• BMW accelerating blockchain use

    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.

  • Uncategorized

    Gartner Survey: 90% of blockchain-based supply chain projects are in trouble

    The lack of well-identified use cases is causing “blockchain fatigue” to set in; caution urged for early adopters

    Ninety percent of blockchain-based supply chain projects are faltering because they cannot figure out important uses for the technology, research firm Gartner said on May 7.

  • Bitcoin
    Distributed Leisure

    Finance types discuss blockchain’s threat to intermediaries

    At Propelify, panelists talk blockchain’s transformation of supply chain management, payments and settlements, and international trade finance

    [Modern Consensus columnist Michael Hillmeyer checked out the blockchain and cryptocurrency panels at the Propelify tech and music conference in Hoboken. Below is his review of the third panel (“Is Blockchain the Answer to Big Data Problems AND Does Blockchain Create Existential Threats to Intermediaries?”). Also check out his review of the first panel ( “Diversity in the Blockchain Industry and Why It’s Important to Get It Right Now”) and the second panel (“Is Crypto the Future of Money?”)]   Fortunately for us, the third panel we attended was at the north or main stage (“Stage of Wisdom”), right next to where we were snacking. This discussion had by far…