Blockchain in Supply Chain

Digitally track the journey of your products across the supply chain, with greater visibility and efficiency.

Harness Blockchain Technology for your Supply Chain: Build a Smarter Supply Chain

Supply chain is one of the rapidly evolving industries, with new technologies disrupting operations and processes daily. The potential of Blockchain in Supply Chain Management (SCM) is gaining significant attention, with the development of Proof of Concept (POC) across diverse sectors. The promising opportunities for improvement include better transparency, traceability, and reduced administrative costs.

At Antier Solutions, we offer business-oriented solutions for integrating Blockchain into supply chain management. By leveraging our solutions, you can digitize your supply chain while reducing operational costs and unlocking opportunities without adding risk to your ongoing operations. Act now to modernize your supply chain and prepare your business for the future.

Build better products with Insurance over Blockchain

The traditional supply chain management process is beset with inefficiencies, including the following:

Lack of Visibility

Diverse record-keeping and reporting systems result in incomplete, siloed, and unreliable manifests, certifications, bills of lading, and more. Lack of visibility poses challenges in identifying the provenance of data.

Costly Data Reconciliation Process

Supply chain management leads to a large amount of duplicate data. Huge efforts and tedious, costly reconciliation processes are required to track data across the supply chain, from start to finish.

Disconnected Supply Chain Participants

A supply chain involves various independent participants – such as producers, brokers, transporters, processors, wholesalers, retailers, and consumers – who may lack trust and be hesitant to share data.

Lack of Transparency

The current supply chain management process often faces challenges knowing the real-time location of goods. In addition, the system lacks a solution to find the source of flawed parts and the origin of previously shipped goods.

Lack of Product Traceability

The vague, untraceable product characteristics lead to ambiguity in the product information. Traceability problems are a result of inefficient and manual record-keeping and supply chain complexity.

Delayed Operations

Supply chains still rely on error-prone manual processes – whether it is preparing lading bills, record-keeping, maintaining information, and more. This manual intervention slows down the operations across the supply chain.

Silversoft’s Solution: