Shared Block chain systems
Supply chain management
- Separate Legacy systems
- Silos of information
- Paper Based – Redundancy and duplication of efforts
- Discrepancies
- Vulnerability to tampering and leakage of information ( information can be included which may be incorrect or incomplete)
Shared Block chain system
- Permissioned ( functional distribution and top level consolidated view)
- Create Tokenized assets , QR codes for tracking
- Cryptography & keys (who has access to information and assign movement different steps)
Oracles-An agent which seeks and verifies information and occurrences in the real world outside of the blockchain , to be used by smart contracts. It checks for for accuracy and quality of assets when they move thru the supply chain . They are third parties which need to be trusted and information source needs to be credible
- Hardware – triggered by a sensor to track RFID , QR Code tags, IOT SENSORS, barcode scanner, provenance, IPMS etc
- Software – Information available online eg market data, published intel, data triggers , etc
- Physical human interface- Verify & Research events like quality control , specialized skill and knowledge
Partnering with SISOURCE
Please get in touch to have a chat about how SISOURCE can help empower your AGRI & FOOD trade value chain
