Episodes
Monday Jan 29, 2018
Blockchain Yields Strong Potential in Global Supply Chain Management
Monday Jan 29, 2018
Monday Jan 29, 2018
Investors looking to diversify their portfolios and gain access to the multi-billion-dollar global blockchain industry should have some exciting options as 2018 progresses, particularly when it comes to the $13 billion global supply chain management (SCM) market. The immutable, distributed ledger technology known as blockchain can deliver numerous SCM efficiencies that could revolutionize logistics for a variety of sectors, including oil and gas. Petroteq Energy, Inc. (TSX.V: PQE) (OTCQX: PQEFF) (PQEFF Profile) has already envisioned this future of networked intelligent devices, and has initiated the development of the oil and gas industry’s first dedicated blockchain-based based SCM platform, PetroBloq. Investors can also look to diversification into this burgeoning new space via first-movers like oil and gas giant BP (NYSE: BP), and tech companies like IBM (NYSE: IBM), Advanced Micro Devices (NASDAQ: AMD) and Eastman Kodak (NYSE: KODK).