EY OpsChain Traceability
As part of the EY Blockchain platform, The EY OpsChain Traceability solution provides a trusted platform for traceability and transparency within a supply chain ecosystem through the use of notarization and tokenization. Our blockchain-enabled technology capabilities help clients deliver long-term value by improving brand equity, revenue and operational performance.
What EY can do for you
Consumers, business partners and regulators are increasingly demanding transparency and organizations struggle to provide the data due to the lack of connectivity between the networks of the supply chain. This leads to highly manual efforts and reconciliation activities which are often outsourced and exposes data to third parties.
The EY OpsChain Traceability solution provides a trusted platform for traceability and transparency, within an ecosystem through the use of notarization and tokenization. Our full range of business and blockchain-enabled technology capabilities helps clients deliver long-term value by improving brand equity, sustainability, revenue and operational performance across the supply chain.
The business benefits include:
- Increased transparency across the network
- Enhanced authenticity with asset tokenization
- Flexibility into sourcing and planning
- Eliminated manual reconciliations
- Automated contract execution
- Single, immutable version of the truth for authorized stakeholders
- Provided one immutable truth for authorized stakeholders
- Improved tracking and visibility of sustainability parameters
- Siloed systems integrated into one environment
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