How blockchain technology is used in supply chain management?

To trace the activities along the supply chain more efficiently, concerned parties can access price, date, origin, quality, certification, destination and other pertinent information using blockchain. Traceability, as used in the supply chain sector, is the capacity to pinpoint the previous and current locations of inventory and a record of product custody. It involves tracking … Read more

Electric Vehicles Require Lots of Scarce Parts. Is the Supply Chain Up to It?

Journal Reports: Energy Electric Vehicles Need More—and Faster—Charging Stations. How Do We Get Them? By Bart Ziegler November 12, 2022 at 2:00 PM ET Potential EV buyers, afraid of running out of juice, want to make sure fast chargers are widely available. Three experts offer their solutions. Source link

NIO Has Humongous Upside Despite Supply Chain Concerns, High Commodity Costs, Analyst Says

Mizuho analyst Vijay Rakesh maintained a Buy on NIO Inc (NYSE: NIO) and cut the price target to $34 from $40. The Tesla Inc (NASDAQ: TSLA) rival reported soft September quarter revenue and EPS and guided to weaker December quarter revenue with deliveries below consensus with ~7k production impact in October. Also Read: Warren Buffett’s Berkshire Hathaway Trim Holdings In This Tesla Competitor … Read more

Daimler Truck warns supply chain ‘broken’ despite easing chip shortage

Daimler Truck has warned that the supply chain is “somehow broken”, despite an easing in the global chip shortage that has plagued the car industry since the onset of the pandemic. The German group, the world’s largest truckmaker, issued the warning as it bumped up its full-year outlook, bucking inflation and the disruptions from the … Read more

BNB Chain cools off after 24% surge, but strong fundamentals could back the next BNB rally

After an impressive 23.7% rally between Oct. 25 and Oct. 31, Binance Chain BNB, has faced a strong rejection from the $330 resistance. Is it possible that the two-day 6% sell-off from the $337.80 peak could indicate that further trouble is ahead? Let’s take a look at what the data shows. BNB Coin (BNB) 12-hour … Read more

Moderna cuts Covid vaccine sales forecast on supply chain ‘pain points’

Moderna cut its forecast for Covid-19 vaccine sales this year, citing delays in deliveries linked to supply chain constraints. The US biotech said on Thursday it expected vaccine sales to generate revenues of $18bn-$19bn in 2022, down from a forecast in August of $21bn. This reflects deferrals of orders worth between $2bn-$3bn into 2023, according … Read more

THORChain network resumes following 20-hour chain halt

Cross-chain exchange and proof-of-bond network THORChain announced it was once again “fully operational” after an outage of more than 20 hours In an Oct. 28 tweet, the THORChain team said the network was “back online and producing blocks” and had reenabled trading. The network was halted on Oct. 27 after the team said a bug … Read more

Kazakhstan to build central bank digital currency on BNB Chain

In an announcement on Twitter, Changpeng Zhao, the founder and CEO of Binance, said the network will be a major component of Kazakhstan’s latest Web3 endeavor. The Binance founder tweeted that the National Bank of Kazakhstan (NBK) will integrate its central bank digital currency (CBDC), the digital tenge, on the BNB Chain, the underlying blockchain of … Read more