TraceInChain2019-07-11T01:31:45+00:00

trace in chain it is a platform that offers traceability of the products from their origin, through handling, transport to their final destination in the hands of the consumer or the buying company.

It integrates all the flows of the supply chain, accompanying the product along the chain.

Each actor in the chain registers the relevant milestones in the platform, this normalized information can be made totally or partially visible to the participants, also the system allows to include in each milestone non-normalized or digitized documents.

The use of trace in chain, allows the sharing of a single platform, which is secure, auditable and accessible to all the actors and make information available throughout the chain.

The Blockchain acts as a decentralized public registry. This system provides a unified, unique data source and creates a clear and consistent transaction log throughout the entire chain.

At each stage of the supply chain, the different actors (people, companies, IOT) register the relevant milestone in the product trace through their ERP, trace in chain securely store each of these milestones in Blockchain.

The consumer has a tool to check the data of a product and its history. An important advantage over traditional methods that require requests for information from various sources, sending documentation, etc.

This technology allows you to combat counterfeiting, in addition to allowing you to know the origin of the product by scanning a QR code, as well as all the information and relevant trace of it.

trace in chain has a mobile application available for free, with this app you can scan the QR code and directly read the trace information from Blockchain.

SCHEDULE

  • Q1 2019 – Planning

Accomplished

  • Q2 2019 – Development

In Progress

  • Q3 2019 – Testing

Planned

  • Q3-Q4 2019 – Production

Planned

ADVANTAGES AND BENEFITS

Interoperability

  • The Actors can control the traceable information, making it partial or totally visible only to the designated participants.
  • The content is unalterable, transparent and traceable.
  • Supports public auditing of content.
  • Companies can connect to our Cloud using an API or our SAP Module which minimizes the cost and the time to integrate.

Costs

  • Freedom to choose and change blockchain (blockchain agnostic).
  • It has controlled operating costs (independent of the volatility of the crypto market).
  • As SAAS (Software as a Service) software is only paid when used and does not require additional hardware or software.

Legislation

  • Comply with Personal Data legislation.
  • Allow private data to expire (right to be forgotten).
  • It complies with the principles of the «data within borders» legislation.

Brand

  • It allows you to anticipate what will be the new world standard in information security.
  • We can customize the Mobile App to the Brand of your organization(1).

Business

  • It increases the prestige of all the actors, providing a solution that minimizes the bribe, given the public auditability of the information.
  • It accelerates the exchange of information and the verification tasks.
  • It eliminates the need of exchange of papers, forms, etc.
  • The storage of the data is indefinite, and independent of the damage due to the passage of time and manipulation.
  • Maintains a history of changes.
  • Changes to issued milestones are automatically updated for all the actors.
  • Data is normalized and facilitate order, queries, reports and Big Data.
  • It allows adding additional documents as attachments.
  • It increases the confidence of the ecosystem, given the impossibility of digital counterfeiting.