German Chem Giant BASF Testing Blockchain for Supply Chain Solutions 2017
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The German chemical company, offers a new and interesting application of blockchain in creating and maintaining supply chains.
The company has sought solutions to deliveries that are either incomplete or damaged. Together with startup Quantoz, BASF is creating smart pallets that inform distributors about location and movement, as well as loading status and impact. The goal is to mitigate loss and unexpected damage to shipments.