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What applications can we build on top of block chain technology?
"Scotland didn't focus on the need to develop grids, ports and the supply chain technology," he says.
With the rapid globalization of markets, integrating supply chain technology has become increasingly complex.
From precision farming to an efficient food supply chain, technology could bring major economic, social, and environmental benefits.
Lack of access to cold chain technology and reliable energy sources are the major reasons for crops perishing after harvest, research by Nottingham University shows (pdf).
"Nobody trusts people in political office right now," said Jeff Johnson, 59, a supply chain technology manager in Medina and a Renacci supporter.
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"Today's announcement is significant in that it brings bitcoin and other block chain technologies closer to mainstream adoption," said Tom Robinson, a board member of the UK Digital Currency Association, which has been involved in the Treasury's consulation process.
As Slone et al. [67] point out; keeping up with supply chain technologies is essential to achieving supply chain excellence.
It featured discussions on the state of the coal value chain, technologies on the horizon that may have the potential to address the environmental impacts of coal use, and options for public policy to spur deployment of innovative coal technologies.
It is too soon to judge the success of these initiatives - or the blockchain in general - but the future looks to be an exciting place in supply chain technologies.
Part of that is down to advances in supply-chain technology.
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