Blockchain for digital supply chains

As our business frameworks and structures have moved to become predominantly data-driven digital entities, a new electronic backbone of partners, suppliers and industry associates has crystallized and become the new substrate for all operational functions. That new foundational fabric has a name; we call it the digital supply chain.

Composed of a logically aligned collection of people, processes, products and places, the digital supply chain also includes new Artificial Intelligence (AI) functions for predictive intelligence and a number of virtual ‘employees’ in the form of digital twins. Where we used to define digital twins solely in the context of machines in the Internet of Things (IoT), we can now also establish digital versions of human workflow procedures, entire teams, complete departments and whole companies.