Q3 developed a Blockchain network using Ethereum for a leading client in a retail supply chain industry to provide products authenticity. As there are multiple hops through which the product passes until it reaches to the customer, product authenticity is of prime importance. The solution helped the client in keeping a track of the products. And, as the information was being saved on the Blockchain using Smart Contracts, it provided the authenticity which was the prime concern of the customers.
Technology Used – Ethereum Blockchain, ReactJS
Business Benefits: Anticipated & Achieved
- Increased Brand Loyalty
- Reduced Risks, Wastage & Greater Drive-Down Costs
- Indestructible via Decentralization
- Improved Visibility & Product Authenticity
- Timely Delivery of Goods
- Improved Efficiency
