October 21 2019
Corporate fraud comes in many colors, but for many businesses, the most unexpected threat is the one looming from within company walls.
This week, IBM announced a collaboration with Raw Seafoods to develop a blockchain solution to address supply chain fraud in the seafood industry, including cases of incomplete documentation and mislabeling. Distributed ledger technology (DLT) is also the tool of choice for Chainvine, which uses blockchain to mitigate against the risk of supply chain fraud in the wine industry, the Financial Times reported last week.
