Supply chain management today is a complex endeavour. Regardless of how many Enterprise Resource Planning (ERP) solutions, workflow tools, digital shipment tracking devices or other integrated monitoring solutions are deployed, complexities, product losses and inaccurate data management abound.
No longer the responsibility of one or maybe two players, today’s supply chain is riddled with multiple parties, multiple checkpoints and – across them all – a tangled web of processes and systems that need to properly integrate to function cohesively.
One of the foremost homegrown names in IT space in Odisha, In2IT Technologies, a company led by Rudra Shankar Satpathy is on its way to be a globally acknowledged player. The company counts ‘Artifical Intelligence’ and Blockchain Technology as the next disruptions in technology. Excerpts of a chat with the Interview
Blockchain, the same technology that powers the cryptocurrency Bitcoin, has the potential to bring transparency, security, accountability and efficiency to existing government services. In addition, blockchain creates opportunities to deliver new services in new ways that previously were not possible. This is because blockchain allows users to verify the legitimacy and validity of fund transfers without trusting a third-party to maintain account balances or relying on a single user to authorise.
