Blockchain technology has overwhelming opportunity. It provides an opportunity to strengthen processes while lowering costs. This is why blockchain, especially for logistics and supply chain management, is a game-changing technology.

Challenge 1: No shared data International container transport brings with it a long list of documents. Required for multiple approval & processes for documents.
Solution 1: Connect the vast global network of carriers, ports and customs authorities. Share one database with blockchain.

Challenge 2: How to ensure product is real, instead of fraud.
Solution 2: Product certificate display each product as data points and identify them. Use these public records to determine that the seller is the actual owner.

Challenge 3: Company unknowingly delivers bad food, takes a long time and leads to enormous costs to recall food.
Solution 3: Good Tracking on combination with sensors and IoT tools, companies can create unchangeable data points on the blockchain.