Blockchain: Revolutionary Concept for the Supply Chain

by Kevin O'Neill

What is blockchain?

Blockchain is a secure database that holds records of digital data or events in a way that makes them tamper-resistant. Blockchain technology makes it easier and safer for businesses to work together over the internet.

How will blockchain technology will enable greater supply chain efficiency?

Blockchain creates a permanent history of a product, from manufacture to sale. It could dramatically reduce time delays, added costs, and human error that plague transactions today.

Blockchain technology offers shippers several advantages:

  • Enhanced Transparency
  • Greater Scalability
  • Better Security
  • Increased Innovation

Read more from SupplyChain247 on how blockchain technology will shape and impact the future supply chain.

About the blog

Learn more about mezzanines, work platforms and other steel structures, and about trends in the material handling and industrial processing markets from our blog posts by Steele Solutions President Kevin O’Neill. Check out the blog archives for helpful advice on structure selection, siting and applications.

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