“IBM is bringing artificial intelligence and blockchain technology to bear on supply-chain management — with a twist,” says Robert J. Bowman. “What distinguishes this latest effort from previous software industry offerings, IBM says, is the manner in which it’s open to developers and third-party applications.” READ MORE at Supply Chain Brain
Cyberattacks are on the rise, especially in the supply chain. In recent years, 69% of firms experienced an attempted or realized loss of data due to a breach, according to Accenture, and only 24% of firms believe that their security is “state-of-the-art.” Does blockchain address all of the concerns of supply chain cybersecurity? READ MORE [...]
“The industrial IoT will play an important part in the evolution of supply chains from linear point-to-point models to network or circular models. Business efficiency, sustainability and regulatory pressures are causing many companies to investigate these new approaches, but IoT and blockchain actually make it feasible to adopt the new business models,” says Alan Griffiths. READ [...]
Most people recognize blockchain as the underlying technology for cryptocurrency. But for companies reliant on strategic partnerships or those seeking to increase the transparency of interactions between consumers or business partners, blockchain presents a world of possibilities, explains Vikrant Viniak, managing director at Accenture Strategy.READ MORE @ Supply Chain Management Review
Blockchain promises to propagate key contract terms and payments. Robert J. Bowman says many companies are leaping at the opportunity to adopt it. Yet few have reached that goal. What’s holding up the train? READ MORE
