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.
How blockchain will transform the modern supply chain
