Supply chain and logistics using Blockchain technology Crypto App Factory has the privilege to successfully completed 30+ end to end ICOs with different combinations of tech stacks (Like using the ERC20 token or own Blockchain and Minable coins) and ICO Marketing. We are expanding our offerings into STOs and creating security tokens in own blockchain and a centralized exchange which can support utility coins and security tokens.
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How supply chain works on Blockchain Cryptocurrency is dominating the Blockchain technology and promises to create a world with virtual money that is decentralized and free from the control of central authorities like banks or governments.
The real-time tracking of a product in a supply chain with the help of blockchain reduces the overall cost of moving items in a supply chain. Payments can be processed by customers and suppliers within the supply chain by using cryptocurrencies rather than customers and suppliers rather than relying on EDI.
The term supply chain in the clothing sector refers to the back end of the industry. The supply chain in the clothing industry is made by connecting:
Raw material sources
Factories that use these raw materials and create final products
Distribution network that delivers these clothes to consumers
Applications of blockchain Managing the modern, often global, supply chain is a series of intensive processes that require perfect orchestration between many moving parts and actors. Linking and creating the links to distribute goods and services looks much more like a web than a chain in our increasingly “smaller” global world.
17 Uses of Blockchain Applications that are transforming society Asset Management: Trade Processing and Settlement Insurance: Claims processing Payments: Cross-Border Payments Unconventional money lenders/ hard money lending Your car/ smartphone Blockchain Internet-of-Things (IoT) Smart Appliances Supply Chain Sensors Blockchain Healthcare Blockchain music Blockchain Government
Public value/ community Vested responsibility Blockchain Identity Passports Birth, wedding, and death certificates Personal Identification
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