Yesterday, Gartner published an
article saying that 80% of supply chain blockchain initiatives will remain at proof-of-concept or pilot stages through 2020. The research firm cited the focus of projects on a technology-first approach as the reason for slow maturity. In other words, starting with the technology and looking for a solution rather than the problem that needs solving.
Compared to banking and insurance, which need digital-only use cases, supply chains need to connect physical goods and transportation events to the blockchain. Additionally, supply chain stakeholders need to understand how they can digitalize these processes, introducing a learning curve.
“Many organizations believed that blockchain could help navigate this complexity and pushed to create robust use cases for the supply chain,” said
Andrew Stevens, senior director analyst with Gartner Supply Chain practice. “However, most of these use cases were inspired by pilots from the banking and insurance sector and didn’t work well in a supply chain environment.”
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