The single most important function of commerce is the distribution of goods and services, as it enables consumption. Technology helps boost the speed of distribution as globalisation drives the demand for acceleration. Accelerating supply chains lies at the heart of growth for everyone producing goods and delivering services.
Packaging impacts several relevant functions within the value chain of a product. Besides the transportation function, it is an important marketing tool and an instrument for supply chain control and a guarantee of product authenticity.
Smart Packaging and the Internet of Things will become more and more relevant in the future to provide information about a product in a digitalised form. To guarantee the accuracy of the provided information, it is crucial for it to be stored in a non-hackable database, like a blockchain. Furthermore, blockchain technology can provide a real-time overview on supply chains, which can be used to improve it and to ensure that no counterfeit goods are contaminating it.