Supply Chain Innovation

Supply chains are on the eve of a revolutionary change fuelled by advances in Contract Theory, a branch of theoretical economics, and the adoption of blockchain technologies.

The economist write in its publication rebooting supply chains -

The rules of global trade are shifting and companies will need to make sure their supply chains have the agility and resourcefulness to deal with potential challenges and disruptions that may lie ahead. Questions remain about whether the pace of globalisation will slow considerably, shift its direction or possibly reverse.

As economists have worked out now that transparency is the key to solving contract theory problems, we have a solution to the well known bullwhip effect by implementing contract theory onto blockchains.

Zillerium is a project doing exactly that.