Featured: Blockchain has more and more applications in supply chain

The applications of blockchain in the supply chain have now passed the pilot phase. Scanning barcodes of a tag is now linked to blockchain for tracing load carriers and tracking beef from Mongolia. This is evident from a recent webinar by Supply Chain Media. However, the Return on Investment (ROI) often becomes a hurdle for broad deployment of internet-connected technology for Industry 4.0.

Featured: Blockchain has more and more applications in supply chain

Companies face five main challenges in establishing and executing digital transformations. One is making the right choices among disruptive technologies. The top three transformative business technologies cited are advanced artificial intelligence (AI), blockchain and the Internet of Things (IoT).

A notably large proportion of the supply chain start-ups in Europe use blockchain technology. Among other things, blockchain makes it possible to digitize documents and securely and reliably share sensitive data with supply chain partners.

Implementation of blockchain in supply chain seems to have reached an impasse. Whatโ€™s next for the technology born from the world of cryptocurrency? Since it made the leap about six years ago from the then-obscure world of cryptocurrencies to business applications like supply chain, the story arc of blockchain has been compelling. But recent events are leaving observers asking if the final chapters are now being written.

๐—”๐—ฐ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐Ÿฐ.๐Ÿฌ ๐—•๐—ฎ๐—ฟ๐—ผ๐—บ๐—ฒ๐˜๐—ฒ๐—ฟ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€ ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐—น๐—ฒ๐—ฎ๐—ฟ๐—ป๐—ฒ๐—ฑ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ฝ๐—ฎ๐˜€๐˜ ๐—ฐ๐—ฟ๐—ถ๐˜€๐—ฒ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฎ๐—ฟ๐—ฒ ๐—ป๐—ผ๐˜„ ๐—ฎ๐—ฏ๐—น๐—ฒ ๐˜๐—ผ ๐—ถ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ฒ ๐˜€๐˜‚๐—ฝ๐—ฝ๐—น๐˜† ๐—ฐ๐—ต๐—ฎ๐—ถ๐—ป ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ฝ๐—ฎ๐—ฟ๐—ฒ๐—ป๐—ฐ๐˜† ๐˜๐—ต๐—ฟ๐—ผ๐˜‚๐—ด๐—ต ๐˜€๐˜‚๐—ฐ๐—ฐ๐—ฒ๐˜€๐˜€๐—ณ๐˜‚๐—น ๐—ถ๐—บ๐—ฝ๐—น๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐Ÿฐ.๐Ÿฌ ๐˜๐—ฒ๐—ฐ๐—ต๐—ป๐—ผ๐—น๐—ผ๐—ด๐—ถ๐—ฒ๐˜€. Rewatch the webinar about ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐Ÿฐ.๐Ÿฌ ๐—ฎ๐—ป๐—ฑ ๐—•๐—น๐—ผ๐—ฐ๐—ธ๐—ฐ๐—ต๐—ฎ๐—ถ๐—ป & ๐—œ๐—ผ๐—ง ๐—ถ๐—ป ๐—ฆ๐˜‚๐—ฝ๐—ฝ๐—น๐˜† ๐—–๐—ต๐—ฎ๐—ถ๐—ป with Martijn Lofvers as a moderator, Dr. Christina Reich from MHP will talk about the trends of the Industry 4.0 Barometer Survey. Milou from RTI Blockchain, and Tamir Baasanjav from OBORTECH - Smart Hub, who will take you on a journey of Blockchain & IoT in Supply Chain.

Featured: Blockchain has more and more applications in supply chain

Or read the Dutch summary of the webinar via Supplyย Chain Media BV: https://www.supplychainmagazine.nl/blockchain-kent-steeds-meer-toepassingen-in-supply-chain/

'Omdat Return on Investment nog steeds de meest zwaarwegende factor is voor bedrijven, blijven investeringen in meer holistische automatiseringsoplossingen vaak uit. Bedrijven kiezen liever voor standalone oplossingen, die per saldo uiteindelijk ๐—บ๐—ถ๐—ป๐—ฑ๐—ฒ๐—ฟ ๐—ผ๐—ฝ๐—น๐—ฒ๐˜ƒ๐—ฒ๐—ฟ๐—ฒ๐—ป ๐—ฑ๐—ฎ๐—ป ๐—ฒ๐—ฒ๐—ป ๐—ด๐—ฒ๐—ถฬˆ๐—ป๐˜๐—ฒ๐—ด๐—ฟ๐—ฒ๐—ฒ๐—ฟ๐—ฑ๐—ฒ ๐—ผ๐—ฝ๐—น๐—ผ๐˜€๐˜€๐—ถ๐—ป๐—ด.โ€™ stelt Prof. Dr. Christina S. Reich, Senior Management Consultant bij MHP โ€“ A Porsche Company en projectleider van de recent uitgevoerde Industry 4.0 Barometer.

โ€˜Gemiddeld lijdt een bedrijf 4 miljoen euro verlies door problemen met de visibility van pallets in de supply chain' constateert Milou Klooster, CEO van RTI Blockchain. โ€˜Dit komt door het gebrek aan standaardisatie en allerlei zelfbedachte oplossingen hiervoor. De traditionele systemen en individuele oplossingen werken niet om problemen bij de registratie van RTI-bewegingen op te lossen, vandaar onze blockchain-oplossing.'

About the Author

Sanne Kruis
Sanne Kruis
๎ †

CMO on a mission to reduce our footprint on inefficiency and waste in the chain

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