BLOCKCHAIN & IOT BASED SMART SUPPLY CHAIN PLATFORM
TODAY’S CAELUM, TOMORROW’S HERITAGE
SUPPLY CHAIN
Connecting our industrial business to the supply chain is crucial. Today’s supply chain process has multiple actors having different technical capacities. Sharing data requires manual, time-consuming, and paper-based processes resulting in numerous repetitive tasks. To change it, we are building a blockchain-based, fully digital ecosystem for all actors in the supply chain. They can connect directly with each other, track transactions, and exchange assets in real-time without intermediaries. We use peer-to-peer validation to make the supply chain an efficient, transparent, and secure environment. Moreover, the supply chain continuously records and provides real-time information on product location, transportation, and warehousing through the IoT device. If necessary, the product’s origin, temperature, and sealing can also be tracked.
Blockchain-based commodity trading platform will use our industrial park and its products for the foundation. To effectively operate, this trading platform will require a fully digital supply chain ecosystem that can feed real-time data and track assets in a decentralized blockchain network.
Accessible via easy to use web and mobile user interfaces, and an open API, the Smart Hub brings together supply chain actors, and enable their supply chains to share information, collaborate, conduct data analysis, and validate product traceability in real-time on a trusted platform.
The Smart Hub allows secure sharing and exchange of documents with supply chain partners using blockchain powered version control. Authorized parties to any shipment can immediately see when changes have been made, and by whom, along a shipment journey.
IoT sensors are installed on containers/trucks and transmit data to the Smart Hub dashboard to track valuable shipments, monitor their key physical measurements, and protect high-value products against theft. A client gets positioning data for shipment in real-time, irrespective of the shipping carrier they choose.
Based on the blockchain based trusted network established among the Smart Hub participants, the marketplace ecosystem will enable verification and scoring of stakeholders in supply chain without the need for third-party credentials. Moreover, the marketplace is a blockchain based decentralized ecosystem that enables buying, selling and exchanging of services without the need of intermediaries among the users.
