“Only food and air are worth my efforts to improve with block chains, otherwise I will focus on the block chain itself.”——Kallon, the founder of the Ifoods chain.
Kallon, Chinese block chain + agricultural laboratory launched; executive director of China food safety traceability center; former well-known block chain enterprise executive director. Now, he promotes the rapid landing of block chain technology in the food field as the founder of Ifoods chain ecological platform. As the pacemaker of the industry, under his power, the first ecosystem 1 of “block chain + food” has begun to be measured internally.
In 2012, it was a rather transitional year for Kallon.
At the moment, Kallon recalled the situation of that year, still feeling great. This year, Kallon has a number of titles, as a government relationship consultant for many global top 500 financial institutions, such as China’s peace and ICBC, the Chinese Academy of Social Sciences Finance Institute, the Banker magazine, the Central University of Finance and Economics co-sponsored by the Chinese Financial Innovation Award for many years and has been in “silver”. Connoisseur, director of new media department, has established good cooperative relationship with McKinsey, Boston consulting and KPMG. It can be said that in the field of financial marketing, he is no doubt an expert.
The turning point occurred in July of this year. He participated in the national youth food safety knowledge competition in the capacity of executive secretary of the organizing committee. It is this competition of multi site organizations that has greatly touched his values and even changed the future career planning.
“At that time, many children in primary schools actually grew beards. This is not the healthy state of a group of primary school students during primary school. This phenomenon only illustrates the problem that children eat too much hormones.”
This is very worrying for Kallon, who is going to be promoted to Dad. In a few years in the remote areas of Yunnan and Gansu, he saw a lack of local health education in a few years, and from that moment, he was determined to start in the field of food safety.
For the next two years, Kallon has devoted himself to the health education of young and young children, and the role of identity also highlights the importance of “food safety”: the food safety consultant of the Beijing Education logistics procurement platform and the executive director of the Chinese food traceability center. Under his organization, the National Children’s food safety knowledge contest has covered the whole country and called on the whole people to pay attention to children’s food safety.
In this process, Kallon witnessed and participated in the efforts of practitioners on food safety issues and became more and more deeply aware that the problem of food safety was difficult to control, and the core pain point was the lack of credit system in the food field. “For food enterprises, especially large food enterprises, they are the least willing to appear food safety problems, but the greater the enterprise, the procurement and logistics part of the more difficult to manage, many food enterprises have to face counterfeit products.”
In 2015, Kallon came into contact with the block chain and was inspired.
Kallon’s first contact with block chain technology trace back to 2013. At that time, the central bank defined bitcoin as a specific virtual commodity, which gave him curiosity. In the following 2 years, he continued to pay attention to the development of bitcoin and became more and more excited about the gradual emergence of block chain technology.
Block chain technology has the characteristics of consensus mechanism, distributed accounting, intelligent contract, not tampering, time stamp and so on. It has already caused a lot of discussion in the financial circle at that time. It also inspires Caron’s Association: can the block chain technology be introduced into the food field to help the food industry build a safe and transparent environment to solve the pain point in the current food field?
In 2015, by chance, Kallon talked to Dr. Lin Ruji, a leading figure in the field of food safety.
Lin Ruji is a PhD in food science at the University of Georgia in the United States. He was a senior manager of basic science, technical director and M & A, consultant of national food safety and technology center of the United States, honorary director of China Meat Research Institute, President of new China food group, Canada, food (Beijing) Limited. The chairman of the company. He has many patents in the world for food technology, and has made a thorough study of food research and development, production, traceability, technology optimization and artificial intelligence.
The common concern of food safety and the worries about the healthy growth of the next generation make a strong resonance between them. The idea of Kallon has led to a high degree of recognition from Dr. Lin Ruji. They reached a consensus on the idea of applying block chains to the food industry.
At the end of 2015, Kallon began to form a team to solve the last mile of food safety.
The project has been supported by the Ministry of industry and information, the National Bureau of Surveying and mapping, the China Telecom, the Heilongjiang Department of land and resources, and the China Education and television station. The project has even set up a physical node in the core machine room of the National Geographic Information Bureau.
From 2015 to 2017, they applied block chain technology to various government poverty alleviation projects, combined with China Telecom National Agricultural cloud laboratory to push back poverty alleviation projects in beef cattle breeding in Qinghai Province, and implement the project of traceability and poverty alleviation by the Ministry of industry and information department. In addition, China Agriculture Ministry, China Academy of Agricultural Sciences, China Inspection and quarantine. The Academy of Sciences, China anticancer association, COFCO, the school of public health of the Peking University, the China block chain research alliance, the district chain + agricultural laboratory, have been launched to accelerate the landing of block chain technology in the food field.
In 2017, he proposed a more ambitious idea — create of Ifoods chain.
Everything was going well, but the restless Kallon began to toss again.
The food field involves many aspects, from the supply of raw materials to food, the production of food, the circulation of food and the supply chain involved in the process of food, all kinds of food enterprises and hardware enterprises. After 2 years of block chain entrepreneurship, Kallon discovered that simple traceability does not solve the problem of the entire food value chain.
How can we solve the pain problem of the whole food industry thoroughly and comprehensively? Kallon has decided to implement a more ambitious plan to be the maker of the global food block chain standards and to provide a full solution for the food industry, which is Ifoods chain.
In September 2017, Kallon officially registered Ifoods chain. Caron’s idea is to build a global food ecological environment with the help of Ifoods chain to provide solutions for food supply issues such as production, circulation, consumption and testing in the food field. The core value of this platform is three points. First, use block chains to enhance global food productivity. Second, use the block chain to improve food safety. Third, use “block chain + intelligent hardware” to enhance consumers’ intuitive and quick judgement of food quality.
This is an exciting plan. To achieve this grand vision, the first step is to form a professional team spanning many fields such as food, block chain, hardware, big data and so on. As early as the middle of 2015, it entered the block chain industry. Caron himself developed a loyal and consistent block chain development team with the same faith.
At the founding partner’s team, Kallon first thought of his old partner, Dr. Lin Ruji. Dr. Lin agrees with Kallon’s grand vision and actively takes part in this project to become the chief scientist of Ifoods chain. In addition to Dr. Lin, he also invited top experts in the field of food, block chain and intelligent hardware to participate in the Ifoodschain project.Include：
Li Yanbo, a development consultant for block chain, has studied cryptography at the Stanford University, and after years of working in the United States high Qualcomm, it specializes in distributed system architecture design. It is the NKN founder, Onchainco founder, Linux Kernel network layer core code contributor, and open source block chain platform DNA core R & D and designer.
Fan Zhikai, a master of Instrument Science and optoelectronic engineering of Beihang University, has studied the global front nanoscale grating sensors, and has been responsible for the research and development of the Chinese food and drug management platform. It has many years’ experience for the operation of the block chain project.
Li Yiling, a former overseas manager of Neo, is a district chain community consultant. She has worked on the global marketing of termite, community building, business cooperation, and ecological construction, and dominates the list of the first one hundred of coin-marketcap and cooperates with FBG. Participated in the establishment of FourierPR, the base stone technology multi asset wallet, and the InWeWallet and Trinity network two ecological enterprises, have profound experience and resources in community building.
They invited Feng Lishuang to be the chief hardware scientist. She was a researcher at the Beihang University, a doctoral supervisor and vice director of the micro measurement and control center. She was focused on the MEMS sensor research. She had won the national “863” advanced collective and individual commendation. 1 province ministerial technical invention, 2 technical progress awards, and 18 Chinese invention patents.
The Advisory Group also includes the professor of the school of public health of Peking University, Chai Weizhong, director of the China Institute of inspection and quarantine, the director of the South testing center of the China Institute of inspection and quarantine, the researcher Zhong Weike, the chief of the national sports administration of the State General Administration of sports, the God of the Olympic food and the Chinese food and beverage master Jia Kai, and so on.
Kallon said, “These well-known experts in the field of food and block chain technologies agree with the values of Ifoods chain. Concerned about the healthy growth of the next generation, we hope to improve the global food safety with the help of block chain technology. The common belief of values makes them willing to devote great enthusiasm to the construction of the Ifoods chain block chain ecological platform, which has promoted the rapid development of the project. “
According to Caron, by March this year, only half a year, Ifoods chain development progress has exceeded 50%, and began to conduct internal tests. It is expected to be officially launched in June this year and will release the first smart device super probe for C terminal in October. In December, we will on line the centralized distributed transaction community for B terminal and complete the core structure of the 1 main chain +2 applications.
Ifoods chain, a food ecological platform for the whole people
Kallon and his team believe that in order to make Ifoods chain a real solution to the whole food problem, each part of the value chain and the participants are involved in the construction of the platform. They locate Ifoods chain as an open source, open food and area chain ecological platform in related fields, open platform ports to all value chain parties and provide technical support.
In order to allow food producers, processors, retailers, and consumers to easily and easily participate in block chain ecology, the USP block chain middleware system is designed on the basis of the bottom system of block chain. The core architecture function and the service platform of various service systems are packaged for different use in the food field.
The USP middleware system provides various ports for the actual application of the food industry and builds a bridge between the underlying technology and the upper application of the block chain, thus reducing the application threshold of the block chain technology. In this way, participants can easily input and obtain information through Ifoods chain. “Even if it is a rookie, it can be used”.
At present, they are trying to build a super probe for Ifoods chain food inspection system. In October this year, the first DAPP probe for beef detection will be launched. With the help of a portable smart terminal device, consumers can get data about beef in 2 minutes, including whether water is injected or not. To ensure the safety of the family’s diet. According to the prediction of Ifoods chain, the super probe is expected to become the world’s first block chain DAPP application that day PV more than 10 million.
This will be a good thing for global users, and the future of the Ifoods chain ecological platform will help build a safe, transparent and credible environment for the beef industry and the whole food industry, which is equivalent to adding an “eye” for the food industry. It will provide food safety for hundreds of millions of people around the world.
Teed off: As COVID fuels S. Africa’s housing crisis, golf courses feel the heat
By Kim Harrisberg
JOHANNESBURG (Thomson Reuters Foundation) – It sounds like a developer’s dream: A greenfield site in the heart of Cape Town, close to the best schools, hospitals and transport links and big enough to build more than 1,400 affordable new homes. The only hitch – it’s a golf course.
The 46-hectare (114-acre) Rondebosch Golf Club is one of hundreds of golf courses in South Africa facing scrutiny by land rights campaigners as a surge in evictions during the COVID-19 pandemic exposes an acute shortage of low-cost housing.
Rondebosch had its lease renewed by the city government late last year despite the presentation of some 1,830 objections by local housing rights group Ndifuna Ukwazi, which says turning golf courses over for homes is a way to tackle deep inequality.
“Using this land for the benefit of a few wealthy individuals at the expense of those in dire need of affordable housing is inefficient, unequal and unjust,” said Michael Clark, head of research and advocacy at Ndifuna Ukwazi.
Warnings by city officials that eviction is on the cards for occupiers of abandoned buildings, just months after Rondebosch’s lease was extended, have roused activists and sparked calls for cities to prioritise land use according to need.
“Golf courses occupy expansive tracts of land in well-located areas across cities,” said Edward Molopi, a researcher with the Socio-Economic Rights Institute of South Africa (SERI), which uses litigation and advocacy to support human rights.
“South African cities face an acute need for affordable housing and this land can be used to address the problem,” Molopi told the Thomson Reuters Foundation, adding that he knows of hundreds of housing evictions since lockdown began.
Nearly three decades after the end of white minority rule, South Africa remains one of the most unequal countries in the world, according to the World Bank, with urban areas still starkly divided along racial and class lines.
In other countries too, from South Korea to the United States, the swathes of green space needed for a round of golf have stirred debate around alternative uses for the land, whether apartment blocks, public parks or even vineyards.
‘NOT THE ONLY LAND’
But in South Africa, where tracts of land, including golf courses, were used as physical barriers to separate different racial groups during the apartheid regime, campaigners say repurposing such areas is key to achieving a fairer society.
Golf lovers have a choice of about 450 courses in South Africa, according to independent golf course ranking platform Top 100 Golf Courses.
They are easy to spot on a Google Maps view of the nation’s cities, many in close proximity to other golf courses, and also poorer neighbourhoods or townships.
But officials say finding space for affordable homes is more complex than repurposing golf courses.
Not all of the courses are publicly owned or suitable for residential use, said officials from the cities of Cape Town, Johannesburg and Durban. The sport also draws tourists and creates jobs, they added.
“Densification, diversification and inclusionary housing requirements in well-located parts of our cities is a more realistic approach,” said Nthatisi Modingoane, a spokesman for the city of Johannesburg.
Johannesburg’s Observatory golf course lies less than five kilometres (three miles) from Hillbrow, an inner-city suburb notorious for derelict, overcrowded buildings and crime.
People unable to afford rent end up there in “dark buildings” – properties seized by rogue landlords that offer crowded but cheap rooms, often without electricity.
“Since COVID, people need cheap rent, but if you don’t pay the landlords you get kicked out or … they kill you,” said Ethel Musonza, a housing activist who used to live in a dark building.
“There is a big need for people to be resettled in a safe place they can afford,” she added.
But the Observatory course sits on the site of an old ash dump, making it a poor site for residential construction, said club captain Simon Leventhorp.
“There is need for affordable houses but golf courses aren’t the only land available,” he said, adding that the club had a lower membership fee that other courses, making it a more inclusive space.
Some courses – like Rondebosch in Cape Town – do fit the bill for affordable housing, said Clark.
Golfers at the course can still enjoy views of the city’s famous Table Mountain from the greens, but authorities did add a two-year cancellation clause to the club’s lease if an alternative use of the land is identified.
Land used for community and recreational use, including golf courses, is currently being reviewed for possible residential sites, the city added.
In the meantime, land campaigners will continue to put pressure on state and city governments to “proactively intervene in housing markets”, said Molopi from SERI.
“This will be central to dismantling the ‘apartheid city’ and moving towards urban spatial justice,” Molopi said.
(Reporting by Kim Harrisberg @KimHarrisberg; Editing by Helen Popper. Please credit the Thomson Reuters Foundation, the charitable arm of Thomson Reuters, that covers the lives of people around the world who struggle to live freely or fairly. Visit http://news.trust.org)
UK might need negative rates if recovery disappoints – BoE’s Vlieghe
By David Milliken and William Schomberg
LONDON (Reuters) – The Bank of England might need to cut interest rates below zero later this year or in 2022 if a recovery in the economy disappoints, especially if there is persistent unemployment, policymaker Gertjan Vlieghe said on Friday.
Vlieghe said he thought the likeliest scenario was that the economy would recover strongly as forecast by the central bank earlier this month, meaning a further loosening of monetary policy would not be needed.
Data published on Friday suggested the economy had stabilised after a new COVID-19 lockdown hit retailers last month, while businesses and consumers are hopeful a fast vaccination campaign will spur a recovery.
Vlieghe said in a speech published by the BoE that there was a risk of lasting job market weakness hurting wages and prices.
“In such a scenario, I judge more monetary stimulus would be appropriate, and I would favour a negative Bank Rate as the tool to implement the stimulus,” he said.
“The time to implement it would be whenever the data, or the balance of risks around it, suggest that the recovery is falling short of fully eliminating economic slack, which might be later this year or into next year,” he added.
Vlieghe’s comments are similar to those of fellow policymaker Michael Saunders, who said on Thursday negative rates could be the BoE’s best tool in future.
Earlier this month the BoE gave British financial institutions six months to get ready for the possible introduction of negative interest rates, though it stressed that no decision had been taken on whether to implement them.
Investors saw the move as reducing the likelihood of the BoE following other central banks and adopting negative rates.
Some senior BoE policymakers, such as Deputy Governor Dave Ramsden, believe that adding to the central bank’s 875 billion pounds ($1.22 trillion) of government bond purchases remains the best way of boosting the economy if needed.
Vlieghe underscored the scale of the hit to Britain’s economy and said it was clear the country was not experiencing a V-shaped recovery, adding it was more like “something between a swoosh-shaped recovery and a W-shaped recovery.”
“I want to emphasise how far we still have to travel in this recovery,” he said, adding that it was “highly uncertain” how much of the pent-up savings amassed by households during the lockdowns would be spent.
By contrast, last week the BoE’s chief economist, Andy Haldane, likened the economy to a “coiled spring.”
Vlieghe also warned against raising interest rates if the economy appeared to be outperforming expectations.
“It is perfectly possible that we have a short period of pent up demand, after which demand eases back again,” he said.
Higher interest rates were unlikely to be appropriate until 2023 or 2024, he said.
($1 = 0.7146 pounds)
(Reporting by David Milliken; Editing by William Schomberg)
UK economy shows signs of stabilisation after new lockdown hit
By William Schomberg and David Milliken
LONDON (Reuters) – Britain’s economy has stabilised after a new COVID-19 lockdown last month hit retailers, and business and consumers are hopeful the vaccination campaign will spur a recovery, data showed on Friday.
The IHS Markit/CIPS flash composite Purchasing Managers’ Index, a survey of businesses, suggested the economy was barely shrinking in the first half of February as companies adjusted to the latest restrictions.
A separate survey of households showed consumers at their most confident since the pandemic began.
Britain’s economy had its biggest slump in 300 years in 2020, when it contracted by 10%, and will shrink by 4% in the first three months of 2021, the Bank of England predicts.
The central bank expects a strong subsequent recovery because of the COVID-19 vaccination programme – though policymaker Gertjan Vlieghe said in a speech on Friday that the BoE could need to cut interest rates below zero later this year if unemployment stayed high.
Prime Minister Boris Johnson is due on Monday to announce the next steps in England’s lockdown but has said any easing of restrictions will be gradual.
Official data for January underscored the impact of the latest lockdown on retailers.
Retail sales volumes slumped by 8.2% from December, a much bigger fall than the 2.5% decrease forecast in a Reuters poll of economists, and the second largest on record.
“The only good thing about the current lockdown is that it’s no way near as bad for the economy as the first one,” Paul Dales, an economist at Capital Economics, said.
The smaller fall in retail sales than last April’s 18% plunge reflected growth in online shopping.
BORROWING SURGE SLOWED IN JANUARY
There was some better news for finance minister Rishi Sunak as he prepares to announce Britain’s next annual budget on March 3.
Though public sector borrowing of 8.8 billion pounds ($12.3 billion) was the first January deficit in a decade, it was much less than the 24.5 billion pounds forecast in a Reuters poll.
That took borrowing since the start of the financial year in April to 270.6 billion pounds, reflecting a surge in spending and tax cuts ordered by Sunak.
The figure does not count losses on government-backed loans which could add 30 billion pounds to the shortfall this year, but the deficit is likely to be smaller than official forecasts, the Institute for Fiscal Studies think tank said.
Sunak is expected to extend a costly wage subsidy programme, at least for the hardest-hit sectors, but he said the time for a reckoning would come.
“It’s right that once our economy begins to recover, we should look to return the public finances to a more sustainable footing and I’ll always be honest with the British people about how we will do this,” he said.
Some economists expect higher taxes sooner rather than later.
“Big tax rises eventually will have to be announced, with 2022 likely to be the worst year, so that they will be far from voters’ minds by the time of the next general election in May 2024,” Samuel Tombs, at Pantheon Macroeconomics, said.
Public debt rose to 2.115 trillion pounds, or 97.9% of gross domestic product – a percentage not seen since the early 1960s.
The PMI survey and a separate measure of manufacturing from the Confederation of British Industry, showing factory orders suffering the smallest hit in a year, gave Sunak some cause for optimism.
IHS Markit’s chief business economist, Chris Williamson, said the improvement in business expectations suggested the economy was “poised for recovery.”
However the PMI survey showed factory output in February grew at its slowest rate in nine months. Many firms reported extra costs and disruption to supply chains from new post-Brexit barriers to trade with the European Union since Jan. 1.
Vlieghe warned against over-interpreting any early signs of growth. “It is perfectly possible that we have a short period of pent up demand, after which demand eases back again,” he said.
“We are experiencing something between a swoosh-shaped recovery and a W-shaped recovery. We are clearly not experiencing a V-shaped recovery.”
($1 = 0.7160 pounds)
(Editing by Angus MacSwan and Timothy Heritage)
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Teed off: As COVID fuels S. Africa’s housing crisis, golf courses feel the heat
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