Blockchain technology is most commonly associated with Bitcoin and other cryptocurrencies. But the technology can and is being used to protect and secure processes in other industries.
Chronicled uses blockchain technology and supply chain management solutions to verify goods and keep counterfeit products off of the market. Chronicled has applied this technology to the MediLedger Project, a pharmaceutical initiative that helped keep stolen or counterfeit pills from entering the market and beig passed onto patients.
Sam Radocchia is the CMO and co-founder of Chronicled. She joins Cheddar to explain how Chronicled is leading the initiative to bring blockchain to more industries.
The Food and Drug Administration is asking Congress for new powers, including the ability to mandate drug recalls and require eyedrop makers to undergo inspections before shipping products to the U.S.
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.
