WEB 3.0 — SUPPLY CHAIN/LOGISTICS INDUSTRY

Bhavik
3 min readApr 14, 2018

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https://shipchain.io/

Imagine a fully integrated system across the entire supply chain, from the moment a shipment leaves the factory, to the final delivery on the customer’s doorstep; federated in trustless, transparent blockchain contracts. This is ShipChain.

The ShipChain platform is based on a simple, yet powerful solution called “Track and Trace.”

Ecosystem will encompass all methods of freight, and will include an open API architecture that can integrate with existing freight management software.

https://cargox.io/

CargoX is the independent supplier of blockchain-based Smart B/L solutions that enable extremely fast, safe, reliable and cost-effective global Bill of Lading processing. CargoX has developed a decentralised platform based on the Ethereum network, and has a pipeline of future products for the supply chain industry.

https://origintrail.io/

OriginTrail is the first purpose-built protocol for supply chain based on the blockchain. Trace (TRAC) is a utility token that enables data operations on the OriginTrail Decentralized Network. It’s functions are the following:

  • Incentive for nodes for performing:
  • Discover & connect functionalities
  • Supply chain consensus checks
  • Data quality checks
  • Data replication checks
  • Data storage & management
  • Filtering & delivering supply chain data
  • Voting rights for token holders (on the next pilot projects)

Smart contract ENS address

https://modum.io/

modum.io combines IoT sensors with blockchain technology, providing data integrity for transactions involving physical products. modum.io offers a passive monitoring solution to streamline the supply chain processes in many sectors.

The modum sensors record environmental conditions that goods are subject to while in transit. When the goods change ownership, the sensor data is verified against predetermined conditions in a smart contract in the blockchain. The contract validates that the conditions meet all of the requirements set out by the sender, their clients, or a regulator and triggers various actions: notifications to sender and receiver, payment, or release of goods.

https://sweetbridge.com/

Sweetbridge is a technology stack and project alliance that solves four basic problems:

  1. Lack of liquidity in supply chains, by creating an innovative collateralized liquidity economy;
  2. Resource underutilization, by enabling asset sharing across organizational boundaries;
  3. Suboptimal supply chain operations, by providing access to liquid professional talent and creating incentives for supply chain professionals to provide services based on objective measurements of outcomes;
  4. Accelerating pace and scale of change, by creating more flexible and adaptive supply chains. To address these problems, Sweetbridge proposes to create a layered blockchain-based protocol stack in the service of a broad ecosystem of supply chain projects. The Sweetbridge project is a combination of bottom-up technologies together with a consortium of project alliances managed by a nonprofit foundation. The Sweetbridge protocol stack will be composed of five layers for

(1) liquidity

(2) settlement

(3) accounting

(4) resource-sharing

(5) optimization.

This work first provides a high-level overview of the Sweetbridge vision and explains how it improves upon existing solutions applicable to supply chains. Next, we focus on the liquidity layer as a first step in the implementation roadmap. Subsequently, we present a proof-of-concept implementation of the liquidity layer using cryptocurrency as collateral. We conclude with the structure of our token offering that is designed to both help fund the project and jumpstart its ecosystem. This effort is the first in a series of projects that will lead to a new economic framework for all commerce, compatible with existing economies and regulatory frameworks but rethinking implementation with a heavy emphasis on next-generation technologies including artificial intelligence, internet of things, and blockchains. The Sweetbridge protocol provides a better way to finance commerce, efficiently utilize assets, and compensate participants

https://ambrosus.com/

Combining high-tech sensors, blockchain protocol and smart contracts, we are building a universally verifiable, community-driven ecosystem to assure the quality, safety & origins of products.

Food & Medicine are life-essential products, but because of the way today’s global supply chains are run, most of us do not know what we are really getting when we consume food or use medicine.

At the Ambrosus project we aim to radically improve the global supply chains by creating a trusted ecosystem where we can reliably record the entire history of products and execute commercial transactions accordingly.

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Bhavik
Bhavik

Written by Bhavik

On a personal level, I consider myself a young dynamic open-minded person with a particular interest in entrepreneurship and new technologies.

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