Post on 18-Mar-2022
0 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Find out more about all of Gartner’s
upcoming events.
Truth in Supply Chain; 3 Case Studies on how Blockchain, AI & IoT are Shedding Light
Connect with Gartner
Avivah Litan VP, Distinguished Analyst
1 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Truth is in a State of Crisis; Truth in Supply Chain is no Exception
2 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
3 Blockbuster Trends moving Blockchain Market out of Trough of Disillusionment
• Maturation of Cryptocurrencies & StablecoinsTrend 1
• Truth & Transparency in Supply Chain Trend 2
• Anywhere Any Chain Blockchain Abstraction Middleware Trend 3
3 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Agenda
§ Truth in Supply Chain in Crisis
§ Two Case Studies in Authenticated Provenance and Track & Trace
• Belgian Organic Pork Industry - Provenance & Tracking of Organic Pigs – Farm to Store
• Sponsor: Colyrut, Belgian Retailer; Technology Provider: Settlemint
• U.S. Organic Mattress Industry – Provenance & Tracking of Organic Materials – Farm to Store
• Sponsor: Avocado, U.S. Mattress Brand; Technology Provider: Copperwire Systems
§ One Case Study in Authenticated Provenance
• U.S. Oil and Gas Industry – Provenance of ‘Proofed’ Oil & Gas Pollutants Data
• Sponsor: Environmental Defense Fund; Technology Provider: Context Labs
• What This Means for You in 2021
4 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Falsehoods in Supply Chains lead to Serious Consequences
• Brand reputation loss• Loss of consumer confidence• Lost sales
Brand damage from
counterfeits
• Poor decision making• Lost revenue opportunities• Inefficient processes and higher costs
Bad data across
ecosystem
• Poor patient healthcare• Ineffective clinical trails, medicines• Ineffective climate change control applications
Health risks to Planet and
people
Sample Falsehoods Sample Consequences
5 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
1 2 3 4
Consumption
Use Gartner Truth Assessment Model to Prove Provenance
Is This Entity for Real?
Human Verified Digitally CertifiedAlgorithmically Verified
Input
Known Good Known BadLikely Good Likely Bad
Human Verified
Crowdsource ratingsManual audits & certifications
Digitally Certified
Certify entity at origin using appropriate entity-specific techniques
Algorithmically Verified
Domain-specific ML or AI applied to entity
See https://www.gartner.com/document/3986200?ref=solrAll&refval=276089373How to Detect Fakes in a Zero Trust World using Artificial Intelligence and Blockchain
Blockchain Peer-to-Peer
NetworkTokenize ; Track & Trace on BlockchainBlockchain
Peer-to-Peer Network
6 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Blockchain Locks in Shared Immutable Truth across Connected Supply Chains
Data Reconciliation IssuesLack of visibility across supply chain; Different data in different systems for
same events or entities
Lack of Trust Across EcosystemsNo trust in others’ data and processes
No Process Automation Across Entities
Automation limited to single entities or organizations
Distributed LedgerIndependently verifiable
Shared System of RecordAnytime, anywhere
Tokens; Digital Assets Digital or physical representations
Smart Contracts Process automation
Immutable Data cryptographically secured; append only
More Trust
More Efficient
More Revenue & Opportunity
Transformed StateBlockchain FeaturesCurrent State
7 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
But… Many Technology & Business Challenges in“Truth in Supply Chain”
Need for new multi-party business
agreementsLack of domain
specific tools for assessing
‘truth’
Custom integrations needed for;
Analytics/AI, IoT & Blockchain
Complex, unproven, multi-party processes
Lack of standards for
data & processes in most domains
Cost of Immature
technology; ROI still
unproven
Sample Vendors for Proving Provenance
• Circulor* • Context Labs• Copperwire• Cybord*• Settlemint• TextileGenesis*no native blockchain capability
8 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.© 2020 Gartner, Inc. and/or its affiliates. All rights reserved.
Case Studies:Truth & Transparency in Supply Chain
• Case Study: • Belgian Pig Farming Industry
• Use Case: • Authenticated Provenance of Pigs and Pork Meat, Track & Trace
• Drivers: • Support Trust in Organic ‘Bio’ Pork Labels• Improve Pork Farming and Distribution to:
• lower costs from more efficient processes and by avoiding future ‘pig health crises’
• increase revenue by encouraging more local farm suppliers, finding new markets and retaining loyal customers
9 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Avoid past ‘Pork Crises’ where
consumers lost trust because of disease spread in some pig
lots
Identify potential improvements for pig farming
process
Ensure Local Organic Pork
Supply Satisfies Growing Local
DemandOffer High
Quality Sustainable products to
Consumers who value ‘BIO’ label
Provide verifiable data about
conditions pigs are raised, processed and transported in
Challenges to Belgian Organic Pig Farming Market
10 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Solution: Establish & Operate Belgian 100% Organic Pork Chain Consortium
Continuously monitor pig health & diet with IoT sensors, location tracking, & manual certification
processes.
Combine digital pig data with other records,
e.g. vaccinations, lineage, weight. Link data to blockchain
Use SettleMint Blockchain to; track pigs’ digital history, prove provenance, support instant access to pork chain, analyze data
to identify process improvements
Potential Customer facing app; consumers
scan QR code on package to track pork
provenance
Consortium MembersRetailer - Colruyt GroupPig Farmer - BioVarProcessor/Transporter – DelaviTechnology provider- Settlemint
Transform Pig Data; Turn Analytics into Action
Track & Analyze Location• Manage time spent inside
pen and outdoors• Encourage more time
outdoors, as needed
Track & Analyze Food Intake• Sensors on feeding trough
triggers food output when pig snout in trough
• Measure baby pig intake as part of nursing pig mother
• Adjust feeding as needed
Attach IoT Sensor to Pig EarEstablish Unique Identity Record with attributes
Integrate 40 other Pig attributes• Vaccination record• Lineage• Weight before and after slaughter• Method of slaughter• Certificate of Humane Slaughter
Post Slaughter è Unique Pig tracking lost when sensor removedLimited number of pigs delivered to slaughter house per shipment, so can use blended pig cohort data to provide insights to end users
12 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Pig Farm to Store; Key Data for Track & Trace
SettleMint Blockchain
Dapp(back-end)
Full Node
Dapp(back-end)
Full Node
Dapp(back-end)
Full Node
Dapp(back-end)
Full Node
Dapp(back-end)
Full Node
• Unique Pig ID• Date of Birth• Vaccinations• Family lineage• Feed• Bio Certificate
• All previous+• Pickup date• Lot ID• Etc.
• All previous+• slaughter date• temperature• Etc.
• All previous+• cuts• weight per cut• SKU number• Etc.
CCE IT ensures integration with existing systems of Delavi
70-80 pigs/week slaughter slicing
• arrival date• shelf date• sold date
• arrival date• shelf date• sold date
• pick up date• delivery date• temperature
• pick up date• delivery date• temperature
Colruyt IT team ensures integration with existing systems of Colruyt/BioPlanetBiovar IT ensures integration
Farm Packaging Logistics & Distribution
13 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Pig Farm to Store; Integrated IoT, Analytics, Blockchain Architecture
Customer scans QR code on label to view Provenance
Organic Pig Farm in Belgium
IoTPlatform
Temperature and other factors tracked during shipments
Smart Contract
DApp Backend DApp Frontend
ColyrutSupermarket
IoTMetadata Increase
Efficiency and
Revenue
Increase Trust in the Provenance
Increase Trust in Quality
DApp Frontend
Data Driven Analytics for Organic Pork Production
BioVar.be Delavi BioPlanet Colyrut Customer RegulatorBlockchain
1 2
3
Off Blockchain Entity / Process 3 Blockchain Shared Pork Chain System of Record eliminates
reconciliation issues caused by previously silo’ed systems. Transparency reduces waste from mishandled pig and pork meat. Increased consumer trust can translate to more revenue.
14 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Results for Organic Pork Chain ParticipantsIncreased Consumer Trust and Engagement with Brand
Transparent & Immutable Shared System of Record; Optimize Distribution & Pricing
Compliance and Proof of Bio Label
Create future opportunity for process and farming improvements via data mining
Potential for Cost Savings and new local pig farm revenues from trusted data analyses
15 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.© 2020 Gartner, Inc. and/or its affiliates. All rights reserved.
Case Studies:Truth & Transparency in Supply Chain
• Case Study: • Agrestal Organic Living / Avocado Mattress, leading U.S. Organic
Mattress Brand
• Use Case: • Authenticated Provenance of Mattress Materials, Track & Trace
• Drivers: • Support Trust in Organic Mattress Labels• Improve Data used in Regulatory and Certification Processes
• Project is in Phase 1:• Proving provenance of wool from sheep raised in India, • Tracking it through mattress manufacturing
16 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Strengthen Industry & Regulatory Certifications
by providing trusted, verifiable real time data, all not possible with today’s
annual inspections
Brand Differentiationby proving products are truly natural,
organic, & safe, and that business follows sustainable, social & ethical
practices
Brand Trustvia transparency, traceability & proof of claims by opening supply chain to
customers, partners, inspectors & regulators
Prove Provenance via trustworthy capture & presentation
of critical data in secure auditable manner for all constituents
Challenges to Avocado: Major U.S. Organic Mattress Manufacturer
17 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Continuously monitor sheep health & farming conditions with
IoT sensors, location tracking, testing & manual certification
processes.
Continuously monitor sheep cleaning and shearing processes using video, photos
Use Copperwire Blockchain to; track serialized sheep digital history, prove organic provenance, support instant
access to data, analyze & identify farming and process improvements
Customer facing app; consumers scan QR
code on package to track provenance of material
*Project now in Phase 1, covering Wool Supplies & Sheep Farming
practices only. Will move into other material sources & business practices
Solution: Establish & Operate 100% Organic Mattress Blockchain Consortium
Main Consortium Members
Brand: Avocado MattressWool Supplier: Agrestal Organic Living IndiaTechnology Provider: Coppewire SystemsOther Material Suppliers: tbd (cotton, latex etc.)Factories: Agrestal, Shikhar Wool ProcessorsRetailers: Avocado Retail Stores
18 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Transform Sheep Data; Phase 1: Establish Provenance
Track Location• Use photos and videos during adhoc
inspections to track sheep movement, farming practices
• Will use automated video analysis in the future
Track Food Farm Quality• Measure grass density via swad sticks• Manually audit food for chemical
additives, wastes (e.g. poultry waste)• Future: use sensors to measure ambient
temp., soil moisture; soil nutrient deficiencies, unwanted chemicals
Serialize lots traceable to Sheep• Establish Lot Records with attributes
Integrate other Sheep Attributes• Vaccination, Illness, Pharmaceutical records• Weight before and after transport and
shearing• Ethical and socially responsible farming and
factor practices, e.g. farmer pay, diversity, animal welfare
Track Cleaning & Shearing• Use of cameras and videos (in future)
of every sheep batch cleaned• Manually audit for humane and fair
practices
From Farm to Bed; Phase 1-Certify Organic Mattress Wool
Birth to Obtaining Wool (shearing)
Clean, Classify wool; Certify process
Track Shipment of Wool from Source
to US port(s)
Convert Wool into Mattress Ready Material
Final Distribution of Mattress to Customer
• Sheep & farmer data• Animal welfare, grazing
process• Grass quality• Land management, • Soil & weather data • Serialization for Fiber
traceability
• Wool classification data• Logistics from farm to
classifying facility• Cleaning, carding and
combing activities• Inspection / certification• Proof of social / ethical
practices
• Shipping data• Track shipments by batch
container; source to port• Track key docs, e.g. Bill of
Lading• Store key images and
videos of the shipment
• Processing data • Quality testing data• Track process & outputs • Track & record
certifications• Track Orders &
Shipping
• Product & store data • Provenance of mattress via
QR scan app for consumers
• Regulatory & certifications reporting
www.copperwire.io
CopperwireBlockchain Platform
Dapp(back-end)
Full Node
Dapp(back-end)
Full Node
Dapp(back-end)
Full Node
Dapp(back-end)
Full Node
Dapp(back-end)
Full Node
SHEEP FARMING CLEAN & CERTIFY SHIPPING FACTORY STORE, CUSTOMER
20 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Sheep Farm to Store; Integrated IoT, Analytics, Blockchain Architecture
Customer scans QR code on label to view Provenance
Organic Sheep Farm in India
IoTPlatform
Temperature and other factors tracked during shipments
Smart Contract
DApp Backend DApp Frontend
Mattress Store
IoTMetadata Increase
Efficiency and
Revenue
Increase Trust in the Provenance
Increase Trust in Quality
DApp Frontend
Data Driven Analytics for Organic Mattress Production
Delavi BioPlanet Factory Avocado RegulatorAgrestral Organic Living India Blockchain
1 2
3
Off Blockchain Entity / Process
*Project now in Phase 1, covering Wool Supplies & Sheep Farming practices only. Will move into other material sources & business practices
Blockchain Shared Mattress System of Record eliminates reconciliation issues caused by previously silo’ed systems. Transparency reduces waste from mishandled source animals and materials. Increased consumer trust translates to more revenue.
21 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Sheep Farm to Store; Integrated IoT, Analytics, Blockchain Architecture
Customer scans QR code on label to view Provenance
Organic Sheep Farm in India
IoTPlatform
Temperature and other factors tracked during shipments
Smart Contract
DApp Backend DApp Frontend
Mattress Store
IoTMetadata Increase
Efficiency and
Revenue
Increase Trust in the Provenance
Increase Trust in Quality
DApp Frontend
Data Driven Analytics for Organic Mattress Production
Delavi BioPlanet Factory Avocado RegulatorAgrestral Organic Living India Blockchain
1 2
3
Off Blockchain Entity / Process
*Project now in Phase 1, covering Wool Supplies & Sheep Farming practices only. Will move into other material sources & business practices
22 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Promised Results for Avocado Mattress & Blockchain Consortium when in Full Production
Increased Consumer Trust and Engagement with Brand
Transparent & Immutable Shared System of Record; Optimize Distribution & Pricing
Compliance and Proof of Organic Label
Data Mining Opportunities for Process & Farming Improvements
Proof of Socially Ethical Processes, e.g. farmer payments, diverse labor, humane sheep care, etc.
23 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.© 2020 Gartner, Inc. and/or its affiliates. All rights reserved.
Case Studies:Truth & Transparency in Supply Chain
• Case Study: • Oil & Gas Industry in New Mexico and Pennsylvania
• Use Case: • Authenticated Provenance for ‘Asset Grade’ Oil and Gas Data
• Drivers: • Reduce Tax and Income Revenue Lost to Unnecessary Flaring• Improve Health of the Planet
• Provide reliable data for measuring Net-Zero Carbon goals• Improve Trust in Oil and Gas Greenhouse Emissions data by:
• Transforming and contextualizing raw data using AI and cryptographically securing them on an immutable ledger
Strengthen Industry & Regulatory Certifications
by providing trusted, verifiable real time data, all not possible with today’s
annual inspections
Global Warming> 25% global warming caused by manmade methane emissions;
Persistent emissions, leaky pipes, wasteful venting & flaring major
factors*
Regulations2016 EPA rules target methane
emissions from oil & gas well-head, well pad, transport equipment &
operations.**
Prove Provenance via trustworthy capture & presentation
of critical data in secure auditable manner for all constituents
Challenges to Oil and Gas Industry; New Mexico and Pennsylvania
* https://www.edf.org/climate/methane-other-important-greenhouse-gas **https://www.epa.gov/sites/production/files/2016-09/documents/nsps-overview-fs.pdf
Unreliable Reported Data
No source of truth for pollutantsNo standards for reporting
Biased, latent dataDeviations across common indicators
Global Warming> 25% global warming caused by manmade methane emissions;
Persistent emissions, leaky pipes, wasteful venting & flaring major
factors*
Regulations2016 EPA rules target methane
emissions from oil & gas well-head, well pad, transport equipment &
operations.**
Harmful ImpactsTangible proven harm to health of
people & planetRevenue loss from waste;
25 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Solution: Establish & Operate Oil & Gas Consortium for Environmental Impact (ESG Measurements)
Initial Consortium Members
States: New Mexico, PennsylvaniaAgency: Environmental Defense ForumTechnology Provider: Context Labs
Ingest and Normalize DataContinuously ingest & normalize data on
Greenhouse Gas Emissions, other pollutants from; leaky pipes, blowouts, flares, well
incidents, gas release, water spills
Transform Data Use AI to compare site data
from private well producer with public satellite images &
regulatory sourcesDeconstruct event attributes &
assemble into AI-enabled graphs to support analyses
Validate DataObtain validation from human auditors,
other internal, or public records, combined with AI-based anomaly detection
Proof & RecordDigitally sign cryptographic proof of each asset event & store on blockchain ledger; Link on chain to off chain records for all asset facts
submitted by notaries
26 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Transform Oil & Gas Data; Use Analytics, Timestamping & Cryptographic Proofing for Trustworthy Data
Integrate with IoT Sensors on Rigs• Establish Unique Identity Record, using a newly
created digital twin from regulator assignment
Toxic harm per Asset Operator Data• CO2 emissions• Methane emissions• Flaring• Spills• Blowouts • Fires
Manual Audits • Inspections• Violations • Safety incidents
Water monitoring• Fresh water consumed• Contaminated water disposed
Comparisons to Public Data • Satellite images • Drone video • Other aerial analyses • Regulator reports
Others….
27 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Greenhouse Gas Emissions; States’ Project Starts with Scope 1
Source: Greenhouse Gas Protocolhttps://compareyourfootprint.com/difference-scope-1-2-3-emissions/
New Mexico & PA Project
28 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Oil & Gas Data Timestamping; Integrated IoT, Analytics, and Blockchain Ledger Architecture
IoTPlatform
Temperature and other factors tracked during shipments
Smart Contract
DApp Backend DApp Frontend
IoTMetadata Increase
Efficiency and
Revenue
Increase Trust in Measurements
Increase Trust in Provenance
DApp Frontend
AI for Methane Emissions & Revenue Loss Projection
Delavi Context Labs Blockchain Ledger
1 2
3
Off Blockchain Entity / Process
*Project now operated by Context Labs. In the future, other entities could run nodes in a distributed ledger architecture, especially relevant for Track & Trace.
Oil & Gas Field Events
Public Aerial Data
End Users: ESG Investors
RegulatorsLocal Govt.Consumers
29 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Results for States, Regulators, Asset Operators, ESG Investors, and Public
Trustworthy Methane and Volatile Organic Compound Emissions Data & Estimates
Contextualized, timestamped cryptographically proofed data for ESG Investors, Regulators, Consumers, etc
Modeling tool to review impact of new environmental regulations
Public access web site for each state to demonstrate greater public good
Visualize Revenue Losses; e.g. $43M in 2020 lost tax and royalty revenue on $271.5 million of wasted natural gas in New Mexico*
*See https://www.edf.org/nm-oil-gas/revenue/
30 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Jan 28, 2021GM To Make Only Electric Vehicles By 2035, Be Carbon Neutral By 2040https://www.forbes.com/sites/samabuelsamid/2021/01/28/general-motors-commits-to-being-carbon-neutral-by-2040/?sh=424982366355
More Corporations will Meet Investor ESG* Demands
February 21, 2020Microsoft Stands Head and Shoulders Above the Rest in ESGhttps://www.etftrends.com/disruptive-technology-channel/microsoft-stands-head-and-shoulders-above-the-rest-in-esg/
June 15, 2020 Applied Materials appoints Director of ESG, Corporate Sustainability and ReportingSee https://www.appliedmaterials.com/en-il/company/news/press-releases/2020/06/applied-materials-appoints-director-of-esg-corporate-sustainability-and-reporting
Too Big to Let the Planet Fail “... We are asking companies to
disclose a plan for how their business model will be compatible with a net zero economy – that is,
one where global warming is limited to well below 2ºC,
consistent with a global aspiration of net zero greenhouse gas
emissions by 2050. ”Larry Fink, Blackrock CEO 2021 letter to CEOsBlackRock is the world’s largest asset
manager, with $8.67 trillion in assets under management as of January 2021
* Environmental Social Governance criteria
Lessons Learned• There are no out of the box implementations for these technically complex
projects; custom efforts are required for desired outcomes • AI provides insights from data and events that can used to manage future workflows, and
continually adjusts as new inputs are ingested
• IoT connects physical world events to the virtual world
• Blockchain provides a shared immutable system of record and supports the ‘smart programmable’ glue that connects multiple entities in a supply chain
▪ Together these technologies ▪ bring transparency into previously siloed systems and partners
▪ facilitate smarter, more efficient, more trusted connected processes not possible otherwise
▪ ROI must be identified at the outset but▪ it can take years to achieve and is more likely to initially come from more efficient processes
than from additional or new revenue sources.
32 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Action PlanKNOW the art of the possible
– Understand how Blockchain, AI, and IoT can be used to support Provenance and Track & Trace use cases
– Understand project constraints, e.g. new complex business processes, lack of mature domain-specific tooling, need for custom integrations, skill scarcity, few experienced vendors, etc.
LEVERAGE blockchain infrastructure already in place– Add Authenticated Provenance and Track & Trace blockchain use cases, if relevant to your business and
if you can demonstrate ROI through improved efficiencies and new revenue streams
– Public blockchains like Ethereum can also be utilized in many instances.
ADDRESS customer demands for greater trust – These technologies give customers confidence in your brand and the provenance of your products
FAST FOLLOW what’s worked in these supply chain case studies
But DO NOT OVERSHOOT – Start small with well-scoped use cases that need these technologies
33 © 2019 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates.
Recommended Reading
§ How to Detect Fakes in a Zero-Trust World Using Artificial Intelligence and Blockchain
§ Key Takeaways From Gartner Survey of U.S. and China Enterprises to Guide Your Post-COVID-19 Blockchain Future
§ Hype Cycle for Emerging Technologies, 2020
§ Hype Cycle for Blockchain Technologies, 2020
§ Assessing the Optimal Blockchain Technology for Your Use Case