Blockchain Supply Chain Development Company

Strengthen Products’ Traceability, Reduce Supply Chain Risks, and Enhance Coordination among Partners with our Blockchain Supply Chain Development Services

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"At a basic level, blockchains mean that no piece of inventory can exist in the same place twice."
Paul Brody, EY Global Innovation Leader, Blockchain

Supply Chain Application Development with Blockchain

We build permissioned and public supply chain management solutions with blockchain platforms like Hyperledger, Ethereum, Solana, Cardano, and more. A blockchain-based SCM solution enables a business to significantly reduce operational costs, strengthen security, and establish trust across its supply chain. Our blockchain supply chain application development focuses on outcome-driven strategies for supply chain solutions

  • Eliminate pain points of traditional ERP systems for managing supply chains
  • Eliminate the need for each stakeholder to maintain its version of the truth
  • Consolidate disjointed material, information, and finance flow across the value chain
  • Establish immutability in the provenance of goods
  • Address challenges like the lack of end-to-end traceability and transparency
  • Achieve real-time end-to-end visibility to track and trace products and services
  • Augment physical and financial supply chains with efficiency
  • Eliminate reconciliation pain points across multiple parties

Our Blockchain Supply Chain Development Services

From suppliers, manufacturers, and distributors to end customers, information accumulated about each touchpoint in the supply chain is available in a permanent, distributed ledger. As a blockchain supply chain development company, we cover a range of services, including

Electronic Data Interchange (EDI) Systems

We create blockchain-based EDI systems for efficient, secure, and transparent multi-party business transactions. Our smart contracts automate processes and enhance supply chain traceability. They enable secure transmission of purchase orders and invoices while meeting industry standards

Procurement Solutions

We develop blockchain-driven procurement solutions for effortless buyer-supplier management. Our developed platforms seamlessly integrate with ERP systems. We use smart contracts to automate payments securely and ensure General Data Protection Regulation (GDPR) compliant handling of supplier data

Inventory Management

We create blockchain solutions for end-to-end supply chain communication to allow stakeholders to track processes, conduct payments, and manage inventory efficiently. From conducting payments and audits to tracking inventory and assets, our solutions facilitate greater supply chain efficiency.

Logistics Solutions

We offer logistics companies complete blockchain logistics solutions for tasks like freight tracking and contract management. Our solutions enable global shipment tracking that provides real-time, secure, and accurate information to buyers, sellers, and regulators. Stakeholders can easily monitor the status, quantity, and location of individual parts with enhanced traceability and security

Tracking and Traceability Monitoring System

We develop compliant blockchain SCM solutions for end-to-end data accessibility and sharing across the value chain. Stakeholders can access detailed information about a product, including its origin, production process, and real-time location. This data can also be shared with customers to validate product authenticity

Process Automation

We create blockchain smart contracts for supply chain operations, automating tasks like arrivals, departures, shipments, and ownership changes. These contracts use predefined rules to facilitate the exchange of nearly any good or service. They establish real-time auditing and automation for production, quality control, and payments in supply chain management

Blockchain Platforms for SCM Solutions

We build smart contracts to automate SCM operations with the following blockchain platforms

Ethereum

Hyperledger

Stellar

Cardano

Solana

Polygon

Avalanche

Algorand

EOS

Hedera

Industries for Blockchain Supply Chain Development Services

At Nero Software, we develop blockchain supply chain solutions that include the following industries but are not limited to them

Automotive

Aviation

Agriculture

Energy

Food

Healthcare

Logistics

Manufacturing

Retail

Real Estate

FAQs (Frequently Asked Questions)

Blockchain for the supply chain refers to the implementation of blockchain technology in the management and tracking of goods and information. It provides an immutable, shared ledger wherein companies can record their production updates.

Blockchain enhances supply chain transparency in the following ways:

  • Immutable Recordkeeping
  • Real-time Tracking
  • Data Sharing across all stakeholders
  • Smart Contracts
  • Authenticity of products and documents verification

Outsourcing blockchain-based supply chain services from a specialized provider like Nero Software Blockchain can offer several advantages:

  • Expertise: Access to a team of experts experienced in blockchain technology and supply chain integration.
  • Cost Savings: Avoid the costs associated with building and maintaining an in-house blockchain solution.
  • Time Efficiency: Faster deployment and implementation of blockchain supply chain solutions.
  • Scalability: The ability to scale services up or down based on your specific needs.
  • Focus on Core Competencies: This allows your organization to focus on core business activities while experts handle blockchain integration.

Blockchain can prevent counterfeit products in the supply chain through its transparency and traceability features:

  • Immutable Records: Every product is recorded on the blockchain at each stage of the supply chain, making it difficult for counterfeit goods to enter undetected.
  • Smart Contracts: Automated verification processes can ensure that products meet quality and authenticity standards before they proceed in the supply chain.
  • Authentication: Blockchain can be used to verify the authenticity of products using Quick Response (QR) codes, Radio frequency Identification (RFID) tags, or other methods.
  • Real-time Tracking: Real-time tracking allows for the immediate identification of discrepancies or unauthorized changes in product information.

Blockchain can address various challenges in the supply chain, including:

  • Transparency: Providing real-time visibility into the movement of goods and data.
  • Counterfeiting: Preventing counterfeit products from entering the supply chain.
  • Traceability: Allowing for the tracking of products from origin to destination.
  • Efficiency: Streamlining processes and reducing delays and errors.
  • Trust: Building trust among supply chain participants through secure and transparent transactions.
  • Security: Protecting data and transactions from cyber threats and unauthorized access.

They can. First, they can get access to a specific level of transparency regarding the transactions that supply chain actors send to the network. Alternatively, the system’s rules may also grant auditing bodies control of the system itself, depending on the use case. For instance, if audits fail, a certifier might stop a producer from issuing more digital assets that carry a certification.