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The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group. Most of the victims are in the manufacturing, engineering and construction, and retail sectors. The largest received ransom payment was $9 million, and at least 18 of the ransoms exceeded $1 million.
Using blockchain to combat counterfeiting in manufacturing. Correspondingly, for manufacturers and retailers, safeguarding the consumer experience and ensuring safety and trust are key to protecting the brand. Product authenticity plays a huge role in assuring consumer confidence for B2B and B2C businesses.
The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group. ” Most of the victims are in the manufacturing, engineering and construction, and retail sectors. The largest received ransom payment was $9 million, and at least 18 of the ransoms exceeded $1 million.
The retail and Consumer Packaged Goods (CPG) industries are experiencing a profound technological metamorphosis, driven by rapid digital innovation, changing consumer expectations, and the need for operational efficiency. In 2025, these technologies are no longer novelties but integral components of retail and CPG marketing strategies.
The blockchain bowling alley: How distributed ledger technology goes mainstream. As someone engaged with blockchain projects since 2016 in CGI’s Trade Innovation Lab (and countless emerging technology projects before that), my experience is that blockchain is making the leap from experimental to production-ready solutions.
From the Australian Open offering fans art ball NFTs with real-time match data to JPMorgan Chase’s tiger-friendly lounge in the blockchain-based world Decentraland, metaverse events are exploding into 2022 as powerful new weapons to engage with people. Disney even tapped a new executive, Mike White, to lead its foray into the metaverse.
The blockchain bowling alley – how distributed ledger technology goes mainstream. As someone engaged with blockchain projects since 2016 in CGI’s Trade Innovation Lab (and countless emerging technology projects before that), it feels as though blockchain is now making the leap from experimental to production-ready solutions.
The blockchain bowling alley: How distributed ledger technology goes mainstream. As someone engaged with blockchain projects since 2016 in CGI’s Trade Innovation Lab (and countless emerging technology projects before that), my experience is that blockchain is making the leap from experimental to production-ready solutions.
It can take many forms, from automated warehouse systems that pick and pack orders, to blockchain-based smart contracts to software that automates purchasing and invoicing processes. Blockchain technologies can increase transparency and traceability in the supply chain, helping to prevent fraud and ensure product authenticity.
For example, the chip shortage has been a call to action for both original equipment manufacturers (OEMs) and suppliers. Supply shortages can lead to line outages, manufacturing delays, out of stock issues and lost revenue.
million accounts compromised in Le Slip Français data breach The French underwear manufacturer Le Slip Français has suffered a data breach. GhostR says it obtained the records from a Singapore-based company with access to the database. Data breached: 5,300,000 records.
They can also expect to achieve costs savings by sharing labor and skills; technology and innovation; marketing and advertising budgets; and other well-established functions and processes, like manufacturing or logistics. This is common for manufacturers that wish to sell direct to their customers instead of relying on distributors.
Source (New) Software Luxembourg Yes 3,600,000 National Automobile Dealers Association Source (New) Retail USA Yes 1,065,000 Consórcio Canopus Source (New) Professional services Brazil Yes 1,400,000 The Teaching Company (Wondrium by The Great Courses) Source (New) Education USA Yes 1.3 TB Gräbener Maschinentechnik GmbH & Co.
Good examples of changes that are coming with more that is unknown than known include cyber currencies, blockchain, quantum computing, artificial intelligence, smart cities, augmented reality and additive manufacturing. These are some of the technologies that are likely to drive big decisions for leaders in the coming years.
Known records breached SAP SE Source (New) Technology Bulgaria Unknown 95,592,696 TmaxSoft Source (New) Technology South Korea Yes 56,000,000+ NTT Business Solutions Source (New) Telecoms Japan Yes 9,000,000 Welltok Source (New) Technology USA Yes 8,493,379 Online platform or service used by Turkish healthcare providers or the Ministry of Health (probably) (..)
However, in some circumstances, the institutions handling money as part of a retail transaction should have the ability to perform KYC (Know Your Customer) checks, as mandated under their industry compliance regime. Mutual authentication occurs between secure elements that have been provisioned to devices securely during manufacture.
Retailers are most at risk globally, with 62% of respondents willing to walk away after a data breach, followed by banks (59%) and social media sites (58%), according to a survey of 10,500 consumers by digital security firm Gemalto.” GM Files Blockchain Patent to Manage Data From Autonomous Cars – Coin Telegraph, 3 December 2018.
Register for our LinkedIn Live event on telcos and the Economy of Things The Economy of Things has arrived The EoT is enabled by artificial intelligence, data, IoT and blockchain, bringing liquidity to the IoT. And what is the role telecommunications service providers play in enabling and scaling the EoT?
Blockchain is going to play a big role to giving more trustworthiness to the data. “If It is not evolved to that extent yet, but like AI and ML have evolved, Blockchain is going to become a must.”. Having APIs to deal with it will be very important.
Thanks to the effort of that group there are now standards across master data fields in most of the manufacturing related items. These could include AI and newer technologies – potentially Blockchain – and several other elements. In CPG and retail there is a lot of money allocated to promotions like BOGOF and discounting.
For example, whilst I was the CIO of P&G India in 1995-8, we realised that our third-party distributors all had different standards for things like customer, order number, financial payments etc However, getting all this data harmonized was key to getting transparency into our retail operations. Absolutely yes!
What’s happening now is the convergence of all these mega-trends – AI, Cloud, Social, Mobile, Blockchain – I can count handfuls of trends out there that are regarded as the “sexy” stuff. Data janitorial work doesn’t sound very strategic however important it is.”.
Blockchain is also really exciting, and a basic component in edge-based computing. I think what blockchain is really about is creating a trusted network for sharing high-value information. Even your local 7-11 store could rent out floor space for machines to their nearest cloud provider!
The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group. Most of the victims are in the manufacturing, engineering and construction, and retail sectors. The largest received ransom payment was $9 million, and at least 18 of the ransoms exceeded $1 million.
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