How smart technology is changing the supply chain [Q&A]

Suppliers, distributors and customers alike are faced with rising supply chain costs, partly as a result of disruption caused by the COVID-19 pandemic. The idea of smart contracts, using blockchain and the IoT to automate contract execution, has been around for a while. But is now the time for them to start coming into their own, and how can they benefit enterprises? We spoke to William Fox, chief product officer at smart contracts specialist Data Gumbo, to find out. BN: How is the uncertainty of rising supply chain costs due to COVID-19 impacting contract terms between suppliers and their counterparties?… [Continue Reading]