Abstract:
Today, manufacturing companies are forced to find smart ways to increase efficiency and reduce costs in their supply chain because of the ever increasing competition. There are many players in a supply chain and managing vast amounts of transactions in the supply network is a tedious and costly activity. Visibility, trust, timeliness, quality, and traceability are all important aspects that need to be closely monitored and continuously improved. Innovative approaches to enable a seamless information flow throughout the chain is of great importance. The newly emerging blockchain technology is a strong candidate in answering some of these challenges. MIB LLC is a technology company idea focused on blockchain technology applied to the manufacturing and logistics industry. Our goal as a start-up is to support companies in their supply chain management activities with our cutting-edge, secure, efficient blockchain system idea that can be implemented on any wearable device. We will create value for our customers by bringing visibility, speed, traceability and trust into their supply chains.
