Coins: 10053 Exchanges: 946 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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SilkChain price

SilkChain Price (SILK)

$0.0001386

20.85%
Rank #6706

SilkChain Price Chart (SILK/USD)

Last updated 22 Jun 2022, 09:11AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 LBank SILK / USDT $0.30863000 0.48% $176,028
2 CoinTiger SILK / USDT $0.00017970 16.00% $73,921
3 Coinstore SILK / USDT $0.40049000 24.93% $0

SILK Price Statistics

$0
24H Range
$0
  • SilkChain Price Now $0
  • 24h Low / 24h High $0 / $0
  • Trading Volume $62,020
  • Market Cap Rank #0
  • Market Cap $0
  • Volume / Market Cap 0.0000
  • All-Time High $0 -98.89%
    Oct 15, 2018
  • All-Time Low $0 6,421.84%
    May 21, 2021
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SilkChain: Revolutionizing the Supply Chain Industry with Cryptocurrency

Introduction

SilkChain is a groundbreaking cryptocurrency that aims to transform the supply chain industry. Leveraging blockchain technology, SilkChain provides companies with a transparent, efficient, and secure platform for managing their supply chain operations.

What is SilkChain?

SilkChain is a decentralized platform built on the Ethereum blockchain, specifically designed to address the challenges of the supply chain industry. It harnesses the power of smart contracts to create a more efficient and trustworthy supply chain ecosystem.

The Benefits of SilkChain

SilkChain offers numerous advantages to companies seeking to streamline their supply chain processes. Here are some key benefits:

1. Transparency: SilkChain provides a transparent platform where participants can track and verify every step in the supply chain. This transparency helps reduce fraud, counterfeiting, and other illegal activities.

2. Efficiency: By utilizing smart contracts, SilkChain automates and streamlines various supply chain processes, reducing paperwork, manual errors, and delays. This efficiency results in cost savings and faster delivery times.

3. Security: SilkChain ensures secure data storage and exchange through its decentralized blockchain, protecting sensitive information from unauthorized access or tampering.

4. Trust: The decentralized nature of SilkChain removes the need for intermediaries, enabling direct transactions between involved parties. This eliminates trust issues and reduces transaction costs.

Use Cases

SilkChain can be used in various industries and scenarios. Some examples include:

1. Product Authentication: Companies can use SilkChain to verify the authenticity of their products in real-time, reducing the risk of counterfeiting.

2. Supply Chain Tracking: SilkChain enables participants to track goods from origin to destination, ensuring transparency and providing real-time updates on delivery progress.

3. Inventory Management: By integrating SilkChain into their inventory systems, businesses can automate and optimize inventory management, reducing stockouts and minimizing carrying costs.

Conclusion

SilkChain cryptocurrency is revolutionizing the supply chain industry with its transparent, efficient, and secure platform. By leveraging blockchain technology, SilkChain addresses the challenges faced by companies in managing their supply chain processes. With its numerous benefits and versatile use cases, SilkChain has the potential to transform the way supply chains are managed, benefiting businesses and consumers alike.