Blockchain might be better known as the technology that supports cryptocurrency, but its value extends well beyond that niche. In fact, blockchain could be applied to just about any situation where events, processes, and inventory need to be tracked and accounted for....
Counterfeit goods—illegitimately made or adulterated consumer goods—are the bane of the luxury goods marketplace. By some estimates, the business of trading in fakes is worth about a quarter of the global annual luxury goods industry. About 40 percent of counterfeit...
The topic of smart supply chains has value that extends to just about every industry – not just retail. The digital transformation we are experiencing has provided a platform from which businesses all over the world can become more efficient from end-to-end, but with...
Early adopters are putting blockchain technology to the test in a wide variety of the most challenging supply chain scenarios. Time after time the distributed ledger technology is not only succeeding but thriving in these tests by bringing about accuracy and...
The blockchain may have been initially conceived for financial transactions, but the versatile technology is now showing its true range of colors. Companies from a broad spectrum of activities are getting creative with the distributed ledger system, demonstrating that...
Recently we explored the fundamental concept of blockchain and how it’s revolutionizing record keeping in a wide swath of industries. We focused on the public blockchain, an “incorruptible record keeping system; transparent by being public and un-hackable due to its...
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