Hungry for almonds?
Australia’s Commonwealth Bank announced a successful shipment of 17 tons of almonds from Sunraysia in the state of Victoria to Hamburg, Germany, in a “global trade experiment” involving the bank and five Australian and international supply chain companies.
The blockchain platform used distributed ledger technology, “smart” contracts and the internet of things to track the shipment from the packer to delivery. The partners “were able to view and track the location of the shipment as well as view the conditions, such as temperature and humidity inside the container, via four IoT devices,” according to the bank’s press release. Read more here.