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Dan Wilkerson
Dan Wilkerson

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Coffee has already been stripped away from its home, it's already been colonized. I think that there's just some, some spaces, some brands that are just further reiterating the disparities in the coffee supply chain, in the coffee industry. And I'm really, really interested in coffee as a personal thing.

Using the same method as above, a company could track its supply chain, which is more important in the food industry than anywhere else. Walmart is unable to trust the record-keeping of companies in China, so it is using blockchain to track the supply of pork. Record-keeping transactions are marked at intervals so that Wal-Mart can see if a piece of pork sat in a warehouse for six months before being processed. The record-keeping process happens with regards to where the meat comes from, is slaughtered, processed, and stored, and this information is then used by the company in the US to create its sell-by-date.

Blockchain will benefit those who wish to transact payments domestically and overseas, and those who wish to track a process, a supply chain, and/or who just wish to be more transparent about their business operations. However, it is only the really competitive industries like the financial and food industries that are worth the added benefits of blockchain for the slight edge that blockchain technology gives them over their competitors.

Think back to 1997. This was the year that two guys created a system by which you could swap songs with your friends at no cost. They called their technology, Napster. This was the beginning of illegal music downloading. Technology spread like wildfire through college campuses and within months had over 20 million users on the platform uploading and downloading songs from across the decades to the biggest radio hits that came out yesterday. Major artists came together to speak out against the platform and the Digital Media Copyright Act (DMCA) was signed into law by President Clinton in 1998 but did little good as Napster gave way to a swell of music piracy sites including Limewire and BitTorrent among many others.

So the industry as a whole is on the up and up, but It is important to note here that very little of the money that record companies receive for the digital downloads make it to the actual artists themselves. In the current business model, the label takes about 70 percent of the purchase price and this leaves the artist with only pennies from each download.

The goal for Grain Discovery is to create a revolutionary approach to agricultural supply chain through the use of blockchain technology while providing increased visibility, control, and simplicity for farmers and buyers.

Day 1 of the Asian Logistics and Maritime Conference kicked off yesterday with over 70 industry experts speaking on the topics of global trade, economic development, supply chain management best practices and even shared their thoughts on the current trade war situation between the U.S. and China.

Exactly that disaster happened in summer 2004 when supply-chain problems held up the introduction of a new version of its signature iMac computer, and it could not compete for one of its key markets, for vital university and student contracts in the autumn.

But efforts to persuade people to buy songs over the air have floundered in Europe and the US. "We estimate that less than one million tracks have been both paid for, then downloaded to mobile phones over the last year, despite this being a service offered by most of the UK's operators," said Mr Lee at Deloitte. That compares with the iTunes Music Store, which in June passed the 500 million songs mark after just two years' operation, and is expected to hit a billion in December.

Indeed, the ROKR - which cannot download songs on the air, and can store only 100 songs - is unlikely to be a hit in its own right. But Michael Gartenberg, an analyst for Jupiter Research, thinks the ROKR's lack of wow factor masks an important step: Apple has for the first time put its iTunes software and the software protection (or "DRM") that guards songs bought online on a non-Apple device - and a phone at that.

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