In today’s rapidly changing world and global economy, blockchain and supply chain are a winning combination that delivers businesses significantly increased transparency, security, cost-savings, and agility. In discussing the benefits of blockchain, it should be understood that this term has become a popular shorthand for a specific kind of distributed ledger (DL) designed to track and document transactions or digital interactions. In other words, all blockchains are DLs, but not all DLs are blockchains.
Pivot International is a Kansas-based company that designs products such as medical devices and electronic components for sectors including healthcare and agriculture.