Leveraging the blockchain’s potential to enhance transparency, scalability and security, we help businesses transform their supply chain ecosystem. Traceability and transparency are the most important foundations of logistics and supply chain both at scalar and global business networks. Blockchain can add new value to supply chain in terms of inefficiencies of lack of interoperability and inconsistent data.

Benefits of Blockchain for Supply Chain:

Secure Interactions

Tracking of shipment to the right customer has been one of the major concerns for the shipment team. Since blockchain acts as a single point of interaction between all parties in the supply chain where only chosen participants can access the data, shipment tracking can be assigned to a specific individual with permission access.

Fair Trading

Blockchain-based Supply Chain Solutions can verify the product’s origin, materials, manufacturer and more. Blockchain can help reduce counterfeit goods and support ethical trade, environmental protection and human rights.

Resilient Supply Chain

Supply chains are usually restricted by one-down/one-up visibility. However, a blockchain supply chain solution offers a single, shared version of the truth and provides greater visibility at every step of the supply chain process.

Read more at https://www.leewayhertz.com/blockchain-supply-chain/