GSCP: ENHANCING EFFECTIVE BUSINESS SUPPLY CHAIN VIA SMART CONTRACT
The invention of blockcahin technology about 11 years ago and the use of cryptocurrency have brought about a tremendous transformation business and financial transactions around the world. This is as a result of the great and outstanding characteristics associated with the blockchain technology. These characteristics include:
i i Unchanged
The above mentioned characteristics of the blockchain are what attract so many projects to it yet most of them do not have real life usage and as such cold not solve any practical problem.
However, GSCP (platform supply chain is one project that is using the blockchain to solve the big problem causing limitation in the global business sector.
When we look at the way in which business supply chain is being managed we will realize that there are so many obstacles that do not allow the companies as well as the buyers to enjoy a free flow of business transactions. Fake and adulterated products are being supplied, there is no direct communication between the manufacturers, retailers and consumers, there is no trust, services are not reliable, it takes a lot of time for a product to be delivered to the buyers, a problem of fraud and changing of information. These are some of the problems encountered by the present method of supply chain processes. And these are the main reason for the creation of GSCP.
THE CREATION OF GSCP
GSCP was created in a bid to solving the problems I have mentioned above and many other problems working against business supply chain. GSCP is designed leveraging on the blockchain technology which will bring about an effective, secure, reliable way of managing business supply chain around the world.
DISTINCTIVE ADVANTAGES OF GSCP
The unique features and advantages of GSCP are beneficial both all parties involved within the supply chain, the use of blockchain technology offers so many advantages which include but not limited to:
- Information technology: this in conjunction with the blockchain enables the information concerning the product s to be safely stored and retrieve at any time at no cost. The highly innovative GSCP also does not permit change or altering of product information.
- With the use of blockchain technology and the smart contract, users are able to interact with other users around the world. This helps in building and increasing trust between the companies and their customers. Also, the use of the smart contract saves time reduces the cost of managing the business since it does not require much man power, and user who is a buyer can monitor his or her product accurately.
- Another important advantage of GSCP is that the use of blockchain technology allows the product to be properly traced and tracked, this helps in fighting fake products from fake companies who want to mimic the real company. It also enables transparency and increase trust by the customers.
GSCP TOKEN USE CASES
This will act as the main token on the platform and be used in:
- Paying for incentives and other rewards.
- Buying of products from the company
- Tracing of product originality.
you will agree with me that the innovative features of GCSP are great . these unique features will encourage businesses around the world and will reduce to the barest level the problems facing business supply chain. do not miss being a part of this great community.
For more information please contact the following links:
Websit : https://www.gscplatform.io/
Bountyox username: nesbee2