From the course: Digital Transformation in Supply Chains
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Share and secure data with blockchains
From the course: Digital Transformation in Supply Chains
Share and secure data with blockchains
- Many of the challenges that we face in business involve storing information securely and exchanging information with our customers and suppliers. In this video, we'll talk about how blockchains could help us store and share supply chain data in a new way. In practical terms, a blockchain is basically a database that can be shared by lots of different people. I think of a blockchain like a shared electronic log book, which, by the way, is why blockchains are sometimes called distributed ledger technology or DLTs. Let's think about how that could be useful in a supply chain by examining what happens when a company places an order with their supplier. It starts when the buyer generates some information, like a purchase order number and transportation routing instructions. At the same time, the supplier creates a sales order and tracks information like the lot numbers and the serial numbers of the products along with prices and…
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Contents
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Adopt autonomous vehicles in the supply chain2m 8s
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Simulation, optimization, and digital twins in supply chains3m 42s
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Additive manufacturing for supply chains3m 22s
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Improve supply chain communication technology2m 51s
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Augmented reality in supply chains2m 56s
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Share and secure data with blockchains3m 31s
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Quantum computing in supply chains2m 35s
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Increase supply chain cybersecurity3m 51s
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Combine technologies into supply chain solutions1m 55s
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Exercise: Technology threats and opportunities56s
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Solution: Technology threats and opportunities2m 25s
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