blockchaininsupplychain

  The supply chain system is an integral part of every business. But, the current supply chain process is complex and has many pitfalls that need to be eliminated for better efficiency. Thanks to the arrival of blockchain technology, which is decentralized, immutable, and secure, and also paves the way for gaining prodigious benefits in supply chain management.   Blockchain in supply chain management   is evolving, and many companies are utilizing its ultimate features to boost their business. In this blog, let’s see the different ways blockchain technology revives supply chain management and helps to implement powerful businesses. What is Blockchain Technology? Blockchain is a decentralized ledger technology that records every transaction and stores it in various nodes across different places. Enhanced transparency, automated smart contract execution, high speed, and smart security are the advantages of blockchain that could impact multiple industries in different ways. Traditional Su