Supply chain departments are rarely the first ones to incorporate technological changes. Only a handful of them show interest in using mobile applications, engage with real-time data, and take advantage of the sharing economy. It's necessary to know that the three factors mentioned above form the backbone of supply chain management. Now let's focus on the central question of … [Read more...] about 4 ways blockchain will improve supply chain management
blockchain
Non Fungible Tokens (NFT) May Become the Trendsetter in the Industry
Non Fungible Tokens (NFT) are a special type of crypto token backed by an asset. They are non-interchanged with each other and are non-divisible. It can be used in gaming and crypto collectibles. The popular non-fungible token standards are ERC721, ERC1155, ERC20, and TRC721. NFT's are mostly stored in suitable digital wallets such as MyEtherWallet and Ledger Hardware wallets. … [Read more...] about Non Fungible Tokens (NFT) May Become the Trendsetter in the Industry
How Blockchain Technology Will Soon Revolutionise Healthcare
Blockchain technology is here, and it promises to fundamentally change a wide range of industries - including healthcare - in the coming years. In the private healthcare landscape, change could come sooner rather than later. If you've not heard of Bitcoin, or the blockchain framework that powers the cryptocurrency, it might be time to take note. The world of digital finance is … [Read more...] about How Blockchain Technology Will Soon Revolutionise Healthcare
The Top Five Strategic Technology Trends for 2021 The Year of Digitalism
If there is one thing that 2020 taught us, forecasting which trends would define the next year remains a challenge. Very few would have believed me if I had written that by mid-2020, the majority of organisations would work from home. Nevertheless, several of the trends I predicted last year, in what I called the Year of Convergence, appeared to be correct. First of all, 5G did … [Read more...] about The Top Five Strategic Technology Trends for 2021 The Year of Digitalism
Pushing Global Trade to the Highest Degree of Accountability
The global supply chain today has taken most logistics out of the control of companies, making them vulnerable to risks, as they commit to deliver value to customers. Companies, on their part, generally, took this in their stride - until the global shutdown with the pandemic of 2020. Tracking goods and paperwork as borders closed amidst a rising pandemic, was chaotic, and … [Read more...] about Pushing Global Trade to the Highest Degree of Accountability
