Blockchain For Supply Chain Solutions

Gain end-to-end visibility, transparency, and full-asset control across your supply chain network

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Blockchain in Supply Chain Management: Build a Transparent, Trusted, and Resilient Supply Chain Network

Supply chain is one of the rapidly evolving industries, with new technologies disrupting operations and processes in today’s era. Businesses that follow traditional supply chain processes such as disjointed data systems and paper-based practices face difficulty in accessing and utilizing a large pile of data. The application of Blockchain in the supply chain management has gained significant attention over the last few years by offering better transparency, traceability, and reduced administrative costs in business operations.

Block Finch offers business-oriented supply chain management solutions to help businesses digitize their supply chains while reducing operational costs and unlocking opportunities without adding risk to their ongoing operations. Supply chain solutions developed by Block Finch expertise allow supply chain leaders to handle disruptions in supply chain operations and build resiliency for the future.

 
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Typical Challenges in Conventional Supply Chain Management

The traditional supply chain management process is beset with a plethora of inefficiencies that lead to information silos and
makes asset tracking a cumbersome and time-consuming task.

Lack of Security and
Transparency
Costly Data Reconciliation
Processes
Disconnected Supply Chain
Participants
Complicated and Manual
Record Keeping Methods
Inefficient Asset Traceability
Error-prone and Delayed
Business Operations

Overcome supply chain challenges with our Blockchain Solutions

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Traditional Supply Chains

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Blockchain Supply Chains

Why Do Supply Chain Networks Run Better on Block Finch's Blockchain-powered Supply Chain Solutions?

Block Finch offers supply chain management solutions to help supply chain leaders optimize their business operations and reduce
inefficiency in data management with intuitive workflows.

Better Visibility and Transparency

Our experts use smart contracts to develop supply chain solutions that give permissioned participants real-time visibility across all supply chain operations and the ability to act earlier in case of any exception.

Streamlined Onboarding

Onboarding a new supplier is a time-consuming and hectic task for both buyers and suppliers. Our supply chain solutions accelerate the onboarding process with an immutable record of new vendor details that could be trusted by network participants.

Reduced Product Counterfeiting

Utilizing Blockchain in supply chain systems helps in anti-counterfeiting and builds customers’ trust. We develop Blockchain supply chain solutions to help businesses avoid illegal activities and identify products’ originality.

Secured Supply Chain Operations

A blockchain-based supply chain solution created by our experts provides security across the entire supply chain network as encrypted records on permissioned Blockchain are safe from unauthorized access.

Seamless Team Collaboration

Multiple participants and entities across the supply chain network effectively communicate with each other without any interruptions. Our Blockchain solutions enable peer-to-peer interactions that can be trusted on the basis of digital signatures.

Features Offered by our Blockchain-based Supply Chain Solution

Our Blockchain-powered supply chain solutions are brimmed with user-friendly and advanced features to help businesses
manage their supply chain operations without any hassle.

Reporting Dashboard
The intuitive reporting dashboard provides real-time access to balance reports and transaction records, enabling complete transparency and well-informed decision-making.
 
User Management
The robust user management system makes it easier to manage stakeholders, block or suspend users, and more. In addition, it helps manage user logins, privileges, permissions, and roles.
 
Multi-currency Wallet
The multi-currency wallet enables secure storage and transfer of cryptocurrencies that may be used to drive transactions on a Blockchain-driven supply chain platform.
Instant KYC and AML
Blockchain-driven KYC and AML verification process accelerates identity verification and simplifies user onboarding every time a new user is added to the supply chain.
Funds Management
The funds management system simplifies the management of funds and provides details, including the total supply of funds, funds in circulation, and more.

Develop a feature-rich Blockchain-powered supply chain solution today

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Blockchain in Supply Chain: The Use Cases

Shipping
A Blockchain-based supply chain solution help businesses transfer their logistics system by freeing it from manual document handling, poor shipment visibility, and legacy data systems.
 
Food Supply
In addition to monitoring the quality of food products and minimizing hotspots of food wastage in the food supply chain, Businesses can utilize a Blockchain solution to track food provenance.
 
Pharmaceutical
End-to-end visibility on a supply chain network helps pharmaceutical companies to prevent counterfeit medicines from entering the chain and reduce overall pharmaceutical costs.
 
Manufacturing
Businesses in the manufacturing sector can use a Blockchain-based supply chain solution to track the spare auto parts, check the provenance of their products, and streamline auto safety recall processes.
 
Healthcare
Streamlining clinical data across healthcare organizations, enabling patients to review their medical data, and keeping the patients’ health data secure are some benefits a Blockchain-based supply chain solution can offer to businesses in the healthcare sector.
 

Why Choose Block Finch as Your Blockchain Supply Chain Application Development Company?

Technical Prowess

We exclusively work in Blockchain technologies. We do one thing, and we do it well.

Expert Team

We have 500+ experts who help you refine your offering, suggest the best tech approach, and even help set up communities and campaigns.

Rapid Development

We deliver customized products suited to your target audience. A coherent roadmap ensures smooth and accelerated development and deployment.

Complete Support

Our work does not end with the product launch. We provide extensive post-delivery services so that you can focus on your growth.

Meaningful Outcomes

We create a tangible impact. We make sure you generate value from your investments.

Our Partners

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Frequently Asked Questions

Blockchain works on a peer-to-peer network of consensus algorithm, which makes the transactions trustworthy and protects them from malicious activities of any third party.
DescriIt is a blockchain-enabled network wherein consensus over unknown nodes is gained over the system of distributed network. Most popular consensus algorithms are POS & POW. option
Blockchain acts as a structured database on a decentralized ledger technology. It is immutable in nature, signifying that once the data has been entered, it cannot be tampered with. Users have full anonymity and blockchain also overcomes the problem of double spending.
The main type of blockchain can be classified as public blockchain, private blockchain and hybrid blockchain. Public blockchain is an open network from where data can be accessed freely while a private blockchain is a permissioned network where a user needs to join the network to access the data. Hybrid blockchain is a mix of above two.
Blockchain technology provides the benefits of faster transaction settlement with improved transparency, security and traceability of transactions. It also improves efficiency of transactions thereby reducing the cost.

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