1. BLOCKCHAIN
SUPPLY CHAIN DISRUPTIONS

2. What is a blockchain?
A digital ledger or recordkeeping device – that tracks and records all transactions in a network.
The transactions are collected in blocks, which are found approximately every ten minutes in a random process called mining.
The initial block in a transaction chain on a blockchain is called the ‘genesis block’ (numbered 0 or 1). The individual blocks are connected to each other with the help of code snippets called ‘hashes’.
No change

3. No change

4. Authentication/Provenance Reduced Transaction Costs
Why Blockchain?
Transparency
Immutability
Authentication/Provenance
Reduced Transaction Costs
No change

5. Current State of Supply Chain Management
$54T Supply chains manage in global commerce
$150MM Yearly Losses in theft from shipping industry
$3.9T tied up in net working capital in supply chains
42 Days before payment is remitted for invoices
Immutability
Authentication/Provenance
Reduced Transaction Costs
No change

6. Smart Contracts and Supply Chain
Needs revision

7. How It Works
Needs revision

8. Industry Use Cases Food Safety:
IBM, Walmart, Kroger, Dole, McCormick & Company, Golden State Foods, Driscoll’s Inc, McLane Co.
Cargill created a distributed ledger for key stakeholders in the supply chain to track Honeysuckle White brand turkey from family farm to table with a blockchain-based solution
Mining: BHP Biliton will use blockchain to record movements of wellbore rock and fluid samples and better secure the real-time data that is generated during delivery
Sweetbridge (AZ): Aims to unlock asset liquidity by creating an economy based on its digital tokens, Bridgecoin and Sweetcoin
IBM and Maersk: Announced a joint venture to deploy a blockchain-based electronic shipping system that will digitize supply chains and track international cargo in real time
No change

9. Things to Consider
Traceability: What is the traceability need? Who needs access to these data?
Digital vs Physical Assets: Does the physical asset need to be linked to its digital representation on the blockchain?
Stakeholders: How many manufacturing or supply chain layers are involved in the process? Does your SCM process require a central agency of trust?
Legality: Are smart contracts legal binding in jurisdictions captured in supply chain network?
No change