SemTrace Connect utilizes blockchain technology to create an immutable, secure ledger of transactions and movements across the supply chain.

Each batch of semiconductor material is assigned a unique digital token that records all stages of its journey, capturing data about origin, transit, and quality checks.

Stakeholders, including suppliers, manufacturers, and distributors, input data into the platform using a user-friendly interface, verified through cryptographic signatures.

The system offers real-time status updates and alerts, enabling immediate action if anomalies are detected.

Integration with existing ERP systems ensures synchronized data updates without overhauling current processes.

SemTrace Connect provides unparalleled transparency, safeguarding against counterfeit materials and ensuring compliance with regulatory standards.

Its blockchain foundation guarantees data integrity, while seamless integration reduces disruptions and costs associated with legacy system replacements.

Blockchain technology is mature and increasingly adopted for supply chain applications; cost involves initial development and integration.

Regulatory compliance will be eased due to improved traceability.

Competitors include other traceability solutions, but none with comprehensive blockchain integration customized for semiconductors.