Blockchain solutions for supply chains
Blockchain solutions upgrade complex supply chains, making them faster, more open and reliable
Supply chain industry challenges
Numerous participants of a supply chain industry get exposed to financial losses, lack a desired speed of their workflow, and simply can't trust each other due to the following problems:
Physical damage of goods
No proper control of product quality and origin
Failure to meet delivery time and difficulties in determining delay factors
Difficulties when introducing changes to an existing supply chain
Complex negotiations on amendments to contracts and agreements
Such enterprises and Maersk, Walmart, Unilever are already using blockchain platforms for supply chain optimization.
Blockchain enablement stages
Consulting
Analysis and preparation for the implementation of the most efficient solution for your business
Full-cycle development
Development of enterprise logistics solutions based on private blockchain platforms by a dedicated development team
Support
Professional support of
developed solutions
developed solutions
Solutions for supply chain
Simplifying EDI management
The introduction of blockchain solutions that support EDI (Electronic Data Interchange) standards increases document transparency and gives participants the ability to access information in real-time. It also eliminates the need for third-party EDI providers.
Shipping logistics control
The blockchain technology gives cargo quality monitoring solutions and cargo tracking solutions an opportunity to provide organizations with access to immutable information, which is stored in a trustworthy ledger. That factor significantly increases the level of trust in these solutions.
Examples of blockchain systems for the logistics industry and supply chain
A system for collecting, storing and managing data from IoT devices
A system collects information from various devices installed on a vehicle, container or cargo. Information about location, temperature, humidity, etc. is streamed into a blockchain system, where any changes are carefully monitored. This allows you to quickly respond to a problem, as well as to trace any deviations that occur during transportation.
Documentation digitalization
Such system combines numerous documents from various supply chain participants into a single blockchain-backed database. Participants get direct access to necessary documentation, which significantly reduces the time of various operations.
A system for issuing and processing letters of credit
A three-party blockchain system for issuing and processing letters of credit allows sellers, buyers and banks to quickly settle transactions and be confident, that agreed conditions of goods delivery and payment can be completely fulfilled. Smart contracts operating inside the system allow to automate the process of determining a fact of contract terms fulfillment.
Implemented projects
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