blockchain demoIn general terms we kinda think we understand what blockchain is, right? It’s a distributed database with very secure encryption making it unchangeable and at the same time publicly visible and annonymous. Sounds good but what does that mean in real terms? If you’re still curious how all this comes together, here’s a demo created by Sean Han @seanjameshan · Developer & Designer, who exlpains, “Blockchain Demo is my attempt at demystifying the technology behind cryptocurrencies. It has a living blockchain, a peer-to-peer network, and a user tour.” You can walk through the 28 steps that describe what blockchain is and how it is made. By the way, this it NOT a crypto-currency demo. Remember that blockchain has lots of uses beyond exchanging money.

faruk kaymak 599961 unsplashIBM has made two big announcement recently. One is a technology play that brings brings cloud computing up another level and the other is one that brings blockchain technology to reality for the supply chain. While both are independent from a business standpoint they will inevitibly come together in ways that may not be obvious at the moment.

big dataBig data has the potentials to be of great benefits to an organization. It is much more than just data; rather it is an engine that boosts the performance of an organization in a stable, seamless, and sustainable way. Big data brings your supply chain a broad view of all happenings while at the same time narrowing them down to serve each customer’s specific need.

max capacity chuttersnap 255211 unsplashIt’s a snowball rolling downhill once a supply chain interruption happens – but what if there was a way to pivot before any disruption to the chain occurs? AI brings new meaning to system integration, and it’s a dramatic shift to the current approach which is a manual process, one that is sometimes sluggish and cumbersome. Including Artificial Intelligence into the supply chain creates an all-seeing rapid-response level of protection against problems that typically halt production. For example, the following is a common scenario:

block chain supply chainMuch has been said about the potential for blockchain, the technology underpinning digital currencies like bitcoin, to revolutionise a variety of industries, from voting to fashion to education. Despite this, critics are often quick to point out that many of the proposed use cases for the technology are still years from becoming a reality. However, as an encrypted digital ledger that records all activity that occurs over it, both publicly and chronologically, there is one area where blockchain is already having an impact: global supply chains.