What is Blockchain? How blockchain technology can be used to make supply chains more ethical and transparent

Unless you’ve been living in a cave these past couple of years, there’s every chance you will have stumbled upon the term blockchain.

And, unless you’ve dabbled in the world of bitcoin currencies, there’s every chance you won’t really have had much of a clue as to what it is or what it does – let alone how the technology could be used to create better, more sustainable supply chains for the products we know and love.

So, here goes. A blockchain is essentially a spreadsheet, or a ledger, of recorded information. Which sounds pretty dull, right? Wrong. And here’s why.

 

 

https://www.virgin.com/virgin-unite/how-blockchain-technology-can-be-used-make-supply-chains-more-ethical-and-transparent

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