A distributed, permanent, digital ledger for keeping transactional records of anything valuable. Exact copies of the database is stored in multiple locations on computers. The distributed design helps to prevent network failures/outages, data loss and data tampering.
A smart contract is a computer program that directly controls the transfer of assets between parties under previously agreed upon conditions. A triggering event like an expiration date or order fulfillment is hit and the contract executes itself according to the terms.
Add greater visibility and efficiency across the entire supply chain to deliver higher value to your customers and trading relationships
Manufacturers whose production processes are designed to support rapid, highly customized production runs are well positioned to launch new businesses that provide a subscription rate for services and scale globally.