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The Teamsters working for shipping giant UPS said a strike is “imminent” after walking away from the bargaining table. The UPS Teamsters said in a statement late Wednesday it gave UPS a one-week notice Tuesday to “act responsibly and exchange a stronger economic proposal” to more than 340,000 employees of the shipping company. The Teamsters…
” How smart contracts can improve efficiency in healthcare “ Smart contracts are self-executing lines of code that run atop blockchains and are triggered once a set of predetermined conditions are met. They are used to automate the execution of online agreements without the involvement of third parties. Today, they are used across many industries,…
” Blockchain-based supply chain platform canned by IBM and Maersk “ United States technology company IBM and Danish logistics firm Maersk have decided to discontinue their co-developed blockchain-backed supply chain platform, TradeLens, citing a lack of “global industry collaboration” as a key reason behind the decision. Maersk stated on Nov. 29 that it has begun…
” Blockchain-based fintech company prepares to enter $500B freight settlement market “ The world is quick to blame inflation for the rising prices at grocery stores and retailers. This was the #1 political issue for recent Election Day voters in the United States. For example, media sources recently reported poll data that 85% of Americans…
” Metaverse ‘explosion’ will be driven by B2B, not retail consumers: KPMG partner “ The Australian arm of Big Four accounting firm KPMG could soon be holding executive meetings and closing multi-million dollar deals with clients in the Metaverse, with the firm now exploring how the revolutionary technology can transform its business model. In a…
” ETH Merge will change the way enterprises view Ethereum for business “ A recent report from the Ethereum Enterprise Alliance (EEA) highlights how the Ethereum ecosystem has matured to a point where the network can be used by businesses to solve real-world problems. From supply chain management use cases to payment solutions utilized by…
” Blockchain without crypto: Adoption of decentralized tech “ A blockchain can be seen as a distributed database whose information is stored across every node running the network. Because the database is distributed among those running the network, it guarantees data stored within it is accurate and securely stored. As the name implies, blockchains store…
” How blockchain technology is used to save the environment “ In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. In June, the United Nations held…
” ANZ’s stablecoin used to buy tokenized carbon credits “ ANZ’s stablecoin A$DC has been used to buy Australian tokenized carbon credits, marking another critical test of the asset’s use cases in the local economy. In March, the “Big Four” bank became the first major Australian financial institution to mint its own stablecoin after overseeing…
” US Air Force taps SIMBA Chain to develop budgeting and accounting system “ For many years, the United States Military has been experimenting with blockchain in a number of settings to enhance its operations. Now, the U.S. Air Force (USAF) is adopting blockchain into its budgeting and accounting processes. According to a Thursday press…