burger menu
Inclusive Deployment of Blockchain for Supply Chains: Part 1

Inclusive Deployment of Blockchain for Supply Chains: Part 1

    Add to bookmarks
SUMMARY

This WEF research on blockchains in the supply chain explains that blockchain allows supply-chain stakeholders to share control over access to and evolution of the information.

The document starts by offering a description of blockchain and highlights its characteristics. Blockchains enable direct contact among supply-chain actors as reduces reliance on middle-intermediaries. Blockchain also improves audibility and enhances trust while it reduces fraud cases. Blockchain technologies offer more security as are also stronger against a certain type of cyberattacks - though they need to be accompanied by an adequate cybersecurity strategy. Besides, this technology enables smart contracts that reduce costs compared to traditional contracts.

The paper presents in-depth information about the different types of blockchains available and describes de differences between public and private blockchains. It also includes several examples of some of the most common use-cases of blockchain in the supply-chain at present. 

This research also dedicates a section to blockchain challenges in the supply chain which aims at sharing with readers the most relevant concerns that could put under risk the blockchain technology’s potential to offer positive modification in the supply-chain environment and that require adequate responses from stakeholders. 

 

OUTLINE

Introduction

Supply chains 

Blockchain. Public versus private blockchain 

Blockchain Use‐Cases in Supply Chains 

Main Blockchain Challenges

Collaboration among stakeholders in Blockchain 

Next steps and Glossary 

DETAILS

Overview

Researchfinder Rating
5 out of 5 stars
Title
Inclusive Deployment of Blockchain for Supply Chains: Part 1
Region
Global
Published
March 15, 2019
Publisher
WEF
Author(s)
Sheila Warren, Christoph Wolff, Nadia Hewett
Price
FREE
Language
ENGLISH

Content

Number of Pages
24
Number of Tables
4
Number of Exhibits
1
Topics
blockchain
Tags
blockchain, data protection, global, interoperability, privacy, security, smart contracts, supply chain, WEF
Companies mentioned
Maersk, IBM, The Bank of America Merrill Lynch (BofAML), HSBC
Author(s)
Sheila Warren, Christoph Wolff, Nadia Hewett
Methodology
Not available.
EVALUATION

This is an insightful report by the World Economic Forum on blockchains in the supply chain that offers excellent use-cases and great examples of business collaboration in the blockchain.

Positives:

  • Great use-cases
  • Good definitions of blockchain and smart contract
  • Good examples of industry collaboration
  • Good tables
  • Good glossary
  • Includes references and links to further documents

Similiar Reports

Digital identification

FREE

Gartner Top 10 Strategic Technology Trends for 2019

FREE

Bitcoin, Blockchain, and the Energy Sector

FREE