Study of the Functional and Economic Feasibility of the Application of Blockchain in a Food Sector Company's Supply Chain
Author | : Fabio Facchini Amondarain |
Publisher | : |
Total Pages | : |
Release | : 2019 |
ISBN-10 | : OCLC:1224067508 |
ISBN-13 | : |
Rating | : 4/5 (08 Downloads) |
Download or read book Study of the Functional and Economic Feasibility of the Application of Blockchain in a Food Sector Company's Supply Chain written by Fabio Facchini Amondarain and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Blockchain implementation into a seafood company Today supply chains are facing the complexities of a globalized ecosystem where multitude of actors are involved. In general, companies do not know enough about the products they buy and sell as they lack from an end-to-end system for traceability. Blockchain can be the game changer to equip companies with a seamless traceable system in order to cross borders of their own organisation and track products from the upstream to the downstream of the supply chain.When implemented effectively, it connectsand enables efficiency, transparency and accountability among participating actors which tend to be disconnectedand lacking from trusted relationships. This project consist in the development of an end-to-end model particularised for the food industrywith traceability as the cornerstone. It has been developed a business case over a seafood company with the intention to serve as a prototype model to be exported and implemented in other companies of the industry. The report starts analysing the maturity level of blockchain and examining platforms and networks where it can be implemented by breaking down strengths and weaknesses of each. It concludes with a feasibility study of the developed solutiontaking into account economic, technical and scheduling considerations.