The supply chain can be more efficient, secure, and transparent with the aid of blockchain, the digital, immutable ledger. Over the past several years, more and more blockchain projects have gained traction in the supply chain.
We’ve identified some of the most exciting blockchain projects in 2021 – read on to learn which might be right for you.
|Supply Chain Blockchain Project||Price||How Many Currencies Does It Accept?||ICO||What's the bounty?||Team, Advisor, and Partner Distribution||Score|
This blockchain project tracks the provenance of luxury items such as diamonds. Additionally, the company uses its expertise in provenance tracking for fraud and risk reduction. Score: 1.0
Openport is a mobile platform for supply chain management in emerging markets. It connects shippers with carriers directly to reduce costs, improve performance, and drive continuous supply chain optimization. Score: 1.0
OriginTrail bills itself as an ecosystem that makes supply chains work better by supporting universal data exchange, connecting legacy IT systems, and ensuring data immutability through the blockchain. Score: 9.5
Provenenace is a startup dedicated to providing trustworthy, accessible information about a product's origin, journey, and impact. Score: 1.0
Skuchain aims to boost visiblity and security for the global supply chain through blockchain. Score: 1.0
SyncFab secures available capacity data and purchase order management while providing transparent order tracking. Score: 7.5
TraDove's blockchain platform introduces the right buyers to the right sellers, manages the supply chain, and helps potential customers communicate with sellers. Score: 5.0
Chronicled leverages IOT devices that are blockchain-enabled for greater supply chain transparency. Score: 1.5
GrainChain's blockchain platform provides end-to-end traceability (from producer to consumer) for the agricultural supply chain. Score: 5.0
A Note on the Terminology
Wondering about the terminology? The price refers to how much each unit of currency is worth in American dollars. The number of currencies the platform accepts refers to how many other cryptocurrencies you can use, and "ICO" stands for "initial coin offering" (how many coins were offered for sale originally, much like shares in an IPO). In blockchain and cryptocurrency projects, a bounty is the reward for those who promote the project, and the final column shows how many coins were reserved for the project team, advisors, and their partners.