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Fujitsu and Rice Exchange bring to market first global blockchain rice trading platform

Fujitsu and Rice Exchange (Ricex) today announce they are bringing to market the world’s first global blockchain-based rice trading platform. This brings unparalleled security, transparency, efficiency, traceability and new levels of trust to the $450 billion global rice market. Ricex is the first digital platform designed for buying and selling rice, one of the world’s largest…

The Rice Exchange platform brings transparency, efficiency and security to the global rice trade.mThe distributed ledger technology from our partner, Fujitsu, enables us to remove the many barriers that have prevented transparent, low-risk trading in rice, and allows trade buyers to purchase this vital food staple with full confidence that they are getting a quality product at a fair price.

Stephen Edkins, CEO of Ricex


As reported by Business Insider, more than 70 franchises of the Coca-Cola Company worldwide can now use the blockchain solution developed by SAP. Unlike public blockchains, this permission-based solution still keeps a cryptographically protected, tamper-proof record. The advantage of blockchain technology is that each of the dozens…

There are a number of transactions that are cross-companies and multiparty that are inefficient. They go through intermediaries; they are very slow. And we felt that we could improve this and save some money.

Andrei Semenov, senior manager at CONA.

Ford built an electric Mustang with a manual transmission. And we’re mad.

Ford wants the world to take notice of its plans for electric vehicles. And what better way than to build an all-electric Mustang fastback with a six-speed manual transmission? And that has us angry over here because it’s a gigantic tease of a prototype that will never make it into production. Or least that’s what Ford is saying. Ford and Webasto revealed Tuesday the… 

This one-off Mustang prototype is a great opportunity for us, together with Webasto, to showcase to our customers what a new electrified powertrain can do for performance in a car they already know and love.

Hau Thai-Tang, Ford’s vhief product development and purchasing officer

Nio, Intel’s Mobileye partner, to build self-driving electric cars for consumers

Mobileye, the Israeli-based automotive sensor company acquired by Intel in 2017 for $15.3 billion, is partnering with Chinese electric car startup Nio to develop autonomous vehicles that consumers can buy. The companies, which describe this as a “strategic collaboration,” aim to bring highly automated and autonomous vehicles to consumer markets in China and…

Editorial: Separating Gold from Sand Amid ‘Blockchain Fever’

Recently, the Political Bureau of the Communist Party of China’s 18th Central Committee held a collective study session on the current developments and trends in blockchain technology development. Afterward, related stocks and virtual currency prices soared, and members of the blockchain industry applauded. For blockchain, a hot new…

How innovators in 4 emerging markets are accelerating the clean economy

Two days, four emerging markets, 14 startups. Continuing the tradition that began in 2012, GreenBiz Group’s VERGE 19 conference two weeks ago in Oakland, California, saw over a dozen innovators whose products, services and technologies offer great promise to advance the clean economy and reverse climate change. VERGE Accelerate is a competition where early…

Norwegian scientist: ‘No way’ of reaching climate neutrality without hydrogen

Europe has to get serious about the hydrogen economy if it really wants to reach net-zero emissions as quickly as possible, says Nils Anders Røkke. This is why decarbonized natural gas, using carbon capture and storage (CCS), will be crucial to ramp up hydrogen production in the short term, he argues. Nils Anders Røkke is a Norwegian scientist and business leader…

Natural gas, as we know it today, is widespread in Europe. But it does require cleaning before it can be used – you need to take out sulphur and other impurities. And taking out the CO2 is just another step in the process. Except the end product isn’t natural gas anymore, it’s hydrogen.

Nils Anders Røkke

How The Internet Of Things Will Help Fight Climate Change

The Industrial Revolution and the technology underpinning it has been one of the primary drivers of manmade climate change. Yet it’s another industrial revolution and another set of new technologies that looks set to help humanity avoid the worst effects of anthropogenic global warming. On the one hand, the biggest positive effect will be delivered by green…

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