Client Overview
A global logistics and supply chain company struggled with fraud, inefficiencies, and lack of transparency in their operations. They needed a secure and decentralized system to track shipments, verify authenticity, and prevent counterfeiting.
Challenges Faced
- Lack of real-time visibility into shipment tracking
- Frequent disputes over lost or damaged goods
- Supply chain fraud due to tampered records
- Compliance issues with international trade regulations
Solution by Code Colonies
- Developed a blockchain-based supply chain management system using Hyperledger Fabric
- Integrated IoT-enabled smart tracking for real-time shipment monitoring
- Implemented smart contracts to automate verification and payments
- Ensured regulatory compliance with immutable audit trails
Impact & Results
- 100% Transparency across supply chain stakeholders
- 80% Reduction in Disputes due to tamper-proof blockchain records
- 50% Faster Payment Processing through smart contracts
- Enhanced Security with decentralized, fraud-proof transaction logging
