Blockchain Platform to Track $2.5B Worth of Tea Products

The Chinese province of Yunnan announced the official launch of a blockchain-powered traceability platform for its Pu’er tea farms on June 3.

The blockchain platform was first announced in the 2020 Phoenix Nest Ancient Tree Spring Tea New Product Launch Conference in Kunming, Yunnan.  They will use the platform to conduct quality control,

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WeChat Pay Using Blockchain to Track Payments, Says Binance CEO

Binance CEO Changpeng Zhao (CZ) took to Twitter on Oct. 25, saying that he had “got word” that WeChat Pay puts receipts on the blockchain, along with a screengrab of a receipt with a link to a block explorer.

Why does CZ care so much?

Globally, companies in almost every industry are implementing blockchain solutions,

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Algo VC Fund Raises $200 Million to Fast-Track Ethereum Rival

Algo Capital has raised $200 million — double its original goal — for its venture capital fund. 

According to a news release shared with Cointelegraph on Aug. 27, the new fund will invest in businesses helping to build infrastructure for the Algorand blockchain — an open-source public ledger and cryptocurrency payment system that utilizes a Byzantine Agreement message-passing protocol.  

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Walmart China Will Track Food in Supply Chain with Vechain's Thor Blockchain

Walmart China plans to track food through its supply chain with VeChain’s Thor blockchain, reveals a VeChain press release published on June 25.

Per the release, the Walmart China Blockchain Traceability Platform (WCBTP) will be a joint venture by Walmart China, VeChain, PricewaterhouseCoopers (PwC), cattle company Inner Mongolia Kerchin, and the China Chain-Store &

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Cashless-Bound: Japan's Transport and E-Commerce Partnership on the Fast Track

The Japanese transportation industry is leading the country’s long-standing efforts to go cashless. Earlier this month, two major players from the archipelago’s e-commerce and transport industries partnered up to simplify and promote payments that do not require hard cash.

Homegrown e-commerce giant Rakuten plans to incorporate its services into Japan’s premier railway firm,

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