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.