Casper labs for
Manufacturing & Supply Chain
Drive radical new efficiencies for global supply chains
Even as COVID-driven supply shocks begin to recede, executives are grappling with a litany of supply chain issues that hinder output and adversely impact bottom lines. Supply chains remain fragmented, and the inability to provide a more unified and timely view prevents disparate participants from maximizing value and efficiency.
Blockchain technology is enabling supply chain leaders to create new, unified systems that provide greater levels of transparency and access, while also enhancing security and data integrity – all in a more transparent manner that brings all parties onto the value chain.
The percentage of companies that report having full visibility into their supply chains, resulting in billions of dollars in annual loss due to inefficiencies.
Organizations will realize losses equivalent to up to 45% of their annual profit due to supply chain disruptions, according to a McKinsey report.
Supply chain organizations will invest more than $3 billion in blockchain technology by 2028.
The Casper effect
A supply chain’s effectiveness ultimately comes down to the ability to track and trace the status of goods at every stage of the journey. Blockchain technology offers drastic improvements that enable organizations to more transparently share and monitor the status of transported goods, maintain secure digital ledgers in permissioned or permissionless environments, facilitate auditing and compliance and provide an enhanced level of security throughout the value chain.
Mitigate or Eliminate Fraud
One of the most important aspects of a blockchain platform is its ability to store data in a decentralized, immutable way. Integrating this technology with supply chain management ensures that data input at any destination along the supply chain is accurate and unchangeable. Further, it identifies the last provable location of any shipped materials, allowing for rapid and accurate tracking of breakdowns along the chain. Casper provides the industry’s most secure, flexible option for doing just this.
Maintain Ability to Update NFTs
Unlike other blockchains, Casper allows you to update the software code that powers your NFTs and other distributed applications even after they’ve been deployed, to reflect changing statuses or meet other new business requirements. You can, for instance, assign an NFT to each item that functions as both a digital Certificate of Origin, as well as an on-chain record of travel for the item in question. This provides unique and unparalleled insight into every step of the supply chain.
Integrate with Your Existing Systems
OUR CUSTOMER STORIES
Who’s building on Casper
Blockchain technology should meet businesses where they are, not vice versa. Successful outcomes require a high degree of flexibility and interoperability with your existing systems. Unlike other “one-size-fits-all” blockchains, Casper delivers just that.