Why is blockchain use in the supply chain important? Blockchain is a distributed ledger technology that allows multiple parties around the globe to quickly access and verify immutable copies of transactions, effectively minimizing risk throughout the supply chain. Blockchain and other emerging technologies, such as machine learning, are transforming supply chains by creating a transparent movement of products from producer to consumer. Gain practical knowledge through detailed use cases. The use cases include physical goods from producer to retailer, digital products, vendor relationships for royalty payments, and real estate. Through these use cases, you will learn about the value blockchain provides to the supply chain, technology considerations, and factors in success and failure.
Blockchain overview. The relationship between public and private blockchain networks and physical supply chain automation, digital goods, and vendor management. The role of smart contracts in supply chain blockchain networks.
Business professionals looking to understand more about how blockchain technology can be implemented in various supply chains. Accounting and finance professionals seeking more information on blockchain. Business decision makers looking to run blockchain projects.
Develop a business case for using blockchain technology to track the movement of goods through a supply chain. Determine the use of blockchain technology to create and track digital products based on business strategy. Analyze use cases involving blockchain technology to determine its impact on the accounting manager.
- Ron Quaranta
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