In today’s world, the automotive industry is among one of the most advanced and innovative industries. The automotive industry has entered the era of digital transformation and is at the forefront of the same. Increased adoption of autonomous cars and the development of digital ecosystems have been a growth driving factor for the automotive blockchain …
Continue reading “Blockchain Traceability for Averting Counterfeit Auto Parts!”
As millions of items are continually created, transferred, and exported, supply chains form the backbone of a system’s economy. The global economy is dependent on a rapid and efficient global supply chain, which is worth more than $15 trillion. To operate the business, any firm today must have an extensive database. As these databases grow …
Continue reading “Smart Logistics: Blockchain Traceability a Solution to Logistics Problems?”
The Blockchain is a decentralized digital ledger that can securely store all the manually fed data, transaction details, data obtained from various other sources including sensors, etc and make them accessible in real time. Blockchain being distributed over a network of connections provides visibility to all parties involved in any kind of transaction and gives …
Continue reading “10 Blockchain Use Cases that Could Transform the Healthcare Sector!”
The pharmaceutical industry is undergoing massive changes. Historically this industry slows to adopt the technology. Now, this industry is undergoing dramatic transformations with the emergence of several advanced technologies. Blockchain is among the prominent pharma trend in this industry. Increased investments, the growth of technology, increased inter-organizational collaborations, and a favorable regulatory environment are all …
Continue reading “Eliminate the Inefficiencies in Pharmaceutical Industry with Blockchain”
Counterfeiting is one of the most serious threats to real product legitimacy. Counterfeit goods account for around 8–9% of total trade, resulting in revenue loss. Holograms and barcodes are used by goods makers to combat this problem. The issue of the authentic product remains the market’s primary challenge. Quick Response (QR) codes provide a robust …
Continue reading “Counterfeiting and Product Authentication Using QR Codes”
With changing beauty standards and more users shifting towards natural and organic products and campaigning for healthy skin, the cosmeceuticals industry is undergoing rapid changes these years. Cosmetics have become an integral part of our lifestyle and not just for women, but across all genders. The industry is expected to have a CAGR of 5.3% …
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