We implement blockchain solutions for transportation and supply chain.
Design. Develop. Implement.
HYPERLEDGER FABRIC BLOCKCHAIN
DESIGN AND DEVELOPMENT
We can design, develop, and deploy a full-scale blockchain solution in Hyperledger Fabric. We can utilize a managed HLF infrastructure in AWS, or build a custom Hyperledger Fabric cluster on public or private cloud.
SMART CONTRACTS
We develop and integrate new smart contracts into existing networks. If you already host or are a member of a blockchain network and planning to extend functionality, we can accelerate your development.
NETWORK PEER DEPLOYMENT
We help companies join existing blockchain networks and smart contracts. Our team will set up a blockchain peer in your private cloud for security and guaranteed access to multi-party blockchain data.
DATA INTEGRATION
We connect key process data to blockchain to enable smart contracts. Our team integrates elements of TMS, ELD, WMS, and SCM software into the blockchain.
WHY USE BLOCKCHAIN IN
TRANSPORTATION AND SUPPLY CHAIN
Enhanced Tracebility
Blockchain provides an immutable ledger, making it possible to track goods and vehicles in real-time, ensuring transparency and accountability in transportation processes.
REduce
Fraud
Blockchain's tamper-proof nature means that transport documentation, like Bills of Lading or airway bills, can't be illicitly altered, reducing instances of fraud.
Smart Contracts
These automate various transportation processes, such as payments upon reaching destinations, reducing the need for intermediaries and potential disputes.
DIspute Resolution
With clear and immutable records, disputes related to shipments, deliveries, and payments can be minimized or resolved more rapidly.
Integration with IoT
Combining blockchain with IoT devices, like sensors on cargo containers or vehicles, offers enhanced monitoring capabilities and data integrity.
Secure Data sharing
Multiple parties, from logistics providers to customs officers, can access necessary data without compromising its security, aiding in smoother transportation processes.
Paperless Efficiency
Eliminating paper-based processes and reducing the need for intermediaries can expedite transportation operations.
Transparency in pricing
With blockchain, participants can view the cost components, like fuel charges, handling fees, and tolls, leading to fair and transparent pricing.
Contact Us
We help our clients to quantify uncertainty and evaluate strategic decisions with data science, simulations, and stochastic modeling. Send us a note and we will contact you for a discussion.