Create smarter, more efficient supply chains, reduce fraud, verify transactions more quickly, and create disruptive new business models with Azure blockchain services.
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- Blockchain workflow application
Businesses use blockchain to digitize workflows they share with other organizations, such as moving physical assets across supply chains. The anatomy of blockchain apps is similar across use cases. Here, we use Azure Blockchain Service as the foundational managed blockchain network and build a consortium application that can ingest signals from relevant user interfaces and communicate ledger data to consuming apps across the consortium.
- Supply chain track and trace
A common blockchain pattern is IoT-enabled monitoring of an asset as it moves along a multi-party supply chain. A great example of this pattern is the refrigerated transportation of perishable goods like food or pharmaceuticals where certain compliance rules must be met throughout the duration of the transportation process. In this scenario, an initiating counterparty (such as a retailer) specifies contractual conditions, such as a required humidity and temperature range, that the custodians on the supply chain must adhere to. At any point, if the device takes a temperature or humidity measurement that is out of range, the smart contract state will be updated to indicate that it’s out of compliance, recording a transaction on the blockchain and triggering remediating events downstream.
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