Q: What are the sectors that can benefit by implementing Blockchain in their SCM?
A: Blockchain is on the verge of revolutionizing the supply chain operating model with enhanced efficiency, transparency, and trust. Its effect spans across different industries, from Freight and Logistics to Industrial and Consumer Goods as well as Life Sciences. More advanced use cases are in play, e.g. peer-to-peer marketplaces supporting automated payments and smart contracting.
Q: How Blockchain as technology can disrupt these sectors? And why Accenture stands out from the rest?
A: Beyond cryptocurrencies, blockchain will supercharge AI and IoT to make everything from supply chains to digital identity management smarter and more secure. It allows enterprises to close down the “Hall of Mirrors”, by simply moving from multiple channels to a single system.
ACCENTURE is the leading global professional services firm, amongst those with the highest use cases of blockchain solutions implementation. Accenture’s blockchain consortium with comprise of leading logistic companies is one of the most recognized with promising technologies in logistics.