Supply chain visibility is essential to modern success, but according to Supply Chain Dive, as few as 6% of companies have achieved full supply chain visibility. The problems existing within supply chain visibility go back to issues with tracking shipments after shipping to consumers. At the same time, supply chain visibility and transparency rank as
There are several different parties involved in securing that diamond that you’re wearing on your finger. And over the years, diamonds have become the most sought-after and expensive stone there is. According to Petragems, inflation brings their value up approximately 4% each year, with an overall 33% increase in value over the past ten years.
You may have noticed a few prominent private blockchains popping up here and there. The problem with these private blockchains is, at their core, they are not truly decentralized. By joining a private chain, you do not get all of the benefits that blockchain promises. In fact, you could argue that your data is even
We are living in the Digital Age, and that means that the world’s most valuable resources are digital as well. Today’s hottest commodity is data. Nowadays, how you study, manage, and protect your data can make or break you. Read on for an analysis as to why data is so valuable and how you can
The past few years have been big for blockchain. But many people still don’t understand what blockchain is or how it works. Some companies are even hopping on the “blockchain bandwagon” without considering whether it's actually useful in their industry. And according to Ethereum co-founder Vitalik Buterin, misapplying the technology in this way is a
Ah, globalization. One of the great buzzwords of the 21st century. Although we see the term brought up less frequently nowadays, globalization is still very much an ever-present phenomenon, and it has profound implications for international supply chain management. So what exactly is globalization? In simplest terms, globalization is the process by which organizations gain
New partnership will track temperature-sensitive shipments using energy-efficient NFC smart tags LOS ANGELES CALIFORNIA July 17, 2019 - Blockchain-based logistics ShipChain and GTX Corp (OTCQB: GTXO), a global tech leader offering a suite of GPS and NFC tracking location-based services, today announced a new partnership for a new global NFC blockchain shipment tracking solution. Under
“Retail is dying,” or so they say. But that certainly isn’t the case; rather, retail is changing. The way that we shop today is drastically different than it was ten years ago, and the same will probably be said in another ten years. That is just the world we live in, thanks to technological innovation.
The 4th of July is one of the most revered and cherished holidays in the United States, and rightfully so! Those celebrating take part in grand and patriotic celebrations, usually involving barbeques, apple pie, red, white, and blue, and of course, fireworks. Ellen Chang from TheStreet estimated that approximately 219 million Americans partook in 4th
Understanding the future of the digital supply chain is essential to success. We must embrace the possibilities of Big Data, the Internet of things, blockchain technology, predictive analytics, and the growing unrest that these things bring to the industry. Let’s take a closer look at how these technologies will affect the future of supply chain