SupplyBloc, a blockchain integrated software solution has made its commercial debut. The software is expected to revolutionize traditional supply chain management worldwide and streamline the supply chain for entrepreneurs, manufacturers, distributors, retailers and customers.
The company will be able to eliminate the weakest links among the supply chain and narrow the points of connection throughout the process. The software will offer transparency and tracking, smart contracts, security, audits and real-time communication.
"Our services have international appeal because the insights we produce are not possible with conventional supply management tools. We leverage the strength of the blockchain to simplify the relationship involving vendors, distributors and retailers. The end-result is greater access and accountability between all parties to a transaction," co-founder and CEO of SupplyBloc Robert McNulty says.