What are the benefits of blockchain+supply chain in industry applications?

Application prospect of blockchain in the field of Internet of Things and logistics Blockchain can also be naturally combined in the field of Internet of Things and logistics. Through blockchain, logistics costs can be reduced, the production and delivery process of goods can be traced back, and the efficiency of supply chain management can be improved. This field is considered as a promising application direction of blockchain.

Skuchain has created a new supply chain solution based on blockchain, which realizes the synchronization of commodity flow and capital flow, while alleviating the problem of counterfeit goods. Exploration, a blockchain startup based in London, provides supply chain traceability services for enterprises. By recording the whole process information in the retail supply chain on the blockchain, information such as product materials, raw materials, product sources and history can be retrieved and tracked, and the transparency and authenticity of information in the supply chain can be improved. Slock.it, a German startup, made a smart lock based on blockchain technology, connected the lock to the Internet, and controlled it through smart contracts on the blockchain. Simply transfer money to the smart contract account through the blockchain network to open the smart lock. When used in a hotel, guests can easily open the door, which is a real economy!

Not only supply chain management, but also financial field, intelligent manufacturing, culture and entertainment, financial services, medical health, IP copyright, education, economic enjoyment, communication, social management, charity, social employment and e-government.

At present, both the domestic Internet and IT are involved in the blockchain industry, and have begun to develop or launch a series of solutions for basic application cases. Under the current development trend, it is one of the most representative blockchain application directions to integrate blockchain technology into smart life, Internet of Things and other fields, integrate massive physical business application scenarios, carry out blockchain+physical industry projects, and realize physical transformation and upgrading of physical industries.