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.
CEO, aXedras Ltd.
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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Contour is the digital trade network of the world’s leading trade banks, harnessing Corda Enterprise to bring transformational efficiencies to documentary trade. Following 14 public live pilots in 14 countries, Contour has proven to reduce end-to-end processing time for LC’s by 90% or more, simplifying the process for all participants and enabling new business opportunities for banks, corporates and trade ecosystem players. After two years of extensive testing, Contour moved into live production in October 2020.
Digital Venture's supply chain management platform - Blockchain for Procure-to-Pay (B2P) - powered by Corda Enterprise - is poised to revolutionize the efficiency of global trade. It is the world’s first fully integrated blockchain solution for Procure-to-Pay.