Our Global offices: Singapore | India

Blockchain
Supply Chain & IOT

Supply chain is the sequence of processes involved in the production and distribution of a commodity. Blockchain makes the supply chain transparent, efficient and easy.

Features of our Supply Chain Solutions

Transparency

Transparency

Elasticity

Elasticity

security

Trust & Security

Key Issues in Supply Chain

Data Management & Integration

Due to market expansion, stricter quality, and regulatory standards, enterprises are getting overwhelmed with a massive amount of data coming from different suppliers and consumers from different geographical regions.

Lack of Traceability

Traceability through stages of the supply chain is now more of demand rather than a request among many customers. Lack of traceability causes blind spots in the supply chain and exposure to unnecessary risk.

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Inventory

Infrequent large orders vs. frequent small orders. Large orders will increase the amount of inventory on hand, which is costly, but may benefit from volume discounts.

Supply Chain Attacks

The threat of a supply chain attack poses a significant risk to modern-day organizations, and attacks are not solely limited to the information technology sector.

Core Benefits of Blockchain in Supply Chain

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Smart Contracts

Smart contracts reduce complexity in a supply chain through automated verification and execution of the multiple business transactions involved.

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Scalability

Blockchain will provide the supply chain network scalability. Relying on central server to store data means that the data sharing capacity is limited, however when the data is stored on Blockchain, data availability and access and allocation becomes easier.

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Faster settlement

Blockchain offers faster transactions as compared to the traditional system, making settlements easy and fast due to smart contracts hence making monetary transactions between retailer and customer becomes faster and easier.s

IOT & Blockchain in Supply chain

Blockchain makes the transactional records tamperproof, and IoT establishes a connection between the physical world and the digital world through the means of devices, sensors etc. Blockchain makes the transactional records tamperproof, and IoT establishes a connection between the physical world and the digital world through the means of devices, sensors etc.

Blockchain Supply Chain Projects we have Developed

tech-wine

Wine Supply Chain

tech-pharms

Pharmaceutical Supply chain

tech-shrimp

Shrimp Supply Chain

Read Our blogs on Supplychain & IOT

asset trace

End-to-end tutorial to Trace Asset on Supply Chain

Before diving into the theoretics and hands-on knowledge to trace an asset on the supply chain, I’ll briefly go through the course of the article so that it’s easier for you to navigate through it...

iprights

Protect IP rights using blockchain.

As new technological adaption will be an essential solution to some of the drawbacks, blockchain technology will be one of the main factors to reduce costs and maximize efficiency...

Our Awards And Recognitions

Awards and Recognition
Awards and Recognition
Awards and Recognition

Interested in exploring Blockchain for your business?

Get in Touch

Singapore Office:

111 North Bridge Rd, #21-01 Peninsula Plaza, Singapore
179098

India Office:

448-A EnKay Square, Opposite Cyber Hub, Gurugram, Haryana - 122016,India

Contact Info

Mail us: [email protected]