One of the greatest problems faced by companies with complex supply chains is a lack of transparency, which can make it difficult to pinpoint issues. This is an area where blockchain technology can shine because of the way that transactions are recorded and tracked, making it possible to monitor events in real-time and see what’s happening every step of the way.
Up Next in Blockchain
The era of large-scale power plants may be coming to a close, to be replaced by a smart network of microgrid energy systems that can leverage the advantages of distributed ledger technology.
Microgrids and Blockchain Powering our Energy Future
WIRED UK - Chris Baraniuk
French insurance giant AXA has launched a new flight delay insurance product using the Ethereum blockchain. Referred to as 'Fizzy', the product allows travelers to insure trips against a flight delay of two hours or more, utilizing smart contracts to store and process payouts once certain conditions are met.
AXA Uses Ethereum Blockchain for New Flight Insurance Product