New Zealand bank used blockchain to send meat to South Korea

A prominent bank has claimed a piece of New Zealand’s exporting history, by sending some meat to Korea and tracking it with its fancy new blockchain system. ASB, a subsidiary of Australia’s Commonwealth Bank, says it has conducted New Zealand’s first “bank blockchain” trade. Kiwi meat exporter Greenlea Premier Meats conducted the meat trade with a large Korean importer. According to the release (spotted by local media), all relevant documents relating to the trade were able to be uploaded, shared and updated within ASB’s blockchain platform. The bank’s blockchain platform was used in parallel to the traditional trade process, indicating ASB…

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Morgan Stanley says Bitcoin is a new type of asset

Sometimes it seems institutions and governments spend more time trying to figure out how Bitcoin should be classified, rather than actually doing anything with it. Well, global investment bank Morgan Stanley is the latest to stick their oar in, claiming that Bitcoin has become an institutional investment class, CoinDesk reports. Basically this means its a type of asset like: shares, bonds, property, commodities, or cash. The revelation comes following a review on the last 6-months of Bitcoin usage data conducted by the bank’s research division. The researchers stated that permanent ledger technologies, hacks, hard forks, Bitcoin competitors, and market volatility…

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Police are outsourcing criminal-catching to IoT in Dutch ports

The Internet of Trucks is here. Or, to be, more specific: the internet of tarpaulins. Industrial textile company Sioen is currently developing smart truck tarpaulins that notify security when someone tries to cut through it. It’s one of three new innovations created for the project PASSAnT, a Dutch-Belgian initiative by Interreg to deal with crime in Dutch and Belgian harbors. With an increasing number of illegal immigrants trying to make their way to the UK, people smuggling has drastically increased in harbors near the Dutch-Belgian border. New Calais The Dutch city of Moerdijk, already dubbed “the new Calais” by some,…

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Mobile e-commerce mistakes all entrepreneurs should avoid to stay relevant

Mobile management is the way of the future. Statista estimates that by 2021, mobile e-commerce will make up 54% of U.S. e-commerce sales, making effective mobile sites a vital element for e-commerce companies. To find out which e-commerce mobile mistakes should be avoided to stay relevant, I asked a panel of entrepreneurs from YEC the following question: What’s one mistake you often see on mobile e-commerce sites that companies must work on fixing to stay in the game? Their best answers are below: 1. Ignoring the one-finger rule If your add-to-cart or checkout buttons are so small that they require the user…

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