WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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6 Technologies on the Gartner Hype Cycle for Digital marketing and Advertising to prioritize in your marketing technology investments 

6 Technologies on the Gartner Hype Cycle for Digital marketing and Advertising to prioritize in your marketing technology investments  | WHY IT MATTERS: Digital Transformation | Scoop.it

Use the 2019 Gartner Hype Cycle for Digital Marketing and Advertising to prioritize your marketing technology investments.

Farid Mheirs insight:

WHY IT MATTERS: Gartner recommends that marketers prioritize the following 6 tech this year. Do you?
1- Customer data platform (CDP)
2- Artificial intelligence for marketing
3- Blockchain for advertising
4- Real-time marketing
5- Multitouch attribution
6- Conversational marketing

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Research Briefing: Emerging Trends in Energy shows that #AI and #blockchain should have a profound impact via @CBinsights

Research Briefing: Emerging Trends in Energy shows that #AI and #blockchain should have a profound impact via @CBinsights | WHY IT MATTERS: Digital Transformation | Scoop.it

Technology is changing the face of the energy industry. Communities are using blockchain to sell solar power to each other. Big oil and gas companies are using artificial intelligence to map out potential extraction points. Disaster zones and emerging markets are moving directly to microgrids and away from centralized grid models.

In this briefing, we cover:

  • Major corporates that are backing blockchain technology to improve energy transactions, like Siemens, which has partnered with LO3 to launch the Brooklyn Microgrid
  • The implications of startups like Bidgley that are helping utilities disaggregate the massive deluge of data that has come from a new wave of connected devices
  • The role that artificial intelligence can play in the industry, from making grids smarter and more responsive to improving storage efficiency
  • What a sturdy cybersecurity offering might look like in the energy industry
Farid Mheirs insight:

WHY IT MATTERS: the impact of blockchain goes way beyond bitcoin fiasco and has potential to help in energy trading for example. Of cours AI will impact energy as all other sectors. more in this research briefing.

stellentdigitalplano@gmail.com's comment, August 20, 2019 2:20 AM
Nice and very informative post :) Take a dive into something more interesting like https://bit.ly/2z9ENvs
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Top 10 Emerging Technologies 2019 highlight practical applications of #digital #AR #VR #robots #blockchain via @weforum

Top 10 Emerging Technologies 2019 highlight practical applications of #digital #AR #VR #robots #blockchain via @weforum | WHY IT MATTERS: Digital Transformation | Scoop.it

The technologies on the list, which is curated by members of the Forum’s Expert Network, are selected against a number of criteria. In addition to promising major benefits to societies and economies, they must also be disruptive, attractive to investors and researchers, and expected to have achieved considerable scale within five years.

Farid Mheirs insight:

WHY IT MATTERS: always good to look beyond digital transformation into practical applications of the digital technologies. In particular, #2,6,7 in the list. Here an extract from the #7 highlights an application of blockchain which we've been tracking for a while as a disruptive digital technology that has received a lot of bad press with the bitcoin debacle but that has real future...

"Together, a pair of technologies could reduce both food poisoning and food waste. The first, an innovative application of blockchain technology (better known for managing virtual currency) is beginning to solve the traceability problem. Enhanced food packaging, meanwhile, is providing new ways to determine whether foods have been stored at proper temperatures and whether they might have begun to spoil."

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Key #technology concepts behind @Faceboook #cryptocurrency are #openSource & documentation is available online- the State Machine Replication in the #Libra #Blockchain

Key #technology concepts behind @Faceboook #cryptocurrency are #openSource & documentation is available online- the State Machine Replication in the #Libra #Blockchain | WHY IT MATTERS: Digital Transformation | Scoop.it

This report presents LibraBFT, a robust and efficient state machine replication system designed for the Libra Blockchain. LibraBFT is based on HotStuff, a recent protocol that leverages several decades of scientific advances in Byzantine fault tolerance (BFT) and achieves the strong scalability and security properties required by internet settings. LibraBFT further refines the HotStuff protocol to introduce explicit liveness mechanisms and provides a concrete latency analysis. To drive the integration with the Libra Blockchain, this document provides specifications extracted from a fully-functional simulator. These specifications include state replication interfaces and a communication framework for data transfer and state synchronization among participants. Finally, this report provides a formal safety proof that induces criteria to detect misbehavior of BFT nodes, coupled with a simple reward and punishment mechanism.

Farid Mheirs insight:

WHY IT MATTERS: Facebook announcement of its cryptocurrency called LIBRA will generate many comments but I expect few will take time to look at the technology behind the solution. Here, the blockchain state machine is explained in a detailed whitepaper.

IMHO this is the most interesting piece as it lays out the required components to implement a blockchain solution. This will require knowledge and expertise that today few have. If LIBRA is a commercial success then expect others to leverage the same technology in their solutions. Thus, worth reading.

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Key #technology concepts behind @Faceboook #cryptocurrency are #openSource & documentation is available online- Move: A Language With Programmable Resources for #Libra #Blockchain

Key #technology concepts behind @Faceboook #cryptocurrency are #openSource & documentation is available online- Move: A Language With Programmable Resources for #Libra #Blockchain | WHY IT MATTERS: Digital Transformation | Scoop.it

We present Move, a safe and flexible programming language for the Libra Blockchain. Move is an executable bytecode language used to implement custom transactions and smart contracts. The key feature of Move is the ability to define custom resource types with semantics inspired by linear logic: a resource can never be copied or implicitly discarded, only moved between program storage locations. These safety guarantees are enforced statically by Move’s type system. Despite these special protections, resources are ordinary program values — they can be stored in data structures, passed as arguments to procedures, and so on. First-class resources are a very general concept that programmers can use not only to implement safe digital assets but also to write correct business logic for wrapping assets and enforcing access control policies. The safety and expressivity of Move have enabled us to implement significant parts of the Libra protocol in Move, including Libra coin, transaction processing, and validator management.

Farid Mheirs insight:

WHY IT MATTERS: Facebook announcement of its cryptocurrency called LIBRA will generate many comments but I expect few will take time to look at the technology behind the solution. Here, the LIBRA new programming language MOVE is explained in a detailed whitepaper.

IMHO this is the most interesting piece as it lays out the required components to implement a blockchain solution. This will require knowledge and expertise that today few have. If LIBRA is a commercial success then expect others to leverage the same technology in their solutions. Thus, worth reading.

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Key #technology concepts behind @Faceboook #cryptocurrency are #openSource & documentation is available online- The #Libra #Blockchain #whitepaper

Key #technology concepts behind @Faceboook #cryptocurrency are #openSource & documentation is available online- The #Libra #Blockchain #whitepaper | WHY IT MATTERS: Digital Transformation | Scoop.it

The Libra Blockchain is a decentralized, programmable database designed to support a low-volatility cryptocurrency that will have the ability to serve as an efficient medium of exchange for billions of people around the world. We present a proposal for the Libra protocol, which implements the Libra Blockchain and aims to create a financial infrastructure that can foster innovation, lower barriers to entry, and improve access to financial services. To validate the design of the Libra protocol, we have built an open-source prototype implementation — Libra Core — in anticipation of a global collaborative effort to advance this new ecosystem.

Farid Mheirs insight:

WHY IT MATTERS: Facebook announcement of its cryptocurrency called LIBRA will generate many comments but I expect few will take time to look at the technology behind the solution. Here, the LIBRA blockchain is explained in a detailed whitepaper.

IMHO this is the most interesting piece as it lays out the required components to implement a blockchain solution. This will require knowledge and expertise that today few have. If LIBRA is a commercial success then expect others to leverage the same technology in their solutions. Thus, worth reading.

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Key #technology concepts behind @Faceboook #cryptocurrency are #openSource & documentation is available online- the Life of a #Libra Transaction #Blockchain

Key #technology concepts behind @Faceboook #cryptocurrency are #openSource & documentation is available online- the Life of a #Libra Transaction #Blockchain | WHY IT MATTERS: Digital Transformation | Scoop.it

To get a deeper understanding of the lifecycle of a Libra transaction, we will follow a transaction on its journey from being submitted to a Libra validator to being committed to the Libra Blockchain. We will then “zoom-in” on each logical component of a validator and take a look at its interactions with other components.

Farid Mheirs insight:

WHY IT MATTERS: Facebook announcement of its cryptocurrency called LIBRA will generate many comments but I expect few will take time to look at the technology behind the solution. Here, the life of a LIBRA trransaction is explained.

IMHO this is the most interesting piece as it lays out the required components to implement a blockchain solution. This will require knowledge and expertise that today few have. If LIBRA is a commercial success then expect others to leverage the same technology in their solutions. Thus, worth reading.

Anthony Smith's curator insight, June 21, 2019 11:41 AM

WHY IT MATTERS: Facebook announcement of its cryptocurrency called LIBRA will generate many comments but I expect few will take time to look at the technology behind the solution. Here, the life of a LIBRA trransaction is explained.

IMHO this is the most interesting piece as it lays out the required components to implement a blockchain solution. This will require knowledge and expertise that today few have. If LIBRA is a commercial success then expect others to leverage the same technology in their solutions. Thus, worth reading.

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Key #technology concepts behind @Faceboook #cryptocurrency are #openSource & documentation is available online- the #Libra Protocol #Blockchain

Key #technology concepts behind @Faceboook #cryptocurrency are #openSource & documentation is available online- the #Libra Protocol #Blockchain | WHY IT MATTERS: Digital Transformation | Scoop.it

The Libra Blockchain is a cryptographically authenticated distributed database, and it is based on the Libra protocol. This document briefly describes the key concepts of the Libra protocol. For a detailed description of all the elements of the Libra protocol, refer to the Libra Blockchain technical paper

Farid Mheirs insight:

WHY IT MATTERS: Facebook announcement of its cryptocurrency called LIBRA will generate many comments but I expect few will take time to look at the technology behind the solution. Here, the LIBRA protocol is explained.

IMHO this is the most interesting piece as it lays out the required components to implement a blockchain solution. This will require knowledge and expertise that today few have. If LIBRA is a commercial success then expect others to leverage the same technology in their solutions. Thus, worth reading.

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The Definitive List Of (Current) #Blockchain Possibilities In #Retail shows that there are many possible ways to innovate that go beyond payment via @forbes @NikkiBaird #innovation

The Definitive List Of (Current) #Blockchain Possibilities In #Retail shows that there are many possible ways to innovate that go beyond payment via @forbes @NikkiBaird #innovation | WHY IT MATTERS: Digital Transformation | Scoop.it

Between Initial Coin Offerings, new patents being announced, and new pilots being initiated, seemingly every day, blockchain-related activity is exploding. Here is the latest round up of developments that apply to retail.

Farid Mheirs insight:

WHY IT MATTERS: blockchain has a negative aura since the bitcoin debacle but it doesn't change the fact that it represents a a major technology breakthough that should be considered by retailers that face issues in a number of use cases - way beyond payment. For example, product traceability in the food business or personalized coupons represent low hanging fruits that companies are starting to address by providing new solutions that leverage the blockchain.

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The Blockchain Bean- an explanation of how IBM is using #blockchain to track coffee from the field to the cup

The Blockchain Bean- an explanation of how IBM is using #blockchain to track coffee from the field to the cup | WHY IT MATTERS: Digital Transformation | Scoop.it

Learn how blockchain helps you feel confident your coffee is fresh and fairly-sourced—even when it's traveled 7,000 miles around the world.

Farid Mheirs insight:

WHY IT MATTERS: the blockchain is showing promise for product traceability and this simple example from IBM shows how it is used.

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Discover #Bitcoin, #Ethereum & #Blockchain Guides as well as hundreds of blockchain and #cryptocurrency use case reference cards - 2600+ as of today - an #amazing #reference HT @upfolioteam

Discover #Bitcoin, #Ethereum & #Blockchain Guides as well as hundreds of blockchain and #cryptocurrency use case reference cards - 2600+ as of today - an #amazing #reference HT @upfolioteam | WHY IT MATTERS: Digital Transformation | Scoop.it

Learn about Bitcoin, Ethereum, blockchain and cryptocurrency. Discover topics with easy, hand-illustrated guides. Explore what blockchain technology is about. Get everything you need to know about digital assets!

Farid Mheirs insight:

WHY IT MATTERS: with over 2600 use cases for blockchain in every possible category, this is the best reference I found to show people why the blockchain is a good thing with HUGE potential. Great job by the upfolio team!

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Top 100 #DigitalTransformation Influencers shows focus remains on #Technology #Innovation #Data #Marketing via @stratorob #AI #Robotics #RPA #IoT #BigData #DataScience #DataAnalytics

Top 100 #DigitalTransformation Influencers shows focus remains on #Technology #Innovation #Data #Marketing via @stratorob #AI #Robotics #RPA #IoT #BigData #DataScience #DataAnalytics | WHY IT MATTERS: Digital Transformation | Scoop.it

An overview of influencer that inspire me daily when reading the newest trends on digital transformation. Feel free to add your favorite influencer on this list. I personally have no influence on the ranking - a neutral algorithm calculates who has the most impact online. So all fame and blame belongs to the algorithm.

Farid Mheirs insight:

WHY IT MATTERS: the list provides a great starting point to get a shot of digital transformation leadership. The focus being mostly on technology, you should look elsewhere for impact on society, work, and life that digital transformation brings.

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Podcast on digital disruption by #Accountants gives an idea of how much #AI #Blockchain #Automation #Cybersecurity will impact their industry - as I believe it will all professional services includ...

Podcast on digital disruption by #Accountants gives an idea of how much #AI #Blockchain #Automation #Cybersecurity will impact their industry - as I believe it will all professional services includ... | WHY IT MATTERS: Digital Transformation | Scoop.it

You’re surrounded by disruption and rapid change. Maybe you’re looking for solutions. A way to seize opportunities. We all are. It’s a sprint to stay ahead of technology. Blockchain. Automation. AI. Cybersecurity. It will forever change the way accounting is done. And forever change those who do it. It’s time to reset, redefine and reskill. The way we learn. The way we work. And the way we move forward. Here, you’ll find what you need to not just survive, but adapt and thrive. And disrupt disruption.

Farid Mheirs insight:

WHY IT MATTERS: I've been blogging about digital disruption since Jan 2013, and doing it since the early days of Internet in 1995. It is refreshing to see it being picked up by non technology professionals. Maybe a sign of the times that this thing is starting to really impact people, businesses and whole industries...?

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#Blockchain Disciples Have a New Goal: Running Our Next Election #TrustIssues @medium

#Blockchain Disciples Have a New Goal: Running Our Next Election #TrustIssues @medium | WHY IT MATTERS: Digital Transformation | Scoop.it
If they squinted hard enough, attendees of the International Centre for Parliamentary Studies' annual Electoral Symposium, which took place in late May at the Troia Design Hotel, 90 minutes south of…
Farid Mheirs insight:

WHY IT MATTERS: part of a well researched series of articles, this one looks at the use case of elections using blockchain - and the hope that it will reduce fraud and make the process more transparent.

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Your Online Data Is In Peril. The Blockchain Could Save It. #TrustIssue @medium

Your Online Data Is In Peril. The Blockchain Could Save It. #TrustIssue @medium | WHY IT MATTERS: Digital Transformation | Scoop.it

The word “trust” is printed on things all around you. The dollar bill in your pocket. The box of Kleenex on your bedside table has a label that reads “trusted care.” In the physical world, it’s easy…

Farid Mheirs insight:

WHY IT MATTERS: explores how blockchain technology may help protect private data and bring back some privacy.

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A New Tech Manifesto to envision a future where privacy, trust and personal data is valued properly #TrustIssues @medium

A New Tech Manifesto to envision a future where privacy, trust and personal data is valued properly #TrustIssues @medium | WHY IT MATTERS: Digital Transformation | Scoop.it

The promise of the internet isn’t that a few centralized powers will do everything for us. That’s the Old World, and we shouldn’t try to recreate it. The promise of an inter-networked world is that we can do more ourselves under new models of collaboration, whether in the fields of science or art or justice.
Imagine if we used our collective data to help us be better neighbors, partners, artists, citizens, and humans, rather than just better products to be auctioned off to the highest bidder. Imagine, too, if we could hold technology companies accountable by demanding that they share power more equitably with the people who use and enable their products and services.

Farid Mheirs insight:

WHY IT MATTERS: as privacy and trust erodes, this article provides some insight on how to shape the future to bring back trust and value of privacy and personal data.

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Are you going to be a #Blockchain leader or follower? Here is a quick way to decide via @McKinsey

Are you going to be a #Blockchain leader or follower? Here is a quick way to decide via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

A company’s optimal strategic approach to blockchain will fundamentally be defined by the following two market factors, which are those they can least affect:

  • market dominance—the ability of a player to influence the key parties of a use case
  • standardization and regulatory barriers—the requirement for regulatory approvals or coordination on standards
Farid Mheirs insight:

WHY IT MATTERS: it is essential to position your company as a leader or follower regarding regarding any new - and possibly disrupting - technology. This article explains how to determine your strategic position regarding the blockchain technology.

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Feasability of #Blockchain at scale is years away - which does not mean companies should not be experimenting right now via @McKinsey

Feasability of #Blockchain at scale is years away - which does not mean companies should not be experimenting right now via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Companies can determine whether they should invest in blockchain by focusing on specific use cases and their market position.

Farid Mheirs insight:

WHY IT MATTERS: an analysis of 90 use cases shows the feasability of blockchain across key components.

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Cost reduction may prove to be the best short term value for the #Blockchain use cases via @McKinsey

Cost reduction may prove to be the best short term value for the #Blockchain use cases via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Blockchain might have the disruptive potential to be the basis of new operating models, but its initial impact will be to drive operational efficiencies. Cost can be taken out of existing processes by removing intermediaries or the administrative effort of record keeping and transaction reconciliation. This can shift the flow of value by capturing lost revenues and creating new revenues for blockchain-service providers.

Farid Mheirs insight:

WHY IT MATTERS: blockchain is fundamental for certain record keeping and transactions and this analysis of 90 use cases shows that 70% provide short term cost reduction as the most value.

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#Bitcoin may have been the worst first killer app for the #Blockchain because it is public: companies should rather look into permissioned use cases in the short term via @McKinsey

#Bitcoin may have been the worst first killer app for the #Blockchain because it is public: companies should rather look into permissioned use cases in the short term via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

The economic incentives to capture value opportunities are driving incumbents to harness blockchain rather than be overtaken by it. Therefore, the commercial model that is most likely to succeed in the short term is permissioned rather than public blockchain. Public blockchains, like Bitcoin, have no central authority and are regarded as enablers of total disruptive disintermediation. Permissioned blockchains are hosted on private computing networks, with controlled access and editing rights.

Farid Mheirs insight:

WHY IT MATTERS: companies often dismiss the blockchain because of bitcoin failures. However this article suggests that there are other use case that should be considered first.

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Best summary of #Blockchain key use cases to date helps plan strategy and get beyond the hype via @McKinsey

Best summary of #Blockchain key use cases to date helps plan strategy and get beyond the hype via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Blockchain’s core advantages are decentralization, cryptographic security, transparency, and immutability. It allows information to be verified and value to be exchanged without having to rely on a third-party authority. Rather than there being a singular form of blockchain, the technology can be configured in multiple ways to meet the objectives and commercial requirements of a particular use case.

Farid Mheirs insight:

WHY IT MATTERS: blockchain is fundamental for certain record keeping and transactions - this diagram summarizes the key use cases.

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Myth and Reality about the #Blockchain via@McKinsey

Myth and Reality about the #Blockchain via@McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Blockchain is a distributed ledger, or database, shared across a public or private computing network. Each computer node in the network holds a copy of the ledger, so there is no single point of failure. Every piece of information is mathematically encrypted and added as a new “block” to the chain of historical records. Various consensus protocols are used to validate a new block with other participants before it can be added to the chain. This prevents fraud or double spending without requiring a central authority. The ledger can also be programmed with “smart contracts,” a set of conditions recorded on the blockchain, so that transactions automatically trigger when the conditions are met. For example, smart contracts could be used to automate insurance-claim payouts.

Farid Mheirs insight:

WHY IT MATTERS: this article summarizes well the potential of blockchain.

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Beyond the hype: #Blockchain is 3 to 5 years from feasibility at scale via @McKinsey

Beyond the hype: #Blockchain is 3 to 5 years from feasibility at scale via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

Our analysis suggests the following three key insights on the strategic value of blockchain:
– Blockchain does not have to be a disintermediator to generate value, a fact that encouraages permissioned commercial applications.
– Blockchain’s short-term value will be predominantly in reducing cost before creating transformative business models.
– Blockchain is still three to five years away from feasibility at scale, primarily because of the difficulty of resolving the “coopetition” paradox to establish common standards.

Farid Mheirs insight:

WHY IT MATTERS: an in depth article about the strategic potential of blockchain in every industry.

Shepherd Matsongoni's curator insight, July 1, 2018 1:15 PM
At long last accountability is looming. Less corruption!
 
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How Emerging Technologies Are Impacting Industries

How Emerging Technologies Are Impacting Industries | WHY IT MATTERS: Digital Transformation | Scoop.it

This article serves as a briefing on how various industries can strategically utilize emerging technologies in and around the world today. This is not an exhaustive list, but rather an introduction…

Farid Mheirs insight:

WHY IT MATTERS: my digital transformation framework includes such an opportunity matrix to help executives explore what is possible to do with digital technologies. This list can thus be a useful starting point for such exploration.

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From Farm To Finished Garment: #Blockchain Is Aiding This Fashion Collection With Transparency from sheep to ssweater

From Farm To Finished Garment: #Blockchain Is Aiding This Fashion Collection With Transparency from sheep to ssweater | WHY IT MATTERS: Digital Transformation | Scoop.it

Designer Martine Jarlgaard has launched a pilot initiative that uses the blockchain to enable both transparency and trust around her collections as part of this week's Copenhagen Fashion Summit. Each garment has a unique digital token, enabling Provenance to verify every step of its production and create a digital history of that information including location data, content and timestamps, all of which is presented to consumers via an interface they can access through their item’s QR code or NFC-enabled label (so that it works on both Apple and Android devices).

Farid Mheirs insight:

WHY IT MATTERS: real-life applications of blockchain for traceability in the retail industry are starting to appear. With a global push towards fair-trade and local sourcing of products, we can expect solutions like this to be part pf every product tag in the future.

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