The company recently signed international deals with Unilever
for supply chain tracking across Europe, and with AB InBev in South Africa.
Beyond the financial and payments applications, use cases for blockchain technology
include supply chain tracking, authorship, ownership, identity management, and even diamond and gemstone identification and tracking.
Devery.io, a blockchain - based start - up focused
on supply chain tracking, signed with Tunisia's ministry of education to implement a blockchain - based tracking system for its school meals programme.
Contrast this with
current supply chain tracking, which often involves information stored in different electronic formats and sometimes in handwritten notes.
Speaking during the EDItEUR -
convened Supply Chain Track at the Tools of Change Frankfurt conference, Downer, now a retail consultant, pointed to the more protected and regulated European book markets as places where diversity in publishing and bookselling was being protected, in contrast to the UK, where Amazon is now selling 30 % of all printed books, and the vast majority of e-books.
Today, enterprises are deploying private ethereum networks in or near production in areas as diverse
as supply chain tracking, payments, data privacy, compliance and asset tokenization just to name a few.
In fact, some of them have been done on centralized database architecture long ago e.g. RFID -
based supply chain tracking, car wallet, etc..
Blockchain can support a wide range of applications, and it's already being used for peer - to - peer payment services,
supply chain tracking and more.
The bank offers them blockchain that provides delivery orders, streamlined invoices, instant payment and
supply chain tracking.
The partners will help each other develop the foundations for different use cases, such as post-trade settlement, payments between banks, and
supply chain tracking, while competing on applications and services built atop the networks.
NTT DATA is also experiencing advisory and implementation services with Oil & Gas and Manufacturing companies, in domains like Commodities Trade and
Supply Chain Tracking (currently 2 demo on Hyperledger Fabric, new project with customer about Food Chain Tracking).
There are applications in finance, identity,
supply chain tracking, health care, energy and many other areas.