Pacific Software, Inc. (PFSF) Hyperledger Platform Plugs Supply Chain into Internet of Things

September 26, 2018 11:26:00
  • Pacific Software begins development of blockchain-based B2B/B2C e-commerce platform
  • Product tracking from farm to fare
  • System will gather data from devices linked to Internet of Things

With the development of its blockchain ecommerce trade platform, Pacific Software, Inc. (OTC: PFSF) offers the prospect of supply chains with a level of transparency and integrity that is sorely lacking in current systems. By its immutability, which makes it impossible to game, and its capacity to track products, the technology will identify origins; speed up the removal of contaminated food in agricultural channels; and flag fraud. Undertaken using IBM’s Hyperledger Blockchain ‘Backend as a Service’ (BaaS) infrastructure, the PFSF platform will have the capability to record, store and track digital product information, such as farm origination details, batch numbers, factory and processing data, expiration dates, storage temperatures and shipping details. In addition, PFSF is working to incorporate data from devices, such as barcode and RFID readers, connected to the internet. By linking to the ‘Internet of Things’, the PFSF platform will make complex supply chains safer and a great deal more manageable.

Managed by the Linux Foundation, the Hyperledger Project is an undertaking meant to facilitate collaboration among developers aiming to apply the blockchain concept to transactional markets other than cryptocurrencies. The initiative was launched in…

Read More>>

More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information, please visit

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published:

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office