Why Blockchain Projects in Logistics Have Taken Of

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One of the rather public use cases includes STCC, an SEC-registered company involved in the distribution of o-rings in the United States. Due to a number of stakeholders in their supply chain, STCC forecasts tremendous savings in regards to transaction fees. Based on their 8K report, STCC reports that "the DiMO smart contract system can potentially minimize these [transaction] fees and anticipate charging a nominal fee of 90 basis points (...) of the total transaction value for every transaction executed through the DiMo marketplace."

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