Foxconn 4.0

Research Overview

Author: Nolan Bauerle
Release Date: October 23, 2017

Abstract:

Foxconn is among the first manufacturers to implement blockchain technology in its supply chain. This project looks at Chained Finance, which consists of a procurement market and the handling of logistics, accounting, inventory, finance, and sales functions. Participants’ visibility into orders and the movement of assets enables them to provide trade finance and short-term loans to tier 2 and tier 3 suppliers as needed and at better rates than the traditional financial system.

Copyright 2017 Blockchain Research Institute – not for distribution

The FOXCONN Infographic

Copyright 2017 Blockchain Research Institute ™.
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