Blockchain utilizes a distributed, not centralized, database structure. Therefore, acting like a digital notary, it records all transactions in linear order in an immutable and secure way.
The advantages offered by blockchain technology are: verified transactions, transparency and timestamp of events. All of these benefits translate to immutability of documents and information in the supply chain.
In addition, ChainGO Freight is flexible, as it uses different Blockchain networks depending on customer needs and preferences.