As part of our feature on serialisation, Joseph L Lipari, director, Cloud Implementation Services, Systech International, reveals the importance of blockchain in closing the supply chain trust gap.
Blockchain
Will we look back at this period as the time when blockchain revolutionised the way not only businesses, but consumers transacted with each other? Experts agree that there exists a fundamental gap in the supply chain today. That gap is trust. Manufacturers, distributors, importers, exporters, logistics providers, health systems and many other trade partners have had their sights set on compliance as deadlines rapidly approach. I would argue that as regulations come online, the need for a secure, interoperable system becomes all the more critical.