In this applications, a few generic supply chain events are built in:
- Manufacturers create assets and request bids for their purchase
- Distributors then bid on these assets
- Manufacturers accept a bid and launch a smart contract to track the fulfillment of this order
Distributors can then repeat this process for sale to Retailers; all while Regulators have visibility into all bids and transactions in real-time.
This application takes advantage of STRATO’s built-in features for managing privacy, governance and authentication in order to create the four distinct roles in the network with proper permissions and visibility.