Blockchain
LiteLink Technologies Transitions from Trials to Commercial Revenue Subscriptions with Easterday Farms Across the USA with IoT Cold Chain 1SHIFT Sensors
LiteLink Technologies Inc. (“LiteLink“) (CSE:LLT) (OTC:LLNKF) (FRA:C0B), a key player in supply chain platforms and logistic IoT sensors, is pleased to announce that Easterday Farms Produce Company (“Easterday Farms“) has transitioned from trials to become a commercial client of LiteLink’s 1SHIFT Logistics IoT cold chain sensors platform for rail freight transports.
Easterday Farms is a fourth-generation, privately held farming, packing and distribution company that serves customers across the United States. The company has 25,000 acres of potatoes, onions, corn and wheat in Washington State’s Columbia River Basin, as well as a repacking and distribution facility in northern Florida.
LiteLink had provided Easterday Farms with its 1SHIFT logistics platform for its dedicated carriers and rail cars for a 45-day trial period, starting December 18, 2019, to track and trace moisture and temperature in real time for long-distance produce transports via dedicated carriers and rail cars with their next generation IoT cold chain sensors.
At the end of the trial, Easterday confirmed the order of 10 1SHIFT cold-chain sensors and subscriptions to capture real-time GPS, temperature, humidity and other in-transit critical data points.
“1SHIFT is fast and efficient logistics made easy,” said Jesse Harris, the Transportation Manager at Easterday Farms. “The platform’s real-time pricing and innovative programs enables us at Easterday to respond proactively to the changing market needs.”
“LiteLink is very excited to have Easterday buy our devices and subscriptions after running extensive trials across the USA with 1SHIFT,” said LiteLink CEO Ashik Karim. “At this stage, Easterday has given us the market value and validation we needed to confirm market fit, pricing, and system and device usability. This is just the tip of the iceberg for LiteLink’s growth, and cannot thank Easterday enough for their feedback and transparency. We will continue to focus on scaling our cold chain sensors and platform to the North American agriculture and produce industry. With over 2.2 million farms in the US, and with approximately 193,000 farms in Canada, there is plenty of market share for 1SHIFT to capture.”
To see the 1Shift devices that Easterday purchased, visit: https://1shiftlogistics.com/cold-chain/.
The goal of the 1SHIFT platform is to provide any farm, producer or distributor with the ability to deliver their product as safely and quickly as possible by monitoring temperature and moisture levels in real time. 1SHIFT will help Easterday Farms ensure the best path was taken to maximize the freshness and quality of its produce.
SOURCE LiteLink Technologies Inc.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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