How IoT And Blockchain Could Eliminate Counterfeit Goods Across The Supply Chain
Anyone with a supply chain has the potential to be tricked into purchasing counterfeit materials, and customers are constantly in danger of buying products that are nearly indistinguishable from the real thing. But combining IoT technology with blockchain to build a total inventory tracking system could be the solution.
"Pairing [blockchain and IoT] can create a shared, distributed ledger capable of recording the origin, location, and ownership of raw materials and products at each stage of the value chain—giving manufacturers, partners, and customers the transparency and authentication they need.”
To learn about your options for integrating IoT into your supply chain operations....and what the best fit solutions are for your specific application(s) and existing business model. ....simply ask us at the following link. It's FREE and as easy as 1, 2, 3.
Labels: Block Chain, Industry 4.0, IoT, Supply Chain, Supply Chain Management, Supply Chain Operations