The beginning of Blockchain-based supply chain

According to a news article, the Cologne-based company GS1 has plans to launch a labeling system using source code for fruits and vegetables. This system would provide a means for customers to inform themselves about the cultivation of a product and its ingredients. The launch is planned for later this year and the company has already marketed barcodes for the collection and labeling of meat and fish.
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Stronger regulations for medical products

After years of negotiation, the European parliament has finally launched regulations to ensure that medical products are monitored more and more closely. These quality controls are intended to prevent defective products from entering the market and thus the human body. As a preventative measure unannounced checks will be carried out by manufacturers and testing organizations.
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U.S. government sees cryptocurrency as a threat to the dollar

Many governments around the world are becoming increasingly concerned with Blockchain technology, including the U.S. In addition to the Department of Commerce, the General Services Administration has recognized potential for itself and is examining implementation possibilities.

The Ministry of Foreign Affairs in has also recently released job vacancies for their own task force on Blockchain. They are looking to actively invest time in research and development in order to stay current in the international context.
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Radical software ready to optimize supply chain

Many processes within the supply chains of companies are becoming more complex with increased globalization. Supply chain management deals with all flows of information, raw materials, components, partial products, and finished products along the supply value and supply chain.  faizod is excited to present a Blockchain solution for increasingly complicated supply chain processes.
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Japan to rely on unmanned ships

Fully automated shipping containers:  Japan to rely on unmanned ships

According to an article by n-tv, self-propelled vessels will not remain a vision for the future. By 2025, Japan’s shipbuilding companies and shipowners want to work closely together in technological development and thus make unmanned ships a reality. By increasing the efficiency and safety of these fully automatic container giants, time and fuel will be saved. In addition, the use of artificial intelligence can reduce the accident rate on the high seas.
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Standstill in BMW Production

Factories at three locations wait for a missing part from Bosch

Last week’s discovery of delivery problems surrounding a BMW part manufactured by Bosch are likely more extensive than expected.  According to the Duesman Purchasing Directoriate, Bosch’s steering gear is currently unavailable, causing greatly restricted production at three BMW production sites in Leipzig, Munich, and Shenyang, China.
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Successful digitalization: faizod at DiALOG 2017

On Friday, May 12th the subject forum for Enterprise Information Management DiALOG 2017 took place in Hamburg.  faizod attended as a partner for information exchange and networking with 150 other participants.  The theme was the successful design of digitalization.

Participants explored new trends and developments in enterprise information management, where Blockchain was a naturally relevant topic.

The keynote speaker, Michael Fichtner (CIO and IT Director for FC Bayern Munich) opened the forum with a presentation addressing challenges dealing with knowledge, people, ideas, data, and transparency in a digital age.

Olaf Stöwer and Christina Seifert represented faizod and contributed to the conversation on the possibilities for companies to use Blockchain technology to optimize information management.

Olaf Stöwer and Christina Seifert got participants in on Blockchain and how it can optimize information management.



Drug counterfeiting case avoidable with Blockchain

According to a report by the ARD published on May 17th, another case of drug counterfeiting was uncovered at the University Hospital of Munich. A woman with cancer was successfully treated with the drug Sutent. After a time, the treatment stopped working. Investigations showed that the woman had received a fake drug from her pharmacy. Seven other deaths to similar illnesses in the university clinic were also known. The public prosecutor’s office sprang in to action, but the investigations were lost due to a lack of evidence.
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Public Blockchain security for a private Blockchain price

Public Blockchains have gained fame as the technology behind Bitcoin. Bitcoin depends on a public chain, which allows anyone in the world to read or write transactions. No user is able to freely verify transactions, but rather all users are required commit resources to solving a problem (a cryptographic puzzle, for example). The public Blockchain is completely decentralized, offering security in that it is mathematically impossible to manipulate transactions.
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How Blockchain will change the fashion industry

Last week Forbes published an article on how Blockchain has the potential to overhaul supply chain. Supply chain is essentially the entire system involved in moving a product or service from supplier to customer. Blockchain is best known as the technology behind Bitcoin, but innovators like faizod are currently working on projects to use Blockchain to track the movement of products and information.
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