Supply Chain – Use of Blockchain UN/CEFACT Blockchain Mini-Conference Supply Chain – Use of Blockchain Presented by Edmund Gray Coordinator UN/CEFACT Supply Chain Management and Procurement Domain 4th October 2017 Rome Forum

Supply Chain Use Cases early news involve transaction based banking services only in more recent news, use cases have Supply Chain scenarios based on trade facilitation-related proof-of-concept (POC) pilots One use case involves Maersk and IBM who are working on a hybrid solution for both privacy and transparency

Trade facilitation a key enabler of an efficient Supply Chain is trade facilitation. This is exemplified by single-window concepts Typically this includes shippers, freight forwarders, ocean carriers and ports Information from these sources is captured and made available. Data is only recorded once Processes are harmonised This should be best practice for Blockchain initiatives

Trade facilitation and Blockchain Many of the functions of Cross Border Trade exist in separate systems. However they can be combined on a distributed ledger such as is blockchain Extending on both banking services and Single Window concepts. This would, in effect, link the financial with the physical supply chain in the most efficient manner. Providing the potential for added value services to further facilitate trade

Business areas impacted Based on use cases provided; the following are key areas where supply chain initiatives could be further enhanced by use of blockchain solutions; Collection devices e.g. IoT Data Sharing - distributed Disputes management – immutable transactions Onboarding – large communities can be involved

Conclusions Many experts see blockchain as being over hyped However once it matures, it can provide disruptive technologies. that should bring down costs and make processes more effective.