Enable visibility into how raw commodities are purchased, processed and shipped from origin to final destination.
Storing data on blockchain provides the option to share traceability data with third parties.
Having one common trace of supply chain data enables participants to save time. The aim is to increase efficiency through reducing paperwork and clerical errors to become a valuable tool for trade finance, shipping and warehouse solutions.
Verified, digital identities and certificates along with smart contracts enable the delivery of and payment for commodities between unfamiliar parties, as well as automate the flow of data and paperwork. Verified data reduce the risk of fraud.
Complete Data Control and Ownership
Each member of the supply chain can permission the information they choose to share and demonstrate their contribution to a sustainable supply chain. The data that users upload belongs completely to that member and can only be viewed by the owner of the data unless permissioned otherwise.
Leverage efficiency of transactions and of transparency by standardized all data related to traceability, contracts and communication.