Blockchain is arguably one of the most significant and most beneficial modern technologies to be introduced to the supply chain. For one reason alone, it has the power to transform the industry and all related operations single-handedly. That reason is increased visibility and transparency, which means precise controls or oversight is now more possible than ever. Of course, … [Read more...] about How Blockchain in the Supply Chain Increases Transparency
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How Will IoT Transform Logistics Industry?
The world has experienced many technologies and innovations in the last one decade ranging from the World Wide Web, the internet to mobile technologies, and now the internet of things (IoT). Though a popular innovation in the domestic environment such as smart home appliances, smart speakers and personal digital doctors, IoT is rapidly gaining popularity in various … [Read more...] about How Will IoT Transform Logistics Industry?
To Compete in Today’s Competitive E-Commerce Landscape, End-to-End Visibility is Key
It's official ”we are now living in the e-commerce golden age. These days, customers are eschewing malls, grocery stores, and even showrooms, for the uber-convenient option that is online shopping. In fact, e-commerce is expected to overtake in-store sales in the U.S. by 2024, and the unstoppable growth of e-commerce is often blamed for the closure of brick-and-mortar stores; a … [Read more...] about To Compete in Today’s Competitive E-Commerce Landscape, End-to-End Visibility is Key
How can Blockchain and IoT transform supply chain management?
Supply chain management is a complicated area that has various challenges. For many years, businessmen of different industries have been working on providing just-in-time safe delivery and supply chain transparency. Blockchain technology has tremendous potential to transform supply chain management. By storing and managing supply chain data and allowing autonomous transactions, … [Read more...] about How can Blockchain and IoT transform supply chain management?
What Will the Convergence of Blockchain and IoT Bring Us?
Every second, 266. Every minute, 15,982. And every day 23 million “ are the number of devices connecting to the Internet of Things now. Two years from now the figure will mushroom to 1585 per second, 95,129 a minute, and 137 million each day. That's about 50 billion IoT-connected devices, approximately six for each person in 2020. That's a huge number. Isn't it? But the … [Read more...] about What Will the Convergence of Blockchain and IoT Bring Us?