In-house blockchain technology solutions continued to permeate supply chains as Australia’s Commonwealth Banks has successfully conducted a high-profile shipping experiment. ‘Agile, Efficient and Transparent’ Australia’s Commonwealth Bank has successfully shipped and tracked seventeen tonnes of almonds in a blockchain-based collaboration with five domestic and international supply chain leaders. The platform used purportedly utilizes distributed ledger technology, smart contracts, and the internet of things (IoT). Stated Chris Scougall, Managing Director of Industrials and Logistics in ClientRead MoreThe post Commonwealth Bank Boasting Blockchain-Enabled Global Trade Platform appeared first on Bitcoinist.com.
