KRISHNAMOORTHY K V

Blockchain creates a permanent, tamper-resistant record of transactions among multiple parties. It is a distributed ledger technology that enables secure and transparent transactions among multiple parties without intermediaries. It has the potential to transform various industries, including supply chain management (SCM). SCM is the process of planning, executing and controlling the flow of goods and services from the source to the end customer. SCM involves multiple stakeholders, such as suppliers, manufacturers, distributors, retailers and consumers, who need to coordinate and share information across different platforms and systems.