Jemimah Essien
Bio
Stories (5/0)
THE ROLE OF BLOCKCHAIN TECHNOLOGY IN SUPPLY CHAIN MANAGEMENT
From the clothes we wear to the food we eat, every product we consume has a journey that begins from raw materials and ends at our doorstep. In today's interconnected world, supply chains have become incredibly complex, involving multiple parties and spanning across continents. Ensuring the authenticity, safety, and quality of products is paramount, but with so many players involved, it can be challenging to maintain visibility and trust across the entire supply chain. That's where blockchain technology comes in, offering a promising solution to address these challenges by providing an immutable, decentralized, and transparent ledger for tracking and verifying transactions. In this article, we'll explore how blockchain technology is revolutionizing supply chain management, bringing greater traceability, transparency, and efficiency to global trade.Supply chain management is the process of overseeing and coordinating the flow of goods and services from the manufacturer to the end consumer. upply chains are complex and involve multiple stakeholders, including suppliers, manufacturers, distributors, and retailers, who must work together to ensure that goods and services are delivered to the end customer in a timely and cost-effective manner.
By Jemimah Essienabout a year ago in The Chain
THE FUTURE OF DECENTRALIZED FINANCE (Defi)
Decentralized finance (DeFi) refers to a new financial ecosystem that operates on blockchain technology, without the need for intermediaries such as banks or financial institutions. This new financial landscape has emerged in response to the limitations and inefficiencies of the traditional financial system, and has the potential to completely disrupt the way we think about and use money.
By Jemimah Essienabout a year ago in The Chain