The British Standards Institution (BSI) entered into a strategic partnership with OriginTrail, the blockchain start-up to use distributed notebook technology (DLT) in the field of supply chain management to create greater transparency and confidence.
Supply chain management in the 21st century is now demanding greater confidence and efficiency, as global supply chain networks are more interconnected than ever before.
Considering the need to develop more confidence with customers, BSI will work with OriginTrail to develop blockblock solutions to help reduce common misconducts across supply chain channels such as counterfeiting, smuggling and illegal trade. These solutions Buto confirm the accuracy of the integrity of the goods and / or digital records or services.”To be used.
The partnership includes BSI's technology capability with OriginTrail, as well as its expertise in certification, evaluation and compliance.
Tomaž Levak, co-founder and CEO of OriginTrail, shared his thoughts on the new partnership and expressed his appreciation for the BSI's initiative to utilize block chain technology in the supply chain field.
He added that the company is looking forward to developing the latest blockblock solutions for BSI customers and moving them towards the fourth industrial revolution.
BSI CEO Howard Kerr also shared similar thoughts:
Maktad This strategic partnership aims to provide our customers with the ability to demonstrate the authenticity of their conformity through the digital records of the evaluations and certificates they receive from BSI. Consumers and business partners can easily verify the appropriateness of the goods and / or services they purchase. "
Recently, there have been debates on the use of blockchain technology in various industries. Many of these arguments suggested that the blockchain was unnecessary for many industries.
However, the stability of distributed notebook technology makes it one of the best tools for securing the global supply chain industry where widespread corruption is encountered.
Source: Btcmanag is