Blockchain and Wearables Integration: A New Approach for Supply Chain Management
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Authors
Yildiz, Burcu Dicle
Sanchez, Hernan
Motla, Raj
Issue Date
2019-03-29
Type
Other
Language
en_US
Keywords
Blockchain , Supply chain management , Wearable device
Alternative Title
Abstract
Today, manufacturing companies are forced to find smart ways to increase efficiency and reduce costs in their supply chain because of the ever increasing competition. There are many players in a supply chain and managing vast amounts of transactions in the supply network is a tedious and costly activity. Visibility, trust, timeliness, quality, and traceability are all important aspects that need to be closely monitored and continuously improved. Innovative approaches to enable a seamless information flow throughout the chain is of great importance. The newly emerging blockchain technology is a strong candidate in answering some of these challenges. MIB LLC is a technology company idea focused on blockchain technology applied to the manufacturing and logistics industry. Our goal as a start-up is to support companies in their supply chain management activities with our cutting-edge, secure, efficient blockchain system idea that can be implemented on any wearable device. We will create value for our customers by bringing visibility, speed, traceability and trust into their supply chains.