The introduction of blockchain technology is revolutionizing business by allowing two or more parties to trust a ledger of records. While this technology is beneficial in many business areas, it is particularly useful when it comes to supply chain management. Before describing the benefits, we should first define what the blockchain is and is not. It is a distributed ledger of data. That data is a specific record, a block, which is linked to the next block. The links to the next block are cryptographically secure to ensure the integrity of the entire list of records, the chain. The blockchain, […]