Blockchain In Supply Chain Management

Blockchain in Supply Chain Management

PROBLEMS AND SCM AND WHY BLOCKCHAIN PLATFORM FOR SUPPLY CHAIN MANAGEMENT?
Technology gets advanced day by day and simultaneously problems such as data manipulation, hacking, and fraudulent activities increase rapidly in almost all the sectors. Supply Chain Management is also a victim. No matter how much a product is safeguarded, there will always be an open gate for hackers and fraudsters.

 Also, the demand for greater speed, increased quantity, and cheaper utilization is increasing rapidly. The idea of Blockchain platform in supply chain management was proposed to eradicate the recurring problems and provide legit & accurate solutions to the logistics sector. If properly employed, Blockchain will act as the end card for counterfeiters and promote businesses with track-ability and transparency, while ensuring safety and privacy.




Footnotes

Blockchain Supply Chain Use Cases | Blockchain Platform For Supply Chain | Blockchain Technology For Supply Chains

Comments

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