‘Trust Across Supply Chain’
Blockchain Enabled Traceability and Provenance Platform
What Is Traceability & Provenance?
Traceability is the ability to track every aspect of manufacturing and distributing a product, from “cradle to grave” or “farm to fork”. It allows producers track and trace each component that comprises a product, from the suppliers, through the manufacturing process and, eventually, to the final consumer. Provenance provides the ability to track the product origin and authenticity.
Why do Enterprises need Asset Traceability and Provenance?
Supply chain asset traceability and provenance can give the total information on all factors like the source of raw materials, supplier, manufacturer, distributor, retail location, and finally, the customer.
Reason 1: Strong customer brand recall
Reason 2: Increase market share
Reason 3: Proof of origin
Reason 4: Increasing industry regulations
Reason 5 : Better product conditions
What is TraceChain?
TraceChain is a blockchain based track ‘n’ trace platform for supply chain, which can connect grower, supplier, food processor/producer, distributor, retail location, and finally, the consumer seamlessly. Platform gives our customers the control over the module implementation and data. The data can’t be manipulated and the supply chain can be secured. With TraceChain, you will have the fullest visibility into your inventory and all your shipments.
TraceChain addresses supply chain challenges through secured and real time sustainable asset traceability and provenance using blockchain.
TraceChain automates supply chain management & helps in controlling stock traceability and supply chain visibility. It provides more accountability and transparency between supply chain stakeholders by using smart, tamper-proof supply logs and ledgers. TraceChain protects sensitive data on blockchain and provides provenance and traceability without revealing any sensitive information to end-consumers or supply chain entities.
Industy Served
