October 28, 2018
How organizations have moved from blockchain hype to reality
The management of today’s complex, global supply chains is a daunting task.
It is this complexity, and the need for much greater transparency, that is creating such interest in the application of blockchain to supply chains.
It offers an opportunity to tackle some of the perennial issues that compromise supply chain effectiveness, such as the lack of traceability.
To gain a deeper understanding of blockchain maturity in the supply chain domain, and to identify use cases for different sectors, we surveyed nearly 450 organizations.
These organizations from across the manufacturing, consumer products, and retail industries have blockchain implementations underway at the proof-of-concept, pilot, or at-scale stage.
We assessed their approach to the blockchain, the applications they are implementing, and the challenges they face in scaling their initiatives, with this report looking at three main areas:
- How blockchain can help organizations tackle key supply chain issues, and the state of blockchain maturity in terms of the deployment of this technology today
- The applications that are gaining traction and some real-world examples of deployment
- The key best practices for a resilient blockchain program
Organizations can use the analysis in this report of applications being implemented and the characteristics of pace-setting organizations to understand how feasible this technology is for them and how to go about implementing their own blockchain programs.
With that clear picture, they will be ready to strike as the blockchain hype increasingly turns to a reality.
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