Powerbridge Technologies Co., Ltd., a SaaS solutions and Blockchain applications provider, today announced it has completed the design and development of the technology infrastructure of its Powerbridge Blockchain Supply Chain Traceability Platform (the “Blockchain Traceability Platform”), which is now at the multi-consumer industry applications development stage.
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The Blockchain Traceability Platform integrates Blockchain technologies with big data and AI, to collect transaction data and track the entire supply chain with a “one product – one code” system, thus achieving supply chain transparency and traceability from product production to distribution logistics to business transactions. It effectively prevents circulation of counterfeit and inferior products and enables the protection of corporate brands and consumer rights.
“By increasing the efficiency of the supply chain with full traceability of consumer products, our platform can prevent consumer-deceiving product information, and in the process can help merchants build and maintain consumer trust and confidence,” said Stewart Lor, President of Powerbridge Technologies.