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The Problems
- Lack of transparency: chain systems lack transparency, making it difficult for chain partners to access real- time information about the movement of goods.
- Inefficiencies: Centralized systems often result in inefficiencies such as delays, errors, and high costs.
- Lack of trust: The current systems lack trust among blockchain partners, which can result in disputes and a lack of collaboration.
- Lack of Predictive analytics: The current systems lack the ability to provide predictive analytics and optimize processes, chains are not able to anticipate potential bottlenecks, shortfalls, and other issues.
Last modified 8mo ago