Question.5113 - W5: Blockchain Technology and Supply ChainsPrompt: Research and assess blockchain technology and its applicability to supply chain management. Consider how the blockchain technology can be used and offer a supportive argument for its adoption by a company. Justify your position with an explanation of how blockchain will be able to reduce supply chain costs and complexity. In addition to reading your assigned resources for week 5, research online definitions for blockchain.
Answer Below:
Class xxxxxxxxxx technology xxxxxxxx a xxxxx way xx enhance xxxxxxxxxxxx efficiency xxx security xx supply xxxxx management xxxxxxxxxxx blockchain xx a xxxxxxxxxxxxx digital xxxxxx that xxxx transactions xxxxxx various xxxxx which xxxxx maintain xxxx integrity xxx prevents xxxxxxxxxxxx This xxxxxxx makes xx particularly xxxxxx for xxxxxx chains xxxxx establishing xxxxxxxxxxxx and xxxxx can xx difficult xxx of xxx key xxxxxxxxxx of xxxxxxxxxx in xxxxxx chains xx the xxxxxxxx visibility xxx traceability xx provides xxxx transaction xxxx the xxxxxxxx of xxxxxxxx changes xx ownership xx quality xxxxxxxxxxx is xxxxxxxxxx in xxxx time xxxxxxxx a xxxxxx unchangeable xxxxxx of xxxxx This xxxxxxxxx the xxxx for xxxxxx checks xxxxxx the xxxx of xxxxx and xxxxxx companies xx swiftly xxxxxx problems xxxx as xxxxxxx or xxxxxxxxxxx items xxxx a xxxx and xxxxxxxxxx standpoint xxxxxxxxxx simplifies xxxxxxxxx by xxxxxxxxxx the xxxx for xxxxxxxxx and xxxxxxxxx Smart xxxxxxxxx can xxxx care xx tasks xxxx payments xxx compliance xxxxxx automatically xxxxxxxx administrative xxxxxxx and xxxxxxxx up xxxxxxxxxxx times xxxx increased xxxxxxxxxx results xx lower xxxxxxxxxxx costs xxx better xxxxxxxxxxxxx with xxxxxxxxx Considering xxx potential xx foster xxxxx guarantee xxxx accuracy xxx cut xxxx on xxxxxxxxxxxxxx companies xxxxxxx to xxxxxxxxx their xxxxxx chains xxxxxx seriously xxxxx about xxxxxxxx blockchain xxxx obstacles xx you xxxxx might xxxxx when xxxxxx to xxxxxxxxx blockchain xxxx existing xxxxxx chain xxxxxxxMore Articles From Management Information System