In 2009 Satoshi Nakamoto released the first decentralised cryptocurrency – Bitcoin. It was the first implementation of blockchain technology.
Blockchain is mainly associated with cryptocurrency. Yet the specific blockchain type utilised for this relatively new financial use case is just a tip of an iceberg. Recent approaches incline towards enterprise usage. Employing blockchain into Supply Chain Management (SCM) enables to track product or service subsequent states in the business flow. Business partners can join the blockchain network to either read or write information to the ledger history.