#blockchain + #iot for Supply Chain
▻https://hackernoon.com/blockchain-iot-for-supply-chain-1b07d4afd614?source=rss----3a8144eabfe3-
Supply Chain Management (SCM) is becoming a chaotic mess as each day passes because the present #technology used under the hood is obsolete now.There still is a lot of manual work involved which costs a lot of time and money. For instance, presently it takes days for payments to get through end-to-end. And this manual work, in a way, is futile in nature because there is barely any trust among different stakeholders.Each stakeholder manages their own ledger in a centralised fashion which makes things hazier than they should be. The contractual information involved has to be managed by involving a third party like a lawyer or banker. So, it’s clearly a lot of headaches to manage a supply chain. Especially when the world is advancing towards more and more globalisation.Source: (...)