Traceability and Blockchain – Important considerations for business readiness and interoperability.
Companies are under pressure to embrace new technologies to meet growing consumer demand for safer food and pharmaceuticals, and transparency, traceability and verifiability of the products they buy. One solution that is rising to the top is blockchain technology—and industry is coming together to cut through all the hype.
A new paper that was co-authored by five GS1 Member Organisations and Global Office is now available. It spells out the business and technical considerations that businesses should be considering when implementing solutions using blockchain technology —and how GS1 can support industry in defining a roadmap that can lead to interoperable and scalable standards-based data exchange.
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For more information on GS1's innovation, IoT and Blockchain efforts, visit: www.gs1.org/standards/internet-of-things