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The Rise Of Blockchain Technology In Businesses, Haiqiang Chen
The Rise Of Blockchain Technology In Businesses, Haiqiang Chen
Undergraduate Student Research Internships Conference
A blockchain is a digitally distributed and decentralized ledger of all transactions across a peer-to-peer network. Using this technology, transaction participants can confirm transactions without a need for a central clearing authority, making the technology a legitimate disruptor for fields like contracts, financing, and supply chain. Benefits of blockchain technology include immutability, efficiencies, and decentralization.
This project poster studied how blockchain technology influences supply chain, logistics, and supply chain finance through case studies. Particularly, this project examined Walmart's 2016 pork pilot program launch, the Haikou and Sanya Port hub in China, and the "We Chain" financing system in Tencent company.