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Deploying blockchain in durian trade is bearing fruit

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BLOCKCHAIN is commonly associated with digital coins, but its deployment in the track-and-trace process of the supply chain may yield benefits beyond raising efficiency. Read more at The Business Times.

Traditionally, the fresh fruit industry is one where financial risks are seen to be onerous, and banks and financial institutions have been reluctant to extend credit lines to smaller businesses in the supply chain.BLOCKCHAIN is commonly associated with digital coins, but its deployment in the track-and-trace process of the supply chain may yield benefits beyond raising efficiency.

With the greatly increased visibility of goods and money flow that blockchain allows, more private...

 

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