How can a Blockchain Development Company Assist Supply Chains in achieving transparency and resilience?
Every organization is trying to solve the same problem: how to keep its supply chain honest, efficient, and resilient in the face of disruption. A blockchain development company can deliver visibility, functionality, and measurable outcomes, rather than just promises.
With blockchain, once information is recorded, it cannot be changed. As a practical example, a shipment of raw materials, a batch of products manufactured in a facility, or a transfer of goods between warehouses can all be logged in an immutable ledger and shared transparently with the same level of protection across the network.
IBM, KPMG, Merck, and Walmart demonstrated in a pharmaceutical pilot that blockchain technology can reduce the time to identify and alert partners affected by a recall from as many as 3 days to as few as 10 seconds. This shows how blockchain can rapidly close dangerous visibility gaps in supply chains.
Speed combined with precision creates resilience in the face of disruption. When a recall, border shutdown, or shortage occurs, companies no longer need to rely on guesswork to identify where things went wrong.
To know more visit :- https://www.antiersolutions.com/blockchain-development-services/