Blockchain and cryptocurrency will usher in a new era for supply chains

© Thomas Jurkowski

Major shippers of perishables are expecting widespread adoption of blockchain technology and cryptocurrencies in the next decade.

At the recent TPM conference in Long Beach, Chayenne Wiskerke, chief executive of Wiskerke Onions, the world’s largest shipper of onions, said cryptocurrencies could potentially solve one of the largest problems her company faced.

“At least 40% of my trade is with Africa and the main challenge is a shortage of liquidity in many countries. We have a lot of problems getting payments and, while it’s ...