Blockchain: Chainwood finishes project with development of a tool for wood traceability

The ChainWood task force concludes the project after developing an intelligent tool for the management and traceability of wood. This was reported by Diario TI, in Spain, in an article published on August 28th.

As explained in that publication, the ChainWood project has successfully developed a solution that applies blockchain technology to make the Spanish wood sector more efficient and sustainable. This has happened after two years of work and collaboration between several companies, technology centers and other entities in the forestry sector and innovation.

Promoting software that will apply blockchain technology to the Spanish forestry sector

They also explained that ChainWood is a supranational task force, created with funding from the Ministry of Agriculture, Fisheries and Food’s call for task forces.

„The aim of this nationwide project has been to design and develop a safe software infrastructure based on blockchain applicable different by-products of the first transformation of wood, from solid wood, disintegration, cellulose pulp and biomass, allowing the different actors (owners, associations, forest exploitation companies, transporters, certifiers, public administrations and processors) a management tool and traceability of the product more efficient, safe and sustainable,“ they detailed in the article.

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The consortium that has developed this project has been formed by two forestry partners: FMC forestry consulting and Maderas Siero. Also by two technological partners: Accuro Technology and Emergya. In addition, an association of forest owners, FAFCYLE, has participated. As well as two technological foundations: CETEMAS and CTA. And an industrial cluster: Cluster da Madeira e o Deseño de Galicia.

„The ChainWood operating group has been working for two years to offer concrete solutions to the different actors in the forestry chain and has created a software infrastructure as well as a web and mobile application that allows a more transparent, efficient, sustainable and secure access to the product, the market and all the operations that are carried out among the participants of this chain“, specified from Diario TI.

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„The project focused on the development of a blockchain infrastructure and a web and mobile application, which were subsequently integrated and validated both internally and externally by forestry agents. In a first phase of the project, the use cases of the supply chain of first transformation of the wood were analyzed and a study of the state of the art was carried out. As a result of all this work, it has been possible to develop ChainWood,“ they later added.

Pilot tests
It should be noted that, in the last months of the project, pilot tests have already been carried out in Galicia, Asturias and Castilla León to check the effectiveness of the blockchain solution. This has meant making purebas in several locations, with different types of wood and with real users, such as: producers, industries and logistics companies. Below, more details according to each area:


Three pilot tests were carried out with pine and eucalyptus processing companies and with a Bitcoin Method forest exploitation and logistics company.

Jesús Martínez, project coordinator and director of the FMC forestry consultancy, said that they worked „in real scenarios and with the participation of the teams of each of the companies where each member has exercised a particular profile: producer, bid manager, order and operations manager, harvesting manager, transporters.

In addition, he said, with the tests carried out, have been able to „identify the suitability of the solution, as well as improvements and modifications that are necessary to make in order to have a minimum viable product of interest to the wood processing sector in Spain.

Will Bloomberg Yangs Platz als kryptofreundlicher Kandidat einnehmen?

Der frühere New Yorker Bürgermeister und heutige Präsidentschaftskandidat Mike Bloomberg scheint sich an die Krypto-Community zu kuscheln.

In einem am 18. Februar veröffentlichten Vorschlag für eine Finanzreform schrieb der demokratische Kandidat nicht nur über Kryptowährung als Anlageklasse, sondern bot auch einen Regulierungsrahmen für Kryptowährung in den USA an. Dieser Rahmen bleibt vage und umfasst insgesamt etwa 100 Wörter stellen einen soliden Teil der Aufmerksamkeit dar, der auf die Blockchain-Welt gerichtet ist.

Als Andrew Yang kürzlich aus dem Rennen ausschied, verloren Krypto-Enthusiasten ihren gewählten Kandidaten

Yang war während seiner Kampagne ein ausgesprochener Befürworter neuer Technologien und lobte hier offen alles von künstlicher Intelligenz bis hin zu Blockchain-Datenbanken als wichtige Entwicklungen, die dazu beitragen werden, die Menschheit voranzubringen.

Mit dieser technophilen Stimme aus dem Rennen scheint der Milliardär Bloomberg zu versuchen, etwas von seiner eigenen Krypto-Aufmerksamkeit zu gewinnen. Hier ist der vorgeschlagene Rahmen für die Kryptoregulierung aus seiner Finanzreformpolitik:

„Kryptowährungen sind zu einer Anlageklasse mit einem Wert von Hunderten von Milliarden Dollar geworden, doch die Aufsicht über die Aufsichtsbehörden bleibt fragmentiert und unentwickelt. Bei allem Versprechen der Blockchain, Bitcoin und der ersten Münzangebote gibt es auch viel Hype, Betrug und kriminelle Aktivitäten.


Mike wird mit den Aufsichtsbehörden zusammenarbeiten, um klarere Spielregeln bereitzustellen, indem:

Klärung der Verantwortung für die Überwachung von Kryptowährungen.
Bereitstellung eines Rahmens für anfängliche Münzangebote, indem definiert wird, wann Token vorhanden sind und wann nicht
Schutz der Verbraucher vor Betrug im Zusammenhang mit Kryptowährung.
Klärung, wie Investitionen in Kryptowährungen besteuert werden.
Definition von Kapital und anderen Anforderungen für Finanzinstitute, die Kryptowährungen halten. “