10
CASE STUDY 2 INNOVATION INSIGHTS
collected has not been manipulated or fraudulently mimicked to achieve accomplishments not earned or honestly obtained. Key audit points, factory credentials, and audit indicators are stored on OriginTrail Decentralized Network and secured with blockchain. The distributed ledger with data permissioning features uses blockchain as a verified instrument of trust and can be shared with interested government agencies such as US Customs and Border Protection CTPAT program
and mutually recognized governments. The Trusted Factory Program will blockchain over 18,000 factories within the SCAN database and provide viewer rights to those permissioned members and governments. Since blockchain allows for increased transparency through an unalterable ledger, this technology helps protect against forgery, counterfeit, and other illegal or unethical practices that plague the global supply chain. l
“Who a company selects to represent their brand is a critical decision. One must be able to trust the data and the source in which these decisions are being made, especially in these times of uncertainty. Blockchain methodology helps to provide that sense of trust and
security in the data validity.” Shelley Sjerven, Program Manager, SCM
View SCAN examples CLICK HERE
“As a Tier III CTPAT business partner The Home Depot continually strives for improvements in its supply chain security platform. Membership in SCAN has delivered both an effective platform as well as cost savings through the use of shared audits. Adding a secured block chain element
over the top of the SCAN audit only increases the security and integrity of these audits! With the intention of this level of integrity and security leading to a “trusted factory” program with the various regulatory agencies further costs should be driven out of the supply chain.” Ken McElroy, Mgr. Global Trade Risk, The Home Depot
CASE STUDY 3
Contact us with your comments and feedback
Click here for a printable version
CONTENTS
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12