Does Blockchain hold the key to a new age in Supply Chain transparency and trust?

New report on Blockchain reveals how organizations are starting to make the promise real

The benefits of Blockchain are there for all to see: it’s an immutable, decentralized, trustless and peer-to-peer ledger offering giant leaps forward in security, visibility, and traceability for digital transactions. And the advantages for the supply chains of organizations are tantalizing:

  • Blockchain dramatically increases transparency and responsiveness, previously difficult and very expensive.
  • It helps the end-consumer definitively identify if a product is manufactured by a given brand, ensuring authenticity and reducing counterfeits.
  • It helps an organization quickly trace contamination to its source and mitigate against costly and a potentially reputation-damaging mass recall of products.

However, the new report from the Capgemini Research Institute, ‘Does Blockchain hold the key to a new age in Supply Chain transparency and trust?’ reveals that just 3% of organizations are implementing Blockchain use cases on a large scale. The report examines precisely why this is so, identifies pace-setters already adopting initiatives and outlines critical recommendations for future Blockchain strategy.

Blockchain’s value will grow as more players become part of the network. But before companies invest, they need to analyze all the available data to ensure ROI. Is it time to time to get onboard as the hype turns into reality?

To receive an advance copy of new reports from the Capgemini Research Institute

Digital - Blockchain in...

File size: 2.90 MB File type: PDF

Infographic – Blockchain...

File size: 955.65 KB File type: PDF

Soundbites

“Blockchain technology enables a new era of end-to-end transparency in the global food system. It allows all participants to share information rapidly and with confidence across a strong trusted network. This is critical to ensuring that the global food system remains safe for all.”

Frank Yiannas, Vice President, Food Safety at Walmart

“This research confirms that sustainability isn’t a nice-to-have for businesses. In fact, it has become an imperative […] they must act quickly to prove their social and environmental credentials and show consumers they can be trusted with the future of the planet and communities, as well as their own bottom lines.”

Keith Weed, Unilever’s Chief Marketing and Communications Officer

“By using the Chained Finance platform, every payment, every supply chain transaction can be more transparent, manageable and easily authenticated. Chained Finance will provide timely, efficient support to far more suppliers of all sizes. It will also help ensure the timely delivery of products to end customers and improve efficiencies across the entire supply chain.”

Jack Lee, CEO of FnConn

Key Takeaways

87%

of organizations are at an early experimental / proofs-of-concept stage

10%

of organizations are at an advanced stage of experimentation, with pilots in at least one site

3%

of organizations are deploying blockchain at scale

Meet our Experts

Jerome Buvat

Expert in Digital Transformation & Strategy, Strategy & Transformation

cookies.

By continuing to navigate on this website, you accept the use of cookies.

For more information and to change the setting of cookies on your computer, please read our Privacy Policy.

Close

Close cookie information