Decentralization of Supply-Chain Management
In the current system, supply-chain managers charge a predetermined fee to facilitate the transactions in the entire supply-chain from Growers, Manufacturers, Distributors, Wholesalers, Transportation Service Providers, Retailers and Consumers. QUASA offers businesses with the option to entirely supplant the need for costly and inefficient traditional supply-chain managers by automating the selection
of multimodal transportation based on factors such as price, distance, traffic, weather conditions, fuel use and more. To do this, QUASA will generate smart contracts between participants in the system and hold payments in escrow until conditions for release are met. The main blockchain platform will then be utilized for tracking and monitoring of cargo security. This will ensure that all interactions and transactions are
recorded and completed in a decentralized manner that is entirely transparent and unchangeable. The end result is the removal of any corruptible and inefficient centralized auditors or other forms of authority which often create bottlenecks, single points of failure, and other opportunities for degradation within a system.
- QUASA removes the need for the inefficient and potentially corruptible centralized
authority of supply-chain managers
- The use of smart contracts for transparent and efficient transactions, along with the secure monitoring of all materials on the supply-chain, allows QUASA to provide a unique and inexhaustible method for managing all of the moving parts in a given system
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