<ul><li>Inefficiency and Delays: Manual processes and outdated systems slow down the flow of information and goods, leading to delays, increased costs, and reduced competitiveness.</li><li>Limited Real-Time Oversight: Without continuous monitoring, supply chains are unable to quickly adapt to disruptions — whether due to logistical challenges, environmental factors, or market fluctuations.</li><li>Automation via Smart Contracts: Smart contracts on the blockchain automatically execute predefined actions when certain conditions are met. For example, once a shipment reaches its destination, the smart contract can trigger a payment or update the product status — minimizing delays and reducing the need for manual oversight.</li><li>Enhanced Security and Reduced Fraud: With data distributed across a network of nodes and secured by cryptography, blockchain significantly reduces the risk of data tampering and fraud. Combined with IoT’s real-time monitoring, this creates a secure environment that protects sensitive information and upholds product integrity.</li></ul>

Supply Chain Management with Blockchain and IoT: GenX AI Empowering a Connected Future

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