Table 2.

Summary of pilot projects and initiatives for implementing BCT

Drivers of BCT’s deploymentbaseCase descriptionSource
To achieve end-to-end supply chain (SC) visibility, increase trust and digitalise global trade documents and processesIBM–MaerskNearly 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 transportMaersk (2019) 
To increase food safety and improve transparency and traceabilityIBM and consumer products and food businessesTo 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 usingGalvin (2019) 
To increase authenticity and ensure the provenance of productsProvenanceProvenance, 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 fashionProvenance (2019) 
To track the origin, authenticity, quality and ownership of luxury productsEverledgerUK-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 purchaseEverledger (2020) 
To replace paper-based documentation with smart contractsBP–Royal Dutch ShellA 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 costsVAKT (2020) 
To deliver enhanced transparency in automotive SCsIcertis–Daimler AGDaimler AG has partnered with Icertis to use BCT to enhance transparency in Daimler’s complex SCsDaimler (2020) 
To increase the legitimacy and integrity of medicinesAccenture–DHLDHL and Accenture have run a BC-based pilot project to detect the tampering of pharmaceutical products and reduce the risk of counterfeit medicinesDHL and Accenture (2018) 

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