Have you heard about blockchain? It is a new technology being used to drive corporate transparency in many different industry sectors across the globe. At its core, blockchain is a ledger technology that allows multiple parties to have copies of all transactions, which can easily be verified to minimize risks. In this webcast, you will explore three supply chain interactions and see how blockchain can be implemented to reduce errors, increase auditability and drive collaboration. The three interactions include: physical goods from producer to retailer, ethical sourcing, digital products and vendor relationships for royalty payments. Through these use cases, you will learn about blockchain implementation, considerations for implementation and success and failure factors. You will also spend time discussing privacy and security and their associated regulations. See the relationship between blockchain and other emerging technologies such as machine learning in building a transparent movement of products from producer to consumer.
DESIGNED FOR
Business professionals looking to understand more about how blockchain technology can be implemented in various supply chains
Accounting and finance professionals seeking more information on blockchain
Business decision makers looking to run blockchain projects
BENEFITS
Identify the steps for developing a business case for using blockchain technology to track the provenance, movement and ownership of assets.
-Determine whether the use of blockchain technology to register and track digital products is appropriate and aligns to the recommended implementation strategy.
-Analyze a given use case involving the use of blockchain technology to determine its impact on the accounting manager.
HIGHLIGHTS
Blockchain overview
-Blockchain public and private networks in regard to physical supply chain automation, digital goods and vendor management
-The role smart contracts play in supply chain blockchain networks
-How to determine the appropriateness of blockchain to a solution
-Regulatory issues that impact blockchain implementations
-Impact of social responsibility in the supply chain
COURSE LEVEL
Basic
PREREQUISITES
none