According to Forbes, Mastercard is venturing into the blockchain arena.

Mastercard, so long one of the biggest names in payment networks, is venturing into a new avenue which, at first, sounds far removed from its primary business model.

Nestle is taking more steps to monitor its palm oil supply chain by joining in the Radar Alerts for Detecting Deforstation group, reports CSR Wire. 

Nestlé today joined a coalition of major palm oil producers and buyers to support and fund the development of a new, publicly available radar-based forest monitoring system known as Radar Alerts for Detecting Deforestation (RADD).

According to Science Daily, blockchain will transform the global supply chain. 

Blockchain technology has the potential to transform the global supply chain and improve both the speed and security of handling the flow of goods at international borders.

Improvements in supply chain technology can make it easier for personalized medicine companies to ship their products and ensure that they arrive timely and still in usable condition, reports Outsourcing Pharma. 

Sponsors for a Phase 2 clinical trial needed an expensive, time-sensitive therapy transported to investigator sites at -80º C. Further, when reaching out to cryogenic shipper rental companies, the sponsor found they often transport regionally and do not operate 24/7. The sponsor needed to procure ready-to-use cryogenic shippers, suitable facilities and global supply chain management to ensure safe, reliable transport and storage under specific time constraints for the clinical trial to be successful.