If a blockchain falls in the woods and no one is there to hear it, does it make a sound?

The Spanish Ministry of Agriculture, Fisheries and Food plans to apply blockchain technology to develop the nation’s forestry industry, local news outlet EuropaPress reported.

The government has funded an operating group, ChainWood, to track Spain’s wood supply by implementing blockchain technology in industry logistics. ChainWood includes eight partners from different Spanish regions.

According to Cointelegraph, ChainWood wants to develop a cloud-based software to “improve the transparency” of a variety of forestry processes. Once that software is created, ChainWood will carry out pilot experiments in Castilla y León with poplar trees, in Asturias with chestnut trees and in Galicia with oak trees. Read more here.

ThirtyK Staff
If you would like to contact the ThirtyK News Brief team, please email us at contact@thirtyk.com.