How Bitcoin’s Technology Could Make Supply Chains More Transparent

Reid Williams is a senior designer and engineer at IDEO Futures, where he works at the intersection of technology, design, and new venture creation. Alongside Joe Gerber, he is kicking off the Bits + Blocks Lab, a pop-up blockchain startup creation lab hosted at the Harvard Innovation Lab.

This post, which examines how the technology behind bitcoin could make supply chains much more transparent, is part of the Humans + Bits + Blocks series.

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Whether we buy a taco or an iPhone, we’re at the receiving end of a supply chain that often stretches around the globe. Usually we don’t think much about it, and this is a good thing. But sometimes it’s important to know more. Taking a bite out of a taco involves a certain amount of trust: trust that the kitchen that made the taco is sanitary, that the ingredients that went into it are fresh, and that the taco tastes good.

This trust is critical, but there’s so much more we could know. We could create entirely new relationships with the stuff we buy, namely where it came from and how it arrived in our hands. Blockchains offer

Read more ... source: CoinDesk