TRANSPARENCY AND SAFETY
Blockchain helps products reach stores faster
“ BLOCKCHAIN IS ALL ABOUT TRANSPARENCY . IT ALLOWS FOR KEY INFORMATION TO BE RECORDED ON A SHARED , IMMUTABLE LEDGER ”
– Bjorn Kutz , Program Director , Watson IoT Solutions and Blockchain IBM cognitive computing and augmented intelligence into its distribution operations to improve fleet management , enhance driver safety and test new capabilities that optimise decision making in areas like energy , equipment and restaurant wellness management .”
Leveraging blockchain technology into this system can , through the recording of the information , provide a single source of insights that helps all in the supply chain .
IoT can , for example , provide fleet sensor data through a blockchain smart contract that is then shared with other parties in the supply chain , enabling the entire network to have improved visibility of a shipment ’ s status . The end result is a streamlined and more transparent supply chain .
“ Using the two technologies together ,” says Kutz , “ companies can quickly identify potential problems , streamline transactions and identify new opportunities .”
TRANSPARENCY AND SAFETY
Of course , an efficient and streamlined supply chain is an essential requirement for any business but ask a food
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