HashCash to Streamline PPE Supply Chain with Blockchain for Leading Manufacturer
HashCash Consultants is helping a leading manufacturer in the USA to coordinate and streamline their PPE production and supply with the help of blockchain integration for improved availability.
PALO ALTO, Calif., Aug. 13, 2020 /PRNewswire-PRWeb/ -- HashCash Consultants has partnered with a leading manufacturer in the US to help them streamline and facilitate the production and supply of PPE kits across various channels to keep unsaturated availability in the market. In the wake of the pandemic, there have been multiple reports of PPE scams and penetration of lower grade PPE into the supply chain. Taking that under consideration the project will also focus on upholding the authenticity of product sourcing by suppliers, by enabling traceability of the items across the supply chain.
"If the last few months have taught us anything, it is that the existing chain of protocol and systems are not well-equipped to meet the needs of an emergency. While we try to rise above the present situation, it is a priority to create new protocols and infrastructures that will allow us to mitigate future adversities. To that effect, HashCash has teamed up with the enterprise to build and deploy advanced and futuristic architectures to streamline the supply of essential commodities, in this case, PPE", commented Raj Chowdhury, CEO, HashCash Consultants.
Due to the COVID-19 outbreak, Personal Protective Equipment has taken precedence as the most essential commodity to purchase, not just for ones involved with healthcare but the general public as well. There has been a rise in demand for premium quality masks, face shields, gloves, sanitizers, and suits all over the world. However, due to supply chain mismanagement, even the hospitals and healthcare professionals were at one point scrambling to source PPE kits.
While it is true that the situation has improved since then, there remain a few glitches within the system that needs fixing. Considering that the demand for PPE kits is not going down sooner, manufacturers have increased their productions and are looking for ways to streamline the operation for improved and unsaturated supply in the market.
- HashCash's Blockchain Solution for PPE Manufacturer:
HashCash's venture with leading PPE manufacturers focuses on integrating the supply chain infrastructure with blockchain to optimize the entire operation under a single network. This will help the manufacturers to coordinate better with the suppliers, distributors, and even the healthcare organizations that place orders in bulk. HashCash's blockchain network HC Net will be leveraged to build the architecture of the distributed and transparent supply chain protocol.
All participants involved in manufacturing, supply, and distributing will be active participants within the network, who will be able to track the movement of the kits in real-time, upholding transparency and traceability of the process. Such a unified approach will streamline and simplify the entire process, helping in sufficing the market demand with uninterrupted supply and leave room for emergency supply if the situation arises.
- About HashCash Consultants:
HashCash is a global software company offering solutions in Blockchain, AI, Big Data, and IoT through its platforms, products & services. HashCash Blockchain products enable enterprises to move assets across borders in real-time for Remittances, Trade Finance, Payment Processing, and more. HashCash runs US-based digital asset exchange, PayBito & Digital asset payment processor, BillBitcoins. HashCash offers crypto exchange solutions, Payment processor software, ICO services, and customized Blockchain use case development. It propels advancement in technology through Blockchain1o1 programs and its investment arm, Satoshi Angels. HashCash solves the toughest challenges by executing innovative digital transformation strategies for clients around the world.
SOURCE HashCash Consultants
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