Page History

2024 - project/effort idea

AI in blockchains(SC-TF related)

Discover and document how firms are planning or currently employing AI for blockchain supply chain solutions where the underlying technology for data and processing is Hyperledger Fabric. 

Process:
1) Online investigation on current activity?
2) Tech talks on AI and Supply Chains (risk management)
3) Reach out to firms(shipping and tech).
4) Reach out to our Hyperledger tech group as to Fabric-AI arch. model.

Deliverable: Similar to eBook published in 2024

NOTE(Jeff Pribich - 02/06): Willing to begin exploring this project to provide SIG with specific information on deliverable. 

2024 - project/effort idea

How do NFTs address supply chain inefficiencies? Produce a document on current use for this purpose or document(tech).

NFTs eliminate many of the issues supply chains are known for, as they can enhance traceability and reduce the need for constantly checking in to see who has your materials. Ultimately, this would result in lower supply chain costs, and these savings could be passed onto consumers. Still, it’ll probably be a while before this technology is widely adopted in supply chains.

2024 - project/effort idea

Platform differentiation

Perform a competitive analysis between Fabric and current other popular platforms that provide an SC-TF solution.

NOTE(Jeff Pribich - 02/06): Should this entry be removed from this list as this has already been performed.

2024 - project/effort idea

Risk: How can blockchain display and provide guidance on risk as situations change during shipping

Can AI assist? Technical view on how this can be provided and/or how is blockchain transparency enabling risk reduction - who is using this advantage?Output from this study could be consolidated with other projects/efforts in 2024.

NOTE(Jeff Pribich - 02/06): After further review, this effort would be a portion of the proposed project entitled "AI in blockchains(SC-TF related)"

2024 - project/effort idea

Deeper dive study on how blockchain(Fabric) thwarts product fraud and tampering.

Was touched on slightly during our e-Book effort. This idea promotes working on a very detailed level as to how Fabric(target blockchain) enables fraud detection and allows for the creation of a process preventing fraud. Seems as if there is more maturity in this space with everledger for example.

Process:
1) What technical aspects of blockchain enable fraud detection? Mid or low level detail as to the inner workings such as hashing, the ledger and physical implants in goods.
2) What firms are now utilizing blockchain(Fabric) for this purpose.
3) Can we produce an architecture and Fabric implementation document as to how this is implemented.  

2024 - project/effort idea

Produce a diagram or e-guide on how exactly blockchain operates for SC-TF

Process definition required especially around involvement of the Fabric technical groups. Opportunity for synergy between SIGs.

2024 - project/effort idea

Where / How is crypto utilized in blockchains for SC-TF such as hedging due to price changes?

2024 - project/effort idea

What are the business reasons for firms/corporation not adopting blockchain for Supply Chains?

Process steps for this effort need further clarity at this time(01/2024).  Through online research and interviews define the stumbling blocks, differential attitudes and incorrect assumptions on value/benefits and what has changed.

2024 - project/effort idea

Consumer use of the supply chain - direct purchases from manufacturing firms. 

The idea associated with this project is to produce a document strategizing how consumer use of SC blockchain will allow for direct purchase from manufacturers of goods. How to avoid use of Amazon for example utilizing the same technology.  

2024 - project/effort idea

Produce a document detailing the financial advantages of blockchain technology for SC-TF usage.

Form of the output would detail the blockchain(Fabric) intricacies enabling cost advantages for SC-TF usage.

Examples:  How do smart contracts-chaincode enable partial payments?   Transaction efficiencies. Efficiencies to transaction processing, reduces manual tasks such as aggregating and amending data, and eases reporting and auditing processes. Enables traceability and close tracking to prevent product damage from spoilage, theft and lost goods.

Process definition required especially around involvement of the Fabric technical groups. Opportunity for synergy between SIGs.

SIG Blog

Mitigating environmental impact of blockchain use

Use of trade finance(FinTech) across supply chains. Investigate how specific industries, especially small to mid-size industries) utilize FinTech to corral financing of supply chain operations. Examples are:

1) Warehouse Receipt Financing

2) Small and mid-size companies have three core assets that can be used to obtain financing: approved invoices, inventories, and purchase orders.

Minimizing the trade finance gap

Tokenization

Digital credentials

Beyond Track and Trace

Interoperability

Governance

• ISO has recently released some new governance documents - Erik Valiquette
• ToIP, Trust over IP Foundation - Alfonso Govela
• Learnings from TradeLens - Perhaps Sophia Brumann?
• Blockchain consortia (WeTrade, Tradelens)
• Political complexities of global trade - One thought on a challenge with governance is simply the political complexity of global trade. As an example, Bangladesh exports are growing (particularly to Europe) but governance only has so much relevance here. We got to a stage with the eBL where it became legally accepted from a technical perspective but their reliance on letters of credit for bill of lading processes means we also needed banks involved in all transactions. And suppliers don't use the large international banks we all know. If you consider that each supplier and buyer needs to be using the same foreign technology, how much power do we really have over small, local banks with legacy systems. We dream big but the reality of implementation has been challenging, regardless of governance. Some interesting discussions to be had, though! - Sophia Brumann