Securing Automotive Supply Chain with a Blockchain Based Solution

The automotive industry is moving quickly towards an era of intense change. In fact, the future of this industry will be starkly different from that of today and will soon be more than just an industry about vehicles. However, the current industry landscape is exposed to certain challenges such as counterfeiting, lack of transparency, inefficient recall management and more. These challenges have pushed businesses to fine-tune their supply chain strategies and operations, as an optimized supply chain can prove to be a critical element that can set businesses (automakers) apart from their competitors.

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