Talking about crypto with real utility
ONLY FOR SERIOUS AND LONG‑TERM INVESTORS, SCALPERS AND THOSE USING LEVERAGE, STEP BACK FIRST
One category I like in crypto is this:
SUPPLY CHAIN
How come?
Let’s dive in!
ABOUT SUPPLY CHAIN CRYPTO
In short, this crypto is designed to help the supply chain world. The main focus is on:
- Transparency
- Trace‑ability
- Efficiency
- Fraud prevention
- Real‑time tracking
Sub‑applications of supply‑chain coins are LOGISTICS, INVENTORY MANAGEMENT, and VERIFICATION
Why is this important?
To make it clearer, I’ll briefly explain supply chain.
A huge number of products we consume and use go through a supply chain process.
Example:
- Cotton from India
- Bought by a company in Bangladesh to be turned into fabric
- Shipped to Vietnam, dyed there
- Sent to Indonesia, to a textile factory, sorted by color, quality, thickness, etc., before entering the domestic market and ending up in the hands of tailors and clothing stores
(There are many more examples, but basically most of the items you enjoy have raw materials from various regions or countries.)
THE PROBLEM:
Every step from India to Indonesia is handled by different companies. The one dealing with cotton in India is not the same as the one turning it into fabric in Vietnam, and so on. No one truly knows the process before it passes to the next party. It basically relies on paper documents and trust.
Example problems that can arise and solutions using crypto/blockchain:
1. Not sure about the source of your product
Are you sure the coffee you drink really comes from Brazil (the so‑called premium)? Not just a claim from the neighboring village?
Every step from farming to the end user is tagged and can be scanned via QR code, and anyone can view the transaction verification on a public ledger.
Example: VeChain embeds chips in luxury bags like Gucci. We can verify the product from raw material to the store where it’s sold.
2. Food poisoning – who’s to blame?
Suppose I ordered A5 wagyu steak from Japan at a restaurant in Jakarta and got food poisoning. Is it the farmer’s fault? Which farmer? I bought a lot of meat, hard to track. Is it the farm’s hygiene? The restaurant’s? Tracking is tough. With blockchain, everything is integrated and can be traced quickly.
Example: Walmart has used this for their vegetable products since 2018.
3. Items that need cold storage like medicines or vaccines can be ruined if someone neglects or forgets to close the fridge, and the issue is often discovered late.
Using sensors connected to blockchain, the breach is reported instantly. Once the temperature exceeds tolerance, the alert is written to the blockchain. This is already used by Moderna and Pfizer.
4. Middlemen/brokers taking huge commissions.
Usually from the upstream (e.g., coffee farmers in Brazil) to the cup you sip at a trendy café, there are 5‑10 companies taking fees. That means for every 30,000 IDR you spend on an Americano, the farmer may only receive 2,000 IDR. That’s sad, right?
With crypto, farmers can be paid directly.
Any examples of such applications? Yes. Just search “Moyee Coffee Ethiopia”.
5. Lots of documentation, bureaucracy, fraud.
Every time a product crosses a border, invoices, bills, tax documents, customs forms, etc., are required. Many can be forged, creating corruption opportunities.
Using an immutable open digital ledger makes it much easier.
6. Smart contracts help small entrepreneurs survive.
Payments can be slow. For example, 90‑day terms after goods arrive, while the goods themselves arrive in a month.
Small players run out of cash. With a smart contract, you could have “once receipt is confirmed, send USDT to the supplier’s wallet” – DONE.
See how important SUPPLY CHAIN CRYPTO is?
So, I think you want to get straight to the point: Which coin to buy? (laugh)
Disclaimer first: this is not financial advice.
Cryptocurrencies in this category include:
$VET VeChain
$TRAC Origin Trail
$XYO
$XEP Electra Protocol
Just do your deep research (or if many request, I’ll provide the research later).
Where to buy? Think for yourself!
Good luck, guys!
This is a real use case that isn’t flashy, but it’s actually used by many people.
VeChain (VET)
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