Hyperledger has launched its sixth cross-industry Special Interest Group (SIG), the Hyperledger Supply Chain SIG, to facilitate focused technical and business-level conversations related to appropriate use cases for blockchain technology across Supply Chain management. The new group will cover a broad range of topics, including logistics, provenance, authentication, track-n-trace, related IoT utilization, and similar inter-related areas of interest. SIG participants will also contribute requirements to Hyperledger’s supply chain project, Grid. Hyperledger Grid intends to provide reference implementations of supply chain-centric data types, data models, and smart contract based business logic – all anchored on existing, open standards and industry best practices.
The distributed ledger of blockchain is already enhancing collaboration among shippers, carriers, and forwarders as well as producers and manufacturers, who themselves represent every industry imaginable. Blockchain is taking on a growing role in ensuring reliable tracking of goods in Logistics and Supply Chain and has the potential to help reduce delays caused by manual, often “paper-based” cross-border, settlement, tracking, and regulatory processes.
There are many challenges to overcome before blockchain elements like DLT and smart contracts can be deployed widely in the logistics and supply chain industry. According to DHL’s research, “Likely the biggest challenge will be achieving successful industry adoption through collaboration and even co-opetition between diverse Logistics and Supply Chain stakeholders that have legacy processes and varying interests.”
The new Hyperledger Supply Chain SIG, led by chair Jay Chugh, Senior Director, Oracle Cloud, and vice chair Joshua Q. Satten, Senior Director of Blockchain (North America), Wipro Limited, is designed to address some of these challenges by bringing the collective wisdom of the community in a vendor-neutral, open source manner, using the various available components of the overall Hyperledger open-source blockchain framework.
This SIG will serve as a platform for the community to share knowledge and build collaborative efforts, learning from each other’s experiences, successes, and challenges. The potential for blockchain in Logistics and Supply Chain will be predicated by moving from concepts and pilot applications to viable deployable solutions, built on lessons learned via open collaboration.
“Blockchain is a game changer for Supply Chain transparency and efficiency. Hyperledger’s Supply Chain SIG aims to harness the collective wisdom of experts in blockchain and supply chain to collaboratively bridge the gap between real world and theory, and advance the adoption of Hyperledger blockchain in supply chain.” – Sarabjeet (Jay) Chugh, Senior Director, Oracle Blockchain, and SC-SIG Chair
The Hyperledger Supply Chain Special Interest Group
The Hyperledger Supply Chain Special Interest Group (SC-SIG) represents a global membership of logistics and supply chain professionals united in advancing the state of the supply chain industry through the implementation of enterprise-grade technology solutions utilizing the Hyperledger greenhouse of business blockchain frameworks and tools.
The activities of the Supply Chain SIG will include:
“Addressing distributed & decentralized frameworks for enterprise and cross-industry Supply Chain management is a truly unique need that will be addressed through this new Hyperledger SIG. What makes this special is the confluence of players coming together to advance standardization and adoption including those from transportation, logistics, and major companies from just about every major industry you could think of; whether you’re in consumer goods, technology, aviation, commodities, or just about any other non-virtual business, a company’s supply chain is something that exists as the core of both of its current profitability and its future desired operating model.” – Joshua Q. Satten, Senior Director of Blockchain (North America), Wipro Limited, and SC-SIG Vice Chair
How to get involved in Hyperledger Special Interest Groups
SIGs gather community members from an industry segment to work on domain-specific problems and create an environment for open discussion, document co-creation and solution proposals. SIGs help specific vertical markets in their efforts to address problems specific to that particular community. Hyperledger now has six SIGs, including ones focused on healthcare, telecom and social impact.
Participation in any SIG is open to everyone in the community. Each group has an open e-mail list, a Chat channel, and a wiki page. Live meetings are also held regularly via web teleconference. When needed, a task force can also be created within the SIG and have working sessions to discuss specific work items.
If you’re interested in joining the Supply Chain SIG, please subscribe to the mailing list and join the Chat channel where meeting details will be announced. You also can visit https://wiki.hyperledger.org/display/SCSIG or find a list of other community meetings on the Hyperledger Community calendar. We look forward to your participation and contributions!