Self-Study

Blockchain for Supply Chain

  • Wednesday, March 11, 2020 – Friday, April 30, 2021

  • 4.5
    CREDITS
    Information Technology

Blockchain is a new technology being used to drive corporate transparency. At the core, it is a ledger technology where everyone has a copy, and all transactions are verified before being replicated. In this course, we will take a look at three supply chain interactions and see how blockchain can be implemented to reduce errors, increase auditability, and drive collaboration. The focus areas will be on physical goods, from producer to retailer, digital products, and vendor relationships for royalty payments. In these cases, we will examine how to implement blockchain, determine success and failure factors, and various other implementation considerations. A special note will be spent on privacy, security, and certain regulations with regards to the same.

Objectives

Identify blockchain concepts.
Determine the future of supply chain.
Analyze how blockchain can disrupt the supply chain industry.
Determine the appropriateness of use of blockchain on physical goods.
Select a strategy for blockchain implementation on supply chain for physical goods.
Analyze a scenario where blockchain technology is used to register and track digital products.
Identify why the use of the blockchain technology was appropriate and chosen as the best strategy for implementation.
Determine the appropriateness of the use of blockchain to track sales of vendor software and royalty payment flow.
Select a strategy for implementation of blockchain for digital goods.

Highlights

Blockchain overview
Blockchain implementation
Supply chain
GDPR with blockchain
Blockchain public and private networks in regard to physical supply chain automation, digital goods, and vendor management
The role smart contracts play in supply chain blockchain networks
Focusing on determining appropriateness of blockchain to a solution
Regulatory issues that impact blockchain implementations

Additional Information

Designed For

Anyone looking to understand more about how blockchain can be implemented in a variety of supply chain methods
Accountants looking for more information on blockchain
Managers/decision makers looking to run blockchain projects

Vendor

American Institute of CPAs

Credits

4.50 Information Technology

Course Number

20AIS018

Level of Knowledge

Basic

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