StreamPay is an enterprise supply chain risk monitoring and payment tracking solution that uses blockchain smart contracts to manage suppliers and finished goods.
StreamPay technology keeps distributed ledgers to create articles to insert into smart contracts so supply chain manufacturers, suppliers, vendors, logistics companies, and customers can track goods and services from the raw materials to the finished product using QR codes and digital signatures.
This solution gives companies the ability to monitor their supply chain to determine whether it faces any risks. StreamPay features a risk index that alerts users on their dashboards to any supply chain problems that could arise. StreamPay manages the quality assurance to ensure the finished goods meet the requirements set by the customers. It also allows inspectors to issue certifications to suppliers and partners. Finally, StreamPay enables parties of a transaction to make policy decisions, and its smart contracts issue payments to suppliers when goods or services have been delivered, based on the terms of the smart contracts. The parties can pay in USD, euros, or cryptocurrencies, and the StreamPay wallet maintains the current local exchange rate. This provides users a worry-free payment experience, and they do not need to buy and sell cryptocurrencies to pay for small items.
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