Blockchain is defined as a distributed ledger technology (DLT) that is becoming the underlying layer of the future of the Internet. It is creating a new wave of decentralized services applications, called “DApps,” that will be introduced to replace most of today’s centralized, cloud-based Internet applications.
Is Recall a Real Threat to Manufacturers?
Product Recall is seriously impacting manufacturers in every industry. Usually Recalls are triggered with the intention of protecting customers or to gather intelligence which impact the company prospects (including finance & brand value).
Blockchain as a Saviour for Handling Transport Industry Challenges
A recent research has stated that every day a whooping $140 Billion got stuck in the disputes for payments related to transport industry.
It is estimated that on an average, for an invoice to get paid a company should wait for about 42 days, before it receives the payment.