Blockchain and the New Silk Road
Description
On Monday 14 May 2018, the KIVI Kring Drechtsteden is organising a lecture given by Dr Klara Paardenkooper, Senior Lecturer and researcher Rotterdam Business School (RBS) and Chain manager RDM Center of Expertise.
Blockchain and the New Silk Road
Blockchain is a new disruptive technology, which is still in the phase of inflated expectations in the hype cycle of Gartner. This means that according to Gartner it will take 5 to 10 years until it is implemented on a large scale in practice. However, there are already numerous initiatives to apply Blockchain in the logistics sector, often in combination with Internet of Things. The main applications of Blockchain are tracking and smart contracts. With the right implementation Blockchain can increase the trust and transparency between parties, simplify processes, eliminate paperwork and decrease transaction costs. A transport connection, such as the New Silk Road, where the cooperation of numerous parties in different countries is needed, an implementation of Blockchain might improve the efficiency substantially. This presentation firstly explains the possibilities of the application of Blockchain in logistics and secondly the New Silk Road and thirdly elaborates on the potential of its implementation of Blockchain on it.
Speaker(s)
Klara Paardenkooper, Senior Lecturer and researcher Rotterdam Business School (RBS) and Chain manager RDM Center of Expertise
Location
Wantijpaviljoen, Wantijpark 1, 3312 AV Dordrecht
Organiser
Circle Drechtsteden
Name and contact details for information
Ron Dolstra