How Should Small Businesses Use Blockchain?

September 2, 2018

Most of us are familiar, to some degree, with blockchain. Starting life in 2008, as a public transaction ledger, it has developed considerably since then. It’s now far more than ‘just’ a tool for cryptocurrency exchanges. Hailed for its ability to improve security, traceability and transparency, it’s being used in a plethora of ways. We see blockchain used in cloud storage, payment methods, business contracts and even supply chain management. These are just four of the most useful areas for blockchain for small business. Read more

Why and How to Make Supply Chains Ethical with Blockchain

July 22, 2018

Blockchain may be the buzz concept of 2018 but there’s good reason for that. Technology emerges when there is a driving need. That’s what has happened here: supply chains are under immense and increasing pressure, with squeezed profit margins and performance visibility paramount. Further pressure comes from consumers themselves who now expect a radically different level of service, but also from regulators, stakeholders, and consumers again who expect a higher level of ethical and environmental responsibility. Read more

Misconceptions and Misinterpretations in the Supply Chain

April 19, 2018

In the supply chain industry, we often make decisions based on generalised information which we take as fact. This can be a dangerous business as in reality many of these ‘truths’ are often misconceived, misinterpreted, or in the worst situations, simply untrue. In this article, we explore five misconceptions and misinterpretations and offer the actual facts to support better decision making in the supply chain. Read more

What is Blockchain and How Will It Impact Supply Chains?

February 2, 2018

Currently, there is a lot of talk about Blockchain technology. Blockchain technology has been driven by the financial services industry to provide a practical algorithm, designed for cryptocurrency, that drives a distributed data structure in relation to electronic cash movements. Blockchain has been invented to replace the administrative role of a central bank and the technology can, therefore, be used as a repository and distributor of virtual money. That’s its use for financial services, but how will it impact supply chains? Read more

Why Food Industry Supply Chains are Piloting Blockchain

January 24, 2018

Blockchain technology is most likely one of the biggest trends hitting businesses over the coming year. Blockchain has the potential to make international supply chain transactions seamless, efficient, accessible and most importantly fully secure. We’re already seeing big businesses such as Unilever, Walmart, Dole and Nestle making inroads, in partnership with IBM and major banks, through a food industry consortium set up last year. The aim of this consortium is to establish how to utilise blockchain technology within their food-specific international supply chains. Read more