supply chain

Enterprise blockchain for verifying product authenticity

100% extra virgin olive oil. Fair trade coffee. Conflict-free minerals. Most of us are familiar with these terms, and every day we place our trust in labels and our favorite retailers, but how do we know these claims are real? Many products are in fact mislabeled or have misleading labels. Did you know that more […]

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Nordea drives prosperity with a blockchain trading solution

At Nordea Bank, digital innovation means becoming more relevant to our customers. We’ve made good progress in this as a founding partner of the we.trade trade finance consortium. Powered by blockchain technology, we.trade connects buyers and sellers in a trusted, efficient digital ecosystem that streamlines trade across Europe’s borders. Transaction volume has grown quickly since […]

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Five trends to shape blockchain in 2020

The year 2019 was pivotal for enterprise blockchain. The technology expanded beyond adoption by innovators and first movers to include a growing number of organizations working together to rapidly turn blockchain’s promised value into tangible business results. As active blockchain networks bring real transformative change to a number of industries, the IBM Blockchain team conducted […]

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Measure trust with blockchain technology

As an enterprise, you want your business network to trust you. However, often times the cost of trust is not in what we can trust, but in what we cannot trust. These costs are rarely accounted for in business networks. Normally, account reconciliation techniques are in place to act as a catch-all for untrusted parties. […]

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Protect Pharmaceutical Product Integrity with the Pharmaceutical Utility Network

The Drug Supply Chain Security Act (DSCSA) Interoperability Pilot demonstrates how blockchain technology can be used to effectively track and trace certain prescription drugs throughout the supply chain. The visibility offered by blockchain makes it easier for pharmaceutical supply chain actors to comply with with the DSCSA (a U.S. law that goes into effect in […]

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Building trust in supplier information management

One area of supply chain management that I have not seen much written about in terms of blockchain and have been focused on is supplier information management. Many other areas that have been written about ad nauseum include transaction settlement, audit transparency, ethical sourcing, shipping data, compliance management, provenance, automation, food safety, and brand protection. […]

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Collaboration: Key to the first multicloud blockchain deployment

Individual data points are like fuel molecules waiting in pipelines and tanks to heat our homes or cook our food. Massive amounts of them sit inside supply chains and transactions, just needing a spark to unleash their transformative power. Vertrax knows something about this. We create software solutions for participants in the oil and gas […]

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How blockchain and IoT is making supply chain smarter

These days, supply chains are complex as well as distributed, involving a large number of parties. Supply chain companies are upgrading their business operations by adopting technologies like IoT and blockchain to monitor assets accurately. In fact, since 2018 the blockchain in IoT market grew from USD 30 million to 113 million, and is projected […]

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Can fixing a logistics problem solve a major social challenge?

The logistics sector in Japan faces two critical challenges. First, a labor shortage due to an aging society, and second, the need for logistics providers to adapt technologically to the changing e-commerce environment. We can solve these challenges by doing two things. The first is to eliminate labor-intensive, paper-based processes, and the second is to […]

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