‘Not High-Performance’: Tradeshift CEO Prudent on Blockchain Supply Chain Potential
As Cointelegraph continues to report, multiple global heavyweights are considering and working on implementing blockchain-based solutions to legacy infrastructure.
“Whenever people say blockchain, I think what they're really saying is they would like to connect things digitally,” he continued, noting:“I don't think blockchain is a mature enough technology yet to carry that ...
I also want to be a little bit cautious for some of the hype.”Lanng also highlighted cost hurdles and the difficulty of creating an “at scale” blockchain deployment.
The innovation has nonetheless already seen some success, as a joint shipping supply chain product from IBM and Maersk received heavy praise from logistics partner CEVA as a “big step forward” in August.
More recently, UK’s leading port operator, Associated British Ports (ABP), signed an agreement with digital logistics enabler Marine Transport International to develop blockchain use for port logistics.
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