The United States Cybersecurity and Infrastructure Security Agency (CISA) has summoned blockchain technology to help supply chain planning and recovery in future international crises.
In its report, Building A More Resilient ICT Supply Chain: Lessons Learned During The Covid-19 Pandemic, CISA states that blockchain technology can be utilized to map out alternative methods of managing logistics networks and also assist with the speedier recovery once systems go down.
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The COVID-19 pandemic has caused cryptocurrency into the spotlight much more than anyone could have foreseen, from the rise in CBDC development worldwide to Bitcoin’s recognition as a store of value.
Now it’s the turn of blockchain to get some headlines on the back of the pandemic, with CISA specifically mentioning the technology in its report into how logistics businesses can protect against another international incident like the COVID-19 pandemic:
To reduce the impacts of transportation and logistics issues, ICT companies can engage in scenario planning for different types of events and map out the alternatives that can allow the supply chain to be restored as efficiently as possible. To further assist in these efforts, companies can utilize technology platforms that provide real-time, blockchain visibility into available logistics capacity.
CISA Says Blockchain is Set to Move Up
The logistics and supply chain sector industries have long been considered one of the biggest potential beneficiaries of blockchain technology. CISA seems to believe that the technology is ready to step up to the plate and not just help streamline bloated logistics services in general but specifically in crisis times.
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