Blockchain

The assets in supply chains of company networks are tracked from origin to end user and all associated transactions are documented. Blockchain stores these processes in a non-manipulable register like an account book or ledger. An asset can be tangible, like a car, or intangible, like intellectual property. With blockchain, almost anything of value can be traded and tracked automatically. Since blockchain cannot be manipulated, risks and costs are significantly reduced. Blockchain offers great potential for all supply chains.