The United Kingdom’s national standards body, British Standards institution (BSI), has partnered with blockchain company OriginTrail to increase supply chain transparency. The partnership was reported during a January. 24 press release.

BSI, that has operated since 1901 and had a reportable revenue in 2017 of 473 million GBP (about $616 million), says it wants to use the company’s blockchain-based protocol to boost the choices businesses need to prove their supply chains are compliant with numerous regulations.

The partnership is one among several that OriginTrail has cemented over the past year since completing its initial coin offering (ICO) last January.

“In today’s progressively interconnected world, transparency and traceability throughout the provision chain is important,” BSI’s chief executive Howard Kerr commented in the press release, adding:

“This strategic partnership aims to produce our clients with the power to demonstrate the credibility of their compliance through the digital records of the assessments and certifications they have achieved from BSI.”

In practice, the partnership can specialise in 5 key areas. These, as per the release, can assist BSI clients in meeting regulation standards, managing business risk and products recalls, and gaining additional info and data from world supply chains.

Clients are already able to apply for blockchain services, that BSI describes as being in a pre-release part at the time of the announcement.

Globally, blockchain technology is creating considerable inroads into the supply chain sector, Cointelegraph reporting on multiple partnerships emerging this month alone.

Participants within the ongoing World Economic Forum in Davos were served fish tracked through one such blockchain supply chain integration on the the first night of the event.

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