UPS, Walmart, and APL are a few of the logistics titans piloting blockchain technology.
One of the most universally applicable aspects of blockchain technology is that it can enable more secure, transparent monitoring of transactions.
Beyond applications in healthcare, real estate, banking, and other industries, blockchain could have a broad impact on the supply chain & logistics space.
As products move across a supply chain from manufacturer to sale, transactions could be documented in a permanent decentralized record using blockchain technology — reducing time delays, added costs, and human errors.
We take a look at 5 supply chain & logistics giants leveraging blockchain to increase efficiencies across the space, along with where they’re forming partnerships.
(We’ previously analyzed where dozens of major corporations and organizations are implementing blockchain to make an impact.)