IBM: blockchain is not a panacea. The technology applied to supply chain is mature

Time:2021-1-12

IBM: blockchain is not a panacea. The technology applied to supply chain is mature

Technical editor: Wang Zhizhi
SegmentFault has he reported the official account number: SegmentFault


The global spread of the new crown epidemic highlights the weak links in the global supply chain, and many governments have formulated corresponding isolation strategies, which also leads people in many regions to panic purchase and hoard sanitary paper, hand sanitizer, rice, flour, grain and oil and other living materials.

For this phenomenon, IBM believes that this is a typical case, most of the supply chain enterprises and manufacturers are passively dealing with the problems caused by the current epidemic. But in fact, the relevant supply chain should take this as an opportunity to improve the adaptability as soon as possible and take practical actions, such as with the help of blockchain technology.

“We’re not saying that blockchain can solve everything. You can’t just install the blockchain and suddenly miraculously solve the supply chain problem. “Said Rupert Colchester, head of IBM’s blockchain in Australia and New Zealand. “If you can go back a year or two and take some time to improve some major supply chains, including cross-border, cross continent and bulk product supply chains, you may see that the current situation of global supply chains will be different. “

Colchester said that the demand for certain items has surged rapidly, which is unexpected. How to best deal with it is a matter that people are studying at present. “Blockchain will not miraculously solve this problem, but what it can do is to provide transparency, so that end consumers or end customers of goods can see the storage of materials from the perspective of supply.”

According to IBM, consumers are increasingly demanding transparency and sustainability of the entire supply chain. Blockchain is only one of the promoters of business transformation. When it is used together with Internet of things or sensor technology, 5g, artificial intelligence and machine learning, robot and automation, the value of blockchain can be best realized.

IBM: blockchain is not a panacea. The technology applied to supply chain is mature