Summary of pilot projects and initiatives for implementing BCT
| Drivers of BCT’s deployment | base | Case description | Source |
|---|---|---|---|
| To achieve end-to-end supply chain (SC) visibility, increase trust and digitalise global trade documents and processes | IBM–Maersk | Nearly 100 stakeholders involved in global trade have registered on the BC platform TradeLens jointly initiated by IBM and Maersk that promises to reduce fraud and administrative costs while improving the traceability and efficiency of cargo transport | Maersk (2019) |
| To increase food safety and improve transparency and traceability | IBM and consumer products and food businesses | To increase the traceability and safety of food products, Walmart and Carrefour have joined the IBM Food Trust solution built on IBM’s BC platform, which various other retailers, suppliers and growers of such products (e.g. Dole Food Company, Driscoll’s, Kroger, Nestlé, Tyson Foods, Unilever, Wakefern Food Corporation and Topco) have also begun using | Galvin (2019) |
| To increase authenticity and ensure the provenance of products | Provenance | Provenance, a UK-based company offering BC-enabled solutions, offers the tracking and tracing of products for more than 200 retailers and producers in various industries, including food, beverages and fashion | Provenance (2019) |
| To track the origin, authenticity, quality and ownership of luxury products | Everledger | UK-based Everledger’s BC solution aims to track and trace the authenticated origin of various high-value products (e.g. diamonds, art, rare wines and luxury goods) and detect fraud in their sale and purchase | Everledger (2020) |
| To replace paper-based documentation with smart contracts | BP–Royal Dutch Shell | A consortium of companies, including energy giants BP and Royal Dutch Shell, have developed VAKT, a global BC-based digital platform for energy-commodity trading that is expected to reduce trading errors and cut costs | VAKT (2020) |
| To deliver enhanced transparency in automotive SCs | Icertis–Daimler AG | Daimler AG has partnered with Icertis to use BCT to enhance transparency in Daimler’s complex SCs | Daimler (2020) |
| To increase the legitimacy and integrity of medicines | Accenture–DHL | DHL and Accenture have run a BC-based pilot project to detect the tampering of pharmaceutical products and reduce the risk of counterfeit medicines | DHL and Accenture (2018) |
| Drivers of BCT’s deployment | base | Case description | Source |
|---|---|---|---|
| To achieve end-to-end supply chain (SC) visibility, increase trust and digitalise global trade documents and processes | IBM–Maersk | Nearly 100 stakeholders involved in global trade have registered on the BC platform TradeLens jointly initiated by IBM and Maersk that promises to reduce fraud and administrative costs while improving the traceability and efficiency of cargo transport | |
| To increase food safety and improve transparency and traceability | IBM and consumer products and food businesses | To increase the traceability and safety of food products, Walmart and Carrefour have joined the IBM Food Trust solution built on IBM’s BC platform, which various other retailers, suppliers and growers of such products (e.g. Dole Food Company, Driscoll’s, Kroger, Nestlé, Tyson Foods, Unilever, Wakefern Food Corporation and Topco) have also begun using | |
| To increase authenticity and ensure the provenance of products | Provenance | Provenance, a UK-based company offering BC-enabled solutions, offers the tracking and tracing of products for more than 200 retailers and producers in various industries, including food, beverages and fashion | |
| To track the origin, authenticity, quality and ownership of luxury products | Everledger | UK-based Everledger’s BC solution aims to track and trace the authenticated origin of various high-value products (e.g. diamonds, art, rare wines and luxury goods) and detect fraud in their sale and purchase | |
| To replace paper-based documentation with smart contracts | BP–Royal Dutch Shell | A consortium of companies, including energy giants BP and Royal Dutch Shell, have developed VAKT, a global BC-based digital platform for energy-commodity trading that is expected to reduce trading errors and cut costs | |
| To deliver enhanced transparency in automotive SCs | Icertis–Daimler AG | Daimler AG has partnered with Icertis to use BCT to enhance transparency in Daimler’s complex SCs | |
| To increase the legitimacy and integrity of medicines | Accenture–DHL | DHL and Accenture have run a BC-based pilot project to detect the tampering of pharmaceutical products and reduce the risk of counterfeit medicines |
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