HOW IT WORKS

Blockchain is
the perfect choice for your
Supply Chain
management

The real-time tracking of a product in a supply chain with the help of blockchain technology reduces the overall cost of moving items in a supply chain. According to a survey conducted by APQC and the Digital Supply Chain Institute (DSCI), more than one-third of supply chain workers cited a reduction in costs as the topmost benefit of a blockchain  application in supply chain management.

Having trust in complex supply chains with many participants is necessary for smooth operations. The immutable nature of blockchain technology in the supply chain is well-designed to establish trust and prevent tampering of data. In the event of a defective product, the source of the problem can be identified more quickly – improving the efficiency of product recalls and dispute resolution between stakeholders.

The INDUSTRIAL APPs and UNISOT DASHBOARD

product

DASHBOARD

Used by the company’s executive and administrative staff to obtain status updates, follow product streams and KPI’s. The dashboard is also used to exchange, sell and buy information with other participants in the supply chain.

product


INDUSTRIAL APP

Intended for staff in factories and out in the fields for the collection of data that cannot be automatically registered by the use of IoT. The staff creates Smart Digital Twins on the blockchain – representing physical objects, i.e. a package of fish. Information like temperature, position, weight, etc. is recorded in the Smart Digital Twins. The app also includes a feature to easily transfer ownership of a product via its Smart Digital Twin as the product travels through the supply chain.

productERP PLUGIN

The Business System Plugin are software modules installed in a company’s business system – enabling communication between the company’s business processes and the UNISOT Node. The plugin makes the Blockchain functionality transparent to business users so that they can continue to use the system as normal to register & retrieve information, send & receive orders, invoices, etc.

product

CONSUMER APP

Enables consumers to scan a QR code on a product to get information regarding its content, proof of journey, proof of origin, suggestions on suitable recipes, etc. The app opens for communication between consumers and manufacturers, who can get direct feedback from consumers on product quality. Manufacturers use this information to optimize manufacturing processes, increase quality and strengthening the customer’s connection to the product.

HORECA APP

Designed for professional use with similar features as the Consumer App. Scanning of a QR code gives information about the content, proof of origin, proof of journey, etc. The app opens direct communication between Horeca and manufacturers, who receive feedback on product quality, etc. that the manufacturer can use to effectively optimize manufacturing and distribution processes.

DIGITAL THREADS

One of the biggest concerns in supply chains is the lack of visibility as companies are challenged with trusting stakeholders to provide data such as the product lifecycle history. UNISOT enables data to flow effortlessly between supply chain stakeholders with UNISOT Digital Threads – where data can travel peer-to-peer between stakeholders forward and backwards through supply chains.

Supply chains are facing significant complexity as extended supply chains cause a ripple effect like a start-stop traffic jam in which data slowly travels from stakeholder-to-stakeholder up and down the whole supply chain. Data sources are often limited to the last interacted  stakeholder, and several types of stakeholders, including suppliers, distributors and customers, significantly increase the supply chain complexity.

To solve this, all stakeholders must be viewing the same data on a macro level. UNISOT’s Visibility platform allows a commonplace for stakeholders to record and view data publicly or privately. Data is no longer siloed but instead immutably following an item’s lifecycle history. A spider web of linked blockchain data provides a consistent and reliable way to manage an item’s lifecycle. Data may be presented to a stakeholder whether they are the first, last, or any collaborating partner.

Visibility enables new business models such as buying and selling data through micro-payments across supply chains. Businesses may purchase data such as a temperature from circulating products – allowing new insights to develop new business strategies. Digital Threads enable visibility and improved collaboration across the supply chain for all stakeholders.