I am lining up the key characteristics/enablers that I believe make blockchain valuable to supply chain and trade. Next step will be to map these characteristics/enablers with supply chain and trade processes to appreciate whether blockchain-based solutions are the right fit.

Perhaps you may want to comment/ amend/ add?

These are the characteristics/enablers:

  • Notarization
  • Title transfer
  • Chain of possession
  • Smart contracts
  • Irrevocability
  • Ownership and uniqueness of separately held documents (e.g., documents associated with an LC)
  • History if transactions/ time-stamping

Hope to hear soon from those of you who want to keep the conversation ongoing.