VeriDoc Global

The complexities in today’s Supply Chain Management (SCM) systems reveal huge gaps in product traceability, resulting in inefficiencies as well as counterfeit products.

Why VeriDoc Supply Chain Tool?

VeriDoc Global has developed a supply chain management verification system that offers transparency and integrity to supply chains. This system enhances the trust between stakeholders by leveraging the immutability of the blockchain.

How does it work?

VeriDoc Global’s system verifies each step in the supply chain with a “digital handshake” that records exactly when and where products have moved in the distribution network. Each movement from manufacturer to wholesaler to retailer can be recorded using a single QR code and placed on tamper-proof ledger.


This makes it clear who is liable for products in every step of the production and transit, offering transparency and quickly identifying inefficiencies along the way.

VeriDoc Global
VeriDoc Global

The vital things that are necessary for reliability and integrity in a supply chain, are provided by the blockchain. Blockchain provides consensus on the data, there is no dispute in the chain regarding transactions because all entities on the chain have the same version of the ledger.

VeriDoc Global

The vital things that are necessary for reliability and integrity in a supply chain, are provided by the blockchain. Blockchain provides consensus on the data, there is no dispute in the chain regarding transactions because all entities on the chain have the same version of the ledger.

VeriDoc Global

The vital things that are necessary for reliability and integrity in a supply chain, are provided by the blockchain. Blockchain provides consensus on the data, there is no dispute in the chain regarding transactions because all entities on the chain have the same version of the ledger.

VeriDoc Global

Why Trust VeriDoc Global?

With patented technology in over 100 countries, VeriDoc Global promotes document security and transparency in industries across the world.


Scan QR Codes To Verify Documents


Use any scanner or camera on your phone to verify the QR code on a VeriDoc Sign document


Unique Hash Values Protects A Document’s Authenticity


All issued documents have a unique hash value (UHV) stored on the VeriDoc Ledger. Once stored, the UHV can’t be changed. If an issued document is altered, the hash value will automatically change, and the subsequent verification will fail. 

Why Is VeriDoc Ledger Used For VeriDoc Supply Chain Tool?

VeriDoc Ledger technology increases security , traceability , transparency and trust.

VeriDoc Ledger is a fork of the Ethereum blockchain, combining the transparency and trust of public blockchains with the security and immutability of private blockchains.

But why is this blockchain used for VeriDoc Supply Chain Tool?

Security

Data is sensitive and crucial, and VeriDoc Ledger can significantly change how your critical information is viewed.  By creating a record that can’t be altered and is encrypted, VeriDoc Ledger prevents all fraud and unauthorized activity in your documents. Information is stored across a network of computers rather than a single server, making it impossible for hackers to access the data.


 


VeriDoc Ledger has no one, central point of attack.  The fact that VeriDoc Ledger is a decentralised way of storing and accessing data makes the whole system incredibly secure – because, unlike a centralised databases, there’s no one single point of entry for hackers. This makes it particularly useful for recording data in a secure manner that you can trust.


 


Because VeriDoc Ledger is decentralised and replicated in its entirety in multiple places, there’s no need for a central administrator and all the costs and infrastructure that comes with it. This allows users of the technology to achieve their objectives in a more efficient manner therefore saving budget along the way.

VeriDoc Ledger creates an audit trail, that documents the recording, of all events in any document, until the document is completed.  In society today we are concerned about counterfeiting and fraud — this audit trial provides the proof we can trust. With VeriDoc Ledger, it is possible to share the trusted data directly with all users, so the journey of the document can be shown.  You get a history of activity, not just a snapshot in time.  When you look at a regular database, you’re getting a snapshot of data that’s up to date in that moment in time that is more than likely changeable. VeriDoc Ledger also maintains a record of all the information that exists, but it is immutable. It’s a database with history, you can trust.

VeriDoc Ledger uses technology that records data ( unique hash values ) identically in multiple locations - this is a decentralised network. When any VeriDoc Ledger user can access the ledger at any time, and see the same information as any other user at the same time - this creates an environment of full transparency to all VeriDoc Ledger users. All records are immutability recorded, and are time and date stamped. This allows all users to view the entire history of records and eliminates any opportunity for fraud.

VeriDoc Global

Some use cases for VeriDoc Global include:

VeriDoc Global

Blockchain can increase the efficiency and transparency of supply chains and positively impact everything from warehousing, delivery, and payment.

VeriDoc Global

Blockchain can increase the efficiency and transparency of supply chains and positively impact everything from warehousing, delivery, and payment.

VeriDoc Global

Blockchain can increase the efficiency and transparency of supply chains and positively impact everything from warehousing, delivery, and payment.

VeriDoc Global

Blockchain can increase the efficiency and transparency of supply chains and positively impact everything from warehousing, delivery, and payment.

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