Rewind a decade or two? Have you ever thought of having a barcode strip in your daily life products for easy tracking or billing of products in the provision stores? But, today’s life barcode strips made everything simple in your grocery stores. Integrating Blockchain in supply chain management is a similar stepping stone of incorporating transparency, decentralization in your day-to-day consumer products. To grab a crystal clear idea on the supply chain and implementing blockchain to manage them, let’s glide through these concepts in detail! What is a Supply Chain? A supply chain is a flow of products right from the raw materials to finished consumer products. Tracing the entire supply chain by integrating various industries is hectic. For example, if you are into the industry of agro products, you must manage the raw materials, chemicals like pesticides , fertilizers, water, and the allied consumer products like oil, veggies, the waste materials after c...
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