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Blockchain in Supply Chain2023-06-30T16:20:44+05:30

Blockchain in Supply Chain

Departments dealing with blockchain in the supply chain are now more widespread and complex than ever. The macroeconomy and international markets are supported by supply chains. To achieve the seamless sharing of transaction information, transaction history, and transaction statements in accordance with industry standards, we at SoluLab offer next-generation solutions to our clients.

Blockchain Development Company

Our Blockchain Development For Supply Chain Services

When it comes to blockchain in supply chain management, SoluLab provides various services that we utilize to enhance transparency, traceability, and efficiency in the industry. So, get started to reap the benefits of our services for supply chain blockchain for your business today!

  • Development of Smart Contracts

    The development of smart contracts is the first service in blockchain for supply chain that involves creating self-executing agreements based on predefined rules and conditions. These contracts facilitate automated transactions and streamline processes by eliminating intermediaries, reducing costs, and minimizing the risk of fraud. Smart contracts not only ensure the enforcement of agreed-upon terms but also enhance transparency and audibility throughout the blockchain supply chain management.

  • Migration to Supply Chain

    Migration to supply chain platforms is yet another service provided by SoluLab that involves transitioning from traditional legacy systems to blockchain-powered solutions. By leveraging blockchain technology, businesses can optimize their supply chain operations, enhance data visibility, and achieve greater traceability of goods. This blockchain for supply chains migration often requires a careful analysis of existing systems, data mapping, and the development of customized solutions to meet specific business needs.

  • Real-time Tracking of Shipments and Orders

    Real-time tracking of shipments and orders is another critical service offered by our professionals in blockchain technology in supply chain. By leveraging blockchain's distributed ledger capabilities, companies can track the movement of goods in real time, ensuring visibility at each stage of the supply chain. This enables stakeholders to monitor the status of orders, track inventory levels, and identify potential bottlenecks or delays promptly.

  • Creating a Roadmap for Supply Chain

    Creating a roadmap for supply chain management blockchain at SoluLab involves strategic planning and designing a comprehensive framework that aligns business objectives with the integration of blockchain technology. This roadmap outlines the key milestones, identifies potential challenges, and defines the steps required to implement blockchain solutions in the supply chain. We consider factors such as process optimization, supply chain visibility, data management, and security to ensure a seamless transition toward a blockchain-powered supply chain ecosystem.

  • Inventory Management

    Inventory management is a critical aspect of supply chain operations, and blockchain for supply chain management offers innovative solutions to enhance its efficiency and accuracy. By leveraging blockchain's decentralized ledger, we create a transparent and auditable system that provides real-time visibility into inventory levels, location tracking, and demand forecasting. This improves inventory management, minimizes stockouts, reduces excess inventory, and streamlines supply chain development.

  • Development of Hyperledger

    The development of Hyperledger refers to the implementation of blockchain frameworks based on the Hyperledger technology stack. Hyperledger offers enterprise-grade solutions that enable organizations to build private blockchain networks tailored to their specific supply chain requirements. This service at SoluLab involves customizing the Hyperledger framework, developing smart contracts, and integrating the blockchain network with existing systems and applications.

A One-Stop Solution for Blockchain in Supply Chain Services

Improve problem resolution. With the help of our knowledgeable blockchain based supply chain management services, establish trust and stronger partnerships. The in-house cross-functional team of SoluLab develops all of our technological solutions. Get the best blockchain specialists running your company right away! Schedule a consultation with us today and let our professionals show you new opportunities for creativity and success.

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Blockchain Networks We Support

Blockchain connects a decentralized network on which users can send transactions and build applications without the need for a central authority or server. Utilize our wide range of network support for you which we as a custom blockchain software development company make use of to provide you the best blockchain development services.


Most well known network for digital asset transactions and smart contract validation


Easy interoperable network reducing network fees


A highly secure and scalable with proof-of-stake (POS) timestamping


Blazing fast transaction featured with the consensus protocol


Simple, secure and sustainable which uses the multi-chain network to work


Highly secure and scalable layer 2 network


Capable of perfect and precise geolocating

Telos EVM

Highly competent and scalable platform for web 3.0


Most well known and easy to use network named Binance Smart Chain


Efficient in handling thousands of transactions with proof-of-history (POH) system


Helps in high-speed transaction with zero transaction fees


Lightning fast transactions and negligible network fees


Transparent and interoperable for high productivity


Top encryption with isolated networking


Used for tokenization and digitisation


Stable, fast and inexpensive transaction network

Engagement Models

Our comprehensive blockchain in supply chain services encompasses front-end to back-end and smart contract development, all conveniently offered in one place. Our engagement solutions improve consumers’ trade experiences by utilizing strong security measures.

  • Dedicated Development Team

    Leveraging our team of skilled blockchain supply chain developers with expertise in cognitive technology, we are committed to delivering top-notch services and tailored blockchain solutions to our clients.

  • Team Extension

    With our team extension model, we aim to support companies using blockchain in supply chain seeking to augment their teams with specific skill sets required for their projects. We facilitate the seamless integration of additional resources to enhance project outcomes.

  • Project-based Model

    We embrace a project-based methodology and bring our blockchain in supply chain expertise to collaborate closely with customers, ensuring specialized client involvement and delivering exceptional results.

Our Blockchain Supply Chain Development Tech Stack

Unlock the power of blockchain in your supply chain Business

SoluLab offers cutting-edge Blockchain Development Services tailored for the evolving needs of your business. With our expertise in supply chain solutions and blockchain technology, we empower companies to enhance transparency, traceability, and efficiency throughout their supply chain operations. Seamlessly integrate smart contracts, decentralized ledgers, and secure data sharing to revolutionize your supply chain management. Don’t miss out on the transformative potential of blockchain. Take the leap with SoluLab today and redefine the future of your supply chain. Contact us now to explore the endless possibilities of blockchain-driven supply chain solutions.

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Why Choose SoluLab For Blockchain Development In Supply Chain?

You may access a team of technical specialists with real-world experience who offer end-to-end blockchain services by working with SoluLab- the best blockchain platform for supply chain industry. We provide the best blockchain supply chain solutions currently accessible in the following list of development services, which includes:

Create a collaborative culture with a focus on value

Self-execute smart contracts and reduce cost and risk

Increase scalability by increasing the transaction speed

Engage in stakeholder discussions on blockchain prospects

Availability to an expert pool of supply chain blockchain experts for consultation

Dedicated blockchain developers ease your supply chain obstacles


Fascinating facts

Staff Members
Happy Clients
Certified PMP
MM Lines of Code

Blockchain Use Cases in Supply Chain

Blockchain technology has gained significant attention and recognition in recent years due to its potential to revolutionize various industries. One sector that stands to benefit greatly from blockchain implementation is supply chain. The decentralized and transparent nature of blockchain can address several challenges in this industry, including traceability, transparency, efficiency, and security. Having said that, let’s explore 9 general blockchain supply chain use cases that can create a meaningful impact in the industry.

  • Traceability and Provenance

    Blockchain can enable end-to-end traceability and provenance in supply chains, providing a comprehensive view of every stage a product goes through. By recording each transaction and movement on the blockchain, companies can track the origin, manufacturing processes, transportation, and storage conditions of products. This ensures transparency and helps eliminate counterfeit goods, ensuring customers receive authentic and high-quality products.

  • Supply Chain Finance

    Another one of the advantages of blockchain in supply chain is that it can facilitate supply chain finance by streamlining and automating processes such as invoice verification, payment settlements, and trade financing. Smart contracts can be used to automate payment terms and trigger payments upon meeting predefined conditions. This improves cash flow, reduces paperwork, and minimizes the risk of fraud.

  • Cold Chain Monitoring

    For industries that rely on maintaining specific temperature conditions, such as pharmaceuticals and food, blockchain can ensure proper monitoring of the cold chain. Temperature sensors can be integrated with blockchain, recording temperature readings at every stage of transportation and storage. This ensures compliance with regulations, reduces spoilage, and guarantees product quality.

  • Counterfeit Prevention

    One more important use in the applications of blockchain in supply chain is it can play a crucial role in combating counterfeit products by providing a decentralized and tamper-proof record of product ownership and authenticity. By scanning QR codes or utilizing RFID tags, consumers and retailers can verify the origin and authenticity of products, reducing the circulation of counterfeit goods in the market.

  • Smart Contracts in Freight Management

    Smart contracts on the blockchain can automate various aspects of freight management, including shipping documentation, customs clearance, and delivery confirmation. This eliminates the need for intermediaries, reduces paperwork, and enhances transparency and efficiency in international trade.

  • Certification and Compliance

    Blockchain can streamline certification processes and ensure compliance with industry standards and regulations. By storing certifications and compliance data on the blockchain, stakeholders can easily access and verify the authenticity of certificates, reducing administrative burdens and the risk of non-compliance.

  • Product Recalls and Returns

    Blockchain can facilitate efficient product recalls and returns by providing accurate and tamper-proof records of product movements. Identifying affected products and tracking their return becomes more streamlined and transparent, reducing costs and enhancing consumer safety.

  • Automated Compliance and Auditing

    Blockchain simplifies compliance and auditing processes by automating data collection and verification. Smart contracts can automatically monitor compliance with regulations, ensuring adherence to standards and simplifying auditing procedures.

  • Predictive Analytics and Data Insights

    Blockchain combined with artificial intelligence and machine learning can provide valuable predictive analytics and data insights in the supply chain. By analyzing blockchain data, companies can identify patterns, forecast demand, optimize routes, and make data-driven decisions to improve operational efficiency.

Our Blockchain Supply Chain Execution Process

  • Discovery

    The supply chain industry engages in a discovery phase to identify pain points and opportunities for blockchain implementation, leveraging comprehensive analysis and stakeholder engagement.

  • Compliance Analysis

    Thorough compliance analysis ensures that blockchain solutions in the supply chain adhere to regulatory requirements, industry standards, and data privacy regulations, fostering trust and maintaining legal compliance.

  • Project Execution Planning

    Project execution planning involves defining objectives, timelines, and resource allocation, ensuring a structured approach for the successful implementation of blockchain in supply chain.

  • Design & Development

    The design and development phase encompasses creating the blockchain infrastructure, programming smart contracts, and integrating the solution with existing systems, customizing the implementation to address specific supply chain requirements.

Benefits of Blockchain in Supply Chain

In the fast-paced world of supply chain management, businesses are constantly seeking innovative solutions to optimize processes and drive efficiency. By harnessing the power of blockchain, businesses can experience improved trust, streamlined operations, reduced costs, and enhanced collaboration. Having discussed that, let’s look into some of the benefits of blockchain in supply chain development.