30 May '17, 4am

EBN - @HaileyMcK - #Blockchain & #SupplyChain: Early But Promising

Supply chain professionals are talking a lot about blockchain, and how it can be applied to address the increasingly global and complex nature of the supply chain. However, we are still in early days, with only about three in ten companies actively implementing the technology, recent research suggests. “Blockchain in supply chain and trade finance is definitely in a nascent stage,” Sherree DeCovny, co-founder and research principal at Chain Business Insights explained. About one quarter of those surveyed said they are knowledgeable about blockchain, while the rest are still at the early stages of the learning curve. The research firm recently released a report titled Blockchain in Supply Chain: Edging Toward Higher Visibility, which benchmarks the current state of the technology. The report polled 42 supply chain professionals (an admittedly limited sample) from companies ...

Full article: http://www.ebnonline.com/author.asp?doc_id=282745&section...

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