https://101blockchains.com/blockchain-in-supply-chain/
Topic: Blockchain in Supply chain & logistics dept. (Read 179 times)
Check this recent article about How Can Blockchain Transform the Supply Chain?
https://101blockchains.com/blockchain-in-supply-chain/
https://101blockchains.com/blockchain-in-supply-chain/
Blockchain can be applied to supply chain and logistic management in the form of payment across the globe. Letter of credit, bank gurantee and method of payments has been one of the hurdles in the logistics. By creating a platform to augment, alternative currency for payments, and escrow for both buyer and seller is one example where blockchain can be applied to supply chain.
In the near future I think there will be projects that apply blockchain technology to solve supply chain problems and logitics.
It can help in many ways. I am exceptionally inquisitive about this subject, and I am considering it. I am attempting to take care of my own business, worldwide coordination and transportation. I have created different tokens. I locate these extremely futile, yet I surmise that I might want to get the thoughts and strategies for task. I am so happy to impart to me discover anything.
Yes, I think blockchain can solve this problem. Blockchain technology is going to rule the upcoimg time. It has a very good potential to solve this problem.
I think supply chain will be able to help, but it will depend on the mechanism and process created in the project. Blockchain just help and support, but the key is not in blockchain but in the project idea and concept.
Transparency of liquidation and expenses. And own blockchain of supply chain and logistics dept.
Whats your opinion, how can we merge blockchain with supply chain, logistics and how can it help.
Whats your opinion, how can we merge blockchain with supply chain, logistics and how can it help.
Bitcoin is leading the crypto market nowadays. It can help in many ways. I am exceptionally inquisitive about this subject, and I am considering it. I am attempting to take care of my own business, worldwide coordination and transportation. I have created different tokens. I locate these extremely futile, yet I surmise that I might want to get the thoughts and strategies for task. So invest money in btc it will be more profitable than other coins.
Well, I even thought about this earlier. But there is no actual relationship of blockchain system with supply chain and logistics industry. Transparency was always a problem of this field , but I don’t think that I can be solved with blockchain system.
Blockchain technology is a blessing for the supply chain and logistics operation. In logistics part, most of the information are to share with the stakeholders. But blockchain will share all the information automatically when it is required.
I like this things that's why i wants to connect worldwide logistic in my business. Nowadays peoples are invented tokens but personally i feel these are not necessary. I think there are many way to improve these tokens.
I had hoped that there would be a blockchain solution to domain name registrations and trading, but this doesn't seem to have happened.
Our general supply chain method lacks transparency and its very complicated now. In the past the commerce was local and supply chain was plain simple Now the commerce is complex and so is supply chain and logistics industry. But can blockchain technology solve all this problem.
Whats your opinion, how can we merge blockchain with supply chain, logistics industry and how can it help.
Whats your opinion, how can we merge blockchain with supply chain, logistics industry and how can it help.
There is an ongoing debate about this, we will wait for more experiments.
The first argument: open blockchain isn't suitable for this project because of the consensus algorithm built on top of it (PoW). Blockchain has a very specific use, and maybe only suitable for cryptocurrencies. Long story short, closed blockchain will fail.
The second argument: closed blockchain with special consensus algorithm (PoS or else) can be used in various projects, one of them is for a supply chain project.
In my opinion, the supply chain industry maybe needs a better database instead of using blockchain.
though i have not thought it this way that our supply chain system will be covered under the blockchain technology. there is no doubt that transparency will be much more stronger with blockchain technology. let's see what's gonna coming for us.
I am very curious about this subject, and I am thinking about it. I am trying to do something about my own business, international logistics and transportation. I have produced various tokens. I find these very meaningless, but I think that I would like to get the ideas and methods of operation. I am so glad to share with me find anything
Our general supply chain method lacks transparency and its very complicated now. In the past the commerce was local and supply chain was plain simple Now the commerce is complex and so is supply chain and logistics industry. But can blockchain technology solve all this problem.
Whats your opinion, how can we merge blockchain with supply chain, logistics industry and how can it help.
Whats your opinion, how can we merge blockchain with supply chain, logistics industry and how can it help.
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