cxo voice
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News Blockchain

Blockchain Set to Supercharge Global Supply Chains by 2025 : Report

Santosh Kumar by Santosh Kumar
October 18, 2018
blockchain

A new report by the Capgemini Research Institute today reveals that blockchain could become ubiquitous by 2025, entering mainstream business and underpinning supply chains worldwide. Through investment and partnerships, the distributed ledger technology will dominate manufacturing as well as consumer products and retail industries, ushering in a new era of transparency and trust.

The UK (22%) and France (17%) currently lead the way with at-scale and pilot implementation of blockchain in Europe, while the USA (18%) is a front-runner in terms of funding its initiatives. These “pacesetters” are optimistic that blockchain will deliver on its potential, with over 60% believing that blockchain is already transforming the way they collaborate with their partners.

The study also found that cost saving (89%), enhanced traceability (81%) and enhanced transparency (79%) are the top three drivers behind current investments. Furthermore, blockchain enables information to be delivered securely, faster and more transparently. The technology can be applied to critical supply chain functions, from tracking production to monitoring food-chains and ensuring regulatory compliance. Enthused by the results they are seeing, the pacesetters identified in the study are set to grow their blockchain investment by 30% in the next three years.

Despite the optimism surrounding blockchain deployments, concerns remain around establishing a clear return-on-investment, and interoperability between partners in a supply chain. The majority (92%) of pacesetters point to establishing ROI as the greatest challenge to adoption, and 80% cite interoperability with legacy systems as a major operational challenge.Additionally, 82% point to the security of transactions as inhibiting partner adoption of their applications, undermining its status as a secure technology.

Sudhir Pai, Chief Technology Officer for Financial Services at Capgemini said, “There are some really exciting use cases in the marketplace that are showing the benefits of blockchain for improving the supply chain, but blockchain is not a silver bullet solution for an organization’s supply chain challenges. Blockchain’s ROI has not yet been quantified, and business models and processes will need to be redesigned for its adoption. Effective partnerships are needed across the supply chain to build an ecosystem-based blockchain strategy, integrated with broader technology deployments, to ensure that it can realize its potential.”

In a previous report conducted earlier this year with Swinburne University of Technology in Australia, Capgemini found that experimentation in blockchain will peak in 2020 as organizations explore proofs of concept and branch out from Fintechs. According to the report, blockchain transformation will mature in 2025 as organizations undertake enterprise transformation and integration, establishing policies for privacy and data management.

ADVERTISEMENT

Professor Aleks Subic, Deputy Vice Chancellor (Research and Development) of Swinburne University of Technology said, “Organizations trust blockchain technology to solve key issues and create new business opportunities, and it lends credibility to the digital ecosystem across the supply chain. We believe that blockchain technology will play an integral role in the digital transformation of supply chain channels for a wide range of industries in the near future.”

Despite the barriers facing blockchain today, organizations are trying to drive wider adoption now while the technology is in its early stage. One example is the Mobility Open Blockchain Initiative (MOBI), a consortium comprised of a group of auto and tech companies focused on getting carmakers to assign digital identities to vehicles so that cars and systems can transact with each other.[4]

Current industry use cases

Capgemini Research Institute’s report identified 24 use cases for blockchain, ranging from trading carbon credits, to managing supplier contracts and preventing counterfeit products. Capgemini applied these use cases to retail, manufacturing and consumer products, finding that blockchain can be and is being used for tracing the production, provenance and inventory of contracts, products and services.

The report highlights that consumer product organizations are notably focused on tracing and identifying products, with Nestlé, Unilever and Tyson Foods implementing blockchain trials. Retailers are focused on digital marketplaces and preventing counterfeits, with the likes of Starbucks investing in blockchain trials. More critically, blockchain can safeguard food supplies, tracing food from farm to fork, to head off contamination or product recalls.

Sudhir Pai concludes, “Our study underscores blockchain’s potential but also shows that currently there are few large-scale implementations of this technology and clear barriers to adoption. Organizations should use our analysis of the pacesetting organizations to understand how feasible blockchain is for them, strengthening their blockchain program, and turning hype into a reality.”

Research Methodology

The Capgemini Research Institute surveyed around 450 organizations where blockchain implementation is underway in their supply chain as a proof of concept, pilot or at-scale. The research probed their approach to blockchain, the applications they are implementing and the challenges they are facing in scaling their initiatives. The respondents were drawn from across the consumer products, retail and manufacturing industries.

 

You May Would Like to Read: Technology Trends for 2019 

Santosh Kumar

Santosh Kumar

Senior Writer at CXO VOICE. His email is [email protected]

Related Posts

SolarWinds Expands Global Presence With New Office in Bengaluru
Press Release

SolarWinds Expands Global Presence With New Office in Bengaluru

October 3, 2025
IBM and AMD Zyphra
Technology

IBM and AMD Power Zyphra’s AI Revolution

October 2, 2025
Sophos Advisory Services
Cyber Security

Sophos Launches Advisory Services to Deliver Proactive Cybersecurity Resilience

October 2, 2025
Fujitsu at CEATEC 2025
News

Fujitsu to Unveil AI technologies for human augmentation at CEATEC 2025

October 1, 2025
Tech Mahindra and Canal Insurance
Business

Tech Mahindra and Canal Insurance Form Partnership to Boost Digital Changes in P&C Commercial Auto Insurance

September 30, 2025
Tata Power Tata Power
Business

Tata Power and VE Commercial Vehicles Unite to Boost Electric Mobility

September 30, 2025
Genpact AI
Business

Genpact Unveils Advanced Insurance Policy Suite to Reinvent Insurance Buying

September 26, 2025
LTIMindtree BlueVerse
Technology

LTIMindtree Unveils BlueVerse RightAction: AI Governance Framework for Autonomous Agents

September 26, 2025
Load More
ADVERTISEMENT

Latest Updates

SolarWinds Expands Global Presence With New Office in Bengaluru

SolarWinds Expands Global Presence With New Office in Bengaluru

by News Desk
3 hours ago

IBM and AMD Zyphra

IBM and AMD Power Zyphra’s AI Revolution

by Arshi Khan
23 hours ago

Jagat Shah, Chairman & CEO of MITSUMI Group

Leadership in Emerging Markets: Exclusive Interview with Jagat Shah, Chairman & CEO of MITSUMI Distribution

by Deepa Sharma
24 hours ago

Sophos Advisory Services

Sophos Launches Advisory Services to Deliver Proactive Cybersecurity Resilience

by News Desk
1 day ago

Fujitsu at CEATEC 2025

Fujitsu to Unveil AI technologies for human augmentation at CEATEC 2025

by News Desk
2 days ago

Tech Mahindra and Canal Insurance

Tech Mahindra and Canal Insurance Form Partnership to Boost Digital Changes in P&C Commercial Auto Insurance

by Arshi Khan
3 days ago

Expert Views

AI in Hiring
Opinion

AI in Hiring: Separating the Hype from Real-World Use Cases

September 19, 2025
Why Even One Unpatched Device Can Be a Catastrophic Risk for Startups and SMBs
Cyber Security

Why Even One Unpatched Device Can Be a Catastrophic Risk for Startups and SMBs

July 25, 2025
Cyber Criminals
Cyber Security

How WormGPT Became ChatGPT’s Evil Twin

July 15, 2025
When AI Empowers Both Networks and Hackers: The New Battlefield for India’s Telecoms
Opinion

When AI Empowers Both Networks and Hackers: The New Battlefield for India’s Telecoms

May 20, 2025
Molly Sands AI
AI

AI RIP: 5 Things Knowledge Workers Will Say ‘Sayonara’ to in the Next Decade

March 8, 2025

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Interviews

Jagat Shah, Chairman & CEO of MITSUMI Group
Leaders Talk

Leadership in Emerging Markets: Exclusive Interview with Jagat Shah, Chairman & CEO of MITSUMI Distribution

-
Tokenization
Interview

Revolutionizing Finance: An Exclusive Interview with Sid Ugrankar, Co-founder of Qila.io on the Future of Blockchain and Tokenization

-
Steve Wilson, GenAI Cybersecurity LLMs
Cyber Security

How effective is GenAI in cybersecurity? The role of LLMs and AI in security solutions. [Interview with Steve Wilson]

-
Interview on Counterfeit products with Nikhil Narayan
Leaders Talk

Advancements in ML & AI made it possible to detect counterfeit products in real-time, says Nikhil Narayan

-

Entrepreneur

Top Leadership Skills Entrepreneurs Need in the Age of AI

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

CXOVoice.com is a leading online publication for CXOs, entrepreneurs, senior leaders, developers, and industry professionals. Our coverage spans key sectors, including IT, technology, banking, finance, cybersecurity, engineering, and automobiles.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

[email protected]
  • Home
  • About Us
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

Copyright © 2025 CXOVoice - All Right Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release

Copyright © 2025 CXOVoice - All Right Reserved