Tag: chain

Roxe Chain Foundation Announces DO, First Algorithmic Central Bank Stablecoin Native to a Decentralized Economy

SINGAPORE–(BUSINESS WIRE)–Roxe Chain Foundation Limited (“RCF”), a Singapore non-profit that owns and operates the Roxe Chain blockchain, today announced its plans to debut DO (pronounced “dough”), the world’s first algorithmic central bank stablecoin native to a fully decentralized economy, and the Roxe Payments Protocol. DO is an algo stablecoin with no fiat attribute that is designed to solve the intermediate currency problem in cross-border payments and operates on the new Roxe Payments Protocol (“RPP”). Enabled by the Daollar protocol, the DO family of stablecoins is designed to provide better price stability than existing fiat and digital asset-backed stablecoins.

While many fiat and digital asset-backed stablecoins on the market today use blockchain technology, none are a completely decentralized, algorithmic stablecoin based on a central bank model. For example, USDC is a stablecoin backed by the U.S. dollar, a centralized asset, and DAI is a stablecoin collateralized by assets from

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Accenture to Acquire Myrtle Consulting Group to Expand Implementation of New Digital Manufacturing, Operations and Supply Chain Models for Clients

Accenture (NYSE: ACN) has agreed to acquire Myrtle Consulting Group (“Myrtle”), an industrial operations consulting firm headquartered in Houston. Myrtle partners with leading companies across consumer products, life sciences, chemicals, mining and other heavy manufacturing industries to produce and distribute goods in a safer, more efficient and sustainable way.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201006005770/en/

Accenture has agreed to acquire industrial operations consulting firm Myrtle Consulting Group (Photo: Business Wire)

The acquisition will expand Accenture’s manufacturing and supply chain capabilities. Specifically, it will strengthen Accenture’s ability to transform these areas for clients from initial value assessments and operating model strategies to new business processes and technology solutions. Myrtle’s team will join Accenture Industry X, which helps clients improve how they operate factories and plants.

Nigel Stacey, global lead of Accenture Industry X, said: “Cost, quality and safety remain a constant and rising challenge for manufacturing

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Mars Palm Positive Plan Delivers Deforestation-Free Palm Oil Supply Chain

– With its Palm Positive Plan, Mars radically simplifies its supply chain to deliver deforestation-free palm oil

– Deforestation-free milestone is based on rigorous mapping, management and monitoring

– Progress made possible by a radical simplification of Mars’ supply chain; Mars takes mill count from 1,500 to fewer than 100 by 2021, and is on the path to further halve that in 2022

– Chief Executive Officer Grant Reid says “transformational change” is critical to address “broken” supply chains and to tackle global environmental and social challenges

– Bold approach illustrates step change needed to address massive global challenges and builds on Mars’ $1 billion Sustainable in a Generation Plan

MCLEAN, Va., Oct. 6, 2020 /PRNewswire/ — Mars, Incorporated today announced its Palm Positive Plan has delivered a deforestation-free palm oil supply chain, a significant milestone in its efforts to tackle deforestation and advance respect for human rights. It

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Start-Up Evergreens Farms Wins Retail Business Services’ Supply Chain Innovation Pitch Competition | Money

The other finalists in the Supply Chain Seed Program were:

End2End Solutions, led by Robert Steward, which provides a set of Internet of Things solutions and services designed to improve supply chain visibility by addressing quality, compliance, security, logistics and performance management. GoWheels!, led by William Bateman, is developing a radically redesigned wheel with a replaceable tire for carts used in distribution and transportation centers. NanoThings, led by Tim Williams, is focusing on a cold-chain traceability solution by utilizing Internet of Things technology from source to store. Produce Pics, led by Sridhar Iyer, is providing a computer vision-based application for reducing food waste in supply chain.

About Retail Business Services  Retail Business Services, LLC, is the services company of Ahold Delhaize USA, currently providing services to five East Coast grocery brands, including Food Lion, The GIANT Company, Giant Food, Hannaford and Stop & Shop. Retail Business Services leverages the scale

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XPO Restarts Sale of European Supply Chain Business

(Bloomberg) — XPO Logistics Inc. is reviving a sale of its European supply chain business, according to people familiar with the matter, after the process had paused during the coronavirus pandemic.


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The business, which does contract logistics, could fetch between $4 billion and $4.5 billion in a potential sale, one of the people said, asking not to be identified because the information isn’t public.

The company has reached out to potential private equity and strategic buyers in recent weeks, the people said, asking not to be identified because the information isn’t public.

No final decisions have been made and XPO could still opt to keep the businesses, the people said. A representative for XPO declined to comment.

XPO retained advisers to review strategic options, including sales or spinoffs, of business units in Europe and North America, Bloomberg News reported at the start of the year.

Greenwich, Connecticut-based XPO

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Post Covid19 Supply chain strategies

“Intelligence is the ability to adapt to change”.” ~STEPHEN HAWKING

Darwin’s theory of evolution implies that a new change arises by evolution in the existing species over a period. This used to be associated with biological species, however the same can be linked to the changes the Retail sector is experiencing post the pandemic.

A viral infection that started spreading in late 2019 went across the globe and this generation experienced its first-ever Global pandemic post Spanish flu outbreak in 1918. Countries shutting off their borders, large scale curfews, global markets getting closed, businesses shutting down and people being confined to their homes to prevent the spread of SARS-CoV-2 more commonly known as COVID-19. The human population is now trying to live with this pandemic and many businesses have started operating though at less workforce than pre-COVID times.

It is not just our day to day lives that were impacted

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Missouri Cannabis Supply Chain Ready For Business

With the green light given for a cannabis testing laboratory to begin operations, Missouri’s medical marijuana program supply chain is now complete and will soon be serving patients. Last week’s approval of EKG Labs in St. Louis comes nearly two years after voters legalized the medicinal use of cannabis with the passage of a constitutional amendment in November 2018.

On Saturday, officials with the Section for Medical Marijuana Regulation at the Department of Health and Senior Services (DHSS) announced that a testing laboratory had passed its commencement inspection, later clarifying in a tweet that the business was EKG Labs. With medical marijuana cultivators and dispensaries already licensed to operate, the approval of the analytic laboratory marks the final link in the creation of Missouri’s nascent cannabis industry.

“We appreciate how hard these businesses have worked to become operational,” said Lyndall Fraker, director of the Section for Medical Marijuana Regulation. “These

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Global Supply Chain Analytics Market Analysis with COVID-19 Recovery Plan and Strategies for the Information Technology Industry

The supply chain analytics market research report examines the key questions around the implications of COVID-19 and provides a recovery analysis and outlook for the market in focus. The market has witnessed a positive impact due to the COVID-19 situation. The research analysts at Technavio expects the supply chain analytics market to grow by USD 3.64 billion during the forecast period, accelerating at a CAGR of over 14%.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200928005494/en/

Technavio has announced its latest market research report titled Global Supply Chain Analytics Market 2020-2024 (Graphic: Business Wire)

For the Complete Insights on COVID-19 Pandemic Crisis and Recovery Analysis of the Supply Chain Analytics Market Download free report sample

Supply Chain Analytics Market Segmentation Analysis by End-User

  • Retail

  • Manufacturing

  • Others

Retail segment accounted for the largest supply chain analytics market share. Supply chain analytics help retail service providers minimize logistics management

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New Jersey’s supply chain issues in pandemic become project for graduate students

The agreement created one of the supply chain management department’s most compelling industry client projects. “I think it’s great for the students,” Davis said. “It’s real life. It’s taking their theoretical education and bringing it to life.”

Professor Joseph Agresta, who works with companies to generate suitable ideas for the three-credit industry client project class, said he knew the project with the state would require more senior-level students.

To recruit them, he targeted students in the Master of Science in Healthcare Analytics and Intelligence Program and the Master of Science in Supply Chain Analytics Program. There was a catch: The work would begin Aug. 1, more than a month before regular classes resumed for the fall. Still, Agresta said the response from students was “overwhelming.”

Cheryll Jarvis, a nurse in the Master of Healthcare Analytics and Intelligence Program, was among the students who jumped at the chance to work on

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A national movie theater chain is rolling out a wild plan to let you rent your own private cinema, starting at $300 plus the cost of tickets

Alamo Drafthouse

© Alamo Drafthouse
Alamo Drafthouse

  • Alamo Drafthouse theaters, a national movie chain based in Texas, now offers customers the opportunity to rent out an entire theater.
  • Having an auditorium to yourself costs $150, plus a ticket for each guest and at least $150 in concessions.
  • The COVID-19 pandemic has roiled the movie theater industry, with a recent poll showing that only 22% of US adults feel comfortable going to a theater.
  • Visit Business Insider’s homepage for more stories.

In a bid to bring viewers back to cinemas, a chain of US movie theaters is now allowing customers to rent out entire theaters starting at $150. Family members and podmates can view releases like Christopher Nolan’s “Tenet” and classics like “Jaws” at Alamo Drafthouse theaters, without worrying about contracting COVID-19 from a stranger two seats over.

The private theater program has shown early promise. After being piloted in Texas, the company

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