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Cryptocurrency News Video

SUPPLY CHAIN MANAGEMENT USING BLOCKCHAIN | TRANSPERANCY QR CODE | TRACKTRUST | XDCNETWORK |XDC TOKEN

Apr 29, 2025 at 09:20 am Jay Kulkarni

Technology used:- React js solidity smart contract material table xdc tokens The Supply Chain Management system using blockchain technology consists of four key participants: Manufacturers, Warehouse Owners, Retailers, and Customers, with an Admin overseeing participant management. The system aims to enhance transparency, security, and traceability within the supply chain. Manufacturers add products to the system, each assigned a unique QR code storing critical information. Customers access a user interface to browse and purchase products, initiating transactions via smart contracts. The supply chain process involves stages like Manufacturer sale, Warehouse IN/OUT, and Retailer IN/OUT. Customers can verify product authenticity using QR codes and confirm receipt. Blockchain smart contracts facilitate automated payment distribution to participants, such as the Manufacturer, Warehouse Owner, Retailer, and Admin, based on predefined rules. Benefits include transparency, traceability, security, efficiency, and trust. This project showcases the potential of blockchain to revolutionize supply chain management, offering improved visibility, data integrity, and automation while addressing real-world challenges. #blockchain #blockchaintechnology #reactjs #xdc #xdcnetwork #decentralized #cryptocurrency #innovationinbusiness #digitaltransformation #producttracking #qrcode #smartcontracts #solidity #smartcontracts #supplychainmanagement #Blockchain #SupplyChainManagement #XDCNetwork #Transparency #QRCode #SmartContracts #Cryptocurrency #Decentralized #TechInnovation #ProductTracking #DigitalTransformation #SupplyChainTech #BlockchainTechnology #InnovationInBusiness #SupplyChainSolutions
Video source:Youtube

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