Blockchain – Challenges

While Blockchain is not necessarily the solution for every company and every problem, it still remains underutilized for many use cases. During the 2019 Blockchain Congress Geneva, Toufi Saliba ( 2019) presented that less than 0.2% Global Adoption Over 99.8% are still excluded, and he listed five problems related to the necessary Security, Efficiency, Confidentially Scalability and Interoperability. He explains further that ledger-based Blockchains fall short in providing true decentralization of power resulting in network forks or increased risks of 51% attacks”. Size of the network is vital, because if…

Blockchain for Supply Chains

Supply chain use cases for Blockchain apply from the origin of monitoring and verification of manufacturing or production, Inventory management & asset tracking, vendor payments to regulatory audit & security functions and its application to the food, pharmaceuticals, automobile and several other industries.  In today’s world, supply chain involves large networks of disparate partners that need to manage through complexity of diverse digital distribution models and global networks. The Blockchain technology is ideally suited for establishing a shared, immutable record of all the transactions that take place within a network,…