Daitan invites you to read the latest from our Innovation Group’s, Marcelo Russi Mergulhão, discussing how blockchain can be applied in Supply Chain Management for the automotive industry.
Even after a bad year for cryptocurrencies, blockchain technology seems as disruptive as ever and continues to attract a lot of attention from many different markets. We chose to dig a little deeper on the usage for product provenance (supply chain) because its characteristics seem to match very well.
One of the main problems regarding supply chains is to keep accurate records of the transactions in a transparent way, avoiding foul play between parties and also guaranteeing mechanisms for external audits.
Applying blockchains here seems natural: we get the required transparent transaction records with guarantees of the origin, plus a “distributed storage” that gives robustness for data loss.
But is it easy to develop a simple system and validate that we really get what we expect? That is what we intend to show in our article, “A Car Manufacturing Supply Chain System Using Ethereum”.
Check it out and let us know what you think!”
