Blockchain for Supply Chain Management

How can blockchain technology help improve the supply chain? All physical products must take a journey from the factory to the consumer and this journey is called the supply chain. Unfortunately, the path to the consumer isn't straightforward, there are sometimes dozens of intermediaries involved in this process. That includes quality assurance, drivers, procurement officers, etc. Blockchain acts as an immutable store of data, and removes the need for one or more third parties. It can help save both businesses and consumers time and money in this case. In this video I'll demo a solidity app that tracks asset, talk about a real world example called SyncFab, and discuss the different ways blockchain can affect the supply chain. Enjoy! Code for this video: https://github.com/syncfab/smartcontract Please Subscribe! And like. And comment. That's what keeps me going. Want more education? Connect with me here: Twitter: https://twitter.com/sirajraval instagram: https://www.instagram.com/sirajraval Facebook: https://www.facebook.com/sirajology More Learning Resources: https://syncfab.com/ https://github.com/fivedogit/solidity-baby-steps https://www.youtube.com/watch?v=wVVGv2bmxow&vl=en https://twitter.com/syncfab https://internetofbusiness.com/iot-101-how-blockchain-impacts-manufacturing-and-supply-chains/ Join us in the Wizards Slack channel: http://wizards.herokuapp.com/ Sign up for the next course at The School of AI: https://www.theschool.ai And please support me on Patreon: https://www.patreon.com/user?u=3191693