Today’s supply chains are made up of manufacturers, producers, logistics companies and retailers who all work together to create and deliver products to people like us all over the world.
A way to see where different materials and products are in their supply chain in real time; and a way to prove that unethical or illegal materials and ingredients don’t feature anywhere in their supply chain.Join us in showcasing the cryptocurrency revolution, one newsletter at a time.
But what specific benefits does blockchain provide that the centralized systems we use today cannot? Let’s take a look.Many centralized solutions often rely on paper records and incompatible systems, which results in different data sets being siloed at different parts of the supply chain.Right from the get-go, blockchains can provide every business within a supply chain with up-to-date information simultaneously.
And thanks to blockchains’ end-to-end transparency, businesses can recall faulty products much faster than they could with any centralized system. Smart contracts, in case you aren’t aware, are blockchain programs that automatically execute when certain criteria are met and don’t require a sign-off from anyone.
And each country has a different set of rules and regulations on how certain materials and products need to be handled. Additionally, most governments are stepping up their climate reporting regulations, which require businesses to prove that their products weren’t produced using environmentally harmful methods.
Each product’s record can be stored on a blockchain, and so by scanning a barcode or a QR code, people can be sure that the product in their hands is genuine. But by using blockchain, pharmaceutical companies can track their ingredients right from the source, all the way through production and onto the shelves in drug stores.
For instance, fridges storing temperature-sensitive medications could automatically upload their temperature to the blockchain, which would guarantee that they have been kept at the correct temperature.A number of companies have already developed blockchain services for pharmaceutical companies, one of which is calledPharmaLedger’s blockchain-based app allows patients to check that their medicine is authentic by scanning a unique code on the medicines’ outer packaging.
ZWZ is a Zombie-themed NFT game, upgraded and developed based on Zombie Idle Defense. The game has integrated blockchain and metaverse for plane optimization. And the economy of the game is tied to the ZWZ Token and blockchain on the BSC platform. ZWZ_Official
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coingecko source circ supply from Ergo CMC source circ supply info from ? can you please rectify this incorrect circulating supply info for ergoplatformorg?
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