US Cybersecurity Agency Recommends Integration of Blockchain in Supply Chain
Reading Time: 2 minutes by Dalmas Ngetich on November 10, 2020 Blockchain
The United States Cybersecurity and Infrastructure Security Agency (CISA), in a report dubbed “Building A More Resilient ICT Supply Chain: Lessons Learned During the COVID-19 Pandemic,” published on Nov 6, said the blockchain technology can help in resolving supply chain problems in light of the coronavirus pandemic.
Assessing the Impact of Coronavirus in Supply Chain and How Blockchain Comes in Handy
In the report, the agency’s goal was to assess the supply chain’s impact from the coronavirus pandemic — a highly contagious viral disease that is still claiming lives in the United States and around the globe.
As the world was attacked by the healthcare crisis, transportation was severely affected as borders were closed as governments jumped in to prevent exponential spread.
CISA calls on ICT companies to engage in scenario planning for different types of events and map out alternatives for a speedy restoration of normalcy, especially in the supply chain.
In their view, blockchain–a solution that provides real-time visibility in the supply chain, can come in handy. It could further help address transportation and logistical bottlenecks. Notably, companies that had robust contingency plans fared better in delivering their products and services to the market: