How Does a Consortium Blockchain Improve Supply Chain Management?

A consortium blockchain enhances supply chain management by providing a shared, immutable ledger accessible only to permitted members. This increases transparency and traceability as goods move from origin to destination.

By allowing multiple trusted organizations to validate transactions, it boosts security, reduces fraud, and eliminates the need for intermediaries. This collaborative approach streamlines processes, improves efficiency, and builds trust among all supply chain partners.