Blockchain is the Future of supply Chain Internet of Things. 
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Blockchain Is The Future Of Supply Chain Internet
Of Things
The wave of change that Blockchain has spurred across different sectors is known 
to everyone. Technologies run on data, and a large volume of data is amassed 
every day. With much of information lying astray in the virtual world, there is 
always a probability of being hacked or altered. 
                
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 It is one of the reasons that companies are now exploring alternatives that can not 
only enhance the performance of the system but, at the same time, proved 
transparency and data security. The notion of fair trade, transparency, and 
sustainability is becoming paramount for customers, and it impacts their buying 
decisions.
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Well, Blockchain is the panacea that most of the companies are now eyeing at. 
This decentralized technology started its journey as the underlying technology for 
Bitcoin exchange. Still, later on, it expanded its horizon, and now it finds a 
multitude of uses across different sectors. This technology has defenestrated the 
need to rely on conventional vulnerable digital platforms. Rather Blockchain 
provides a decentralized podium wherein peer-to-peer networking works.
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Blockchain and IoT in Supply Chain
Blockchain is omnipresent. You name the technology, and Blockchain will have its 
use case there. Here our focus in on the IoT and supply chain. Both these are a 
pillar for modern-day business functioning. At the same time, connected devices 
ensure seamless integration. We are living in the era of connected devices, and 
this reliance is increasing. The supply chain forms the pillar of every organization, 
and its seamless functioning is paramount for increasing the business’s 
productivity.
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Some of the problems associated with the conventional supply chain system are 
that it lacks transparency, tracking of information, and prominence of red-tapism. 
With all these issues into the picture, the supply chain system fails to work at its 
best potential. But, with the intervention of Blockchain technology, we can expect 
the system to become more productive and transparent.
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Blockchain’s key features like provenance, transparency, decentralization, data 
security, and no third-party interference. With all these features, the 
Blockchain platform becomes a key help when it comes to removing the 
bottlenecks of conventional platforms. There is a lot of data about companies in 
the virtual world; when we merge all this data with Blockchain, it gets encrypted 
cryptographically, thus providing data security.
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Another area where Blockchain and IoT can work is when it comes to paperwork. 
Transportation of a container from one place to another. If we take this example in 
a conventional platform, then there would be many intermediaries. Still, when it 
comes to Blockchain and IoT, then all the process gets automated and digitalized 
along with the security of information. This is eventually going to increase the 
productivity of the business.
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Conclusion- From the above discussion, you can decipher that presence of 
advanced technologies like Blockchain and IoT is going to boost the supply chain 
system, and thus helping the business grow by gaining the trust of customers. 
Thus, it will lead to a demand for professionals who can leverage the best of both 
these technologies, and if you wish to make a career in this domain, then there is 
no better time than starting today. Enroll for Blockchain training or online 
Blockchain certification program by Blockchain Council to make your career graph 
grow.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain 
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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THANK YOU!
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