Unchaining the food, retail supply chains with blockchain

A research report based on the analysis of 1,807 business interruption related insurance claims found out that supply chain disruptions are increasing the severity and frequency of business interruption claims. The average large business property insurance claim was more than $2.4 million. As a business grows, its supply chains get more complicated and even harder […]

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How blockchain can make your business’s procurement process more efficient?

According to the UK’s annual fraud indicator in 2017, it was found that the annual cost of fraud in the UK is £190 billion, equal to around £10,000 per family. A significant portion of this is accounted for frauds happening at different stages of a procurement process in different organizations. Procurement fraud is a malpractice where someone dishonestly gaining […]

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