What we provide in this...

Benefits: This website will prosper Supply Chain Management in the defence sector. Managing Supply Chain in defence is much complicated and has many challenges. The immutable characteristic of Blockchain ensures the data remain unalterable without the consent of all parties. It will also culminate the probability of frauds and errors in defence contracts and enhance the accuracy of inventory management, eventually building trust between suppliers. It can also benefit the management process. After the information gets recorded in a distributed ledger, it becomes unalterable and unchangeable. This feature can prove to be beneficial for the defence segment. It enables the users to see the exact details of any particular components. The components can be recorded at different stages of production and installation. Right now the system is centralized where every information is stored in a central repository which makes it more vulnerable to attacks. In fact if there is a central failure then the whole system fails. The blockchain is a decentralized system wherein all the information is distributed accross the nodes. Which means you can acces the information anytime and no other 3rd party can barge into the system to hack it, steal it or change it. That makes the data more secure and we have got a full-proof system which is free from information leakage.