How Blockchain Can Transform Supplychain And Logistics?
What is Blockchain Technology? Blockchain is a distributed database used to hold records of digital data or events in a way that makes it tamper-resistant. The stored information exists in multiple copies that are spread over multiple computers, known as nodes. These nodes are connected to the blockchain network which gets an updated version of the ledger every time when a new transaction takes place. Supply Chain, Transportation, and Logistics - Explained Supply Chain The supply chain is a system of organization, activities, information, people, and resources involved in the creation of a product from raw material to the final product to the end-users. As supply chain management is a very important part of the business process it comprises of various functions that start with meeting customers' requirements and development , marketing, operations, distribution networks, finance, and customer service. Transportation In business, transportati...