A recent survey of 42 supply chain managers from Chain Business Insights finds that 43% intend to introduce blockchain into their supply chains over the coming year, and another 20% within the next two years.

Advantages seen include improving supply chain visibility and transparency (cited by 46%), while 24% see potential to reduce transaction costs. 80% of respondents indicate that blockchain will play a role in tracking products moving through the supply chain. Another 60% see it as a way to share information with suppliers.

A similar number see it as a way to share payment information such as purchase orders.

Click here to read the Forbes article. 

Get in Touch

Contact us today to start the discussion.

Not readable? Change text. captcha txt
Digital ledger technology