Blockchain, supply chains and the post-Covid world

Press/Media: Expert Comment

Description

Covid-19 has underlined the vulnerability of supply chains. The blockchain can enhance resilience by improving the transparency and traceability of transactions.

Period13 Aug 2020

Media contributions

1

Media contributions

  • TitleBlockchain, supply chains and the post-Covid world
    Degree of recognitionNational
    Media name/outletBoard Agenda
    Media typeWeb
    CountryUnited Kingdom
    Date13/08/20
    DescriptionCovid-19 has placed significant pressure and strain on supply chains, creating issues around product shortages, delays and increase in costs.

    During this time the resilience of supply chains has become a talking point across online and offline media platforms throughout the world, with many experts and industry insiders expecting the world to look vastly different post-lockdown.

    The expectation by many experts is the movement by organisations towards a digitisation strategy where technology is a key driver in future decision-making. Industry 4.0 tools have the potential to open up new opportunities for creating tools and services which are transparent, traceable and provide quick transfer of information and transactions. Within this, tools such as the blockchain have the potential to bring unique value to supply chain management.
    URLhttps://boardagenda.com/2020/08/13/blockchain-supply-chains-and-the-post-covid-world/
    PersonsAbdul Jabbar, Samir Dani