Tag Archives: Blockchain Application


Walmart Turns to Blockchain Technology to Solve Food Safety Concerns

  by David Drake     Earlier this year, Walmart announced plans to use blockchain technology in its supply chain management system. This followed successful piloting of its blockchain-based supply chain system that developed in partnership with the International Business Machines IBM) corporation. Through an open letter to fresh leafy greens suppliers, Walmart is set to roll out its blockchain-based supply […]

World Economic Forum Touts Blockchain as a Solution to Environmental Concerns

  by David Drake     The wave of typhoons and hurricanes experienced last month clearly demonstrate that climate change is already here with us. Hong Kong experienced the ‘King of Storm’ at Category 10. An article published on the New York Post argues that global warming is making hurricanes more intense. Amidst all these environmental challenges, a report released by […]

The Real Reason Blockchain Technology Could Help Address Environmental Challenges

  by David Drake   In the last two years, the popularity of blockchain has grown in leaps and bounds. In 2018, the technology has formed the foundation on which startups like Noiz Chain and Epic Mega have built their marketing and entertainment content solutions. However, its potential is yet to be fully utilized according to a World Economic Forum […]

Walmart to Lower Food Contamination Using Blockchain in 2019

  by David Drake     Blockchain has gained traction as a technology for powering the financial sector in recent years. But this is changing fast. Just recently, Walmart, a mega retailer in the US said it will deploy blockchain technology in its logistics department as early as next year. The retailer will use blockchain to track suppliers’ movement of vegetables […]

Why Blockchain Adoption in Logistics will Happen Faster than in Fintech

  by David Drake     Over the years, the application of blockchain has largely been associated with the financial sector. This is perhaps because of its ability to enhance transparency in financial transactions and reduce the cost of transferring funds. But this is now changing as companies develop blockchain-based solutions across sectors. Great examples of innovative solutions powered by blockchain […]

What Prospects Does Blockchain Offer in Solving Environmental Problems?

  By David Drake   Blockchain is seen to be a technology that has potential to handle diverse prospects and challenges in different sectors. As a matter of fact, the technology is already powering solutions such as portfolio optimization by LiveTradr, entertainment content platform by EpicMega  and interactive marketing by Noiz Chain. By solving these challenges, blockchain provides an opportunity […]

Can Blockchain Technology Help with Building a Better Planet?

  By David Drake   Since the industrial revolution in the 1950s, there have been numerous gains in various economic facets, including agriculture and manufacturing. Unfortunately, these gains have also yielded unintended consequences for the environment due the loss of biodiversity and habitats leading to global warming and climate change. As such, the fourth industrial revolution has to help address […]

Can Blockchain Transform the Logistics Industry Beyond Fintech?

  By David Drake   Blockchain adoption has often been associated with fintech more than any other industry. However, there has been an increased interest with industries in different sectors seeking to  incorporate the technology blockchain in their operations. From manufacturing, real estate, legal to marketing and entertainment, companies like Noiz Chain, Epic Mega and LiveTradr are looking for ways […]

Why China is Embracing Blockchain But Shuns Cryptocurrency

  by David Drake     For more than 18 months now, China has waged war against cryptocurrencies. About a year ago, the country placed a ban on the sale of initial coin offerings and just weeks ago, it increased pressure on cryptocurrency activities. But even as the country suppresses any efforts of digital asset trading by limiting speculation, it is […]

The Real Reason Blockchain Is Not Ready for Mass Scaling

  by David Drake     Blockchain has proven to be disruptive technology with capabilities previously not imagined.  It offers comparative advantages of transparency, speed and efficiency over other existing payment networks. These advantages have propelled blockchain to the top with developers, investors and corporates scrambling for a piece of the pie. Over the last 18 months, numerous projects have been […]