Foxconn 4.0
Research Overview
Author: Nolan Bauerle
Release Date: October 23, 2017
Abstract:
Foxconn is among the first manufacturers to implement blockchain technology in its supply chain. This project looks at Chained Finance, which consists of a procurement market and the handling of logistics, accounting, inventory, finance, and sales functions. Participants’ visibility into orders and the movement of assets enables them to provide trade finance and short-term loans to tier 2 and tier 3 suppliers as needed and at better rates than the traditional financial system.
Copyright 2017 Blockchain Research Institute ™.
This video is exclusively available for distribution to employees of BRI member companies.
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Copyright 2017 Blockchain Research Institute ™.
This infographic is exclusively available for distribution to employees of BRI member organization.