The logistics and supply chain industry has been one of the main fields for Blockchain adoption in the past few years. In 2018, the number of companies looking into the technology to ease the process of delivery and make the supply chain more traceable will likely continue to grow rapidly, as the latest players to announce plans for Blockchain adoption were South Korean electronics giant Samsung (KS:005930) and Walmart (NYSE:WMT), the world’s largest discount retailer.
While Blockchain’s potential to improve the logistics industry has already been academically proved, the number of industry players continues to grow. At this point, it includes such giants as Maersk, IBM (NYSE:IBM) and FedEx (NYSE:FDX). Blockchain is becoming a useful tool for tamper-proof product tracing for any supply, from pork to diamonds.