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Blockchain in the Supply Chain

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I am lining up the key characteristics/enablers that I believe make blockchain valuable to supply chain and trade. Next step will be to map these characteristics/enablers with supply chain and trade processes to appreciate whether blockchain-based solutions are the right fit.

 Perhaps you may want to comments/ amend/ add?

 These are the characteristics/enablers:

  1. Notarization
  2. Title transfer
  3. Chain of possession
  4. Smart contracts
  5. Irrevocability
  6. Ownership and uniqueness of separately held documents (e.g., documents associated with an LC)
  7. History if transactions/ time-stamping

 

Hope to hear soon from those of you who want to keep the conversation ongoing.

 

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