The Supply Chain and Blockchain. I: Pros and Cons

Blockchain technology can be applied in business organizations to functions related to operations and supply chains. Supply chains are becoming increasingly complex in structure and activities, with a diversity of participants, which means that many organizations lack of an integrated wiew of the entire supply...

Blockchain not for every case

Not all processes need an economy or a payments system, or peer-to-peer exchange, or decentralization, or robust public record keeping. Further, the scale of operations is a relevant factor, because it might not make sense to have every tiny microtransaction recorded on a public blockchain. In...

Why we need the blockchain

The blockchain can be used for just about anything you can imagine: tracking packages all around the world in real time, creating copyright claims, fighting online piracy, and bringing an end to counterfeit products. The blockchain has become well known for its financial capabilities in...

Blockchain and the insurance industry

The insurance industry seems to be uniquely positioned to benefit from blockchain technology. Blockchain can address the competitive challenges many incumbents face, including poor customer engagement, limited growth in mature markets, and the trends of digitization. Not only does blockchain offer the promise of cost reduction...

Blockchain to save lives and stop counterfeit drugs

Blockchain technology has also the potential to transform the pharmaceutical industry. These distributed transaction records can offer logistical and safety advantages for the patient in the of the pharmaceutical supply chain management. One of the most promising benefits of blockchain from a patient safety perspective is...

Blockchain versus other digital certificates

In a previous note we compared the advantages of using blockchain certificates versus those issued on paper. The use of digital certificates, in general, also have advantages over paper: They need fewer resources for their issuance and maintenance. They can be revoked by the issuing...

Paper or blockchain certificates?

The most widespread system for the accreditation of academic competences is the issuing of certificates in paper format. They usually have specific security measures that seek to hinder their potential falsification. In addition, special care is taken to ensure that the delivery of the certificate...

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