Traceability For Business
Traceability is not just about about supply chains or tracing where the product originates. It’s about lowering costs, improving the value chain efficiency and strengthening brand equity. With blockchain, traceability can no be instant, transparent and most importantly immutable.
It has more to do with business processes than gathering data and storing it. It benefits not only the operations of a business but gives businesses an edge through blockchain implementation.
Infinity Blockchain Ventures believes that the 3 areas which benefits most from blockchain traceability are:
- Operational efficiencies
- Market access
- Risk Mitigation
For in-depth business evaluation and how blockchain can benefit your business