In an article for Coindesk, Michael J. Casey, the chairman of CoinDesk’s advisory board who is also a senior advisor for blockchain research at MIT’s Digital Currency Initiative, wrote about the implications of blockchain technology for the supply chain. While several logistics companies are raving about how their industry will be disrupted for good, Casey points out another emerging technology that, if used in conjunction with blockchain technology, can restructure the industry even further:
“…the biggest change for global trade is yet to come,” he wrote. “That will be when the Internet of Things, 3D printing and other automating technologies finally free manufacturing from the constraints of geography. At that moment, blockchain technology could come into its own, enabling an entirely new paradigm of decentralized, on-demand production and forcing a realignment of global economic power.”
