Defense Minister Florence Parly has signed an agreement addressing one of the biggest risks in the area of corporate cybersecurity. With the 8 major arms manufacturers (Dassault Aviation, Nexter, Thalès, Ariane Group, Safran, MBDA, Airbus and Naval Group), the Ministry of Defense wants to secure its supply chain by having the guarantee that cyber protection are respected by all of its suppliers.
The rapid sharing of information, in continuous flow, between the various links of a supply chain is a necessity for productivity. This connectivity between the parties is however not spared risks. Although originally blockchain technology was only used for financial transactions, in this context and if it is applied in the context of exchanges between the parties, it offers many advantages. It can help companies strengthen cybersecurity every step of the way, maintain a competitive advantage, optimize customer value and streamline supply chain management.
In order to simplify the chain of command processes, transform their supply chains and cut costs, large manufacturers are opting more for blockchain. Improving digital data security is perhaps the most promising prospect for the supply chain.
Blockchain is a perfect tool for validating each step in the supply chain, including the authenticity of software and hardware. Widespread adoption across the supply chain industry cannot be achieved quickly, although it has brought about positive developments.
The most important obstacles in blockchain are reach and cooperation, due to its distributed nature. All parties must also adhere to the platform and agree to comply with the standards inherent in blockchain in order to ensure optimal data security as well as end-to-end visibility.