“We have a guy starting… the former head of food safety at Walmart who is going to be coming to the FDA to help us put in place among other things better track and trace using tools like blockchain maybe to even do track-and-trace on the food supply chain,” Gottlieb said.
Pinpointing the ProblemAccording to Gottlieb, whenever there is a food-related outbreak, technologies such as blockchain will assist in tracing the cause to a specific distributor, farm or grower in the supply chain. This will prevent blanket warnings which affect everyone even when the cause is limited to a particular origin. Prior to joining the FDA, Yiannas was instrumental in deploying blockchain technology at Walmart with a view of tracking leafy greens as CCN reported in September. This included the food traceability initiative which required producers of fresh, leafy greens to use blockchain technology in tracking and tracing such products. Walmart gave the suppliers one year to ensure that systems were in place for the program to take off. While announcing the initiative at the time, Walmart noted that multiple states in the U.S. had suffered E. coli outbreaks linked to romaine lettuce and this had resulted in 96 hospitalizations and five deaths. With blockchain technology, the big box retailer added, product information such as origin would become available throughout the supply chain in real time.
“In the future, using the technology we’re requiring, a customer could potentially scan a bag of salad and know with certainty where it came from,” Yiannas said at the time.
Food SafetyOutside the United States, French retail giant Carrefour has taken similar steps to Walmart by integrating IBM’s tailored blockchain data system known as Food Trust with a view of improving food safety. And about four months ago, the Food Standards Agency, the food safety watchdog of the United Kingdom, announced that a blockchain technology trial to track beef from the slaughterhouse to the end consumer had concluded successfully.
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Stellar Price up 15%Stellar (XLM) price is up 15% against the dollar, with a 3% gain in Bitcoin valuation, over the last 24 hours. The cryptocurrency saw a 24-hour volume of almost $100 million in trading, with a gain in overall market capitalization roughly equal to that. According to CoinMarketCap, trading against USDT accounted for roughly almost 22% across twelve markets. Notably, the most trading in a single pair happened at an exchange outside of Binance — namely, Exrates, — although overall trading did have a plurality at Binance with 18% between XLM/BTC and XLM/USDT.
Litecoin Price up 13%Litecoin price seems to have begun to pick up around 22:00 CST last night, with an initial sell-off worth about 20,000 Satoshis per token happening for the next couple of hours. A simultaneous price-rise in Bitcoin actually meant the market capitalization of the cryptocurrency rose during this same period. Then, around 1:45 AM CST, demand seems to have to picked up and the price was on the rise yet again with 13% increase on the LTC/USD pair. Litecoin only recovered about half its BTC value in the rebound trading, but in terms of USD it saw a significant increase. Overall volume was about $500 million over the entire 24 hour period, with more than $150 million of that having been done against USDT. Trading against PAX and USDC combined was less than $100,000.
Monero Price up $8Privacy coin Monero, which has a small infinite inflation and a current supply of about 16.6 million, gained roughly $8 in US dollars over the 24-hour period, with $20 million traded across all exchanges and pairs. The vast majority of Monero trading – 94% – took place on Korea’s Bithumb against the Korean Won. XMR/KRW was the was the second most active market on the exchange over 24 hours, during which period it traded nearly $2 billion overall.
Zcash Price up 16%The Zcash (ZEC) chart is perhaps the most interesting of the bunch, with a 24-hour simultaneous rise in both market capitalization and USD price, but a drop in actual BTC-per-token valuation. The price wound up around $11 higher than it was 24 hours previous to 8:00 AM CST, gaining around $64 million in overall market capitalization, with more than 30% of its trading happening in the Ether market at an exchange called Lbank, and another 8% of the total volume happening at the same exchange against BTC. Another 22% of the volume happened at the same exchange as the most Monero trading, Bithumb, also against KRW. Thus a total of 60% of the ZEC volume happened in three currencies on two markets. USDT trading of ZEC accounted for just over $20 million of the total $198 million volume, with the majority of that also happening at Lbank – that single pair making up nearly 5% of the overall volume. Collectively, Lbank accounted for $118 million of the 24-hour volume on ZEC.
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Austria Turns to Public Ethereum Blockchain for €1.15 Billion Bond Auction
Austria will raise a total 1.15 billion euros in a federal bond auction on Oct. 2 using blockchain notarization, according to Oesterreichische Kontrollbank (OeKB), which oversees the auctions for issuing federal bonds as a neutral capital market participant for the Austrian Federal Financing Agency (OeBFA). The auction demonstrates Austria’s pioneering role in Europe for deploying blockchain technology for sovereign bond issues, according to the notice posted on the Finance Ministry website.
Washington state’s first wildlife highway over-crossing almost complete
Washington state is now home to it’s first wildlife highway over-crossing, built to increase driver safety, reduce vehicle accidents, and allow wildlife to safely cross the interstate. This is being built on I-90 east of Snoqualmie Pass and is almost complete.
Japanese space robots just landed on an asteroid (and took incredible photos)
MINERVA II1a and MINERVA II1b are pretty mean photographers. When it comes to space travel, human beings are just getting started. Robots on the other hand are way ahead. We have the Curiosity Rover doing its thing on Mars, the Parker Solar Probe is en route to the sun.
US-China trade row: What has happened so far?
Donald Trump campaigned for election on a promise to make trade fairer for the US, and his push to do so has him fighting with some of America’s oldest trading partners. The US has been embroiled in a tit-for-tat trade battle on several fronts over the past few months.
A Facebook-designed CPU? Job postings hint at Facebook silicon for AR glasses
It’s been working on AR glasses to complement its Oculus VR headset, but now it looks like it wants to design its own silicon. That’s according to a report in The Information (paywalled) that found several job listings over the past few days. For example, the listing for a Digital Design Engineer provides more details about Facebook’s direction with the hardware: