Blockchain’s role in the supply chain of the future

2020 was a whirlwind year for everyone. Despite all of the upheaval, blockchain has continued to make some truly fundamental changes to supply chain management and trade. Businesses are embracing emerging technologies such as AI, ML, Big Data, etc. The supply chain industry has followed suit and implemented automation in processes and operations. By incorporating artificial intelligence, the processes have become more efficient, advantageous, and dependable.

Accepting artificial intelligence has simply facilitated the creation of more productive, valuable and dependable cycles. With technological advancement and usage of tech like internet of things helps to increase visibility, enhance customer loyalty and trust by maintaining a transparent supply chain network.