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R3 is excited to announce Dr. Alisa DiCaprio as our Chief Economist. Read the full announcement here.

Customers

Supply Chain

Learn how Corda is revolutionizing supply chains across the globe.

Blockchain for supply chain management: use cases and applications

Greater visibility into the origin and movement of goods and more accurate and timely supply chain data to address inefficiencies and risks in today’s global value chains. Without a way to synchronize information among multiple parties along the supply chain, each organization records its own version of the truth, leading to errors, high costs, and reputational and financial risks. What if buyers, suppliers, shippers, and other supply chain actors could transact in a trusted network that keeps everyone in sync, in real-time and in strict privacy?

What are the use cases of blockchain for supply chain? By leveraging blockchain in the supply chain, Distributed Ledger Technology (DLT) applications enable global trading partners to transact securely and with consensus over shared facts to increase efficiency, transparency and visibility. Blockchain use cases for supply chain include immutability into the provenance of goods, the elimination of reconciliation pain across multiple parties and the real-time visibility to perform track and trace analysis, assess risks and accelerate physical and financial supply chains. Discover how blockchain is revolutionizing supply chain and download Corda Enterprise for a free trial today.

Why Corda?

 

Smart contracts on Corda provide a single source of truth for supply chain records – these can be verified by all stakeholders, delivering transparency to all parties

 

As Corda is a permissioned blockchain, regulators can access information about the supply chain in a secure environment, reducing penalties for noncompliance

 

Parties can capture and verify the origin, quantity, movement, location and transfer of materials, raw ingredients and finished products on-demand

 

Gain control and complete visibility of your supplier network—including shipping, logistics, insurance, and more—enabling your business to grow faster and more profitably

 

Maximize efficiency by understanding the location and flow of products within your supply chain—from the stage of raw materials all the way to post delivery

 

Streamline record-keeping and reporting systems to ensure reliable manifests, bills of lading, certifications and more

Testimonials

Corda was the clear choice because it has a very high confidentiality compared to other blockchain platforms. But what’s also important to us is having an enterprise-grade solution, because that creates trust.

Urs Röösli

CEO, aXedras

Success Stories

Gavea

Gavea is a Brazilian startup company in the agricultural technology space. Their solution is an exchange that connects commodity buyers and sellers. This unique exchange makes the negotiation and trading process traceable, cheaper and more efficient.

aXedras

The aXedras™ Bullion Integrity Ledger™ digitalizes the precious metal value chain all the way from miner to investor—boosting provenance tracking, regulatory compliance and product integrity while reducing transaction times, manual processes and reconciliation. Powered by Corda Enterprise, the solution enables all parties to dramatically increase the efficiency and transparency of trading physical commodities while also maintaining strict confidentiality.

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