Are you aware of any blockchain project actually working in supply chain? All I see is PoCs, PoVs, Potential Benefits... but are any of those PoCs developed being produced?

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There is no production blockchain system in enterprise. Don't believe consultants who tell you otherwise. This shouldn't be a surprise; the frameworks are still under development. I regularly speak to the Hyperledger devs who tell me that it's not production ready; as a developer myself I believe them.

A period of disillusionment has set in in the crypto world and the enterprise blockchain world will follow. I don't mean to say the PoCs aren't great work but it will be a good while before they scale and become widespread.

As an aside I do believe in the technology but Accenture really has no business doing it; it's designed specifically to remove the need for middlemen, authority and bureaucracy, and Accenture are basically professional middlemen whose clients are authorities and bureaucrats.

likefunny

As a developer and knowing how ACN works.
You are totally right. Especially that last statement.

If anything blockchain could attack ACN hard.

No- because you don’t need trustlessness in most cases & can trust, say the manufacturer (e.g. hilfiger) b) in the cases you do, there’s too many parties involved to get going quickly c) there’s no such thing as “blockchain"- either you have digital platforms like corda or you have a specific trustless blockchain (bitcoin is the only one to take seriously)

likehelpful

This is spot on

So many people shilling blockchain for applications where trustlessness is not required

It means you get all the tradeoffs of using blockchain without the benefits, LMAO

Either you haven’t read my message or are being deliberately disingenuous. I explicitly called corda a digital platform and not “a blockchain”. With any reasonable research you would also have understood there is no such thing as “blockchain” only “the x blockchain”. You wouldn’t say “you don’t understand rocket” either. Besides, when you take away the censorship resistance and decentralised nature of the bitcoin blockchain, for example with your “enterprise blockchains”, you take away the core disruptive value proposition and are left with shitty, inefficient databases. Regarding my comment on not needing trustlessness- what I meant is that the extreme trustlessness of the bitcoin blockchain isn’t required in most supply chain use cases & would provide an incremental improvement at best over a legal contract. What most supply chains need first is digitalisation but that’s another topic. I don’t understand your counterargument to taking too many parties to get going. The twenty different parties involved in getting a crate of bananas from Costa Rica to Germany don’t care if the networks are neutral - but feel free to enlighten me how you propose to migrate complete ecosystems onto a bitcoin based system.

like

And by the way if I could like your comment a thousand times, I would.

I'm sick of the number of people out there in consulting and industry who don't realise that blockchains involve a massive trade-off that's only worth it when you need extreme trustlessness. The data storage alone is a huge problem (most of the data is taken up with digital signatures, and this is only gonna get worse when we have to move over to quantum-resistant digital signatures)

And if you remove the 'trustlessness' by moving to a permissioned consensus model, you just end up with a shitty inefficient database, as you said 😅

Cap your comment on not needing trustlessness is misguided. You’re making the same mistake most people do. Most think trust is s characteristic of the partner of your supply chain. It’s not. All organizations operate on a zero trust policy and therefore have high degrees of reconciliation and audit. Supply chains lack transparency. That transparency is achieved by upfront agreement that what you announce to a blockchain can’t be changed incentive and penalty structures, and unforgiving rigor of cryptography will make what data is “announced” provable. Saying it takes too many parties to get going means you don’t understand blockchain, as the networks are neutral and there are a few enterprise blockchain in production. Not to be rude, but any reasonable research and you’d know Corda is not a blockchain. Was built by JP Morgan chase, and is a centrally controller distributed ledger. You’re fishing in the wrong pond.

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Ibm 1 - tradelens took 2 minutes on their website they pull date from blockchain, and they use ibm cloud for permissioned network. Not Blockchain - your whole Ibm blockchain platform is not Blockchain. I don’t even see who you guys are getting away with that sham. Transparency is about customes, they don’t trust so when you centrally control data and have no incentive to be truthful companies are self serving. Pick any number of them, they will deceive in data for profits this is not conspiracy it’s common.

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I am working on tradelens.com. Has been go live for a while

Accenture 1, wish I knew who you were I work for Accenture and would get you on my team and fix your narrative. Your comments on Hyperledger is another misguided narrative. It’s a shame how few people actually do any research themselves these days. You could spend ten minutes on their fabric solution and realize Hyperledger is not Blockchain. Ultimately it is a structure that is allows terms and conditions to be added to a proof of time consensus distributed ledger. The controlling party who implements it first and then picks partners makes it centralized and defeats the purpose of decentralization. Even its own training videos shows ultimately you would connect Hyperledger to a blockchain - ultimately it won’t scale since its no different than an interface. Single points of failure...imagine trying to add 100’s of small vendors to a Hyperledger network...you’d have to build interfaces in their architecture and they may not even have an erp system. What if some leave, you have to change consensus rules or lose network persistence. As a developer I’d expect you’d research them and qualify hyper ledger. Disillusionment is an easy narrative for when people won’t investigate. Imagine saying that when the internet was at this stage. What consultants forget is it’s us that have to innovate not wait for it to mature; that’s missing the purpose of your role.

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