ASTERI Blockchain for Supply Chain Management
Greater visibility
Greater visibility into the origin and movement of goods and more accurate and timely supply chain data to address inefficiencies and risks in today’s global value chains. Without a way to synchronize information among multiple parties along the supply chain, each organization records its version of the truth, leading to errors, high costs, and reputational and financial risks. What if buyers, suppliers, shippers, and other supply chain actors could transact in a trusted network that keeps everyone in sync, in real-time and in strict privacy?
Enable global trading
What are the use cases of blockchain for the supply chain? By leveraging the ASTERI blockchain in the supply chain, Distributed Ledger Technology (DLT) applications enable global trading partners to transact securely and with consensus over shared facts to increase efficiency, transparency, and visibility. Blockchain use cases for supply chain include immutability into the provenance of goods, the elimination of reconciliation pain across multiple parties. The real-time visibility to perform track and trace analysis, assess risks, and accelerate physical and financial supply chains
Greater visibility
Greater visibility into the origin and movement of goods and more accurate and timely supply chain data to address inefficiencies and risks in today’s global value chains. Without a way to synchronize information among multiple parties along the supply chain, each organization records its version of the truth, leading to errors, high costs, and reputational and financial risks. What if buyers, suppliers, shippers, and other supply chain actors could transact in a trusted network that keeps everyone in sync, in real-time and in strict privacy?
Enable global trading
What are the use cases of blockchain for the supply chain? By leveraging the ASTERI blockchain in the supply chain, Distributed Ledger Technology (DLT) applications enable global trading partners to transact securely and with consensus over shared facts to increase efficiency, transparency, and visibility. Blockchain use cases for supply chain include immutability into the provenance of goods, the elimination of reconciliation pain across multiple parties. The real-time visibility to perform track and trace analysis, assess risks, and accelerate physical and financial supply chains
Use cases and applications
- Smart contracts on ASTERI Blockchain provide a single source of truth for supply chain records – these can be verified by all stakeholders, delivering transparency to all parties
- As ASTERI Blockchain is a permissioned blockchain, regulators can access information about the supply chain in a secure environment, reducing penalties for noncompliance
- Parties can capture and verify the origin, quantity, movement, location and transfer of materials, raw ingredients and finished products on-demand
- Gain control and complete visibility of your supplier network—including shipping, logistics, insurance, and more—enabling your business to grow faster and more profitably
- Maximize efficiency by understanding the location and flow of products within your supply chain—from the stage of raw materials to post-delivery