Why do traditional supply chain processes need blockchain? Traditional procurement and supply chain processes can be manual, scattered, inefficient and complex. The use of blockchain in procurement can address these issues by making them faster, more organized and cheaper. Procurement involves sourcing, purchasing and receiving goods and services. It’s a key part of supply chain management, but it often suffers from serious inefficiencies. Procurement depends on contracts, agreements and documents like purchase orders, invoices and delivery notes. Many of these documents might be paper-based, …