The system combines Merck’s M-Trust physical authentication with Hashgraph’s TrackTrace platform to connect physical cocoa with auditable digital records.
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Blockticity is moving more than 1 million authenticated trade records tied to $7.7 billion in goods onto Walrus for tamper-evident verification.
Merck and The Hashgraph Group are integrating M-Trust with Hedera-based TrackTrace to link physical product authentication with EU Digital Product Passport compliance.
“Adding a layer of blockchain technology improves the transparency in end-to-end traceability,” says Rossano de Angelis Jr., Bunge’s VP of Agribusiness in South America.
The collaboration focuses on transforming supply chain management within the consumer goods industry, marking a significant step towards transparency and efficiency.
Sensos introduces a groundbreaking solution combining cellular technology and AI to tackle the logistics industry’s fragmentation and inefficiency, offering real-time, actionable data for proactive management.
Blockchain technology has been around since 2008 and has been primarily associated with cryptocurrencies. However, its applications have expanded beyond finance and into several other industries, from supply chain management to healthcare and gaming.
Will share insights on the value of blockchain for supply chain management.
“Using Blockchain can bring unprecedented security, trust, automation and efficiency to almost any type of transaction,” states Minh.
Blockchain technology has proven to be the best way to manage and streamline the global supply chain efficiently.