TransChain's main goal is to register and secure the information related to these transactions in the Blockchain. As soon as the products are exchanged from one hand to another, the transfer of responsibility is automatically certified and secured by the blockchain.
The use of the Blockchain allows an absolute verification of the identities and rights of each actor in the supply chain. The management of each actor's authorizations and access rights to read information, both internally and with partners, are controlled.
The control of the products, in terms of both quality and quantity, is ensured. Potential gaps between demand and the field are notified, and the transaction is confirmed by each stakeholder.
A solution that allows to certify supply chain information to distributors and final consumers. Indeed, powered by TransChain's blockchain solution, the platform allows the concentration and sharing of key information on products and their journey in a secure, immutable and accessible way.
What are the results then?
The alliance of the Blockchain with the short food channels ensures reliability by providing real-time product monitoring, anomaly detection and twofold rating of the supply chain actors.