The United Kingdom’s national standards body, the British Standards Institution (BSI), has partnered with blockchain company OriginTrail to increase supply chain transparency. The partnership was reported in a Jan. 24 press release.
BSI, which has operated since 1901 and had a reported revenue in 2017 of 473 million GBP (about $616 million), says it wants to use the company’s blockchain-based protocol to enhance the options businesses have to prove their supply chains are compliant with various regulations.