Improving the supply chain is one of the best ways for any business to cut down on its operational costs while speeding up its delivery of goods or services to customers around the world. Naturally, companies everywhere have thus invested huge sums of time, money, and effort into improving the supply chain through any means possible. Lately, improvements to the supply chain … [Read more...] about How Blockchain Will Improve the Supply Chain
supply chain
Why Ricardian Contracts, not Smart Contracts, are Blockchain’s Killer Application
Smart contracts have been dubbed the killer application of distributed ledger technology. Within every industry, smart contracts will provide significant efficiency benefits. They will reduce transaction times between stakeholders from weeks to minutes or seconds. Especially within global supply chains, smart contracts will kickstart data-enabled collaboration. They can offer … [Read more...] about Why Ricardian Contracts, not Smart Contracts, are Blockchain’s Killer Application
The Top 7 Technology Trends for 2019
As the year comes to an end, it is time to look ahead to see what the next year will bring us. Last year, I predicted that 2018 would be the Year of Transition and a lot has happened indeed. The crypto market crashed with 60% since its peak at the beginning of the year. In addition, as I predicted, a new approach to data ownership is coming with Sir Tim Berners-Lee's launch of … [Read more...] about The Top 7 Technology Trends for 2019
Why Blockchain is Quickly Becoming the Gold Standard for Supply Chains
Global supply chains are complex processes. Different companies, with distinctive objectives, are working together to achieve a common goal; to bring something from A to B. For a supply chain to work, partners have to trust each other. To do so, there are multiple checks-and-balances, extensive documents and different checkpoints all interacting in a web of bureaucratic … [Read more...] about Why Blockchain is Quickly Becoming the Gold Standard for Supply Chains
7 Ways Cloud Technology & Big Data Are Changing Supply Chain Management
The discipline of supply chain management has changed radically over the past few years. It's a role that's only a few decades old, but it's already transformed business processes around the globe. From procuring raw materials needed in manufacturing and production to ensuring smooth and timely delivery to the customer, today's supply chain manager has a multifaceted role ” and … [Read more...] about 7 Ways Cloud Technology & Big Data Are Changing Supply Chain Management
