As with any major trend, it is important to carefully evaluate whether it is truly right for you and your business. Today’s businesses need to know where their products are coming from and who they are working with. But rather than assuming blockchain will answer these questions, businesses should work in reverse: first, find an effective solution to achieve supply chain transparency, then see how blockchain can be implemented for greater value.
Transparency and traceability are often used interchangeably, but they are in fact two different concepts. Understanding the difference between the two is key for developing a supply chain management strategy to capture and communicate the right information.
In January 2018, we hosted a webinar presenting Transparency-One’s latest features, including our blockchain services. Blockchain can help enhance the Transparency-One’s supply chain transparency solution by providing users with additional data security. But how does it work? Here are your top 3 blockchain questions, answered.
Everyone seems to be talking about blockchain. Recently, in between teenage “eye rolls,” even my 13-year-old asked me about blockchain and what we are doing about it. Really? Despite the teenage questioning, we had already been watching the blockchain trend closely. A couple of weeks ago, we launched a blockchain service option for our platform.