The blockchain news section has been quiet on many best cryptocurrency news sites this month. However, this doesn’t mean that the technology did not make a leap forward this month. As we can see, there have been a lot of blockchain achievements, partnerships, plans and pilots among some of the world’s leading firms.
Below, we are listing the top blockchain achievements for the month of May, summing up all that has happened until this point.
1.FedEx adopts strategy for using blockchain in logistics
First on the list is FedEX which is in the latest cryptocurrency news for developing a collaborative and enthusiastic approach towards blockchain in transportation. “Rather than focusing on competitive advantage, FedEx is focused on how we can leverage our industry leadership to foster innovation and collaboration among our peers,” Richard Carter wrote in a summary of our discussion.
2.Pepsi pilots blockchain for improved digital ad efficiency
The blockchain achievements seem to come in the form of advertising. PepsiCo, a major food and beverage giant, made its own leaps in the technology and its potential use in digital marketing. The pilot used smart contracts to reconcile data from a lot of sources in the advertising chain.
3.Starbucks taps into blockchain to track the source of each cup of coffee
Starbucks is in the list of blockchain achievements. The world’s largest coffee chain is apparently going to use the technology and track the source of each cup of coffee. The project would apparently build more consumer confidence in the sourcing of the coffee.
4.Volkswagen starts using blockchain to source cobalt
VW, which is Europe’s largest auto manufacturer, has begun using blockchain to track the source of cobalt. By using the technology, Volkswagen and others will make sure that the cobalt used in their batteries is mined using only ethical labor practices.
5.Amazon releases a Managed Blockchain Service
It seems like Amazon won’t be in the altcoin news for rolling out its cryptocurrency – but in the blockchain news – because of its Managed Blockchain service announcement. The product is in the list of blockchain achievements and allows businesses to connect AWS accounts as nodes in their own blockchain network.
As you can see, more and more big names are turning to blockchain.
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