Blockchain is the revolutionary technology which empowered Bitcoin very successfully and with its unique features like security, reliability, automation, decetralized, temper-proof and highly customizabiliity, it can be successfully implemented for Supply Chain Industry as well.
“Competition is no longer between companies, but it is between Supply Chains” Industry Leaders are emphasising these days on ” Key Trends and Challenged in Supply Chain” is the most important factors that shapes the development of the Supply Chain best practices in the future.
Blockchain is a revolutionary technology behind the popular cryptocurrency “Bitcoin” It will prove as a Boon to Supply Chain due to its core features of fast transaction settlement, Low cost, Transparency & Audits, Reliability and Security.
A powerful temper proof Distributed Ledger Technology in the backbone of ‘Bitcoin’ has potential of empowering wide spectrum of enterprises by building up trust, reducing time and makes hackproof system.