- Supply Chains – blockchain can help quickly resolve disputes, and can add
visibility and transparency to the supply chain enabling a consistent real-time
view.
Why Use Blockchain on Azure?
- To simplify development by cutting development time and using modular
networks and infrastructures that are preconfigured. - Up and running at speed - blockchain scenarios can be iterated and validated
very quickly with connections to Azure built-in, along with tools you already
know how to use. - Confident Innovation – scale as you need to and keep everything secure with
a cloud platform that is open, global and trusted.
Example Scenario
Perhaps the most common of the blockchain patterns is asset monitoring enabled by
IoT. The asset is monitored as it traverses a supply chain with multiple parties and a
good example would be the refrigerated transportation of goods that are perishable
because, throughout the entire transportation process, they must meet specific
compliance rules.
The initiator, perhaps the retailer, will specify the conditions of the contract –
temperature range, humidity, etc. – that must be strictly adhered to along the supply
chain. The contract is a smart contract that, should the device take a reading that does
not comply with the contract, it will update to indicate that compliance is not being met;
a transaction gets recorded on the blockchain and remediating events, also entered into
the contract, is automatically triggered. Everything is visible and the entire transaction,
from start to finish, is transparent and verifiable.