– Bjorn Kutz , Program Director , Watson IoT Solutions and Blockchain IBM entation of a technology as innovative as blockchain isn ’ t without its challenges . Kutz , for example , cites the fact that it is a ‘ team sport ’, in that everyone along the chain must be willing to participate .

Predominantly , though , he explains that “ blockchain requires new thinking and a new way of business operations that can be unsettling for business that aren ’ t quite sold on the benefits ”.

Those businesses need only look at the tangible evidence to understand the potential of a blockchain based supply chain – safety , security , real-time strategic decision-making capabilities , transparency , cost efficiency and more .

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