BlockChain for Supply Chain Management
Provide greater efficiency and accountability through your entire supply chain. A blockchain solution can help deliver higher value to your customers and your business.
Accountability and transparency are 2 of the main pillars of supply chain logistics.
Accountability and transparency are 2 of the main pillars of supply chain logisitcs. Blockchain can help optimize transactions with secure networks on blockchain.
Blockchain offers a shared ledger that is updated and validated in real time with each participant.
Blockchains are about a rapid transfer of value.
An great way to envision the blockchain is to picture an un-editable spreadsheet that is duplicated thousands of times across a network of computers. Changes to the spreadsheet are mandated by a series of rules. Once information is validated, it’s permanently added to the spreadsheet. The spreadsheet is updated on every computer when new information is added. Once updated, the spreadsheet is a publicly available record of each change. There’s no centralized location for this spreadsheet, making it extremely difficult to compromise.