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Accenture believes blockchain is the next frontier of supply chain management

Transportation Logistics Patent Forecast®

June 18, 2019

Accenture believes blockchain technology will be instrumental in optimizing supply chains. In March of 2016, Accenture evidenced this belief by hiring Joseph Francis, an expert in digital supply chain transformation. Since hiring Francis, Accenture has filed a patent application to use blockchain technology to store tracking metric and geographic location data. The patent application published in March of 2019 represents Accenture’s dedication to the idea that blockchain can reduce common inefficiencies in supply chains through the use of “smart contracts” and a “common blockchain journal of data for all parties”. 


Relevant Patent Documents

Application US20190080284  

Article Source Link

Accenture.com


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This sector analyzes the use of technology in the shipping industry. Opportunity exists for companies to use emerging technology to better utilize cargo space and connect that space to shippers who need it, all while reducing costs.

Transportation Logistics   Patent Forecast®

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This sector analyzes the use of technology in the shipping industry. Opportunity exists for companies to use emerging technology to better utilize cargo space and connect that space to shippers who need it, all while reducing costs.



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