{"id":25058,"title":"Will Blockchain Disrupt Supply-Chains and Logistics ?","link":"https:\/\/bst-europe.eu\/de\/globalization\/blockchain-supply-chain\/","date":"22. Januar 2020","date_unix":1579696141,"date_modified_unix":1644496207,"date_iso":"2020-01-22T12:29:01+00:00","content":"
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@Launchpresso from pexels.com<\/figcaption><\/figure>\n

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Blockchain<\/strong> is more than the technology behind Bitcoin<\/strong> and other cryptocurrencies. Beyond financial services, blockchain technology promises far-reaching applications in other business fields such as logistics and supply-chains. But a suitable policy framework is required.\u00a0 <\/u><\/em><\/p>\n

The media hype about blockchain probably peaked at the same time the price for a bitcoin reached its highest level. During this time, we also had a blogpost<\/a> about the potential of blockchain technology for international trade. Though general media attention on this issue consolidated after 2017-2018, blockchain as the technology behind bitcoin is a growing focus of expert audiences, companies, and politicians.<\/p>\n

Estimates on its potential market value vary a lot, on the high level at billions of dollars and experts and the media all expect sharp increases for the next years. According to Gartner\u2019s<\/a>, blockchain is already far away from the hype cycle and on its way to the plateau of productivity. One sign that this is truly the case is the announcement of the cryptocurrency Libra<\/strong> which is planned to be launched in 2020 by Facebook and other major companies.<\/p>\n

The concept \u2013 Shortly some basics<\/h2>\n

Without going into the blockchain concept extensively (the internet is full of marvelous explanations) in a nutshell, five overlapping statements describe the blockchain technology:<\/p>\n