Blockchain technology is uniquely positioned to help create trust, transparency, and accountability between many parties in supply chain scenarios.
A Blockchain-based solution that helps in determining and proving provenance of a product and securely track & trace exactly where product is in a Global Supply Chain.
Blockchain offers tremendous potential in supply chain scenarios. When used in combination with sensor technologies such as IoT and RFID, blockchain promises network participants unprecedented visibility. Blockchain also enables parties to set up pre-arranged “smart contracts” that can be used to automatically trigger compensation or fines based on compliance with agreed-upon rules for the farming, manufacturing, and transportation of goods.