Blockchain, supply chains and the post-Covid world
Covid-19 has underlined the vulnerability of supply chains. The blockchain can enhance resilience by improving the transparency and traceability of transactions.
Image: Alexey Godzenko/Shutterstock
Covid-19 has placed significant pressure and strain on supply chains, creating issues around product shortages, delays and increase in costs.
During this time the resilience of supply chains has become a talking point across online and offline media platforms throughout the world, with many experts and industry insiders expecting the world to look vastly different post-lockdown.
The expectation by many experts is the movement by organisations towards a digitisation strategy where technology is a key driver in future decision-making. Industry 4.0 tools have the potential to open up new opportunities for creating tools and services which
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