Why Every Supply Chain Business Needs Blockchain for Real-Time Tracking
In today’s fast-paced and competitive market, running a supply chain isn’t as simple as moving products from point A to point B. Businesses need to be quicker, smarter, and more transparent than ever before. From sourcing raw materials to getting finished products into customers’ hands, every step needs to be traceable, accurate, and reliable. This is where blockchain technology steps in — offering a smarter, tamper-proof way to track products and transactions in real time, no matter where they are in the world. What’s the Problem with Traditional Supply Chains? Let’s face it — most traditional supply chains are built on outdated, disconnected systems. Data is scattered, processes are slow, and it’s hard to get a clear, real-time picture of where your products are or what condition they’re in. Some of the common challenges include: Struggling to track products as they move through multiple parties Not spotting bottlenecks or delays quickly enough Finding it tough to verify the authenti...