BMP 10 banner logo

LinkedIn Buyers Meeting Point procurement Kelly Barner twitter Buyers Meeting Point procurement Kelly Barner scribd Buyers Meeting Point procurement Kelly Barneryoutube Buyers Meeting Point procurement Kelly BarnerAdobeStock podcasticon

  • Home
  • Latest Content
  • Is Blockchain Ready for the Challenge of Managing Complex Supply Chains? (ATSC blog)

Is Blockchain Ready for the Challenge of Managing Complex Supply Chains? (ATSC blog)

This content was posted on the All Things Supply Chain Blog on March 25, 2019

Blockchain – or distributed ledger technology – is most commonly known for being the technological and intellectual basis of the crypto currency ‘bitcoin’, but it has many other applications as well. ‘Blocks’ on a ‘chain’ are used to store information securely via a peer to peer network. Each block contains identifiers from the blocks that precede it, making the chain difficult to modify or hack, but more importantly, making unsanctioned modifications very hard to conceal. Because the ledger is distributed, living on all machines in the network, no one company or person ‘owns’ the data stored in it. For this reason, blockchain is being studied for its ability to guarantee visibility into multi-enterprise contracts and extended supply chain transactions.

Click herelick here to read the rest of the article.

More Articles

BMP 10 banner logo

0
Shares