This Infographic from APQC explains how Blockchain, or distributed ledger technology, provides a secure way to record transactions made among key business partners.
With this technology, data is stored across a network accessible to entities involved in the transaction. Once transaction data is verified, it is virtually impossible to change it.
You can also read about Blockchain in our NextGen news article from December 2017.
SC
MR
Subscribe to our weekly e-mail update
Don’t miss out on the best in supply chain. Latest Supply Chain News
- Survey reveals strategies for addressing supply chain, logistics labor shortages
- Israel, Ukraine aid package to increase pressure on aerospace and defense supply chains
- How CPG brands can deliver on supplier diversity promises
- How S&OP provides the answer to in-demand products
- AI, virtual reality is bringing experiential learning into the modern age
- More News
Latest Podcast
Talking Supply Chain: Doomsday never arrives for Baltimore bridge collapse impacts
The collapse of Baltimore’s Francis Scott Key bridge brought doomsday headlines for the supply chain. But the reality has been something less…
Explore
Software & Technology News
- Survey reveals strategies for addressing supply chain, logistics labor shortages
- AI, virtual reality is bringing experiential learning into the modern age
- Humanoid robots’ place in an intralogistics smart robot strategy
- Tips for CIOs to overcome technology talent acquisition troubles
- Game on: Rethinking change management for the digital era
- Predicting stockouts: Enhancing FMCG resilience through data-driven insights
- More Software & Technology
Latest Software & Technology Resources
Talking Supply Chain: Quantum Computing to Tackle Supply Chain Issues
Conversations surrounding quantum computing often lead to many puzzled looks. The technology promises faster computations of large-scale supply…
Subscribe
Supply Chain Management Review delivers the best industry content.
Subscribe today and get full access to all of Supply Chain Management Review’s exclusive content, email newsletters, premium resources and in-depth, comprehensive feature articles written by the industry's top experts on the subjects that matter most to supply chain professionals.
Editors’ Picks
Port of Baltimore May Not Reopen Until Summer
The Port of Baltimore may remain closed until at least May, and possibly into…
A New Priority Greets Procurement Professionals in 2024
Cost reduction supplants supply continuity as the top issue facing…
Supply Chains Facing New Pressures as Companies Seek Cost Savings
A Boston Consulting Group survey of global executives found a majority are…
Digital Approaches, End-to-End Thinking Help Supply Chains Evolve
Supply chain disruptions come in many forms, but digital approaches and…
© Copyright 2024 Supply Chain Management Review, a division of Peerless Media. All Rights Reserved.
×