How blockchain will transform the modern supply chain
Contemporary supply chains have opened up a world of connected commerce far beyond what previous generations imagined possible. Traditional methods for managing shared processes – such as manual inspections, after-the-fact audits, and record reconciliation – are expensive, time-consuming, and error-prone. Modern supply chains demand a better solution. Blockchain is a secure, shared, distributed ledger that allows for supply chain visibility. It is uniquely positioned to help create trust, transparency, and accountability between many parties in supply chain scenarios.