Topic: supplychain

The supply chain system is an integral part of every business. But, the current supply chain process is complex and has many pitfalls that need to be eliminated for better efficiency. Thanks to the arrival of blockchain technology, which is decentralized, immutable, and secure, and also paves the way for gaining prodigious benefits in supply chain management. Blockchain in supply chain management is evolving, and many companies are utilizing its ultimate features to boost their business. In t...

Blockchain technology has the potential to turn the tables, helping industries and businesses by streamlining supply chain management. Blockchain is an open-source, distributed ledger that can record business transactions between participants in a secure, verifiable, and permanent way. It’s designed as tamper-proof, hacker-proof, and makes data sharing to be secure and easy. The main important feature is guaranteeing the authenticity of the information that is stored in the system. This te...