Luis Macias is the CEO at GrainChain, a Texas-based blockchain platform for facilitating contracts, records, payments, financing, and other transactional data for supply chain ecosystems. GrainChain has nearly 1500 active participants on its blockchain supply chain platform – including suppliers, farmers, inventory elevators, and buyers of dry grain in Mexico, Honduras, and the United States.
In this episode, Luis and Derek talk about the problems that exist today with supply chain management for all unique players during a commodities’ lifecycle. They also discuss the path of automating out human error and mistake by integrating blockchain solutions for tracing and settlement and using adjacent technologies like IoT. Finally, Luis talks about the perfect storm of problems caused by COVID-19 that’s currently disrupting supply chains all across North America.