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VeChain, Mastercard and Alipay Back Australia-China Supply Chain Consortium

Roland James

Summary: Mastercard, Alipay and VeChain, are among the major company’s that are backing the new APAC Provenance Council, which has obtained millions in funding for supply chain tracking and financing pilots throughout the Asia Pacific region The consortium will offer comprehensive solutions for authenticating and tracking food, wine and produce using blockchain, with a main focus ...

Mastercard, Alipay and VeChain, are among the major company’s that are backing the new APAC Provenance Council, which has obtained millions in funding for supply chain tracking and financing pilots throughout the Asia Pacific region

The consortium will offer comprehensive solutions for authenticating and tracking food, wine and produce using blockchain, with a main focus on the $76 billion of exports from Australia to China.

By Roland James

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