Mercedes-Benz embraces blockchain in supply chain management

German-based Automobile Mercedes-Benz has added supply chain management as a frontier it intends to integrate blockchain in.  In a statement, Sabine Angermann, Head of Purchasing and Supplier Quality for Raw Materials and Strategy at Mercedes-Benz Cars, said that incorporating blockchain technology into the brand procurement methods and supply chain would be transformative. He added that the complexity of global supply systems is increasing, so with its blockchain prototype, there are bound to be numerous application possibilities that will increase supply chain transparency beyond its direct suppliers. Recall that Mercedes Benz’s profound interest in Blockchain was heightened after it organised an