Challenges of modern logistics
The main challenges that the global logistics industry faces today include:
- Low data transparency
- Exorbitant operating expenses
- Untraceable delivery
- Data vulnerability
- Lack of trust between parties
- Overcomplicated processes
- Inaccurate data
- Too many intermediaries
Blockchain solution for tracking consignments
OLWay is a logistics and supply chain ecosystem integrated with IoT platforms to make shipping more transparent.
It allows tracking shipments using data from sensors, GPS trackers, and connected devices. The data is stored on the blockchain, enabling real-time information sharing for smooth transshipment and cross-border transactions.
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RTLS
RTLS is a part of the OLWay ecosystem for logistics and warehousing. Powered by IoT, the solution tracks the location of employees, vehicles, and equipment in real-time.
Through connected wearable tags, you can monitor employee presence in operational and prohibited areas, optimize warehouse and working space, and prevent accidents in the workplace (like collisions between people and vehicles).
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Blockchain-based Internet-of-Crops platform for logistics, supply chain, and IoT
Blockchain-based Internet-of-Crops platform
Pipe trading platform
A blockchain-based tool for tracking pipes’ origin and tracing their journey from mines to end customers through pipe supply chains.
Through the connected IoT devices, it authenticates each pipe consignment and provides reliable, tamper-proof information about registered cites, available pipes, pipes that are currently shipped, and detailed transaction histories on each company registered in the blockchain network.
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How we change the game with blockchain for logistics
Improving processes for logistics companies through blockchain development
The OpenLedger team is proficient at implementing blockchain solutions into various areas of the logistics industry. Typical blockchain logistics use cases include:
Transparent data
Process automation
Robust security
Detailed traceability
Authenticity control
Collaboration on the fly
How blockchain works in logistics
- Certificate of origin
- Batch Numbers
- Processing Data
- Barcodes
- Shipment Dates
- Packing List
- Order Number
- Batch Number
- Production Data
- Shipment
Specification (DIMS)
- Bill of Lading
- Routing Instructions
- Shipment Date
- Commodity
Description
- Delivery Signature
- Temperature
- Shipment Status
- Routing Instructions
- Pick Date
- Packaging
- Specifications
- Packaging Barcode
- Receive Date
- Invoice Number
- Customer ID
- Shipment Status
- Delivery Receipt
Logistics companies that use blockchain technology:
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Contact UsWhat you gain by introducing blockchain into your logistics processes
Now is the time to seize the advantages of early adoption and enjoy the benefits of a logistics business that effectively utilizes blockchain, such as:
Trust
Transparency in information and traceability in the supply chain mean more trust from partners and customers. What is more, the high level of confidence is mutual and brings benefits not only for your company, but for all the counterparties as well.
Cost-efficiency
By automating processes with smart contracts, you significantly reduce operating costs. Additionally, a lot of operations can be performed much faster. Thus, you will be able to serve more profitable business activities than before.
Reputation
Transparent, immutable ledgers enable you to demonstrate good faith, best practices and regulatory compliance, enhancing your reputation.
Self-confidence
Collaborations with contractors, partners and regulatory bodies are made transparent and secure with blockchain; in case of disputes, complete, detailed and accurate records are available to all parties.
Peace of mind
In a blockchain-bases system, you retain ultimate control; data theft is impossible, data forgery can be easily disproved thanks to automated, immutable record-keeping.
Competitiveness
Early adopters will see significant competitive advantages from business processes transformed by blockchain, including opportunities for enhanced services and improved margins.
