The London Bullion Market Association recently announced plans to use blockchain technology to track the movement of gold, with the aim of taking gold that was illegally mined or used to finance conflict out of the global supply chain. In another recent announcement, the Port of Rotterdam is partnering with banking and tech businesses to launch a pilot program that uses a blockchain-based platform for more efficient, transparent and paperless administration of processes used for large-scale container transport. And this week a major global software provider launched a suite of blockchain-based applications for businesses of all sizes that want new ways to track and analyze their production stream and sales. According to a recently published report, demand for blockchain engineers increased by 400 percent from late 2017, and annual salaries now average between $150,000 and $175,000, putting them on par with those for specialists in AI technology.
To read more about the topics covered in this week's post, see the following:
- London Gold Association Plans to Approve Blockchain Trackers
- ABN AMRO, Samsung SDS and Port of Rotterdam launch container logistics blockchain pilot
- Oracle Unveils Business-Ready Blockchain Applications
- Salaries for blockchain engineers are skyrocketing, now on par with AI experts
- Demand for Blockchain Engineers Has Grown 400% Since End of 2017, Report Says
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.