What are the core functions of Aratum Ledger
These digital ledgers enable real-time visibility into the supply chain, allowing stakeholders to monitor product flow from origin to consumer, significantly reducing the risk of fraud and errors while enhancing trust through verifiable and immutable transaction records. The application of ledger technology in SCM facilitates improved coordination among participants, optimizing logistics, reducing costs, and ensuring the authenticity of products. Moreover, by automating contracts and payments through smart contracts on blockchain ledgers, companies can streamline operations and foster more resilient supply chains. Despite the potential, integrating digital ledgers into SCM poses challenges, including technological complexity, scalability issues, and the need for widespread stakeholder adoption. Nonetheless, as technology advances and solutions to these challenges are developed, the role of ledgers in SCM is poised to grow, driving further innovations in supply chain transparency, security, and efficiency. The future of SCM will likely see increased adoption of blockchain and other digital ledger technologies, transforming traditional supply chains into more dynamic, interconnected, and trustworthy networks.
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How to generate reports in Aratum Ledger?
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