INSEAD
Web3 and Blockchain Transformations in Global Supply Chains
INSEAD

Web3 and Blockchain Transformations in Global Supply Chains

This course is part of Web3 and Blockchain in Global Commerce Specialization

Taught in English

Some content may not be translated

Don Tapscott
 Alisa Acosta

Instructors: Don Tapscott

1,789 already enrolled

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Course

Gain insight into a topic and learn the fundamentals

4.7

(26 reviews)

Beginner level
No prior experience required
12 hours (approximately)
Flexible schedule
Learn at your own pace

What you'll learn

  • The roles of key participants in the global trade network and where the needs of each participant align with the value characteristics of blockchain

  • What it means to "tokenize" an asset, and approaches to securing the physical-digital interface

  • Examples of sensor-based logistics, and IoT challenge areas that show promise for blockchain-based solutions

  • Blockchain solutions for provenance, traceability, ethical sourcing, and asset life-cycle management

Details to know

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Assessments

21 quizzes

Course

Gain insight into a topic and learn the fundamentals

4.7

(26 reviews)

Beginner level
No prior experience required
12 hours (approximately)
Flexible schedule
Learn at your own pace

See how employees at top companies are mastering in-demand skills

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This course is part of the Web3 and Blockchain in Global Commerce Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 5 modules in this course

Global trade has grown in complexity and magnitude over millennia, but its processes remain relatively unchanged. This module explores how blockchain can help modernize global trade and link together other capabilities for the twenty-first century. In this module, you will learn how various participants in the global trade network stand to derive unique value from blockchain technology—including banks and financiers, corporations, freight forwarders and carriers, customs and port authorities, regulatory bodies, and insurance providers. You will explore the ways that blockchain serves to link together organizations, industries, and technologies, and fosters an approach to collaboration that will drive new efficiencies.

What's included

8 videos4 readings4 quizzes1 discussion prompt

Most supply chains today still rely heavily on opaque, time-consuming, and costly processes. Documentation is largely paper-based and handled manually. Approvals from multiple parties at each checkpoint often cause delays and are susceptible to fraud on cross-border orders. Catching mistakes in compliance and quality control is difficult. In this module, you will learn how blockchain can help mitigate the complexity of global supply chains by building trustable digital relationships among partners, goods, and customers.

What's included

9 videos5 readings5 quizzes

The Internet of Things (IoT) revolves around connectivity, identification, sensing, remote monitoring, and actuation of physical objects. In the context of global supply chains, the application of IoT to sensor-based logistics enables cargo data—such as location, temperature, humidity, pressure, shock, and light exposure—to be captured and transmitted to multiple parties, allowing them to improve overall visibility and respond to unexpected deviations. In this module, you will learn how blockchain can help achieve autonomous and contract-based communication between physical things, providing an auditable record for products in transit.

What's included

8 videos4 readings4 quizzes

Provenance and traceability are vexing challenges for a wide range of companies and their supply chains. A supply chain represents all links between parties involved in creating and distributing goods, starting with suppliers of unprocessed raw materials and ending with the delivery of a finished product to the consumer. The application of blockchain for provenance in supply chains aims at providing deep-tier visibility into the origins of a product. In this module, you will learn how blockchain has the potential to provide unprecedented supply-chain visibility in near real time, serving to combat counterfeit goods, enable ethically-sourced materials, track food safety from farm to fork, and increase buyer trust.

What's included

7 videos4 readings3 quizzes1 discussion prompt

Globalization and volatility in demand require an increasing degree of flexibility in the production of goods and equipment. Blockchain has the potential to redefine economic structures and value flows that underpin supply-chain decision-making. This module explores three opportunities for blockchain in reshaping—or perhaps reversing—-global trade. First, you will learn how blockchain enables new models for distributed manufacturing, facilitating interactions between buyers and manufacturers to streamline production processes. Second, you will explore blockchain’s role in securing end-to-end additive manufacturing (AM) processes, with smart contracts serving as a security layer underpinning AM transactions. Third, you will learn how blockchain facilitates asset life-cycle management, providing a shared and immutable product memory and trail of actionable data over an asset’s life cycle between multiple parties. The module concludes with a discussion of the enabling considerations for blockchain in global trade, including business considerations (e.g. governance, standards, regulations) and technology considerations (e.g. scalability, interoperability, and integration with legacy systems).

What's included

10 videos3 readings5 quizzes

Instructors

Instructor ratings
4.9 (12 ratings)
Don Tapscott
INSEAD
18 Courses127,178 learners
 Alisa Acosta
3 Courses8,438 learners

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INSEAD

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