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Examining #Blockchain's Emerging Role in Complex Supply Chains and Logistics

#MIT Enterprise Forum of Cambridge Panel to Discuss Distributed Ledgers for Ensuring Security and Provenance, Addressing Multi-Billion Dollar Scourge of Piracy and Fraud

 

CAMBRIDGE, MA - July 24, 2017 (Investorideas.com newswire) Supply chain security affects every aspect of business. From food safety to pharmaceutical counterfeiting to the piracy of consumer goods, the ability to track a product and its components from producer to customer is vital to protecting brand integrity and the wellbeing of consumers. But, this is nearly impossible with existing approaches and paper trails.

Blockchain is emerging as a potent tool for addressing this vital issue. This distributed ledger technology is poised to help stanch the loss of billions of dollars suffered each year due to product recalls, fraud and the black market.

On Tuesday, September 12, at the MIT Stata Center in Cambridge's Kendall Square, the MIT Enterprise Forum of Cambridge (MITEF) will examine the application of blockchain in logistics and supply chain with a panel of experts at the leading edge of this wave. Emerging Applications of Blockchain for Supply Chains will address, from the perspective of real-world implementations, how blockchain is being deployed today to solve supply chain problems associated with issues ranging from security, safety and authentication to provenance compliance and social responsibility.

Moderated by Michael Casey, noted author and senior advisor, blockchain research at MIT Media Lab, the panel includes:

"Blockchain is being adapted to solve a host of business problems and is especially suited to address challenges associated with tracking today's complex supply chain," said Katja Wald, executive director, MIT Enterprise Forum of Cambridge. "Whether knowing that the jewelry you just purchase doesn't contain conflict gems, the designer handbag is authentic or that the medicine you are about to take is not a counterfeit, blockchain offers both manufacturer and user assurance and visibility that until now has been unattainable."

Event Details:

Emerging Applications of Blockchain for Supply Chains (click for more information and to register)

Tuesday, September 12, 2017

MIT Stata Center, 32 Vassar Street, Cambridge, MA

5:30 - 6:00 p.m. - Registration & Networking

6:00 - 8:00 p.m. - Welcome & Panel Discussion

8:00 - 9:00 p.m. - Networking

The evening is made possible by sponsors CHEN PR, Hamilton, Brook, Smith & Reynolds, Morse Barnes-Brown Pendleton, Withum Audit Tax Advisory and Wolf Greenfield.

About the MIT Enterprise Forum of Cambridge

The MIT Enterprise Forum of Cambridge is the founding chapter and one of 27 worldwide chapters comprising the MIT Enterprise Forum, Inc. Offering more than 40 programs and events annually that inspire innovation, MIT Enterprise Forum of Cambridge initiatives facilitate critical one-on-one mentoring while providing team services that increase the skills and expertise necessary for entrepreneurs to succeed.

MITEF CONTACT:

Katja Wald
MIT Enterprise Forum of Cambridge
617-253-8238

MEDIA CONTACT:

Carro Halpin
CHEN PR for MIT Enterprise Forum of Cambridge
781-672-3132


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