“ BLOCKCHAIN IMPROVES TRANSPARENCY , PROVIDING A FLOW OF INFORMATION TO SUPPORT SUPPLY CHAIN PLANNING ”
“ BLOCKCHAIN IMPROVES TRANSPARENCY , PROVIDING A FLOW OF INFORMATION TO SUPPORT SUPPLY CHAIN PLANNING ”
RAJESH DHUDDU , GLOBAL HEAD , BLOCKCHAIN & METAVERSE , TECH MAHINDRA
involved multiple stakeholders from different regions .
“ There was a lack of traceability , caused by a huge volume of physical invoices and documents alongside traditional processes such as manual payments and approvals , printing and submissions .”
Dhuddu says the client wanted an endto-end supply chain network “ to ensure a secured digital ecosystem , improving both process efficiency and supplier relations ”.
“ In extensive design-thinking workshops , we helped establish a private permissioned blockchain network for asset tracking among original equipment manufacturer ( OEM ) ecosystems ,” he says .
They did so by connecting various virtual machines and nodes sitting in the Azure cloud , AWS Cloud and on-premises servers of the various stakeholders for network setup . “ Data security and privacy was pivotal ,” Dhuddu says . “ We ensured no data leakage was happening across stakeholders by bringing in role-based access , backed by blockchain .”
112 February 2023