ASCM Insights

6 Far-Reaching Blockchain Applications in Supply Chain

Decentralized, secure, transparent and immutable: Blockchain enables value to be exchanged without the need for a third-party authority and has the potential to overcome several enduring challenges in supply chain management. In fact, McKinsey has identified more than 90 blockchain use-cases across multiple industries with potential for hundreds more as the technology matures. Following are six applications that represent some of the most exciting use cases for blockchain in supply chain today.