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{"id":7928,"date":"2024-01-18T18:25:57","date_gmt":"2024-01-18T18:25:57","guid":{"rendered":"https:\/\/seoulchronicle.com\/autify-network-integrates-sia-storage-receives-105000-grant-to-revolutionize-supply-chain-management\/"},"modified":"2024-01-18T18:25:57","modified_gmt":"2024-01-18T18:25:57","slug":"autify-network-integrates-sia-storage-receives-105000-grant-to-revolutionize-supply-chain-management","status":"publish","type":"post","link":"https:\/\/seoulchronicle.com\/autify-network-integrates-sia-storage-receives-105000-grant-to-revolutionize-supply-chain-management\/","title":{"rendered":"Autify Network Integrates Sia Storage, Receives $105,000 Grant to Revolutionize Supply Chain Management"},"content":{"rendered":"
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Singapore, 17th January 2024, ZEX PR WIRE<\/a>,\u00a0<\/strong>Autify Network<\/span><\/a>, a startup in blockchain-powered supply chain management, proudly announces the integration of <\/span>Sia<\/span><\/a>, a decentralized data storage protocol. This transformative move signifies a pivotal step towards enhancing transparency, security, and efficiency in the supply chain industry. This integration has already proven impactful, and Autify Network has been awarded a milestone-based grant of $105,000 by the Sia Foundation.\u00a0<\/span><\/p>\n

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Autify Network\u2019s mission is rooted in empowering businesses globally through blockchain innovation. By leveraging the decentralized nature of blockchain, Autify Network aims to provide secure, transparent, and efficient solutions to the supply chain challenges that are faced by businesses of all sizes. <\/span><\/p>\n

This mission aligns with the company\u2019s vision of creating a global supply chain ecosystem that is resilient and prepared for the demands of the future. Autify Network has consistently demonstrated a commitment to combating counterfeiting and improving traceability within the supply chain industry.<\/span><\/p>\n

Blockchain technology offers a transformative solution to the challenges inherent in supply chain management. By providing a secure and transparent ledger of transactions, blockchain ensures that every step of the supply chain is traceable and tamper-proof.\u00a0<\/span><\/p>\n

This not only mitigates the risk of counterfeit products but also enhances efficiency by streamlining processes, reducing errors, and improving overall visibility.<\/span><\/p>\n

The integration of Sia\u2019s decentralized storage into Autify Network\u2019s Supply Chain Management modules introduces a new era in data storage. Sia\u2019s protocol enhances security, eliminates single points of failure, and provides a scalable solution that adapts to the growing demands of the supply chain ecosystem. This collaboration signifies a commitment to innovation that goes beyond traditional storage solutions.<\/span><\/p>\n

CEO of Autify Network, <\/span><\/em>Nabarun Chakraborty<\/span><\/em><\/a>, expressed enthusiasm about the integration: \u201cOur integration with Sia and the support from the Sia Foundation validate our mission to revolutionize supply chain management through blockchain technology. This is just the beginning of how we are reshaping the future of the industry.\u201d<\/span><\/em><\/p>\n

Key Benefits of the Integration:
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