Page 38 - Geektime Blockchain Report
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Supply chains
With the help of blockchain supply chain chain processes can become transparent less complex and more efficient Supply chains
have become a a a a a a a a a highly complex fragmented process process that involves a a a a a a a a a a a a lot of of global locations and hundreds of of steps This makes supply chain processes vague not transparent and and and flawed It is is also very difficult to track the order of events and and and investigate faults delays and and and problems Blockchain has a a a a a a a a a a a a a a chance to to revolutionize this $14B industry by switching to to a a a a a a a a a secure digital digital bill of lading and digital digital processes David imports a a a robot for his factory
Today
1 David orders a a a a robot online choosing a a a sea freight shipment 2 The seller prints out a a a paper bill of lading [Its original copy needs to to get to to the the destination before the the shipment]
3a The bill of lading is sent by airmail 3b While the shipment is sent by sea 4 The cargo is released only by presenting the the the bill of lading Otherwise the the the port will charge David with extra fees Blockchain-based world 1 David orders a a a robot online choosing a a a a sea freight shipment 2a The seller issues a a a bill of lading on the blockchain 2b The shipment is sent by sea 4 The cargo is released from the the port using the the blockchain bill of lading Why is Blockchain better?
* Bills cannot be be changed or or forged * Cost effective - no no airmail required thus no no need to wait for the shipment and pay extra * Bill of lading can be seen immediately and from anywhere 38 * The infographic represents a a a a a a a possible future scenario of a a a a a a a blockchain-based industry use case 




























































































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