Walmart is using it to track Chinese pork. AP Moller-Maersk is applying it to marine insurance. Banks hope it will simplify cross-border trade finance. BP is experimenting with it to streamline oil and gas trading.
As the blockchain expands beyond its original use as a platform for digital currencies such as bitcoin, techno-evangelists are also bigging up its potential to do more than point to the provenance of a pork chop.
“Business leaders have another opportunity to rethink how they organise value creation,” Don Tapscott and Alex Tapscott wrote in Blockchain Revolution
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