In a world where efficiency, transparency, and security define the success of supply chains, traditional systems are no longer enough. Blockchain technology is revolutionizing the way companies manage inventory, track products, and establish trust across logistics networks.
Whether you're a manufacturer, distributor, or retailer, building a blockchain-powered supply chain system gives you a competitive edge with real-time tracking, fraud prevention, and seamless automation. Let's explore how blockchain transforms supply chains and how you can implement it with expert help.
If these are your business concerns, then the blockchain supply chain system is a fantastic example for you.
Shipment tracking is a significant concern for delivery companies and delivery channels. Everyone wants a safe and reliable source that has the fastest delivery. Blockchain in the supply chain provides permissioned access rights to specific individuals only and helps secure the entire transaction.
Blockchain technology verifies the end-to-end transaction. Everything is recorded in a blockchain that is virtually impossible to counterfeit from the point of origin to the material, manufacturing, and beyond. Hence, it leads to ethical trade that protects human rights.
Supply chains are restricted by one-up visibility. However, the blockchain supply chain offers a single and shared version of the truth and provides visibility at every step.
The customer is a King. Improving business relationships with customers enhances a company's reputation. Protecting customer data from cybercriminals is a major concern for every business. For this, blockchain technology in the supply chain facilitates smooth transactions.
Whether you choose public or private blockchain technology, both can help you overcome inventory management scenarios. One can quickly find goods in stock, in transit, and with users with one tap.
When data or records are entered manually, it increases the likelihood of fraud and errors at the time of delivery. Whereas when data is managed digitally with smart contracts, those risks can be minimized easily.
Build a transparent, secure, and scalable supply chain system with blockchain experts.
We design and develop blockchain-based supply chains for manufacturing industries that facilitate transparency during the transfer and transformation of raw materials into finished products.
Under the logistics supply chain, we ensure secure data protection from storage to the shipment of goods and services, while maintaining high efficiency during transit.
To ensure food quality and safe delivery, we employ the right people to deliver food. It prevents foodborne diseases and contamination, among other benefits.
Our trustworthy blockchain-powered supply chain system ensures a possible way to track the time of production to delivery that generates trust between different players and keeps them updated on the crop status.
It ensures a safe and reliable system through which prescription medicines are manufactured and delivered to patients.
We focus on various industries, from startups to enterprise-grade. Check out our list and find your industry. If you found your company is not listed here, contact our business experts;
All transactions between supply chain participants have connected automatically to a distributed ledger that helps to manage ERPs and IoT systems records effectively.
Our designed distributed ledger system enables quick tracking of orders, payments, goods in transportation, manufacturing workflow, and other details on a real-time basis.
The smart contract enables rules-based transactions, i.e., users can enforce particular transactions based on predefined conditions only. Otherwise, the system won’t process any transaction, from making payments to checking goods in transportation.
Blockchain has the capabilities to identify suppliers' data and verify trusted parties such as credit rating agencies. Also, it provides an immutable audit trail experience for information updates.
Blockchain enables seamless tracking of information and products while in transit. It involves batch onboarding of products, locations, and other documentation according to GS1 Standards that help to maintain records.
Blockchain records every piece of product documentation, such as purchase orders, sale orders, invoice bills, product certificates, product control reports, and more, with essential documentation.
Blockchain automatically generates a hash value using a unique cryptographic identifier. If the chain data in one block changes, the hash value of the rest of things also gets changed and making the data tamper-proof.
E-signing feature of the transactions with unique digital signature submit smart contract transactions and prove its ownership.
Data in blockchain technology is affected by authentication, data encryption, fraud detection, algorithm, and permission-based control.
Looking for blockchain supply chain development company, then no look further away from Suffescom Solutions Inc. Our expert team will help you building a blockchain supply chain platform according to your needs.
Our experts have proven experience in leveraging the combination of blockchain technology, AI, IoT, and machine learning to benefit every enterprise. Our system introduces transparency, reliability, and trust to every transaction & participant.
We introduce a logistic process system that helps identify reasons, actions, and reactions within your system.
We aim to touch every segment of your business that helps you to flourish and sets benchmarks in existing infrastructure.
Before delivering a project, our experts conduct an in-depth technical evaluation of your system by accessing different supply chain information nodes.
We ensure a comprehensive set of mechanisms that govern users' permissions to view and write information, as well as conduct transactions, in blockchain technology.
As the key players of the Supply chain management system are devices, we build an effective tracking and tracing system for clients.
We ensure every transaction recorded in the system involves non-sequential, non-repeatable, and unique data for effective tracking.
Using multiple blockchain networks, we ensure the fastest transaction speed on your system.
We incorporate QR Codes, 2D barcodes, and NFC or RFID systems for quick identification of processes.
Our blockchain developers ensure that proper cloud infrastructure is set up for smooth functioning.
We follow a simple and straightforward blockchain supply chain management development process. Check out with us.
We begin by formulating a use case with a detailed description of your business purpose and aim to develop a solution. We then determine the technical requirements and scope of work. We solely focus on improving your business performance.
We assign roles and responsibilities to every user for the project. Then we assign their position and level of access to the system.
We design the working interface for each person or user. Then we look after microservices, blockchain nodes, and web and mobile versions.
We carry out work-in-progress while implementing all updates and deliverables. Our testing team also conducts bug, performance, and other types of testing before major deployments.
The cost of building a blockchain supply chain solution varies based on:
From our experience, the Blockchain development cost will be around $70,000–$140,000. With the add-on features and private networks, the investment range will be $400,000–$1,500,000+ or more.
Suffescom Solutions is a global leader in building blockchain logistics systems. Get in touch today and explore the future of secure and intelligent supply chain operations.
When it comes to timing, a customized blockchain supply chain management software can take 12-15 months, depending on your business requirements.
Here are some reasons why industry leaders consider us a top blockchain supply chain development company.
We are recognized as a top blockchain consulting company due to our exceptional expertise, a proven track record of successful projects across diverse industries, innovative solutions, high client satisfaction, adaptability to regulatory standards, unwavering commitment to security, strong reputation, thought leadership, and a global presence.
Our blockchain expertise is proven by our clients' portfolios, including Universal, The Mario Blockchain, My Rare Collections, and more that trust our services.
With a team of 750 global employees, we have delivered 50+ blockchain-based projects. You can check out our case studies to learn more about us and our working style.
We build a comprehensive network with complex GPS, LPWAN, RFID, and other transmitting devices to form a high-speed supply chain system.
We have the expertise to craft solutions for every sector and industry, such as startups, NGOs, Govt organizations, and mid-scale enterprises.
Blockchain records every transaction immutably, allowing all participants to access real-time information and trace product origin and movement.
Yes, blockchain offers scalable solutions that help small businesses reduce fraud, increase operational efficiency, and improve consumer trust.
Costs vary by complexity and features. A basic solution starts at $ 40,000, while full enterprise systems can exceed $ 1.5 million.
Yes. Combined with IoT, blockchain can track temperature, expiration, and location of perishable goods in real time.
Manufacturing, logistics, agriculture, food safety, and pharmaceuticals gain the most from blockchain’s traceability and data integrity features.
Fret Not! We have Something to Offer.