IBM Watson Health's Blockchain Solution to Pandemic Supply Chain Chaos

 

IBM believes the procurement solution lies in blockchain, and a system of vetting, information gathering, and buyer/vendor matching.  Their solution is a platform called IBM Rapid Supplier Connect™ and the process is making it possible for buyers and suppliers – including non-traditional suppliers joining the fight to help keep hospitals and key support organizations ready – to quickly find each other, accelerate verification and onboarding processes, and gain near real-time insights into inventories of life-saving equipment. It combines a scalable blockchain-for-business network, proven supply chain solutions, and a network of dedicated industry and technical experts.