Building Trust and Traceability Using Blockchain
Traceability in supply chain is essential for every industry. For example, food traceability is directly related to public health, drug traceability can help prevent counterfeiting and to ascertain authenticity of returned drugs, traceability in garment manufacturing can track forestry sustainability requirements, traceability in many industries including auto can help in effective and fast product recall of specific batches.
To ensure efficiency in the supply chain network there is a need to build trust between the different stakeholders that includes regulators, enterprises and consumers. Blockchain and complementary technologies such as IoT and AI can help build this trust among various stakeholders by helping improved traceability and reliability of information flowing in the supply chain network.
Join us for this webinar to know more and how your organisation can leverage Blockchain to gain trust and reduce cost of compliance.