Effective emergency response to a natural disaster requires rapid, coordinated action among multiple parties. Suffice to say that such a level of efficiency has been sadly lacking in many prior relief efforts. Can blockchain make it happen?
Automotive supply chains depend on tight coordination between a manufacturer and its many suppliers. But some of the basic technology to optimize those connections has been lacking until now.
The conventional notion about online shoppers is that they want it now, and they want it for free. But a new study refutes that assumption, at least partially.
While blockchain technology appears to hold substantial promise for logistics and supply-chain management, it faces a number of obstacles to realizing its full potential.
For supply-chain partners, blockchain technology promises an immutable record of provenance, as products pass from hand to hand. And which industry stands to benefit more from that capability than luxury goods?