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Why is blockchain use in the supply chain important?
Blockchain is a distributed ledger technology that allows multiple parties around the globe to quickly access and verify immutable copies of transactions, effectively minimizing risk throughout the supply chain. Blockchain and other emerging technologies, such as machine learning, are transforming supply chains by creating a transparent movement of products from producer to consumer.
- Enhance your competitive edge — this exciting emerging technology will help put your customers first.
- Explore global supply chain interactions and understand how blockchain is used to reduce errors and increase transparency and auditability.
- Emerging technology and ethical sourcing are ever evolving and important for compliance and staying competitive.
Gain practical knowledge through detailed use cases.
The use cases include physical goods from producer to retailer, ethical sourcing, digital products, vendor relationships for royalty payments, and real estate. Through these use cases, you will learn about the value blockchain provides to the supply chain, technology considerations, and factors in success and failure.
CPE Credit: 4