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Transforming Dairy Supply Chain Through Asset Tokenization
Revolutionize Quality, Trust, and Efficiency in Dairy supply chain
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BENEFITS
Transparency, Trust, and Operational Mastery
Tokenizing the dairy supply chain offers a comprehensive solution to many of the challenges and inefficiencies present in traditional supply chain management, leading to a more robust and reliable ecosystem for all stakeholders involved.
Enhanced Supply Chain Visibility
Reduced Fraud and Counterfeiting
Transparency and Traceability
DAIRY SUPPLY CHAIN TOKENISATION PROCESS
Dairy value chain with blockchain integration
1.

Tokenize supply chain assets starting from cattle and extending through various stages such as polling points, bulk collection, input raw milk, and final product lots or products.

2.

Facilitate real-time updates to blockchain asset data by iniviting supply chain participants using different systems to the blockchain network. Ensure decentralized access and secure authentication for data integrity, fostering collaboration in creating or updating asset information.

3.

Integrate Spydra’s Oracle with IoT devices for real-time tracking of physical goods, enabling incident reports triggered by Workflow trigger such as temperature deviations during transportation.

4.

Streamline processes and payment settlements using Spydra’s Workflow based on predefined events, such as passing quality checks, to automate the payout process for farmers

5.

Leverage blockchain's traceability to efficiently trace product lots and products back to their source (cattle), facilitating swift and accurate product recalls when necessary.

ANALYSE YOUR BLOCKCHAIN DATA
SKU-wise analysis, tracking product movement and inventory by participant or type. Identify movement rates for optimized logistics.
Individual product-wise analysis, tracing its life cycle from source to consumption. Monitor incidents reported throughout the journey for proactive management.
Explore a dynamic dashboard providing critical event-wise analysis and aggregate data insights for assets and events. Easily filter by asset or event properties to uncover actionable insights tailored to your needs.

Blockchain Participants

Various participants contribute data to the Blockchain network by integrating their existing systems like ERP, front-end applications, database systems or even upload data using excel, csv files.

Benefits for Participants

Various participants play distinct roles in the ecosystem. Each participant of the supply chain stands to gain specific benefits from utilizing blockchain technology

CONSUMERS
  • Consumers gain access to transparent information about the entire supply chain, fostering trust in the origin and quality of dairy products.
  • Blockchain enables consumers to authenticate and trace the source of the dairy products they purchase
DAIRY Processors and Manufacturers
  • Enhanced traceability helps in maintaining and proving the quality of dairy products, meeting regulatory standards
  • Identify and address bottlenecks to streamline processing and manufacturing operations, enhancing overall efficiency.
REtailers & distributors
  • Real-time data on product movement aids in efficient inventory management and reduces the risk of stockouts
  • Ensure the quality and authenticity of dairy products while mitigating the risk of counterfeiting.
CUSTOMER STORY
Implementing End-to-End Traceability in the Dairy Supply Chain using Blockchain Technology

In a bid to assess the feasibility of introducing end-to-end traceability in the supply chain of a dairy product, specifically Ghee, using blockchain technology. It provides an overview of a pilot project designed to use this innovative technology to ensure transparency and accountability in all stages of the product's journey from farm to table.

Read Case Study
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100M+
Transactions on Blockchain
50M+
Assets on Chain
90%
Reduction in cost & time
20+
Clientele
Featured Blogs on Supply Chain --
More Blogs
Role of Blockchain in the Dairy Industry: How Can It Help?
8 minute read
Supply Chain Financing with Blockchain: Exploring the Benefits and Challenges
4 minute read
How Does Blockchain Technology Revolutionize the Supply Chain Industry?
5 minute read
WHY CHOOSE SPYDRA?
Focus on building your use case. Leave the blockchain to us.
Spydra offers an intuitive low-code asset tokenization platform that allows you to focus on building your use-case while leaving the complexities of blockchain to us. Spydra provides production-ready infrastructure, ensuring a smooth and efficient launch of your blockchain use-case.
An intuitive low-code asset tokenization platform
1. Deploy
Create your network, deploy our pre-configured asset tokenization application tailored to your use case, and invite other participants to join your network.
2. Integrate
Once your network and asset tokenization app are deployed, access your APIs and easily integrate blockchain into your application. No changes to your code, just a few additional API calls. We have simplified integration with systems like SAP, etc.
3. Production Ready
Launch your blockchain use case quickly on the ground.Customise to your use-case backed by innovate platform features.
Customise to your use-case backed by innovate platform features.
Fractionalise and issue tokens for your assets with Token Engine
Bring Off-chain data to your blockchain with Oracles
Automate your tasks with no-code using Workflow Builder
Get notified on every critical blockchain event with Listners
File Storage & Sharing made easy with Graph Query
Tailor smart contracts for your use-case with Custom Chaincode
LET'S CONNECT
Discuss your use-case with us!
We want to see how Spydra can help your team build products or process on blockchain. Schedule a live in-depth demo with our blockchain experts to help you get your blockchain journey started.
Talk to an Expert
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FAQs

1. What is asset tokenization in the dairy supply chain?

Asset tokenization involves representing physical assets, such as cattle or dairy products, as digital tokens on a blockchain. In our context, it means converting various stages of the dairy supply chain, including cattle, polling points, bulk collection, raw milk inputs, and final product lots or products, into digital tokens.

2. How does the real-time update of blockchain asset data work?

Supply chain participants can integrate their existing systems with the blockchain network to provide real-time updates on asset data. This ensures decentralized access and secure authentication, maintaining data integrity. Collaboration among participants allows for the creation or updating of asset information seamlessly.

3. How does blockchain traceability benefit the dairy supply chain?

 Blockchain traceability allows for efficient tracing of product lots and products back to their source (cattle). This capability facilitates swift and accurate product recalls when necessary, enhancing food safety and consumer confidence.

4. As a participant in the dairy supply chain, what are the practical benefits of integrating with the blockchain network?

Integrating with the blockchain network provides access to transparent information about product origin and quality, fostering consumer trust and loyalty. It also streamlines operations, improves traceability, and reduces risks such as counterfeiting and stockouts.

5. How can participants with different levels of technological background contribute to the blockchain network?

Participants can contribute data to the blockchain network through various means, including integrating existing systems, using user-friendly interfaces, or uploading data via familiar formats like Excel or CSV files. This flexibility ensures that all stakeholders can easily participate in and benefit from the blockchain-enabled dairy supply chain transformation.

6. What kind of support does Spydra offer for blockchain implementation?

Spydra offers comprehensive support for Hyperledger Fabric implementation, including customized network development, smart contract development, integration and API development, deployment, and maintenance. Our team ensures a seamless and successful implementation of your blockchain solution.

Tokenize at scale with Spydra

Spydra combines the most powerful developer tools in blockchain with helpful resources, talented community, and prompt support.

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