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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https://ift.tt/2SxkNLM David Canellis November 01, 2018 at 06:00AM