Supply chain index note

Posted by admin at 2:13 PM on Aug 10, 2018

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The supply chain index consists of the below coins:

VEN

TRAC

TFD

SHIP

WABI

MOD

WTC

CXO

AMB

MORPH

 

 

Why a supply chain index?

-      Supply chain and logistics is the first thing blockchain technology will disrupt. The earliest blockchain projects that will develop and make money are in supply chain, shipping, manufacturing, logistics. Tracking provenance and transactions immutably is well embraced by supply chain.

-     Compared to other applications of blockchain, the supply chain application for immutable provenance is "low-hanging fruit" to prove the utility of blockchain, which can set off the rest of the crypto industry, as blockchain will prove itself to be an efficient, money-saving solution to huge expenses and problems in current supply chains and other industries (for example, remittances in financial services.

-      Alliances to create better networks in supply chain are already formed, well ahead of blockchain tech, because they were already looking for solutions to disrupt this sector. Blockchain came along as the solution after these alliances had already formed. This means, everyone in supply chain is already on the same page about what needs to happen in the industry as a whole. Blockchain is welcomed with open arms. Supply chain is eager for disruptive solutions.

o  Blockchain in Transport Alliance

o  Alastria Consortium