Typical supply chain industry challenges

From smaller wholesalers to global enterprise companies in product supply and distribution, every organization’s supply chain faces the same hazards and obstacles:

  • Scattered, delayed, incomplete, unreliable information available to chain members
  • Undue costs attached to inventory management and paperwork
  • Natural disasters, unforeseen shortages, demand spikes
  • Insufficient traceability of assets
  • Fraud and theft, human error, counterfeit goods, and lack of security
  • Inability to fulfill customer expectations
  • Lack of universal and maintainable database

Blockchain solution for logistics, supply chain, and IoT

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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Why business supply chains run better on blockchains

Changing the landscape of enterprise supply chain market
OpenLedger helps you to benefit from these main blockchain opportunities to make hundreds of your supply chain operations more cost-effective:

Complete transparency

Any blockchain-stored records are simultaneously and instantly available to senders, receivers, shippers, and regulators and always will be. This level of data accessibility makes decisions and operations flow faster and easier, with diminished process complexity.

Smart contracts

Simplify and improve arrivals and departures, shipments, changes of ownership, and other operations. Reduce costs by automating procedures that previously required manual execution before.

Secure operations

Decentralized and encrypted, records on permissioned blockchains cannot be deleted, hidden or tampered with, and are safe from unauthorized access. It’s a fundamentally secure, yet adaptable peer-to-peer solution for supply chain security.

End-to-end traceability

Track each assets’ origin, properties, and movements across trade zones and borders. Identify fraud, theft, and damage, and take action to prevent failure before it happens.

Certifications & compliance

It’ s never been easier for enterprises to manage compliance, verification, and certification of goods and employees.

Seamless collaboration

Blockchain-based systems allow multiple entities and participants to effectively communicate using electronic signatures, instant document exchange, automatic contract verification and other collaboration opportunities.

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Get smoother operations and happier customers

Decentralized supply chains are impacting companies and conglomerates, markets and industries, transforming global trade activities and conditions.

Customer satisfaction

Accurately track product quality and origin. Add smoother, lower-friction inventory management. React to spikes and drops in customer demand. All better, faster and more reliably than ever before.

Fair trade

Blockchain-based tools can validate the assets’ origin, manufacturer, materials, and more. Companies reduce counterfeit goods and provably support sustainable and ethical trade, human rights, and environmental protection.

Branding

Achieve brand dominance by providing next-level service. Better workflow, transparency, and efficiency increase trust between partners and employees, as well as improving sales and revenue.

Trade flow facilitation

Streamlined processes allow you to effectively build connections across national borders, jurisdictions , and operational differences.

Competitive advantage

For newer companies, using blockchain technology for operations optimization can be key to winning out over more well-established competitors. Blockchain-based solutions to industry-wide challenges give you the edge in a crowded marketplace.

Secure interactions

Blockchain acts a single point of communication between all parties in the supply chain, a network where only selected participants can access data, with every action recorded on a distributed ledger and secured.

Explore blockchain solutions for:

IoT

IoT

OpenLedger delivers innovative solutions combining IoT with encrypted, immutable, auditable blockchains.

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Logistics

Logistics

Improve your logistics processes with blockchain technology to gain competitive advantage and reduce operational costs.

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Healthcare

Healthcare

Use blockchain technology for better privacy protection, efficient data exchange, and secure patient data control in healthcare.

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Real estate

Real estate

Explore the benefits of blockchain in real estate, including data management and financial processing optimization.

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Insurance

Insurance

Transform your key processes and leverage the potential of blockchain in insurance industry.

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Automotive

Automotive

Whether it's ride-sharing, manufacturing, vehicle tracking, automotive interactions, blockchain can power your business.

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Retail

Retail

Build consumer trust, improve supply chain manageability, protect against counterfeit goods with blockchain for retail.

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Education

Education

OpenLedger brings a team of experienced blockchain developers and creates custom solutions for education projects.

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Charity

Charity

Build trust with donors, recipients and other stakeholders, ensure that aid reaches the right people, and improve administration costs.

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Why work with us

Extensive expertise

You’ll get access to the expertise both of our own blockchain products and of successfully implemented custom solutions

Extensive expertise

Cutting-edge solutions

The OpenLedger team is pioneering the frontiers of blockchain tech and employing it to drive your company’s success.

Cutting-edge solutions

Highly-skilled dev team

All our tech solutions are built by the in-house cross-functional team. The strongest blockchain specialists on the market will be working on your project

Highly-skilled dev team

Profound R&D

OpenLedger’s outstanding R&D department deeply researches unique ways of improving your products and services, so we can implement them together.

Profound R&D

We’d love to show how blockchain technology can help your supply chain business.

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