistics, and finally, the medical field. The crypto news making the rounds currently has to do with a retail pharmacy chain in Canada known as Shoppers Drug Mart partnering with a blockchain company TruTrace Technologies to debut a program…

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The FDA Partners with Walmart, IBM, Merck to Improve Pharma Supply Chain via Blockchain

The FDA Partners with Walmart, IBM, Merck to Improve Pharma Supply Chain via Blockchain

The United States’ federal agency, Food and Drug Administration (FDA), has partnered up with four high profile firms to launch a pilot program to apply blockchain technology in the drug supply chain, Reuters reported on June 13. IBM, Walmart, Big Four auditor KPMG, and Merck are the four big names that the FDA has tapped for the implementation of a Proof-of-Concept (PoC) blockchain network to share and track data on the distribution of prescription drugs….

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Legal & General to Move Pension Annuities to Blockchain via Amazon Web Services

Legal & General to Move Pension Annuities to Blockchain via Amazon Web Services

The UK insurer, Legal & General, is reportedly making moves for pension annuities paid to pensioners to move permanently to blockchain via Amazon Web Services (AWS). Pension annuities usually last for several years. They could go on for up to 50 years. It is only normal for a contract that lasts that long to be registered in an unalterable and secure platform. And which platform offers such level of transparency and security today besides blockchain?…

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Research: Women Write less than 5% of Codes in the Cryptocurrency Industry

Research: Women Write less than 5% of Codes in the Cryptocurrency Industry

Less than 5 percent of the code commits to the top 100 cryptocurrency projects were made by women, finds a report by journalist Corin Faife. The author posted his findings in a blog post on Medium. Faife gathered over 1,026,804 code commits for his research and out of those only just 47,678 were made by a female name. That makes up only 4.64 percent of the total amount. Commits by a developer with a male…

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University of British Columbia to Offer a Graduate Blockchain Training Path

University of British Columbia to Offer a Graduate Blockchain Training Path

The Canada-based University of British Columbia (UBC) announced a blockchain and distributed ledger technologies training program for masters and Ph.D. students. The announcement came in a press release on June 11. According to the press release, the training path is going to be focused on blockchain’s application in health and wellness, clean energy, regulatory technology, and indigenous issues. The program is supposed to run for a length of 6 years. UBC hopes to equip 139…

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Retail Behemoth Target to Deploy Blockchain for Multi-Enterprise Transactions

Retail Behemoth Target to Deploy Blockchain for Multi-Enterprise Transactions

Apart from being the underpinning technology behind cryptocurrencies, blockchain technology is a lot more. Large organizations have come to know it earlier and started to adapt it for various functions. Even one of the largest US retailers such as Target couldn’t be left untouched from its benefits as the company has started working on blockchain applications back in 2018. The Minneapolis-based Target Corporation is the eighth-largest retailer in the United States – Target operates almost…

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White South African Communities Want Blockchain to Liberate them from the Government

White South African Communities Want Blockchain to Liberate them from the Government

In a report by Wired, Dawie Roodt, a ground-level economist and a member of the small community of Orania in South Africa, argues for blockchain technology to build “state-proof” communities that are decoupled from the country’s troubled economy. In his interview, Roodt expresses his distaste for the current political situation in his country. The dominating part in South Africa, the South African National Congress, has been roped into yet another corruption scandal as the country’s…

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Retail Giant Carrefour Leverages Blockchain to Track Food and Increase Sales

Retail Giant Carrefour Leverages Blockchain to Track Food and Increase Sales

Carrefour, the French retail giant, has attributed the recent increase in sales to the adoption of a blockchain-powered system to track food, as reported by Reuters. Carrefour is just one of the numerous big companies which have been working on blockchain powered-solutions for their supply-chain operations. The increase in sales reported by Carrefour is ascribed to its blockchain implementation, and it is only going to encourage more companies to adopt this robust and powerful technology….

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CFTC Chairman Says Blockchain Could Have Stopped the 2018 Housing Crisis

CFTC Chairman Says Blockchain Could Have Stopped the 2018 Housing Crisis

Italy’s Commissione Nazionale per le Società (CONSOB) this year has brought to light some digital challenges facing regulatory bodies in the 21st century. The just concluded CONSOB had a number of regulatory agencies in attendance, including the US CFTC. Comparing the digital world today to the Futurist movement in art and literature in 1909, the chairman of the US Commodity Futures Trading Commodity (CFTC), Christopher Giancarlo, educated his audience on how desperate times call for…

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The Wharton School of Business to Include FinTech and Crypto Studies

The Wharton School of Business to Include FinTech and Crypto Studies

The Wharton School of the University of Pennsylvania has recently announced all-new business-related online course specific to financial technologies in business. The program is said to cover all the major topics related to the latest blockchain technology that includes ICOs, crypto payments, decentralization, lending and modern investing. “Fintech: Foundations and Applications of Financial Technologies,” the four-course specialization will be available on the Coursera, an open online learning platform. With this program, the Wharton School has…

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