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  • Today digital technologies are transforming the supply chain,

  • benefiting everyone from small farmers in Africa

  • to buyers of diamond rings.

  • For smallholders in developing countries

  • the inability to hold a record of transactions often

  • makes it impossible to get good access to credit, exposing them

  • to predatory lenders.

  • But blockchain technology might improve this situation.

  • In Zambia, software company BenQ has joined drinks company AB

  • InBev to give cassava and barley farmers a record which

  • is accessible by mobile phone of all the sales to their company.

  • This enables them to build a history, which

  • in turn lets them secure loans and win contracts.

  • Digital technology can also allow corporate buyers

  • and consumers to discover more about the sustainability

  • and the ethics of their purchases.

  • If a ledger uses blockchain sensors and scanning

  • technologies to track and authenticate

  • the origin of seven types of valuable assets,

  • including diamonds, wine, and works of art.

  • The company uses a digital ledger

  • to see the assets at every stage in the supply chain.

  • And works with certification houses

  • to give assets, such as diamonds,

  • and each diamond is as unique as a snowflake,

  • a digital thumbprint or authentication.

  • Meanwhile, IBM's Food Trust initiative

  • uses the internet of things, artificial intelligence

  • and blockchain to capture and share information

  • along the supply chain.

  • This can reduce food waste and quickly identify the source

  • of any contamination.

  • And means recalls are much easier to manage.

  • And to tackle problems such as deforestation,

  • the sustainability consultancy South Pole taps

  • into a range of tools, including big data and satellite mapping.

  • The company can assist climate risk

  • and how the activities of companies, governments,

  • and others are affecting the world's forests.

  • The goal is then to reduce the carbon footprint

  • of their supply chains.

  • One digital technology at a time, the supply chain

  • is becoming ever more efficient and transparent.

Today digital technologies are transforming the supply chain,

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