Writing in the journal Sustainability, Lewis A. Njualem from California State University in San Bernadino, California, has explored the application of blockchain technology for improving supply chain sustainability.
Study: Leveraging Blockchain Technology in Supply Chain Sustainability: A Provenance Perspective. Image Credit: elenabsl/Shutterstock.com
What is the Blockchain?
Blockchain is an emergent, disruptive technology. Whilst significant focus has been placed on its use for cryptocurrencies in the media in recent years, blockchain technology has multiple potential benefits for many industries.
Blockchain technology uses a distributed, decentralized database or ledger to store information digitally. The main benefit of blockchain technology is guaranteeing security and fidelity of data, generating trust without the need for a third party. Data is stored in chronological blocks, which are chains of data groups that, when full, are linked to other blocks. This forms a chain of...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...