Blockchainis frequently derided as a solution in search of a problem.
But buried beneath the crypto scams and Web3 utopianism hide some intriguing use cases.
Some of the most powerful applications are in traceability.
When embedded in supply chains, blockchain can track the entire product lifecycle, from origin to consumption.
In the food sector, the benefits are particularly attractive.
In Wales, blockchain boffins have found another promising target for traceability: halal meat.
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The culprits range from sole traders to international organised crime groups.
It also threatened to cause deep financial problems.
iov42 is betting that blockchain can reduce the risks of such offences.
The government scheme was launched to develop the local blockchain sector.
Story byThomas Macaulay
Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he e(show all)Thomas is the managing editor of TNW.
He leads our coverage of European tech and oversees our talented team of writers.
Away from work, he enjoys playing chess (badly) and the guitar (even worse).
