How blockchain technology can help in real-world supply chain management

Supply chain professionals can use blockchain technology to gather and use tracking data in new ways. Blockchain technology will soon find application in real-world supply chain management. Supply chain professionals can use blockchain technology to gather and use tracking data in dynamic new ways. Current blockchain solutions for supply chain management Factom, IBM and Skuchain are early movers in the application of blockchain technology to supply chain management. Helping Sellers, Intermediaries, and Consumers The application of blockchain technology to supply chain management could reduce errors, delays, and fraud, improve inventory management, and identify and resolve issues faster.