THE NEXT WEB: How do firms put real-world goods such as, say, 17,000 kg of almonds on a blockchain? Through
blockchain-enabled shipment trackers, explains The Next Web.
These trackers can publish data about assets' whereabouts, condition and environment on a distributed ledger. For instance, LX Group, one manufacturer of such trackers on a private version of the ethereum blockchain, equips its devices with GPS, WiFi, Bluetooth, environment sensors and a battery that can last for years.
The hardware can communicate the conditions of shipments and execute smart contracts if specific changes occur or anything goes wrong, informing all parties involved in the supply chain process.
LX's trackers are also fitted with a hardware accelerator to encrypt data more quickly than general purpose processors. But there are still security challenges. Like with other devices, they can be tampered with or physically hacked.
THE REST SWISSINFO: The upcoming blockchain platform form Switzerland’s top stock exchange, SIX, could be
delayed to the last quarter of 2019 or even early next year, suggests a report from SWI Swissinfo.
When announcing the platform, the firm had set a deadline of mid-2019 for the SIX Digital Exchange (SDX), and its chairman, Romeo Lacher, later said the platform will see launch in the second half of this year.
However, despite the delay, the platform’s development is “on track,” Thomas Zeeb, SDX project leader, told the news source.
EUROPEAN COMMISSION: Hungary has become the 29th country to
join the European Commission’s blockchain group, the European Blockchain Partnership (EBP).
The country will work together with other member states in the development of a European Blockchain Services Infrastructure for public services, said Claire Bury, deputy director-general for the European Commission’s directorate-general communications networks.
The EBP was first formed back in April through a joint declaration between 21 EU member states and Norway. Since then seven other countries – Italy, Cyprus, Denmark, Romania, Greece, Liechtenstein and Hungary – have joined the partnership.
