Case studies

Algorand can power the future of sustainable supply chains.

Written by Algorand Foundation | Nov 13, 2024 5:00:00 AM

 

 

Supply chains remain highly fragmented, even as growing regulations and consumer preference demand transparent tracking. Wholechain uses Algorand to provide businesses with verifiable, end-to-end traceability of product life cycles, where each step of a product’s journey – from raw material, to manufacturing, distribution, and retail – is recorded immutably on the blockchain.

 

"Traceability is more than tracking a product’s journey – it’s about ensuring trust and transparency at every step of the supply chain. By leveraging Algorand’s blockchain, we integrate immutability into our traceability solutions, guaranteeing that every data point is secure, tamper-proof, and verifiable with a timestamp of when a claim was made. This level of integrity helps businesses and consumers alike have confidence in the authenticity and sustainability of their supply chains."

- Jayson Berryhill, CEO, Wholechain

 

 

Lack of transparency in global supply chains results in inefficiencies, fraud, and difficulty in verifying product authenticity and sustainability.

Wholechain uses Algorand to provide supply chain traceability, creating a transparent, immutable record for sustainable products in industries like seafood and personal care.

 

 

 

Key benefits

  1. Product journeys are immutably recorded on the blockchain, providing companies with verifiable, actionable insights into their supply chains.
  2. Sophisticated technology creates a unique digital fingerprint for each data point, ensuring tamper-proof information that fosters trust between trading partners.
  3. A user-friendly interface and API integrations allows for simple recording of data and seamless integration with existing enterprise systems.

 

Algorand upholds environmental sustainability standards with its carbon neutral footprint, and the network's high throughput enables Wholechain to manage complex and high-volume global supply chains.