How Blockchain Will Redefine Supply Chain Management

When does blockchain become a significant technology in supply chain management? Only when it adds value by automating interactions and by building trust, notes Stefan Gstettner, partner and associate director at Boston Consulting Group. Gstettner expects blockchain to have the greatest impact in dispersed networks with many participants. “It will have most impact in complex environments and less impact in, say, one factory.” In a conversation with Knowledge@Wharton, Gstettner discusses how blockchain can transform supply chain management, and some of the myths and realities that surround it.