Procurement Magazine October 2024 | Page 199

RYAN MURPHY

RYAN MURPHY

TITLE : GLOBAL & US FORENSICS LEADER , PARTNER
COMPANY : PWC US INDUSTRY : ACCOUNTANCY LOCATION : CHICAGO , US
Ryan leads the US Investigations and Forensics Services Practice . He specialises in fraud investigations , forensic accounting , and compliance matters for diverse multinational clients . With extensive international experience , Ryan excels in preparing evidence for prosecution and litigation . His expertise spans financial analysis , forensic accounting , and dispute resolution across various legal contexts and regulatory bodies . can have real continuity of data and information and business rules from one end to another .
“ If you think about a typical supply chain , you can create digital tokens for the assets . You can move them from manufacturer to integrator , out to distributor and to the transport system and you can use smart contracts to basically manage those business relationships . Things like volume discounts , special pricing agreements , price lists . And if you can do those things with privacy , you can build a really robust model where instead of recreating data at every company , you ’ re actually moving a token .”
The Future is bright ( and blockchain-shaped ) As we look to the future , one thing is clear : blockchain in procurement is not just a passing fad : it is here to stay and it is transforming the landscape .
It promises a world where every transaction is traceable , every contract is smart and every supplier is verified .
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