{"id":686,"date":"2017-12-06T09:55:04","date_gmt":"2017-12-06T09:55:04","guid":{"rendered":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/industry\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/"},"modified":"2018-10-16T16:02:54","modified_gmt":"2018-10-16T16:02:54","slug":"blockchain-is-shaking-up-the-supply-chain","status":"publish","type":"post","link":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/","title":{"rendered":"Blockchain is shaking up the Supply Chain"},"content":{"rendered":"<p>Blockchain could revolutionize the way business is conducted in several industries, including manufacturing. Companies need tools to support and enable manufacturing processes. Secured data sharing enabled by Blockchain technology can transform the way they are organized, allowing streamlined communications between manufacturers, logistics suppliers and third-parties.<br \/>\nEach link in the value chain depends on correct, real-time information, which in an ideal world is rapidly shared between all parties. As in most supply chains, limitations lie in traditional silo systems which often deters information sharing between departments.<\/p>\n<h2>Tamper-proof digital technology<\/h2>\n<p>Blockchain can record every transaction, production step and sale of a product on a decentralized platform making it immediately available at each step. This type of distributed ledger maintains a permanent record of transactional data. It functions as a database managed by computers belonging to a peer-to-peer network. All copies of the ledger are updated and validated simultaneously, preventing a single point of failure. This leads to smarter supply chains, enabling firms to track the progress of materials and payments as goods travel around the globe.<\/p>\n<h2>How can it support your Supply Chain?<\/h2>\n<p>Supply Chain automation is a huge opportunity associated with blockchain because of the decentralized processes associated with sourcing, manufacturing, shipping and paying for goods.<br \/>\nAccurate data enables companies to maximize efficiencies across their supply chain, boosting profit, speeding delivery and reducing cost for themselves as well as their customers. Benefits to your organization include:<\/p>\n<ul>\n<li><strong>Single source of information<\/strong>: Info about a product is available to all parties in the supply chain<\/li>\n<li><strong>Accurate data throughout network<\/strong>: Avoid sharing docs via email or cloud applications<\/li>\n<li><strong>Data protection<\/strong>: Blockchain cryptography requires anyone accessing data to have correct token<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-135169\" src=\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-content\/uploads\/sites\/23\/2018\/09\/OFC18_FirstLine_Warehouse1_02-1024x682.jpg\" alt=\"OFC18_FirstLine_Warehouse1_02\" width=\"1024\" height=\"682\" \/><\/p>\n<h2>Deciding where to start<\/h2>\n<p>Sometimes, identifying the challenges blockchain might potentially address is a logical starting point. Consider which business network participants are involved, as well as their roles in the project.\u00a0 Map out the network of participants to understand their interlinked roles within the blockchain.<br \/>\nUnderstanding which assets are being transferred across the business network as well as the information associated with each one is fundamental to understanding the workflow as it crosses the business network, establishing the relevance of the blockchain. Make note of what legacy systems are involved, and how blockchain can integrate with these.<\/p>\n<p>Microsoft Services can help you assess the value of blockchain to your business and deliver a proof of value with the right solution for you to solve your business challenges. <a href=\"https:\/\/info.microsoft.com\/CA-ISVRCT-CNTNT-FY18-11Nov-29-BlockchainEssentials-MGC0001576_01Registration-ForminBody.html\">Take advantage<\/a> and learn how to use the Blockchain Technology to simplify and transform your current processes and find the right set of Blockchain and cloud-related technologies to solve for your business challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blockchain could revolutionize the way business is conducted in several industries, including manufacturing. Companies need tools to support and&#8230;<\/p>\n","protected":false},"author":72,"featured_media":1475,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"_classifai_error":"","footnotes":""},"categories":[221,220],"post_tag":[238],"content-type":[],"coauthors":[163],"class_list":["post-686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","category-retail","tag-services"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Blockchain is shaking up the Supply Chain - Microsoft Industry Blogs - Canada<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blockchain is shaking up the Supply Chain - Microsoft Industry Blogs - Canada\" \/>\n<meta property=\"og:description\" content=\"Blockchain could revolutionize the way business is conducted in several industries, including manufacturing. Companies need tools to support and...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/\" \/>\n<meta property=\"og:site_name\" content=\"Microsoft Industry Blogs - Canada\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-06T09:55:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-10-16T16:02:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2017\/12\/WWS16_Manufacturing_290x125.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"290\" \/>\n\t<meta property=\"og:image:height\" content=\"125\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Microsoft Services\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Microsoft Services\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/\"},\"author\":[{\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/author\/microsoft-services\/\",\"@type\":\"Person\",\"@name\":\"Microsoft Services\"}],\"headline\":\"Blockchain is shaking up the Supply Chain\",\"datePublished\":\"2017-12-06T09:55:04+00:00\",\"dateModified\":\"2018-10-16T16:02:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/\"},\"wordCount\":444,\"publisher\":{\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2017\/12\/WWS16_Manufacturing_290x125.jpg\",\"keywords\":[\"Services\"],\"articleSection\":[\"Manufacturing\",\"Retail\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/\",\"url\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/\",\"name\":\"Blockchain is shaking up the Supply Chain - Microsoft Industry Blogs - Canada\",\"isPartOf\":{\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2017\/12\/WWS16_Manufacturing_290x125.jpg\",\"datePublished\":\"2017-12-06T09:55:04+00:00\",\"dateModified\":\"2018-10-16T16:02:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#primaryimage\",\"url\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2017\/12\/WWS16_Manufacturing_290x125.jpg\",\"contentUrl\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2017\/12\/WWS16_Manufacturing_290x125.jpg\",\"width\":290,\"height\":125},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Blockchain is shaking up the Supply Chain\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#website\",\"url\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/\",\"name\":\"Microsoft Industry Blogs - Canada\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#organization\",\"name\":\"Microsoft Industry Blogs - Canada\",\"url\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2019\/08\/Microsoft-Logo.png\",\"contentUrl\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2019\/08\/Microsoft-Logo.png\",\"width\":259,\"height\":194,\"caption\":\"Microsoft Industry Blogs - Canada\"},\"image\":{\"@id\":\"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Blockchain is shaking up the Supply Chain - Microsoft Industry Blogs - Canada","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/","og_locale":"en_US","og_type":"article","og_title":"Blockchain is shaking up the Supply Chain - Microsoft Industry Blogs - Canada","og_description":"Blockchain could revolutionize the way business is conducted in several industries, including manufacturing. Companies need tools to support and...","og_url":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/","og_site_name":"Microsoft Industry Blogs - Canada","article_published_time":"2017-12-06T09:55:04+00:00","article_modified_time":"2018-10-16T16:02:54+00:00","og_image":[{"width":290,"height":125,"url":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2017\/12\/WWS16_Manufacturing_290x125.jpg","type":"image\/jpeg"}],"author":"Microsoft Services","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Microsoft Services","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#article","isPartOf":{"@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/"},"author":[{"@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/author\/microsoft-services\/","@type":"Person","@name":"Microsoft Services"}],"headline":"Blockchain is shaking up the Supply Chain","datePublished":"2017-12-06T09:55:04+00:00","dateModified":"2018-10-16T16:02:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/"},"wordCount":444,"publisher":{"@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#organization"},"image":{"@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#primaryimage"},"thumbnailUrl":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2017\/12\/WWS16_Manufacturing_290x125.jpg","keywords":["Services"],"articleSection":["Manufacturing","Retail"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/","url":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/","name":"Blockchain is shaking up the Supply Chain - Microsoft Industry Blogs - Canada","isPartOf":{"@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#primaryimage"},"image":{"@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#primaryimage"},"thumbnailUrl":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2017\/12\/WWS16_Manufacturing_290x125.jpg","datePublished":"2017-12-06T09:55:04+00:00","dateModified":"2018-10-16T16:02:54+00:00","breadcrumb":{"@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#primaryimage","url":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2017\/12\/WWS16_Manufacturing_290x125.jpg","contentUrl":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2017\/12\/WWS16_Manufacturing_290x125.jpg","width":290,"height":125},{"@type":"BreadcrumbList","@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/retail\/2017\/12\/06\/blockchain-is-shaking-up-the-supply-chain\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/"},{"@type":"ListItem","position":2,"name":"Blockchain is shaking up the Supply Chain"}]},{"@type":"WebSite","@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#website","url":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/","name":"Microsoft Industry Blogs - Canada","description":"","publisher":{"@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#organization","name":"Microsoft Industry Blogs - Canada","url":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2019\/08\/Microsoft-Logo.png","contentUrl":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-content\/uploads\/sites\/23\/2019\/08\/Microsoft-Logo.png","width":259,"height":194,"caption":"Microsoft Industry Blogs - Canada"},"image":{"@id":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-json\/wp\/v2\/posts\/686"}],"collection":[{"href":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-json\/wp\/v2\/users\/72"}],"replies":[{"embeddable":true,"href":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-json\/wp\/v2\/comments?post=686"}],"version-history":[{"count":0,"href":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-json\/wp\/v2\/posts\/686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-json\/wp\/v2\/media\/1475"}],"wp:attachment":[{"href":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-json\/wp\/v2\/media?parent=686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-json\/wp\/v2\/categories?post=686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-json\/wp\/v2\/post_tag?post=686"},{"taxonomy":"content-type","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-json\/wp\/v2\/content-type?post=686"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-ca\/industry\/blog\/wp-json\/wp\/v2\/coauthors?post=686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}