End customers do not have the tools to trust the product information presented to them to verify the goods purchased are counterfeit, damaged or misrepresented.
Third-party supplier or distribution partners with administrative access rights to its supply chain management system.
Tampering of data can often go undetected by any of the involved parties in a supply chain and therefore risk the integrity of the system.
Generating QR codes that contain a technology that is used to sign the submissions of each data entry and report being made in LTO Network to create an immutable record.
Improvement of efficiency by digitizing the paper-based processes and change in communication between the different businesses, reducing human errors when collaborating on supply chain workflows.
Data that is shared by the parties involved using the systems connected to LTO Network. Stakeholders can benefit from data re-use and reduction of manual process handling.
Administrative tasks such as manual entering data into your system that receive by letter, fax, or email belongs to the past. With the blockchain technology of LTO Network, all parties can collect structured data into the systems they use to execute and administrate these processes. Working this way reduces the administrative overhead with more than 30%.
With LTO Network, you don't have to change your entire IT infrastructure. You can use your existing systems and application to administrate, record, and communicate on business processes.
Demonstrating compliance is essential in any industry. Using LTO Network you can record all data entries and steps in your business processes to safeguarding evidence and comply with the regulations. Enabling one-click compliance reporting for both internal- as external communication on your business processes.
Combining Smart QR codes with blockchain makes tamperproof and trusted by the end customer.
Regular generated QR codes are easy to copy / counterfeit.
Workflow automation on business processes running between the stakeholders are automated, saving time and money.
Parties don't trust each other with access rights to their supply chain systems.
Data shared through the supply chain systems can be effortlessly and GDPR compliantly shared among multiple parties, reducing time, costs, and improving business efficiency.
Paper based supply chain processes are currently emailed and subsequently processed into the system that the receiving party uses.
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Curious to learn how LTO Network can increase your process efficiency or have a general business inquiry?
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