BSCM - Blockchain Supply Chain Management System

BSCM - Blockchain Supply Chain Management System

Efficiently managing your supply chain, one link at a time🔗

BSCM - Blockchain Supply Chain Management System

BSCM - Blockchain Supply Chain Management System

Efficiently managing your supply chain, one link at a time🔗

The problem BSCM - Blockchain Supply Chain Management System solves

A blockchain-based supply chain management system provides a secure and efficient way to manage the entire supply chain process, from the sourcing of raw materials to the delivery of finished products to customers. It utilizes distributed ledger technology, which allows for the transparent and tamper-proof recording of all transactions and data related to the supply chain.

By implementing such a system, businesses can improve supply chain transparency, traceability, and accountability. They can ensure that all parties involved in the supply chain, including suppliers, manufacturers, distributors, and customers, have access to the same information and can track the movement of goods at each stage of the process. This enables quicker and more accurate responses to any supply chain issues, such as product recalls, and allows for better management of inventory levels.

Moreover, a blockchain-based supply chain management system can make existing tasks easier and safer by reducing the need for intermediaries and streamlining the process of verifying information. It can also reduce the risk of fraud, errors, and other types of malicious activity that can occur in a traditional supply chain management system.

In addition, such a system can help businesses comply with regulations related to supply chain transparency and sustainability, and support the achievement of corporate social responsibility goals. By providing a secure and reliable way to track the origins of materials and products, it can help to prevent the use of forced labor, child labor, or other unethical practices in the supply chain.

Overall, a blockchain-based supply chain management system can bring significant benefits to businesses, including increased efficiency, security, transparency, and sustainability, and enable better collaboration and coordination among all parties involved in the supply chain.

Challenges we ran into

Integration of blockchain with the react app (frontend) was a great task for us, but stil we managed to get through it.
Also the polygon integration took a great amount of time and was a bit more trickier.

Discussion