Too Long; Didn't Read
Today’s supply chains are inefficient, expensive, and inflexible when compared to new and innovative technologies that are impacting business around the world. E-commerce and the global uptake of hand-held devices have dramatically changed the way people shop. The demands pose challenges for current supply chains, which are complex, inefficient and struggle to provide data transparency over the entire flow.Blockchain technology provides novel ways to record, transmit, and share data. Blockchains can increase the efficiency and transparency of supply chains.