According to U.S. Census Bureau data, eCommerce sales climbed to a record high of $453.5 billion in 2017, representing a 16% increase over the previous year.(1) However, recent Experian reports revealed that online shopping fraud rose 30% year over year,(2) and 63% of businesses acknowledge they are experiencing the same or more fraud than a year ago.(3) Chargebacks911, a leading dispute mitigation and loss prevention firm, warns that rising card-not-present (CNP) fraud could offset revenue gains unless merchants take proactive steps to identify, prevent and control it.

According to CoinDesk, Ethiopia is interested in using blockchain technology to track the supply chain for its largest export, coffee.

Alibaba is using blockchain to protect its product authenticity and improve the integrity of their supply chain.

Aerospace companies are turning to blockchain to prevent tragedy, reports Business Reports.

According to Supply Chain Management Review, for companies improving the supply chain isn’t something to do in the future it is necessary now.