At UNISOT, we are committed to empowering the electro industry with pioneering technology and innovative solutions. Our ElectroOnChain solution redefines traceability, verification and labeling throughout the entire electro supply chain. With our Industry Solutions, powered by Blockchain and AI technologies we enhance the capabilities and effectiveness of Building Information Modeling (BIM) by providing a comprehensive and transparent approach to assist companies in embracing sustainability, complying with regulations, safeguarding the authenticity of products and fostering stronger connections with customers.
SUPPLY CHAIN TRANSPARENCY
DOCUMENTATION AND RECORD-KEEPING
Maintaining transparency across the supply chain is important in the electro industry. UNISOT’s Asset Traceability Platform boosts transparency and traceability within this field, enabling all stakeholders, from suppliers to technicians, to track the movement and condition of electro materials and equipment in real time. This heightened visibility is essential for ensuring the integrity of the supply chain and the successful completion of electro projects.
Manually handling of Bill-of-Lading, Waybills, Delivery Notes, Customs Notes and Invoices are prone to errors and is time-consuming. UNISOT’s ElectroOnChain solution digitizes and streamlines these document processes through secure and immutable records and smart contracts, reducing the risk of fraud and errors.
EFFICIENCY AND COST REDUCTION
PAYMENT DELAYS AND DISPUTES
Operational inefficiencies such as empty return journeys and underutilized capacity are common in the electro industry. UNISOT’s Asset Traceability Platform helps optimize logistics and supply chain operations, increasing efficiency and saving costs.
The electro industry can face issues with payment delays and disputes over terms. The UNISOT Platform enables automated payment as well as micro payments between supply chain actors, reducing the risk and severity of disputes.
COUNTERFEIT GOODS AND SECURITY
ENVIRONMENTAL SUSTAINABILITY
The issue of counterfeit materials can be a significant concern in the electro industry. Our platform aids in authenticating the legitimacy of electro components and materials and ensures they comply with regulatory standards, addressing the challenge of counterfeit products in the electro supply chain.
There is a growing demand for sustainable practices in the electro industry. Our industry solution can assist in tracking and verifying sustainable practices across the supply chain, ensuring compliance with environmental standards.
DATA SHARING AND COLLABORATION
REGULATORY COMPLIANCE
Efficient data sharing among different stakeholders in the electro industry, such as suppliers, contractors and regulatory bodies, can be challenging. UNISOT’s platform streamlines secure and efficient data exchange in the electro sector, improving collaboration and incentivizing joint efforts.
Complying with international and local regulations can be complex. UNISOT provides a transparent and auditable trail of all transactions, aiding in regulatory compliance.
TRUTH. TRANSPARENCY. TRUST.
UNISOT, the Universal Source of Truth, is a groundbreaking Asset Traceability Platform based on Blockchain & AI technologies. It utilizes the transparent and secure nature of Blockchain technology to provide transparency, traceability and efficiency in electro supply chain management. UNISOT’s ElectroOnChain, driven by the Smart Digital Twin technology, is poised to revolutionize the electro industry. The benefits are vast, ranging from enhanced traceability and transparency to substantial improvements in efficiency and customer trust. By placing unique QR codes or RFID/NFC on each product, customers can use their mobile phones to scan and access a wealth of information through a Digital Product Passport. The Digital Product Passport contains information upheld by UNISOT’s Smart Digital Twin technology, ensuring instant availability of verified, current details about every product. ElectroOnChain contributes to sustainability efforts by enabling the tracking of eco-friendly practices and ethical sourcing in the supply chain. This empowers costumers to support businesses that prioritize sustainability and ethical considerations.
UNISOT’s Chain-of-Custody (CoC) function provides secure and transparent traceability. It creates an accurate, timestamped record of each transaction, ensuring real-time visibility of a product’s journey from production to delivery.
It involves authenticating each participant in the supply chain and thereby adding layers of accountability and trust. UNISOT’s CoC delivers undeniable proof of a product’s Chain-of-Custody, ensuring its authenticity.
E-LIABILITY
UNISOT’s E-liability function (ELI) offers transparent GHG emissions tracking across business supply and distribution chains, refining the current system and reducing inaccuracies and manipulations.
Companies measure their direct (Scope 1) emissions, termed “E-liabilities”, in units of various gases like CO2, CH4, N2O and O3. These emissions are allocated to products using traditional accounting techniques. The product’s ‘price’ then reflects both its financial price as well as its environmental price. All these records are securely stored on the Blockchain.
Customers can view the total emissions associated with a product through the UNISOT Digital Product Passport, aiding in informed purchasing decisions based on a product’s environmental impact.
DATA COLLECTION APP
The UNISOT Data Collection App (DCA) is a mobile-friendly, web-based application tailored to simplify data collection for field workers. This intuitive app is pivotal in efficiently gathering essential information from various field operations, covering a broad spectrum of activities and measurements. Through the DCA, field workers can effortlessly log diverse data types, ranging from completing job tasks and capturing delivery specifics to recording quantitative metrics like quantities, weights, geographical locations. etc. A key feature of the DCA is its capability to securely record detailed information about raw materials, including aspects of their processing, handling and chain-of-custody, along with methods used and volumes processed. This functionality is critical across sectors where tracing the lifecycle of products, from raw material sourcing to recycling, is essential. Moreover, the app supports documenting the logistics involved in loading, transportation and delivery of goods, making it an invaluable asset for logistics and supply chain management. The UNISOT Data Collection App is an effective tool for inventory management and waste reduction, facilitating the accurate registration of inventory levels and discarded items. Whether it’s employed for monitoring field operations, assuring the quality of goods in transit, or keeping inventory records current, the DCA stands out as an essential tool, enhancing both the precision and efficiency of data collection in the field.
THE DIGITAL PRODUCT PASSPORT
The Digital Product Passport supports the new EU regulations on Ecodesign for Sustainable Products (ESPR) including the “EU Digital Product Passport”. Under the new regulation, the DPP must ensure that all actors along the value chain, including consumers, economic operators and national authorities, can access product information relevant to them, as well as include the necessary data attributes to enable the tracking of all substances of concern throughout the life cycle of the product.
The Digital Product Passport’s content is dependent on the specific product and its category, encompassing a variety of information such as:
- Origin: Where and how the product was made.
- Manufacturing details: Information on the production process.
- Distribution and delivery: How the product reaches customers.
- Usage guidelines: Instructions and best practices for using the product.
- Recycling processes: Ways to recycle or dispose of the product responsibly.
This information is supported by a detailed set of data that traces the product’s lifecycle. The significance of this passport includes:
- Telling the story of the product and its components’ journey.
- Offering insights into the product’s origins, enhancing transparency.
- Assuring environmental integrity to prevent greenwashing.
- Facilitating a move towards a circular economy, focusing on the longevity, recyclability and efficiency of materials and methods.
EXTERNAL AND INTERNAL BENEFITS
The Digital Product Passport (DPP) serves two important purposes: external use for customer engagement and internal use for companies to leverage data benefits. Both aspects contribute significantly to transforming business practices, enhancing stakeholder relationships and promoting compliance with regulatory standards, all aligned with broader societal and environmental objectives.
EXTERNAL USE CASES
BRANDING AND MARKETING
This feature enriches the product’s story and appeal by providing detailed narratives, attractive images, and engaging videos. It helps in establishing a strong brand identity and emotional connection with the customer, enhancing marketing efforts.
VERIFIED PRODUCT DETAILS
A unique ID and QR-code gives access to a wealth of information such as origin, components, journey through the supply chain and sustainability practices. This plays a crucial role in combating counterfeit products. Customers can verify the authenticity to ensure they receive genuine products.
PROVABLE DATA
Digitally signed data from verified sources on the blockchain ensures data is provable, with creators held legally accountable. This solidifies data integrity, enables transparent traceability, and upholds the authenticity and legal liability for information entered.
DIRECT FEEDBACK
Creates a direct communication channel for customers to share feedback about their product experiences. This feedback is crucial for businesses to gain insights into customer preferences and improve their products and services accordingly.
LOYALTY CERTIFICATES
Allows customers to buy loyalty certificates, directly supporting the people involved in the production of the product or contributing to charitable causes. This feature builds a sense of community and goodwill and strengthens customer loyalty to the brand.
CIRCULAR ECONOMY
Encourages eco-friendly responsible behavior by offering incentives for returning packaging materials. This not only promotes recycling but also aligns the brand with sustainability goals and the principles of a circular economy.
INTERNAL USE CASES
TARGETED PRODUCT RECALL
Facilitates rapid identification and tracking of products in the event of a recall, minimizing risk to customers and reputational damage. The passport’s detailed product history allows for targeted recalls, ensuring only affected products are withdrawn.
COMPLIANCE
Ensures compliance with the new ESPR and DPP regulations by enhancing product traceability, providing accessible and comprehensive product information, and facilitating environmental impact reporting, all of which are key aspects of these regulations.
DATA SHARING
Offers access to critical data sharing across the supply chain, enabling faster, more informed decision-making. Detailed product data helps in responding quickly to market demands, inventory needs and operational changes.
AUDITABILITY
E2E Traceability plays a pivotal role in enhancing the auditability of the electro supply chain. By providing a secure, transparent, and comprehensive data repository, it enables auditors to effectively verify compliance, assess ethical practices, and ensure responsible sourcing throughout the supply chain.
SOCIAL IMPACT
Demonstrates commitment to social responsibility and responsible products. This transparency supports corporate social responsibility initiatives and aligns with customer expectations for socially conscious brands.
QUALITY CONTROL
The Digital Product Passport plays a crucial role in quality control. It allows for better collaboration across the supply chain and helps companies to quickly identify and rectify any quality issues, ensuring ambitious standards are consistently met.
NAVIGATING SUPPLY CHAIN REGULATIONS
CSDDD – CORPORATE SUSTAINABILITY DUE DILIGENCE DIRECTIVE
UNISOT’s Asset Traceability Platform aids companies in complying with the EU Corporate Sustainability Due Diligence Directive (CSDDD) through its automated solution for mapping supplier networks. This helps ensure business practices meet the directive’s human rights and environmental standards, starting from 2024 to 2026.
EUDR – EU DEFORESTATION REGULATION
UNISOT’s Blockchain & AI platform helps companies comply with the EU’s Deforestation-free Products Regulation by tracking products from source to market, ensuring they’re not linked to deforestation. It stores detailed origin and compliance data, simplifying due diligence and supporting sustainable practices. This will be effective from December 30, 2024.
CBAM – CARBON BORDER ADJUSTMENT MECHANISM
UNISOT’s Asset Traceability Platform is crucial for EU’s CBAM compliance, providing advanced data collection tools for accurate carbon calculation, real-time reporting and secure integration. It ensures compliance with CBAM’s verification standards, facilitating a smooth transition and preparation for full implementation by 2026.
CSRD – Corporate Sustainability Reporting Directive
UNISOT’s Asset Traceability Platform streamlines CSRD compliance for companies with its secure data collection across the supply chain. It tracks and manages vital ESG data, enhancing transparency and supporting sustainable practices. This system aligns with CSRD requirements, aiding responsible business operations from January 1, 2024.
EPA Scope 3 GHG Emissions
UNISOT’s ElectroOnChain enables companies to track and report on their Scope 3 greenhouse gas emissions throughout the supply chain, helping them to identify areas for improvement and comply with EPA guidelines.