Blockchain Technology: What To Expect In 2020?
One of the most demanding sectors for blockchain technology would be the global supply chain industry. Christian Di Giorgio, the head of DLT at Inacta AG, a Swiss company specializing in blockchain solutions, had a good example during his speech at the recent Crypto Valley Summit in Davos:
So basically, tracking physical goods in real-time, being able to authenticate them, and knowing their history from issue to shelf is exactly what’s missing from the supply chain business and blockchain is here to change all of that with one single addition to the recipe.
There are now startups popping out to the broader market offering blockchain solutions specifically tailored for the supply chain industry, and they have nothing to do with cryptos, CoinMarketCap, or cryptocurrency exchanges. Of course, tech giants such as IBM, R3, Microsoft, and Amazon have already tapped in the scene and while startups are trying to close their first deal, these companies have already ready-to-use blockchain solutions for the supply chain industry, and already being utilized by the likes of Walmart, Maersk, and Deutsche Telekom.
