Thriving Business? Start With Blockchain.

Thriving Business? Start With Blockchain.

Blockchain has significant benefits for the industry, from improving the supply chain to getting the most out of people.

Due to a lack of transparency, businesses frequently faced issues such as service redundancy, a lack of collaboration across several departments, and a lack of dependability.

As blockchain is decentralized, manufacturers may share this critical information with their supply chain partners and management for improved coordination.

  • Blockchain records a product's transaction (history, timestamp, date, and so on).
  • Each transaction is saved in a block.
  • Anyone may use blockchain to check a product's validity or status.

Concern about blockchain security?

  • Peer-to-peer connections identify malicious attacks, data cannot tamper with.
  • Blockchain data is verified and encrypted.
  • Distributed system, a transparent and secure way of recording transactions (without disclosing your private information to anyone).

Are you ready for blockchain?

Brendan O'Keeffe CSSCLP

Executive Advisor | Circular Supply Chain & Sustainability

2 年

Great points raised Tony. Certainly it's getting more recognition as part of the supply chain assurance process.

Peter Selby

Trusted Authority On Strategic B2B Growth | Author | Executive Advisor On Business Optimisation & Strategic Growth | Business Strategy & Sales Growth | Scaling and Future Planning

2 年

Thanks for sharing Tony, we are definitely seeing blockchain touching more areas of business than ever before and with comes significant opportunity.

Tony Taslim

Technology Advisor | IT Infrastructure | Visual Insights | Business Process Optimisation

2 年
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