Blockchain technology remains one of the hottest trends among financial, governmental and commercial organisations worldwide. ForkLog offers an overview of the most interesting recent initiatives.
West Bromwich Albion FC to launch blockchain-based ticket sales
The English Football League Two club West Bromwich Albion has entered into a partnership with SecuTix to launch the blockchain platform TIXnGO and the SecuTix 360 initiative.
The solution will enable fans to purchase tickets, while the club’s management can run marketing campaigns. The blockchain will ensure security in purchases amid the COVID-19 pandemic.
The club will cut costs through electronic tickets and cap resale prices. The blockchain will also verify the COVID-19 vaccination certificate.
Heifer International and IBM have implemented the IBM Food Trust blockchain in Honduras for coffee farmers
The non-profit Heifer International and tech giant IBM have implemented the IBM Food Trust blockchain in Honduras.
According to Heifer’s study, private coffee farmers lose up to 59% of potential profits due to a number of intermediaries in the supply chain. From producer to shop shelf, beans pass through cooperatives, traders, roasting, and sometimes cafés. Farmers are left with minimal profits.
The blockchain will enable recording and storage of data on coffee production and shipments, reducing the number of intermediaries. As a result, Honduran farmers will earn more.
Coadjute launches blockchain platform for real estate sales
The startup Coadjute launched in the United Kingdom a blockchain platform designed to help real estate firms exchange data on housing sales.
The first deal on the Coadjute Network was the purchase of a house in Kent, England. The blockchain serves as the linking hub for exchanging documents and coordinating the parties to the transaction.
Blockchain implemented to track beef supply chains in Zimbabwe
The non-profit E-Livestock Global, in partnership with Mastercard have implemented the Provenance blockchain to track beef supplies in Zimbabwe.
Each cow will carry a unique tag that registers it and its owner on the platform. The blockchain stores vaccination records, veterinary care and other health metrics.
The initiative will help Zimbabwe revive its beef export market, which was hit by a tick-borne disease in 2018.
Colorado to study blockchain for water resource management
Colorado lawmakers have tasked two state universities with studying blockchain for water-resource management in response to the state’s water shortage.
Among the study’s main objectives are improved monitoring, management and preservation of groundwater and surface water, reduced waste in processing and handling of wastewater, and greater stakeholder trust in transactions.
The initial results are due by 15 July 2022.
Also on ForkLog:
- Gazprombank will migrate the issuance of mortgage-backed securities to the Masterchain blockchain platform.
- Goldman Sachs conducted the first deal on JPMorgan’s blockchain platform.
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