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Blockchain in the Supply Chain

1 03 March 2016 3 comments

Enrico Camerinelli

Supply Chain Blockchain Personal Coach

Aite Group

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:

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

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

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In the world of international trade, the process of exchanging payments, information and documents between buyers, sellers, banks, and other involved parties is becoming increasingly important for financial institutions. This community aims at presenting views and innovative ideas related to this financial supply chain space.

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