article thumbnail

Using blockchain to combat counterfeiting in manufacturing

CGI

Using blockchain to combat counterfeiting in manufacturing. Whether it’s COVID-19 vaccines, industrial goods, car parts or fair-trade chocolate, today consumers want assurance that the product they’ve purchased is genuine. Product authenticity plays a huge role in assuring consumer confidence for B2B and B2C businesses.

article thumbnail

The Applications of Blockchain in Data Management

AIIM

Blockchain is one of the most important new technologies that has impacted the business world in the last decade. Along with cloud computing, artificial intelligence (AI), and robotic process automation (RPA), blockchain is transforming business operations and challenging traditional methods the world over.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Improving supply chain resiliency in the industrial sector

IBM Big Data Hub

The industrial sector is facing a perfect storm when it comes to their supply chains: an outdated reliance on manual processes, raw materials demand that will likely outpace supply, as well as potential resource constraints. What can help improve visibility and resiliency in the industrial sector supply chain?

article thumbnail

Is Blockchain Technology In Your Company’s Future?

Synergis Software

Bitcoin gets the headlines, but the underlying technology — blockchain — is the real news. It is a quintessential foundational technology, and it will have a big impact on engineering, manufacturing, and construction processes. Blockchain’s Fundamental Capabilities. No single party controls the “database” of a blockchain.

article thumbnail

How blockchain, CRM and trade finance are transforming supply chain management

CGI

How blockchain, CRM and trade finance are transforming supply chain management. To me, this is a literal example as to how blockchain technology is hitting the transportation and logistics industry like a Mack truck – but in a good way. Next, let’s examine the traditional process behind this picture, before blockchain.

article thumbnail

As of May 2024, Black Basta ransomware affiliates hacked over 500 organizations worldwide

Security Affairs

Black Basta affiliates have targeted over 500 private industry and critical infrastructure entities, including healthcare organizations, in North America, Europe, and Australia.” The researchers analyzed blockchain transactions, they discovered a clear link between Black Basta and the Conti Group. ” reads the CSA.

article thumbnail

The blockchain bowling alley: How distributed ledger technology goes mainstream

CGI

The blockchain bowling alley: How distributed ledger technology goes mainstream. The leap from niche to mainstream happens in what some strategists call the “bowling alley,” where a technology’s success in one industry (the lead pin) creates opportunities in tangentially related markets (secondary pins). Breaking down blockchain.