In the Supply Chain industry, efficient application of Blockchain technology can mitigate and streamline database management, record keeping and reduce costs incurred throughout the supply chain. Through provenance tracking, an accurate summary of the history of a product from its manufacturing date can be accessed with ease, reducing the costs of moving a product in a supply chain. As Blockchain technology is decentralized and immutable, it significantly reduces the possibility of fraud.
- Provenance Tracking
- Enhanced grid management
- Product Traceability
- Reduced overhead costs
- Decentralized, immutable and secure technology
Read our customer success story
We leveraged Blockchain technology to accelerate the supply chain management of our client, a global drinks manufacturing company.