The disruption of supply chains worldwide by coronavirus shows blockchain is needed as a tool of trade, according to the World Economic Forum.
BMW accelerating blockchain use after successful supply chain pilot
The German carmaker is aiming to ensure raw materials and components are fully traceable in its ‘highly complex’ international supply chain
Last year’s initial trial saw BMW Group successfully purchase front lights, and the company now wants to expand the project to a broader range of participants. Ten suppliers are going to take part over the coming year, the company said.