Microsoft Adopts Blockchain Tech- Brings Transparency to Shipping
Project Manifest is a new development thanks to Microsoft and a startup company called Mojix. It utilizes Mojix’s Internet of Things (IoT) platform- which is currently being integrated with Ethereum’s blockchain.
In a quote from Microsoft’s global business strategist, York Rhodes:
“Project Manifest is actually designed to look at the challenges of visibility in the supply chain. One of the reasons why we worked with Mojix is because they already have technology and know-how in supply chains for scanning RFIDs.”
The idea is for factories, distribution centers, and retailers to track their goods with RFIDs (radio frequency identification devices).
This new technology will surely help to remove MANY middle men from the process of shipping.
Things like auditing, insurance, supply chain financing, risk mitigation will all be reduced when transparency is introduced to the supply chain via the blockchain. Making this a very attractive option for businesses, not to mention providing them peace of mind by knowing that their products are being handled appropriately.
This is great for the consumer too. Are you concerned about the use of sweat shops or slave labor? Project Manifest has the ability to hold businesses to a higher standard by introducing transparency to their system.
I figure as long as the radio transmitter is part of the merchandise for the whole duration of its making, then I wouldn't worry about the sweat shop, cheap labor and slavery as much... This technology does have the power to make it change forever, but do the people in charge of the businesses want this too? I sure do. Let's uplift this and make it known, giving it exposure and empowering us all! All for one and one for all!
Thanks for another excellent little post that makes a difference in this world for so many and for the betterment of all, most hopefully... Namaste :)
awesome!
Sure is !
Pro content as usual Heidi, resteemed, FB'd, and tweeted. Steem on girl! :-)
interesting concept,
Wauw you are in Amazonas now... thats so great... my sons Mother (Joanne Duarte Padilha) is originally from Amazonas... so my son is 1/4 indian, but thats another story...
I want to tell you, that I almost always show your blog, to new people, that I tell about Steemit... I know its a little crazy, but I do talk to strangers in any situation I can, about Steemit... since I have already exposed my network on facebook/linkedin to steemit...
Your blog is great for showing strangers Steemit... most say wauw, she "make money traveling"... and I tell your story about 1 year ago you was working in your fathers shop (do I get the story right).... I have told many many people about steemit and if only 50% of them get the message... its more eyeballs for the platform..
Steem on !
Lasse
That's so awesome! Keep spreading the word about this great platform and thank you for using my blog as an example!
Great piece. Upvoted and shared on twitter. Thanks for sharing. Stephen
https://twitter.com/StephenPKendal/status/825118881064828928
Fantastic!! I am content! :)
This is great! Cooperative Agorism is slowly taking over the world.
Even national central banks and postal services are contributing to their own demise by adopting the technologies that are behind all of this amazing growth.
Since our technology is better than theirs, in the end they have no choice to adopt it or be outcompeted!
The real investment is in Chronicled... check them out
This is a great revolution.