Blockchain is a decentralized, distributed database that maintains a continuously growing list of secure and tamper proof data records.

Each individual operation or interaction, such as creating a new material, adding it to a batch or sending it to another supply chain entity is perfectly recorded and archived.

Smart Contracts contains predictable and verifiable code that executes supply chain transactions within the framework agreed upon by all parties.This makes the contracts more compliant and reduces transaction execution time, but alsos enables actors on the supply chain to create resilient processes of their material products.

Proofchain infrastructure creates a unique digital identity for the asset and makes it available to all stakeholders. The resulting lift in transparency, confidence and trust lays the foundation for whole industries to advance.

Proofchain uses the NFT(Non-fungible tokens) paradigm, which creates a digital cryptographic token that is linked to a real world asset, and contains metadata that distinguishes it from any other token. This digital identity contains a permanent record of an asset’s origin, characteristics and ownership. Tokeninzing real-world assets allows them to be bought, sold, and traded more efficiently while reducing the probability of fraud.

Supply chain entities and products can be audited by third party "certificate authority" organizations. They can see what you are doing and emit certificates with an impact messages to build trust in your brand. Each certificate authority is incentivized to revoke a certificate as soon as the brand starts doing things that are no longer consistent with it.

Proofchain provides a web3 based library that interacts with the smart contract system without the hassle of spending money on expensive smart contracts engineers to integrate it into your existing ERP software. Supercharge your global supply chain with Blockchain technology!