supply chain Archive
How Blockchain Technology is Ensuring Fair Trade and Freshness in Your Morning Coffee?
September 28, 2023
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Gearing up your body with hot drinks? Are we consuming pure and fine products? The complexity of the food supply chain is exploited by fraudsters as they purposely adulterate, tamper, and substitute one product with another for their economic profits. But this can be solved by advanced digital technologies. Blockchain is already disrupting many industries,
Blockchain-Backed Food Traceability [An Overview]
July 26, 2023
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Do you Know?The average food plate of an American is sourced from 5 different states or countries! Sounds truly like a global affair! The food on your plate may have travelled hundreds or even thousands of miles before reaching your local grocery store. The current world population is approximately 8 billion. The demand for food
Energy Efficiency and Sustainability in Blockchain
July 5, 2023
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The road to energy efficiency is, in theory, a sustainability sweepstake. More efficiency means that less fuel is required to generate a given amount of energy, which in turn means lower costs for the provider and cheaper prices for the customers. Jens Martin Skibsted We are moving towards a net-zero carbon emission mission with a
7 Advantages of Using Smart Contracts!
January 24, 2023
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Smart contracts are computer-coded protocols that execute automatically when the predetermined conditions are met. They help us to verify, manage, or carry out agreements. Blockchain technology, which powers smart contracts, processes every transaction in a contract, eliminating the need for middlemen to carry out the transactions. Here is a list of 7 major advantages of
How can blockchain be used in supply chain management?
January 20, 2023
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There are a number of potential uses for blockchain technology within businesses. One of the most complex areas where blockchain could be used is in supply chain management. Blockchain could be used to track the movement of goods throughout the supply chain, from manufacturing through to delivery. This blog gives insights into how blockchain plays
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