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Supply Chain Management

Supply Chain in the blockchain

Today's context

Supply Chain become critical in the modern world.

In Modern society consumers are seeking for information about the products with different aspects; tracking the way, seeking if the goods are original. Products is a one way the other side is a food; We all want to have fresh food, if we would like to pay extra for truffles we would like to know maybe which region  in as origin?

History

For many years the answer of the tracking the goods and management of Supply Chain was RFID tags. (Radio Frequency Identification) . The tags are working with various frequencies to depending on the use (to be elaborated more with the types). RFID tags are useless if we are not able to use them in the right moments and as we are not able to store the information in a secure way.

The RFID evolution started with Big computers in the Logistic centres and Shopping malls, then big corporates established their own IT infrastructure. Then the Cloud Computing came into the picture and from that moment Logistics companies and Supply chain actors started to be able to store the data outside of the expensive own IT infrastructure. NFC and Mobile revolution came to the picture 5 years ago when Mobile devices are able to read RFID documents and information from the goods and food thanks to NFC technology.

What IF we would go further and use RFID technology with Mobile devices but store the information in most democratic and easily accessible database called „Blockchain”

What is Blockchain

A blockchain is a data structure that makes it possible to create and share a digital ledger of transactions. It uses cryptography to allow anyone granted access to add to the ledger in a secure way without the need for a central authority. Once a block of data is recorded on the blockchain ledger, it’s extremely difficult to change or remove. Blockchain is a digital public registry possible to enter inside and control for all possible stakeholders

  • Blockchain is allowing and giving the possibility for people to co-operate each other without clear and certified trusted third party
  • Blockchain is a key to prove originality and identity
  • Blockchain is a machine to create trust

Story to get an interest

Recently, Europe is engulfed in horsemeat scandal — spot checks conducted by Irish beef inspectors led consumers across Europe to realize that they might not be getting beef when purchasing beef products. In fact, one inspection found that about a third of hamburger meat was composed of horse meat and not beef. This case is evidence that the global food supply chain is just too complex to monitor without RFID and other technologies.

The issue here is simple: It is expensive to track every animal using pen and paper, inspect every animal crossing borders, and create a chain of custody showing where the meat used in a particular product originated.

The world’s food supply chain crisscrosses countries and continents. Monitoring billions of dollars’ worth of food moving from one place to another is impossible with the systems currently being used. This leaves gaping holes for unscrupulous businesses to exploit, potentially putting tens of thousands of people at risk.

The time has come to use RFID and other automatic data-capture technologies to monitor animals and food shipments. Small farms may say that they can’t afford the technology. But tags are becoming cheaper, and there are systems hosted in the cloud that enable users to read tags via their mobile phones and then upload that information, so it can be shared with business partners and government regulators.

If there’s an international effort to standardise both RFID’s use for food tracking and the systems utilized for sharing data, the cost will be a lot less than the cost of having people swear off beef because they no longer trust that what they get is pure and safe

The „Blockchain remedy” for Supply Chain

Maybe our horsemeat is a beef? Maybe our truffles was damaged during the way and temperature destroyed them? People are ready for paying extra if they are received extra service, rare of the service, paying for charity for handmade products or perfect originality of the food. Supply chain with a RFID chips in Blockchain It is not only tracking the goods or answer the fresh or not - It is actually much more.

How this works - in the nutshell?

RFID chips are stored into the goods, food, item. The RFID chips can be read via different available devices, in particular, It can be ready as well by any Android Smartphone.

Blockchain allows us to check the content of the digital asset that represents the goods  on the blockchain. It ensures the history and any details about the goods have been recorded on the blockchain. The platform we are offering is a standalone platform tracking the RFID chips in the digital ledger using Smart-Contracts.

What could we track and monitor?

  • Food - temperature, time
  • Medical Products - temperature, time
  • Pharmaceuticals - temperature
  • Blood including database of the blood
  • Originality of the goods
  • Originality of the food
  • Monitoring of the goods and food during the storage
  • …and more

What are the benefits of using our system?

PRODUCT QUALITY

Ensuring product quality is probably the most important activity in any business.

SAFER FOR YOUR CUSTOMERS

The customer would be 100% sure and confident that the sent product is safe to use or eat - life safety could depend on this.

SECURE BRAND

The brand can be completely damaged if the customer will be ill or injured after eating the poisoned food or damaged pharmaceutical products.

COMPENSATION FOR HARMED PRODUCTS

Insurance can be easier to activate when you can prove if something went wrong why and where.

EASIER LOGISTICS

The earlier damage recognized  the better. Solution can avoid human and machine mistakes.