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.
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