Zetochain A gateway for effective supply chain experience

in blockchain •  6 years ago  (edited)

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Blockchain technology has enhanced our lives to an extent but with it has come many shortcomings which have to an extent limited its mass adoption and global integration by companies around the globe. In most industries where it is needed most, the lack of technical know-how of the underlying stops people from using it. The supply chain industry is one of them. The supply chain industry is our one-stop for the shipping of our products from food to other goods, and as such, it has been experiencing some setbacks due to the large and very long procedures of doing a set transaction especially when it comes to across the border shipping.

Across the border shipping, lasts longer than it should as a result of many regulations and clearances done by the various governments involved. The process of making payments most especially is the most time consuming of the shipping process. Transactions can get delayed or some documents could be unavailable when needed to process the supply of various goods in a given country. This makes such goods to stay in the various containers which have brought them. Despite the long distance, such goods have traveled and the ever-changing temperature on the sea which it has encountered, more delay stands on its way when clearing documents are not complete.

This makes and has made so many goods no longer consumable when it has been finally delivered to the owners. Most consumers who have no knowledge of the level of damage done consumes these goods and it poses as a detrimental condition to their health.''

The main reason even with the advent of blockchain technology which has made transactions more scalable, the number one reason why most supply chain companies have not embraced the technology is that of the lack of knowledge of the underpinnings of the blockchain technology. Most companies don’t understand the workings and as such has resorted to the many supply chain procedure.
The consumption of spoilt or bad foods makes a life short and as such, there is the need for the provision of a way for high-quality food products consumption.

Zetochains solution

Zetochain project has seen all these problems prevalent in the supply chain industry today and is proferring solutions through the following ways:

Trust:

With the integration of the blockchain technology which provides a trustless opportunity, Zetochain is revolutionizing the supply chain industry and eliminating middlemen who have plagued the supply chain industry for a long time now. With the Zetochain project, there is a direct interaction between the supply chain and users. The companies who would want the services of the supply chain interact directly with those concerned and makes sure no intermediaries are involved. This will ensure that these companies get a high-quality service.

Zetochain will be bridging the gap for those who would want to integrate the blockchain technology in their companies but either lacks the manpower or the resources to make that happen. With Zetochain, their blockchain technology needs will be well taken care of and they can use the blockchain technology seamlessly for effective transactions.

Zetochain will enhance the mode of payment and eliminate all barriers associated with across the border payment and execution. This it will do by the introduction of its platform token which will serve as a means of payment between parties involved in the supply chain.

The smart contract will be used to make sure these transactions are done as at when due. Zetochain will also make it easy for these companies to get as much blockchain services as they would need for their companies.

Essential Zetochain Links

Website: https://zetochain.com/
ANN Thread: https://bitcointalk.org/index.php?topic=3219785
Whitepaper: https://zetochain.com/static/docs/ZetoWhitepaper.0aaa18e97dbb.pdf
Telegram: https://t.me/zetochain

CONNECT WITH ME: https://bitcointalk.org/index.php?action=profile;u=2156513

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@mianae good going hope u will reach all your goals soon

Thank you very much. I hope you reach your goals as well. Let me know, if you need me to achieve anything.

Good information. The marketing of perishable products requires faster transactions to avoid losses. Thank you

Yes it does require such amount of quick transaction and quick delivery measure. This is due largely to its delicate nature.

I am a strong believer that the blockchain will be a changing force for manufacturing and business. It is just a matter of time until the right business takes up the idea and the rest will follow.

I as well share the same belief with you. Blockchain is revolutionizing every part of our daily lives and giving us a more seamless measure and approach to life.

Looks good! How similar is it to Venchain?

Those are two different projects although the tend to solve similar logistics issues. But Zetochain has some advantages over it. Zetochain is not only concerned about the supply chain industry but it is also concerned about empowering the various players and assisting them apply blockchain technology in the business through the developer approach which will enable even those without any single knowledge of blockchain code to use it in the business. VeChain is focused on Liquor, Luxury products, Auto, Retail, Agriculture and Logistics.