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Blockchain Could Help During Pandemic

Blockchain could be deployed to help hospitals get resources during the pandemic, reports Roll Call. 

Companies that specialize in moving goods from one place to another are starting to use the technology that powers cryptocurrency to streamline their work, and they say it could help hospitals stay stocked and staffed during pandemics like the one caused by COVID-19.

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BMW Turns to Blockchain for Transparency

According to Electrive, BMW is using PartChain, which employs blockchaing technology, to make their supply chain more transparent. 

BMW has initiated the organisation PartChain that uses blockchain technology to increase transparency in worldwide supply chains regarding raw materials and components. Interested companies are invited to join the initiative.

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Business Could be Disrupted for up to Six Months

According to CNBC, experts believe it could take up to six months after the end of the Covid-19 crisis for businesses to return to normal. 

The biggest task facing the world right now is stopping the spread of the coronavirus. But even when the global public health crisis is under control and global supply chain disruptions caused by COVID-19 end, many large companies expect that business will not return to normal for between three to six months

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Semiconductor Market Shrinks

According to SDX Central, the semiconductor market is expected to shrink in 2020 due to the Covid-19 crisis. 

The semiconductor market is expected to contract in 2020 as the ongoing COVID-19 outbreak continues to cause disruptions to supply chains, according to an IDC report filed this week.

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Defense Department Increases Progress Pay Rate

In the wake of the faltering economy the Defense Department is increasing its progress payment rate to help companies get positive cash flow, reports Washington Technology.

Cash flow is always king for companies in the government market and that especially holds true amid the economic slowdown caused by both the coronavirus pandemic and efforts to slow the spread of it.

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China's Digital Delivery Service Seen As a Model

China’s digital delivery systems helped Wuhan keep essentials on store shelves, reports Harvard Business Review.

For the last month, China’s cities, with their empty streets and deserted shopping malls, have looked like the set of a post-apocalypse TV series.  

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Food Chain Experts Worry About Covid's Imapact

Industry experts question how well the food supply chain will hold up during the Covid-19 crisis, reports ZD Net.

As short-term chaos dovetails with longer term considerations of the impact of the coronavirus shutdowns, a persistent question has been how the food supply chain will fare.

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Keeping Transparency in the Sake Supply Chain

According to BTC Manager, Japan’s sake industry will switch to a DLT platform to help increase transparency in the supply chain.

In a bid to bring more transparency to the supply chain of Japanese sake and fruits, EY Japan will use a distributed ledger technology-enabled (DLT) platform to share information including origin and delivery records with foreign customers.

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3D Printers Help Fill Supply Chain Gap

3D printers are being employed to help medical personnel get much needed supplies, reports Plastics News. 

As the coronavirus outbreak spreads globally, 3D printing firms have been stepping in to help fill the need for everything from respirator parts to touch-free door handles.

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Blockchain Guideline Helps Companies Prepare for Supply Chain Implementations

GS1 US has published a new guideline titled “Applying GS1 Standards for Supply Chain Visibility in Blockchain Applications,” an educational resource that can help industry enable supply chain visibility in blockchain implementations by leveraging GS1 Standards.

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