Yesterday, standards body GS1 US published a new guideline, ‘Applying GS1 Standards for Supply Chain Visibility in Blockchain Applications.’ The document aims to assist companies to implement GS1 standards in blockchain systems and efficiently share data among supply chain participants.
GS1 US outlined common use cases for blockchain in the supply chain, including food and drug traceability, product provenance and trade automation in retail. GS1 standards include various types of item numbering. The application of these, as well as a common vocabulary offered by Electronic Product Code Information Services (EPCIS), can be leveraged in blockchain solutions.
“Launching any blockchain program without first adopting standards means supply chain partners risk-sharing potentially bad data on a permanent ledger,” said Kraig Adams, vice president, blockchain at GS1 U.S.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
