Blockchain: Hype oder Innovation?

1. 00:00Another field of application of blockchain technology is logistics.
2. 00:04In logistics we know we have a lot of parties, exchange information with each other,
3. 00:10from procurement to storage, production, distribution and also customers a great deal of data is created, that need to be replaced.
4. 00:21We see a supply chain is emerging, the data is exchanged in the supply chain between numerous parties,
5. 00:31from raw material extraction to the end consumer.
6. 00:34And very many parties also need access to the data, and they also have different authorizations.
7. 00:40It's all gotta be organized, it's all got to be managed.
8. 00:44And of course this also makes it clear that the Blockchain technology is again the right remedy.
9. 00:50So you can do this supply chain management blockchain-based, so that you can organize that, what a blockchain does with cryptographic evidence,
10. 01:01namely with those blocks that are connected there of these individual data, that one does not presuppose there any more a confidence,
11. 01:08that all the partners that are still needed today in such a chain, that they trust that the data they're getting that the activities they perform are measured properly.
12. 01:20In addition the Blockchain technology offers of course an easy way to manage these users.
13. 01:29The second major issue is logging.
14. 01:32These mass data, which are available at the most diverse places are incurred by a wide variety of partners
15. 01:36but which are important for the following partner, for example because it is about payment or other services,
16. 01:44the secure logging of the data across this entire supply chain, across this entire supply chain, fail-safe,
17. 01:53forgery-proof, traceability, these, of course, are the key points, Blockchain technology can offer here,
18. 02:02to organize a blockchain-based supply chain management.
19. 02:06And this is also important in the field of logistics, the very decentralized, often widely ramified participant network,
20. 02:14what is necessary to remove such a product from its production to the end customer, there must be a whole series of Contracts are concluded between a large number of intermediate parties.
21. 02:29Of course, this can also be done using blockchain technology. with Smart Contracts,
22. 02:36so when a particular destination is passed. or when a particular partner hands over a particular service, a certain truck is going off,
23. 02:45that this is exactly triggered, i.e. captured, via this data then also checked and documented, logged with it is
24. 02:54and that of course also the financial topics, who is to pay for what service, can also be recorded very easily and reliably.
25. 03:04And IoT is also used in logistics, like when we have a product, that has to pass through the entire supply chain,
26. 03:17from the producer to the final consumer, then you can bind an IoT device to this product, and this IoT device has a lot of sensors
27. 03:27and collects all the information such as temperature and humidity, for example,
28. 03:33and it's all stored transparently in the blockchain.
29. 03:37You remember, IoT, that was the Internet of Things, with these sensors.
30. 03:42Here are a few concrete projects now.
31. 03:45For example, modum makes a project with the Internet of Things and blockchain technology.
32. 03:52Drugs are a very sensitive commodity, and when you look at a supply chain of drugs, it's not always transparent.
33. 04:02Then you don't know at the end how it was stored.
34. 04:05modum offers a product, for example an IoT device, a device, which then takes all the information, like temperature. and storage condition of this medication.
35. 04:19and in the blockchain stores across the entire supply chain.
36. 04:23And other projects include IBM and Maersk. They offer a solution for due shipping and logistics industry,
37. 04:37but also a very large company like Foxconn is working together with Dianrong, and they want a blockchain-based supply chain, financial platform.
38. 04:51So first of all, for financial services. across the entire supply chain, across the entire supply chain on which the block chain is stored.
39. 05:00They want to start with the automobile, in the electronics and apparel industries.
40. 05:06All payments and transactions in the supply chain should then become more transparent and manageable. can be stored on the block chain,
41. 05:17and that offers efficiency throughout the supply chain.
42. 05:21Efficiency, transparency, with these very many participants in a supply chain like this where there's no instance,
43. 05:32who has so much faith over all this, that she's conducting this.
44. 05:38No, this is another typical Application example for a peer-to-peer network,
45. 05:43where the blockchain can be used very sensibly.

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