Forwarded from Ice Age Farmer
You thought NFTs were just about digital art? Nope -- this is the beast system, tracking every coffee bean across the supply chain:
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Non-Fungible Tokens for the Supply Chain
Non-fungible tokens (NFTs) have the opportunity to completely disrupt the supply chain industry (in a good way) by simply and efficiently eliminating common pain points that result in massive disruptions. That’s in part because of their digital footprint and data tracking capabilities.
Instead of long, extensive and complex paper trails that go along with transactional ownership and activity of a variety of items, NFTs create digital footprints or a “token ID” that attaches to that item throughout its lifespan. The uniqueness of each NFT is specifically defined by the information stored within the NFT’s metadata – pointing to valuable digital resources that are updated in real-time on the blockchain.
For the supply chain, NFTs enable participants to access the same immutable record on the ledger reducing and potentially eliminating discrepancies in information flow between parties. That transparency and immutability traits of blockchain ensure the reliability and authenticity of the supply chain data. As such, NFTs can increase efficiencies and reduce costs incurred in the process of sourcing and acquiring goods and services a company needs. NFTs also produce an end-to-end view of a parts location, quantity and other useful information.
Because NFTs create a digital identity to any item (from chips to car batteries), the item’s real-world metadata, such as its identity, current physical location, responsible party, possession, container temperature and other metrics, to be attached to it – garnering useful insights about its condition, location, etc. This data is automatically updated as conditions change (via time-stamping to the geolocation of a transported good), which presents an accurate and timely view of the physical object to all involved parties.
Therefore, if a part in China is delayed, the manufacturer will know well in advance and have options to source from another location like India, keeping the supply chain working.
Many organizations have already started using blockchain for tracing their product’s journey through the supply chain from point of origin to the customer.
While the technology can be used to identify fake prescriptions, it also can be deployed as an extremely effective solution to pharmaceutical viability. That’s because when using this technology, customers have visibility into the conditions of each product on its supply chain journey, including storage locations, environmental factors (temperatures and humidity) and duration of storage. An NFT attached to a pharmaceutical product has the potential to protect consumers from some seriously bad medicine. [IAF: obvious applications to food supply here too]
#SupplyChain #Blockchain #IoT
https://www.sdcexec.com/software-technology/ai-ar/article/21915598/spice-vc-nonfungible-tokens-for-the-supply-chain
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Non-Fungible Tokens for the Supply Chain
Non-fungible tokens (NFTs) have the opportunity to completely disrupt the supply chain industry (in a good way) by simply and efficiently eliminating common pain points that result in massive disruptions. That’s in part because of their digital footprint and data tracking capabilities.
Instead of long, extensive and complex paper trails that go along with transactional ownership and activity of a variety of items, NFTs create digital footprints or a “token ID” that attaches to that item throughout its lifespan. The uniqueness of each NFT is specifically defined by the information stored within the NFT’s metadata – pointing to valuable digital resources that are updated in real-time on the blockchain.
For the supply chain, NFTs enable participants to access the same immutable record on the ledger reducing and potentially eliminating discrepancies in information flow between parties. That transparency and immutability traits of blockchain ensure the reliability and authenticity of the supply chain data. As such, NFTs can increase efficiencies and reduce costs incurred in the process of sourcing and acquiring goods and services a company needs. NFTs also produce an end-to-end view of a parts location, quantity and other useful information.
Because NFTs create a digital identity to any item (from chips to car batteries), the item’s real-world metadata, such as its identity, current physical location, responsible party, possession, container temperature and other metrics, to be attached to it – garnering useful insights about its condition, location, etc. This data is automatically updated as conditions change (via time-stamping to the geolocation of a transported good), which presents an accurate and timely view of the physical object to all involved parties.
Therefore, if a part in China is delayed, the manufacturer will know well in advance and have options to source from another location like India, keeping the supply chain working.
Many organizations have already started using blockchain for tracing their product’s journey through the supply chain from point of origin to the customer.
While the technology can be used to identify fake prescriptions, it also can be deployed as an extremely effective solution to pharmaceutical viability. That’s because when using this technology, customers have visibility into the conditions of each product on its supply chain journey, including storage locations, environmental factors (temperatures and humidity) and duration of storage. An NFT attached to a pharmaceutical product has the potential to protect consumers from some seriously bad medicine. [IAF: obvious applications to food supply here too]
#SupplyChain #Blockchain #IoT
https://www.sdcexec.com/software-technology/ai-ar/article/21915598/spice-vc-nonfungible-tokens-for-the-supply-chain
Supply & Demand Chain Executive
Non-Fungible Tokens for the Supply Chain
NFTs have the opportunity to completely disrupt the supply chain industry (in a good way) by simply and efficiently eliminating common pain points that result in massive disruptions.
Forwarded from Ice Age Farmer
UK: "Apocalyptic Bird Flu" Jumps to Humans as Authorities Cull Millions of Birds
Zoonotic transmission of an "apocalyptic bird flu," H5N1, has been reported in the UK, boasting a 50+% fatality rate for humans. However, digging deeper reveals that the asymptomatic "patient zero" was tested "constantly" until returning the result (false positive?) that authorities need to justify the ongoing culling of tens of millions of birds and claim that YOU cannot be allowed to raise your own animals to feed your family. Meanwhile, Australian grocers are rationing meat as asymptomatic workers are kept from work, resulting in abattoirs shutting down in Australia. How long will this test fraud scamdemic be allowed to continue? Until we stop it.
https://www.iceagefarmer.com/2022/01/07/uk-apocalyptic-bird-flu-jumps-to-humans-as-authorities-cull-millions-of-birds/
Youtube: https://youtu.be/99LO7V2IlIE
Bitchute: https://www.bitchute.com/video/xZllpp69tvz9/
#WarOnMeat #SupplyChain #iafvideo
Zoonotic transmission of an "apocalyptic bird flu," H5N1, has been reported in the UK, boasting a 50+% fatality rate for humans. However, digging deeper reveals that the asymptomatic "patient zero" was tested "constantly" until returning the result (false positive?) that authorities need to justify the ongoing culling of tens of millions of birds and claim that YOU cannot be allowed to raise your own animals to feed your family. Meanwhile, Australian grocers are rationing meat as asymptomatic workers are kept from work, resulting in abattoirs shutting down in Australia. How long will this test fraud scamdemic be allowed to continue? Until we stop it.
https://www.iceagefarmer.com/2022/01/07/uk-apocalyptic-bird-flu-jumps-to-humans-as-authorities-cull-millions-of-birds/
Youtube: https://youtu.be/99LO7V2IlIE
Bitchute: https://www.bitchute.com/video/xZllpp69tvz9/
#WarOnMeat #SupplyChain #iafvideo
YouTube
UK: "Apocalyptic Bird Flu" Jumps to Humans as Authorities Cull Millions of Birds
Zoonotic transmission of an "apocalyptic bird flu," H5N1, has been reported in the UK, boasting a 50+% fatality rate for humans. However, digging deeper reveals that the asymptomatic "patient zero" was tested "constantly" until returning the result (false…