From the course: Building an Ethereum Blockchain App: 7 Smart Contracts

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Supply chain challenges and blockchain solutions

Supply chain challenges and blockchain solutions - Ethereum Tutorial

From the course: Building an Ethereum Blockchain App: 7 Smart Contracts

Supply chain challenges and blockchain solutions

- Let's take a look at some classic issues or challenges, with most supply chain implementations. Supply chain by itself, typically involves many organizations or at least several organizations. So the coordination of activity and data, is always going to pose challenges. First and foremost is the lack of transparency. Whenever you have multiple organizations transferring goods and it changing data, you can't always see the data from other organizations. Most organizations let's say the warehouse, which is right in the middle of the supply chain, probably has their own siloed data system. They may can take input from both sides and produce output, but their data is hidden somewhere inside their own databases. And most people can't just look into another company's databases and find the data they need. So the data is not very transparent. Only parts of the data will be released, based on what that organization is willing…

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