Indian specialty glass manufacturer Piramal Glass launched a cross-border trade project on blockchain. The initiative uses the enterprise blockchain solution from fintech dltledgers focusing on transactions across the manufacturing supply chain.
While dltledgers has grabbed headlines for processing large volumes of trade finance transactions, the core of its offering is a supply chain traceability solution.
In the first phase of the project, Piramal Glass wanted to determine the benefit of digitizing transactions across the supply chain. In addition, the glass manufacturer aimed to establish whether the technology could deliver transparency while protecting confidential data.
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