Blockchain technology, which started as the foundation for Bitcoin transactions, has grown to become a dominating technology in the contemporary day. Almost every sector is now experimenting with or exploring ways to use Blockchain technology. Due to the one-of-a-kind mix of features that define Blockchain, it is a popular option for companies looking to improve their efficiency.

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Why should you become a Blockchain
developer?
Blockchain technology, which started as the foundation for Bitcoin transactions, has
grown to become a dominating technology in the contemporary day. Almost every
sector is now experimenting with or exploring ways to use Blockchain technology.
Due to the one-of-a-kind mix of features that define Blockchain, it is a popular option
for companies looking to improve their efficiency. The blockchain sector is expected
to develop at a compound annual growth rate of 57.6 percent between 2017 and
2025. This significant percentage increase indicates that the use of Blockchain
technology will continue to grow rapidly and will not be limited to a single industry.
Rather than that, blockchain technology offers an almost infinite number of
application options across a diverse range of industries. This blog's main focus will
be on the supply chain.
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Supply chain management is critical to the success of the
overwhelming majority of companies. A well-functioning
supply chain is essential for goods to arrive on time and with as little
delay as possible. Supply chain management, despite its important
position in the system, confronts a number of difficulties, including the
following:
1. A profusion of documents
2. Difficulties in enforcing product safety regulations
3. Availability of data
4. Protection of personal data
5. Numerous examples of third-party participation

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While blockchain technology is capable of resolving a
number of other problems, these are the main ones discussed in this
article.
How can blockchain technology be utilised to address inefficiencies in
supply chains?
A blockchain is a distributed ledger system that operates on a peer-to-
peer basis. This removes the need for third-party participation,
significantly improving the cost-effectiveness and efficiency of the
system. Several of Blockchain's primary features include the following:

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• Lack of third-party involvement- One of the main features of Blockchain
that sets it apart from other technologies is its lack of third-party contact.
The two parties' direct contact ensures that the system works effectively
and without delay. This will eventually enhance the supply chain's
efficiency, since it will be managed by third parties.
• Simplified data tracking- When data is entered into a distributed ledger,
it is timestamped and chronologically recorded. Additionally, since the
data is kept in sequential blocks, each addition or change generates a
time stamp, allowing for data monitoring and tracking while also
improving system transparency.

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Data security is another important problem that Blockchain
addresses. All data on the Blockchain is encrypted
cryptographically. It guarantees the security of the data. Penetration and
modification of the system would be difficult, increasing its security.
Conclusions
These are only a handful of the many benefits associated with supply
chain management enabled by Blockchain technology. We will witness a
rise in the usage of Blockchain in the next yearsIt is the industry's most
comprehensive blockchain course online curriculum, encompassing all
basic Blockchain concepts and applications. Contact the Blockchain
Council immediately for more information.

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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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8. THANK YOU!
Any questions?
You can mail us at
hello@blockchain-council.org
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