Every supply chain is crossed by three types of flows: The flow of goods that move from the supplier to the buyer; the flow of money, that moves the opposite way, from the buyer paying the supplier; and the flow of information that moves both ways to provide trigger points that activate the operations of all supply chain constituents. The flow of information is based on solid, real-time, and reliable data that must be shared in a secure way between trading parties in the complexity of the supply network. On the back of this data, buyers, suppliers, service providers, and financial institutions have all the necessary elements to spot situation of financial distress and take action to ensure smooth and continuous operations.
Technology plays a key role in ensuring secure data transactions and visibility on how their effect impacts the financial position of the nodes in the supply network. Here is where blockchain plays a vital role to fulfil the two main value propositions for supply chain management: secure data sharing and financial impact. The presentation will go through how each of these make a transformational difference to supply chain and why they’re the most scalable thanks to the support of enterprise blockchain-based applications.
101 Blockchains hosts this webinar on True Value of Blockchain in Supply Chain: Data and Finance presented by Rebecca Liao, Co-Founder & COO, Skuchain.
Webinar Discussion Topics:
- Find out what difference blockchain makes to an enterprise’s data tools and financial health.
- Understand why secure and clean data provided by the blockchain is necessary to drive supply chain performance.
- Learn how blockchain is changing the risk profile of supply chain finance, unlocking new opportunities far more lucrative than mere digitization.