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Is Blockchain in the Supply Chain Overhyped?

From increasing conflict minerals traceability to monitoring supply chain disruptions or late delivery of shipments, the benefits of blockchain in the supply chain seem clear.

According to Craig Wentworth, Principal Analyst at MWD Advisors, although blockchain in the supply chain has proven benefits, such as increasing quality decision making surrounding food and product safety while reducing costs, we still have a long way to go before unlocking its full capabilities.

In the video below, hear from Craig as he talks about current trends in the supply chain, how blockchain is still in the proof of concept phase, and why the term ‘blockchain’ might be overhyped.

 

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