Deploying Blockchain: How to Add Value to Your Supply Chain

 


metal chain against sky background

 

Blockchain is a distributed software network that enables secure transfer of assets and digital information between network participants without an intermediary. Anything from currencies, assets, land titles or votes can be tokenized, stored, and exchanged on a blockchain network. The first concept of cryptographical blocks was described in the early 1990s. In 1998 Nick Szabo further developed the idea towards a decentralized digital currency, but the fundamental concept of distributed ledger technology was invented by Satoshi Nakamoto, pseudonym of an unknown person or group of persons, in 2008. Since then, blockchain has been developed into something more valuable for the supply chain that enables digital information to be distributed and converted, but not copied or abused. In the years between 2010-2012 the first blockchain transactions were recorded and the technology became popular. The idea behind this technology was further adapted and converted into new concepts, such as Ethereum (2015) and EOS (2017) and many more. In the foreground was mainly the idea of a digital currency, but the underlying potential is much greater than simply facilitating financial transactions. We will focus rather on the technological aspects in order to examine the potential within the supply chain in more detail.

  • 02 . 12 . 21

    Using AI to Detect Cyber Incursions – How cyber secure are you?

    Did you know that in Australia, a cyber-attack occurs on critical infrastructure every 32 minutes? Did you know that around 45% of cyber attacks come from current or past employees? State of Matter hosted a webinar for the Australian audience in November on the topic of “Using innovative AI to detect cyber incursions” with guest […]
    Read more
  • 01 . 12 . 21

    Asset management in public transport: How do you realize value with predictive strategies?

    Introduction Implementing, structuring, and managing data for automation / infrastructure can be a challenge. Despite the challenge, many organisations want to transform their traditional infrastructure organisation into a data-driven organisation. They do so because of an ambition to progress from planned to predictive maintenance, to take advantage of new technologies, such as drones and sensors, […]
    Read more
  • 03 . 11 . 21

    Cordence Worldwide Executives gather in Paris to get ahead of what’s next

    Cordence Worldwide Executives gathered in Paris last week for a hybrid meeting to shape the strategies and solutions to help their clients get ahead of what’s next. Living the reality of post-pandemic ways of working, Cordence Member firms in Europe met in person, with member firms from AsiaPac and the Americas participating virtually. This hybrid […]
    Read more
  • 03 . 11 . 21

    Cordence Festival 2021: That’s a Wrap!

    The First Cordence Festival 2021 came at a time when we haven’t been able to meet for over a year, but in the four days of the Festival, the member firms and the Cordence team were more connected than ever. In more than 25 sessions our member firms showed the power of Cordence and their […]
    Read more
  • 01 . 04 . 21

    Asset Management in Public Transport: The Data Maturity Journey from Planned to Predictive Maintenance

    Introduction In a rapidly modernizing world, many organisations aim to transform their traditional infrastructure organisation into a dynamic, data-driven one. They are propelled by an ambition to progress from planned to predictive maintenance, maximize their budgets and financial efficiency, and take advantage of new technologies. Information systems, based on data, make better and faster decisions […]
    Read more
  • 04 . 03 . 21

    Managed Services Pods Are A Slam Dunk

    Looking for a better way to build teams, embed expertise and unlock rapid value in Managed Services?

    Cordence partner North Highland shares how Managed Services Pods are a Slam Dunk.

    Read more
  • 25 . 02 . 21

    Sales & Operations Planning

    Cordence partner Bonfiglioli Consulting shares a case history using their Sales & Operations Planning and the important results achieved.

    Read more
  • 18 . 02 . 21

    How do you adapt your organization to the post-corona work environment?

    How do you adapt your organization to the post-COVID work environment?

    COVID has changed the function of the office building and the way we work forever. Cordence partner Twynstra Gudde shares their blog on how to get start.

    Learn how below.

    Read more