Blockchain Technology Solutions for Supply Chain and Retail

Implementing BlockChain for Supply Chain and Retail

• BlockChain refers to chain of secured blocks connected to each other promoting decentralisation without Single Point of Failure. BlockChain functions and verifies data between computer systems ensuring data integrity.
• Indispensable aspects of BlockChain includes transparency and distributed approach.BlockChain will interpret and analyze the data of customers, will elicit response on accomplishment of certain requirements.
• Implementation of Secure E-commerce portal can reveal whole history of products and customer data reducing man power as well as bad customer experiences.

BlockChain Applications in Retail

• Decentralised Platform
• Better Payment Approach
• Transparency and Integrity of DataBases
• Fraud Prevention and Duplicacy Removal

BlockChain for Supply Chain Management

• Track and Automate Transactions at Real-Time
• Contracts of self -execution
• Power Generation
• Smart IoT applications