Enterprise-ready Blockchain Brings Transparency to Supply Chains

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Information about Enterprise-ready Blockchain Brings Transparency to Supply Chains
Science-Technology

Published on April 26, 2018

Author: consagousmridul

Source: authorstream.com

Slide 1: Enterprise Ready “ Blockchain” Brings Transparency to Supply Chains Consagous Technologies LLC Slide 2: There are over 17 million shipping containers in the world, of which five to six million are currently being transported on oceans, rails and roads. In the shipping process, inconsistent information and limited transparency across organizational boundaries can sometimes hinder the efficient movement of goods. These costly inefficiencies could soon be eliminated by blockchain supply chain solutions. Consagous Technologies LLC Slide 3: The distributed ledger technology of Blockchain to help speed goods on their way from manufacturer to market like nothing before. Arriving in Ports Faster & Providing Better Peace of Mind Consagous Technologies LLC Slide 4: A typical shipment can pass through as many as 30 unique organizations and generate 200 different communications on its passage. These transactions are conducted with systems that don’t speak with one another including something shocking for 2018, paper records. Why Does This Matter? A single missing form or late approval could delay goods at port for more than a month. Consagous Technologies LLC Slide 5: It’s estimated that block chain's impact on supply chains could increase worldwide GDP by almost five percent and unlock an additional 15 percent in global trade volume an opportunity that substantiates the continued development of blockchain supply chain solutions. Blockchain provides an optimal platform for the endeavor. It’s built on Hyperledger Fabric, an open source project hosted by The Linux Foundation, in which more than 180 companies are working together on blockchain for business solutions. The goal is to bring entire industries together shipping, healthcare, financial services, manufacturing and many more by helping to develop smarter processes to better share the information powering our world today. Creating Supply Chains of Shared Knowledge & Innovation Consagous Technologies LLC Slide 6: Are You Looking for a Blockchain App Developer? Contact Us https://www.consagous.com/blockchain-services/ https://www.consagous.com/ info@consagous.com Consagous Technologies LLC Slide 7: Consagous Technologies LLC

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