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Blockchain technology has the potential to solve some of government’s most difficult problems. One promising area is the Department of Defense’s (DoD) supply chain network—one of the largest and most complex in the world, with thousands of supply chain partners across the globe.
Among the challenges that blockchain can address for defense organizations:
Blockchain technology can address these problems by providing a single source of truth—a shared, secure, and immutable record of DoD supply chain transactions.
Among the key features:
Blockchain has the potential to significantly transform DoD supply chain networks. And defense organizations don’t have to wait for a full transformation to get started. With the right expertise, they can pilot blockchain-based solutions in parts of their operations and begin to realize the many potential benefits of blockchain technology.