SUBJECT

SUPPLY CHAIN

Data integrity for local and global markets
BLOCKCHAINAPAC

Supply Chain


In plain sight. Supply chains as a Blockchain / DLT use case.

Few verticals are as naturally suited to improvements in the transmission of data. Complexity is at the heart of existing systems. Data records, payment channels and processes, regulatory and compliance requirements. All interwoven, across business, borders and jurisdictions. 

Notwithstanding the digitisation of much of the world’s data supply chains, in their most readily identifiable form they remain tied to paperwork trails. Bills of lading, invoices, receipts, ownership documentation. 

Can we fix this? Blockchain and DLT promise to solve many of these challenges. Simply put, the supply chain leaves a trail. This technology creates a tamper proof and tamper evident footprint. Shareable data sets that allow those involved in the process to determine and benefit from – 

  • Provenance
  • Ethical and sustainable practice
  • Ownership rights
  • Liquidity pools
  • Trade finance
  • Risk protocol management
  • Real time inventory tracking

In general terms, it’s the cost of trust.

Information that’s accurate and relevant to those who need to, or want to know. Transparency for businesses transacting with each other. Compliance with regulatory frameworks.


What next?

Resources

Further reading? A list of curated resources to assist you in better understanding this Blockchain ecosystem segment.
An ecosystem

BlockchainAPAC

Data passing between points. The core of the supply chain. Impact your business supply chain from process commencement to completion. Removing friction points and improving efficiency through the integration of smart contracts, IoT and provenance protocols.


People

Community

BAPAC has been brought together with the aim of advancing, developing and delivering on the promise of Blockchain technology.

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Connect

Contact

Reach out. The best Australian stories need to be shared with the broader blockchain community, with Government and Enterprise.

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