Supply Chain

Welcome to the future of Supply Chain

Blockchain Benefits

Blockchains technology allow you to improve your supply chain with better traceability of data and documents that are impossible to fake, easy to distribute and far more durable and secure.

Cost Reduction

blockchain enables interoperability between various entities without the need to replace the applications or moving onto a single solution for all those entities on the supply chain.

customer engagement

For the consumer, providing increased visibility into product origin, producer and quality builds loyalty and contributes to a stronger business relationship

Security and trust

Blockchain records and stores every transaction chronologically across the network which enables trust in the source of data coming from multiple data streams

ease of Product tractability

blockchain enables interoperability between various entities without the need to replace the applications or moving onto a single solution for all those entities on the supply chain.

Eliminating Centralization

Blockchain creates one ecosystem where all participants have exactly the same series of the ledger to create one-shared truth without one all-powerful centralized intermediary

purchase process automation

A smart contract can automatically enforce participant-agreed rules and process steps that can facilitate and execute the terms of agreements between counter parties without the need for a human intermediary.

Overview

supply chain management today faces many challenges including Coordinating across multiple, disbursed and often disconnected supply chain actors and difficulty to keep track of inventory and manage the numerous data and regulatory requirements but with blockchain technology the industry can benefits from a shared ledger that’s updated and validated instantaneously with each network participant. The results are greater collaboration, streamlined inventory management and improved asset utilization

Handle the activities of various participants

creating a profile for each participant which enable him to define his own properties and his tracked ones

Follow the workflow progress

manage the flow of information between different entities in the system in a clear way

Enable tracking of properties in the supply chain

Each participant in the system can view the location of his tracked properties and who posses it at the current time

Ease of managing deals

smart contracts will enable the parties to engage in various deals with all the enabled security features