Proponents of blockchain for the supply chain talk it up as the miracle technology for ensuring the security and reliability of business transactions. Yet it’s been slow to take hold.
There’s no lack of pilots and initial attempts to apply blockchain, a technology that was first developed as a means of recording transactions of bitcoin, to the supply chain. But full-fledged blockchains, providing an immutable, distributed ledger in the cloud, are few and few between. On this episode, we assess the true progress of the technology for supply-chain transactions, in a conversation with Andrew Stevens, senior director analyst with the Gartner Supply Chain Practice. He’ll tell us where blockchain sits on Gartner’s famous Hype Cycle for technology innovations, as well as its potential advantages and barriers to widescale adoption. His prediction of when the latter will come to fruition might surprise you. Hosted by Bob Bowman, Editor-in-Chief of SupplyChainBrain.
Show notes:
A Gartner press release on the progress of blockchain initiatives.
