2018-7-30 14:35 |
The Commonwealth Bank of Australia used the Ethereum blockchain platform for tracking an international shipment of almonds as part of its experiment.
The Commonwealth Bank conducted an experiment with internet of things (IoT) and blockchain technologies.
As a result the bank managed to carry out a successful shipment of 17 tonnes of almonds from Australia to Germany.
The shipment was tracked via a private blockchain platform designed by the bank on top of the Ethereum network.
Via four installed IoT devices, it was even possible to monitor the conditions of shipment including temperature and humidity inside the container.