INDUSTRY SOLUTIONS

AUTOMOTIVE
MEDICAL AND PHARMACEUTICALS
FOOD SUPPLY AND AGRICULTURE
AVIATION

How can Blockchain Help?

Traditionally, the data-sharing process to detect disruptions, assess the risks, and take mitigation actions are manual across the supply chain, between physical locations, and disparate systems. When adverse events occurred, manual processes are needed to investigate impacts to shipments and locations. Many times, supply chain managers are forced to base decisions on very little information. The entire system is expensive, slow, error prone, and highly inconsistent, which can lead to negative impacts on customers when the estimated delivery is wrong or if they are not notified about delays early enough. What is there was a better way to implement data so that the supply chain could be better connected?

The core technology of blockchain is a decentralized ledger, which records and secures data shared among multiple entities.

In supply chain management, the focus is on allowing a set number of known entities to conduct transactions with one another directly while improving security, ensuring contract compliance and reducing costs. Instead of coins such as in cryptocurrencies, supply chain blockchains “tokenize” a variety of transaction-related data, creating unique and readily verifiable identifiers for purchase orders, inventory units, bills of lading, etc.

Every participant in the chain has their own unique digital signature, which is used to “sign” tokens moving through the chain. Every phase of a given transaction is recorded in the transfers between stakeholders, providing a built-in audit trail that can’t be tampered with since everyone gets their own copy of the chain. A bad actor tinkering with their own chain would also have to find a way to make the same changes to subsequent links in the copies maintained by everyone else. This provides an immutable, trustless system for organizing data.

Organizations like Boeing, CAT, the US Air Force, and more already rely on blockchain’s transparency, immutability and security.

Supply Chain Management

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CASE STUDIES

Supply Chain Early Warning System

Dow Chemical manufacturers plastics, chemicals, and other products with employees in over 160 countries. With a vast supply chain to monitor, Dow’s CIO needed to find a solution that was not only immutable, but made data-sharing easy.

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Secure Additive Manufacturing

The U.S. Air Force has selected SIMBA Chain to assist with its “Additive Manufacturing” efforts at home and on the battlefield. With SIMBA, the Air Force’s BASECAMP project will decentralize Additive Manufacturing in the field while maintaining data integrity.

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More Ethical, Sustainable Sourcing

Toks Restaurantes, SIMBA Chain and the University of Notre Dame launched a blockchain project with Toks’ coffee grower-suppliers to support a completely trackable, auditable “farm to Toks” supply chain. Mexican coffee farmers have seen their income grow by as much as 700%!

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SIMBA Platform for Supply Chain

This vision is made possible using the SIMBA Blocks. SIMBA Blocks is designed with Supply Chain Management in mind. SIMBA Blocks allows any organization to begin easily building on the blockchain, and fast. In most cases, building blockchain applications takes months of planning, building, and testing before production can start. SIMBA shortens this process to weeks or days, with built-in configurations for security, monitoring, and integrations between your current applications and those to be built on the blockchain.

SIMBA Blocks delivers an intuitive web interface for administration and monitoring, plus powerful features like a Smart Contract Designer and GraphQL UI. On the front end, SIMBA Blocks auto-generates REST APIs that connect to smart contracts. Behind these scenes, these APIs can communicate with different blockchain protocols. When developers call these REST APIs, SIMBA Blocks seamlessly converts them to blockchain transactions. SIMBA Blocks also monitors blockchain updates, allowing users to configure applications in response to change.

SIMBA Enterprise Platform Flow

Supported Blockchains

Ethereum

Ethereum

Quorum

Quorum

Stellar

Stellar

RSK

RSK

Binance

Binance

Avalanche

Avalanche

Hyperledger Fabric

Hyperledger Fabric

Hyperledger Burrow

Hyperledger Burrow

Hyperledger Sawtooth

Hyperledger Sawtooth

Want to Learn More?

Contact a SIMBA Blocks expert for call or demo.