The days when blockchain was portrayed as a cure-all for companies of all types have gone. Now that the hype has light, enterprise blockchain initiatives have quietly begun to ship. Whereas a few of these initiatives have light into obscurity, others have prospered, suggesting that there’s life in enterprise blockchain but.
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After a Shaky Begin, Enterprise Blockchain Adoption Ramps Up
When IBM and transport large Maersk teamed as much as create a blockchain resolution for provide chains, the 2 goliaths appeared to be capturing in the direction of an open objective. The product, dubbed Commerce Lens, would assist transport corporations handle cargo and stock, eliminating the huge bulk of administrative work required to maintain observe of consignments, reducing prices by as much as 20% within the course of.
The promise was of an “open and impartial” provide chain…