PART II – using blockchains to share information in a supply chain
In Part I – the background to blockchain technology, we saw how to use blockchains to mine cryptocurrencies. That prerequisite to entering the world of blockchains having been achieved, this section will show how to use blockchains in a supply chain. This will not involve cryptocurrencies. It opens the path to innovating blockchains with AI.
A supply chain is a chain of production and service that gets a product from a starting point to the consumer. For example, take a roll of fabric (cloth) that is shipped from India to Tunisia. In Tunisia, the fabric is cut into patterns and assembled as clothing. Then the clothing is shipped to France where it is packaged in a box with a brand printed on it. It then goes on to be stored in a warehouse to be shipped to a physical shop or directly to an online customer. We can sum this supply chain up as follows:
Cloth from India -> cut and assembled...