Blockchain can be defined as a system which records information in a way that makes it impossible to change based on its unique encrypting method where a unique code is assigned to each piece of data. The recording and distribution of digital information is the main goal of blockchain technology, but it builds in ways to avoid the editing of data in the future.

Safe and timely cargo delivery is the ultimate goal of all parties involved in the shipping industry. It doesn’t matter if the shipment’s final destination is just across Europe or on the other side of the world. Unforeseeable events during transit can come up despite the best planning efforts.

We are all fed up with hearing bad news day every day during the supply chain crisis. So, I decided to not write about all the issues with the supply chain, but rather where those issues will take us as an industry from the corporate to individual level.