2023 10 05 Paul Rapino of Global Blockchain Business Council: How Emerging Technology is Transforming Global Supply Chains

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Details

Date: Thursday, October 5, 2023

Time: 10:30pm IST / 6:00pm CET / 5:00pm GMT / 12:00pm EST / 9:00am PST

Meeting link: https://zoom.us/my/hyperledger.community.backup?pwd=dkJKdHRlc3dNZEdKR1JYdW40R2pDUT09

Zoom Meeting ID: 622 333 6701 Passcode: 475869

Meeting Recording on YouTube

Upcoming events

Oct 19: SIG meeting - Haris Kamal, CRO of Chronicled: Financial transactions in life sciences: How blockchain revolutionizes the chargebacks and claims ecosystem

Oct. 26: GBBC event: Real-World Use Cases: Transforming Supply Chains, featuring Sandra Ro, Paul Rapino, and Dale Chrystie.

Announcements

eBook status update

Presentation

Paul Rapino, Chief Growth Officer of Global Blockchain Business Council, and Dale Chrystie, FedEx Business Fellow, Blockchain Strategist, and Chairman, BITA Standards Council, will discuss How Emerging Technology is Transforming Global Supply Chains

GBBC is focused on three areas
- Digital Finance Group
- Interwork Alliance
- BITA
500 corporate member organizations (Fedex, UPS, Delta, Salesforce, etc.)
Looking to identify and combine best practices. How to scale globally with an open source model, using consistent standards.
Blockchain in Transport Alliance founded in 2017. Dale is leading the BITA Standard Council's work with GBBC
- Global view - At global commerce level, things have to work for everyone
- Work has to function from International Space Station Level down to the level of a local bike messenger service, which may not even have IT infrastructure.
- Almost everything is based on standards
  - Many people didn't start thinking about the global supply chain until the pandemic led to shortages
- FedEx recognized early that standards are critical, which is why they are involved with BITA
  - The world needs a harmonizer
  - FedEx and BITA have been tech agnostic since early on. Which tech meets the need?
- BITA is technology agnostic, focused on open-source
  - "BITA Standards Council is dedicated to providing open-source and royalty-free data standards for blockchain/Web-3 enabled global commerce, and, collaborating with other like-minded entities, will drive the global effort to map, produce, publish and adopt those standards."
    - World customs systems have standards, but they were proprietary
- BITA believes the future is paperless, open-source is inevitable
- Belief is that movement space is critical. There are many data points to organize
- BITA/GBBC is working as the global harmonizer for open data standards
- We are beginning the work of identifying the core backbone of global commerce movement, and will then identify existing standards in those key areas
- Many standards are in place. Some are identical, with no disagreement, but gaps exist.
GSMI - Global Standards Mapping Initiative 4.0 - https://gbbcouncil.org/gsmi/ - is the research arm of BITA, starting with 4.0
- Started about three years ago
- Supply chain added this year
- As the process evolves, BITA/GBBC will work with like-minded open standards entities to fully map the key aspects of multi-modal global commerce
- Using those standards, BITA/GBBC will support reference architecture for foundational use cases
- First version will be out this fall
- Has to be cradle-to-grave on any movement.
  - There could be 1,000 data elements, if we identified every piece
  - We'll start with ~50 data points, which are least controversial. (e.g.: country codes)
- GBBC will publish GSMI documents for review to the public.
- Digitization allows us to look at the processes, redesigning processes, creating additional value
BITA efforts are foundational
- When we can reduce friction across borders
2023-24 Deliverables:
- Define the supply chain open-source lifecycle ecosystem
- Narrow focus to key movement data elements
- Establish a taxonomy and framework for these key movement data elements
- As part of GSMI 4.0, map existing standards to those key movement data elements
- Breakdown of focus areas, socialize and get consensus from larger community and identify areas where we need assistance
- Outline a framework for the ‘Paperless Supply Chain’
- ‘Use Case’ Focus – Business and technical agreement, leading to reference architecture effort
Global Express Association (GEA): FedEx, UPS, DHL
- Very connected to world customs, world trade.
- In 2019, the three companies created a position paper, call-to-action sent to the world customs and world trade on open standards, interoperability
- GEA is not technically part of BITA, but two of these three members are leadership members of BITA.
Digitization and emerging technologies will improve and transform the global supply chain customer/user experience
A common data language and interoperable standards will be foundational to this effort
Also foundational to what will ultimately be a paperless supply chain
Blockchain and other emerging technologies are going to fundamentally change what has not been changed in thousands of years.
Thursday, Oct. 26: GBBC will roll out working plan, plan to scale
- Business side, taxonomy side
- To get involved: https://globaldigitalfinance.typeform.com/to/A74MA841?typeform