Security News > 2020 > January > Benefits of blockchain pilot programs for risk management planning

Through 2022, 80% of supply chain blockchain initiatives will remain at a proof-of-concept or pilot stage, according to Gartner.

"Today, supply chain leaders have now started to treat blockchain as part of a longer-term technology roadmap and risk management planning. We see that many leaders are adopting a broader end-to-end view across their supply chains and map all requirements - from sourcing across manufacturing to the final distribution," Mr. Stevens added.

Though most blockchain initiatives didn't survive past the pilot phase, they have provided fresh stimuli for supply chain leaders to conduct broader supply chain process and technology reviews.

"Many supply chain leaders that have conducted blockchain initiatives found that they now have a more complete overview of the current health of their supply chain. Their perception on how blockchain can be used in the supply chain also has shifted," Mr. Stevens said.

"By going through the process of deploying blockchain pilot programs, they discovered what needs to change in their organization before blockchain technology can be leveraged effectively."

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