Author: Tom Serres, Bettina Warburg
Release Date: December 5, 2017
Abstract:
Presentation by BRI Research Directors Tom Serres and Bettina Warburg from the BRI Fall 2017 All-Member Summit. They explore the implications of blockchain technology in supply chains, and how the movement towards decentralized and automated infrastructure will impact manufacturing.
This brief shows how blockchain technologies, combined with mobile access to drones, sensors, satellite imagery, artificial intelligence, the Internet of Things, and other innovations, can secure our global food supply, one farm at a time. The solutions it explores focus on topsoil to mitigate the harmful effects of chemicals, aggressive tillage, monocultural crops, and climate change. The goal is to give smallholders—often the poorest farmers with less than two hectares of land in jurisdictions hardest hit by environmental and humanitarian crises—the tools and training they need for sustainable food production, transforming the long-term viability of their businesses and the future of their families in the process.
Read MoreNo longer at proof-of-concept or pilot stage, blockchain applications are changing processes and practices for the better in business and society. This research reports on the status of transformational projects for registering assets, tracking the flow of assets, automating contract administration, and streamlining industry workflows in construction, insurance, mining, retail, and transportation. It features a case study of the UK based company Circulor, which has transformed the cobalt chain of custody for good. Finally, the authors anticipate the long-term impact of blockchain technology on global financial markets, identity management, and the Internet of Things. There is no turning back to old ways of operating.
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