NTT DATA And Skuchain partner to bring blockchain to enterprise supply chains

NTT DATA And Skuchain partner to bring blockchain to enterprise supply chains

Jan 29, 2018 

By JAMES HENDERSON 

Skuchain, Inc. and NTT DATA have entered into a partnership to empower enterprise supply chains with blockchain to extract maximum value from the $18trn dollar market for global trade.

In a release, the companies said that in the same way the Internet gave birth to e-commerce, blockchain provides the foundation for collaborative commerce, in which enterprises are uniquely able to work together to unlock gains.

Under the partnership, Skuchain and NTT DATA will finish building an integrated blockchain IOT platform that combines Skuchain’s blockchain-based EC3 platform with NTT DATA’s iQuattro platform for systems integration.

The result, the companies say, is a commercial solution for enterprises that captures the value hidden in their large supplier base with secure logistics management, cash flow relief and collaborative inventory planning.

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