KW 04: Budweiser parent company supports African farmers, Davos discusses the future of blockchain technology, Swiss hospitals invest in the blockchain

NEWS

Budweiser parent company supports African farmers: The world’s largest brewer, Belgium’s Anheuser-Busch InBev, is working with blockchain startup BanQu to trace products in its supply chain. AB InBev introduced a distributed ledger system that tracks all the local farmers that supply barley and malt to the company. This allows them to prove their income to local banks, and thus open bank accounts and lines of credit. Access to banking allows the local farmers to finance more efficient farming tools, increasing their yields and receiving more money.
ledgerinsights.com, cointelegraph.com

Davos discusses the future of blockchain technology: Many leaders of the crypto sector took the stage at the World Economic Forum (WEF). CEOs from all areas including industry greats such as IBM, Consensys, Hyperledger and Microsoft gathered in Davos, under the leadership of the “Global Blockchain Business Council” (GBBC) industry association. The range of their lectures covered a wide variety of subjects, including tokenization, digital identities and the Internet of Things (IoT). Aside from reports on the current state of the crypto industry, there were also a lot of new impulses.
btc-echo.de

Swiss hospitals invest in the blockchain: The application of blockchain technology in the Swiss healthcare system is picking up speed. In one project, orders for medical devices were processed via the blockchain for the first time. The orders were carried out by the Winterthur cantonal hospital, the Baden cantonal hospital, the University Children’s Hospital Zurich and the Spitalregion Fürstenland Toggenburg, in cooperation with the two e-health companies Anandic System Medical and Itris Medical. The idea is to make the supply chain more transparent.
netzwoche.ch

China considers blockchain for trade secrets protection: China has been exploring blockchain for intellectual property protection and is now considering an application to secure trade secrets, according to news platform Peng Mei News. If the concept moves forward, Shanghai may soon launch a pilot in the Lingang New Area free trade zone.
ledgerinsights.com

Blockchain shares: Property starting at $60 faz.net
LinkedIn: Blockchain is the most important skill for 2020 t3n.de
Shipping: Bunkertrace finds the first shipping company partner for blockchain solutions hansa-online.de

NUMBER OF THE WEEK

In December, Chinese authorities seized nearly 7,000 crypto mining machines that were illegally consuming electricity.
cointelegraph.com

BACKGROUND

Telekom and the blockchain: The Deutsche Telekom in Germany is working on integrating new technologies and innovations such as blockchain or quantum computing. “We cannot afford 5.8 billion or even 100 quantum researchers,” explains Hagen Rickmann, managing director for business customers. Telekom doesn’t have the same kind of funds available as Google. After all, Telekom still has to set up an infrastructure, which shouldn’t come at the expense of other services. Additionally, not every new gadget can be immediately offered as a new product, since Telekom will be “expected to deliver this service for the next 30 years”.
n-tv.de

NBA team auctions jersey on ethereum blockchain: The NBA team Sacramento Kings will auction off an athletes jersey using a blockchain-powered marketplace. Working with ethereum project incubator ConsenSys, the team announced it would be live-auctioning team memorabilia using an ethereum-based platform operated by Treum, a supply-chain product. The platform will be used to verify the provenance of athletic collectibles, with auctions running during and after NBA games.
coindesk.com

QUOTE

“The cryptocurrency we are currently developing will be used in social aid programs, municipal corporations’ activities, public transport, and environmental services. The project will also see the development of a payment system to enable crypto in many municipal services.”
Dr. Ali Osman Çıbıkdiken, the head of the Konya Science and Technology Valley, talks about the progress of the so-called “City Coin” project in the Turkish city of Konya.
tokenpost.com, cointelegraph.com

BLOCKBUG

Vodafone quits Facebook’s Libra currency: Facebook’s Libra cryptocurrency has seen an exodus of backers including Paypal and Mastercard amid regulatory scrutiny. Vodafone has become the latest company to leave the digital currency project. Vodafone will shift resources that were previously intended for Libra to M-Pesa, the company’s digital payment service that is already serving six African nations. Vodafone said it did not rule out the possibility of working with the Libra Association in the future. The success of M-Pesa during 2019 may have led Vodafone to question the need to pursue Libra payment solutions for now.
bbc.com, cnbc.com, finance.yahoo.com

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