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Notable Impacts of Blockchain Tech on The Supply Chain

The supply chain is not left out in all of these unprecedented disruptions brought about by technology as it has helped in the creation of electronic marketplaces, cost reductions, increase in productivity, the penetration of e-procurement, and a host of other great benefits. The blockchain is designed to record specific transactions and events shared across a network of protocols that play high on transparency and collaboration. With blockchain, companies in the supply chain can include entries for their items, while other associated parties can also access the data for their information to be recorded. Read All

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