Blockchain Explained V

partners.
Benefits
1.
increased e
ffi
ciency and transparency across
the 
supply chain.
2.
risk management improved through the near real time 
update of all contracts.
Why? 

---

©
201
6
IBM Corporation 
23
Use Case – Smart Refrigerator
What?
•
Value of connected smart devices limited by 
ability to interact with business systems
How?
•
Blockchain to manage automated 
interactions with the external world
•
ordering and paying for food to arranging for 
its own software upgrades and tracking its 
warranty. 
Benefits
1.
business value from connected technology
2.
e
ffi
ciencies in network and supply chains.
3.
status transparent to all network members
Why? 

---

©
201
6
IBM Corporation 
24
Use Case – Open, Trusted Supply Chain
What?
•
Consumers demanding transparency on where and 
how their products are made. 
•
EU requires more information about corporate 
supply chains, with penalties for non-compliance. 
How?
•
Blockchain
enable safe digital transfer of property 
across the end to end supply chain.
Benefits
1.
verifiable,
preventing any party from altering 
2.
e
ffi
ciencies through greater transparency
3.
consumers can make informed purchases
4.
governments get reliable information
Why? 

---

©
201
6
IBM Corporation 
25