Blockchain Showcase

DLT.sg

Focused on supply chain and build on Hyperledger Fabric business platform, our enterprise-grade blockchain apps are purpose-built for collaborative commerce in large supply chain organizations.

Who are the consumers/users of your app, product or project?
Large Agri/CP, Pharma companies

What business or technology benefit do your users get by using your app, product or project?
Based on Hyperledger Fabric, these apps will enable trade finance, track end-to-end product flow, and deliver a model for unlocking inventory and freeing up cash. SmartCode for Pharma in blockchain is focussed on resolving Pharma counterfeit.

Which Hyperledger projects are you working with?

What were the most compelling features of Hyperledger technologies for this project?
Hyperledger Fabric has the flexibility and maturity needed for Enterprise scale deployment. All the key enterprise players are part of the Hyperledger community gives us the best possible platform to build the application on.

How far along is the project?
In Production

Where is your solution deployed?
Hosted on Azure

Contact
Atul Patel, Co-founder
atul.patel@dlt.sg  @dlt_sg

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Lynkit

LYNKIT.IO is a supply chain and transport documentation application. Our application allows onboarding by cargo owner (consignor) and their consignees, buyers and carriers to upload data and prepare a consignment note as required for transport of goods by road under India’s Carriage by Road Act, 2007. All parties can securely share e-consignment notes/ goods delivery notes and get an e-proof of delivery (POD) over Blockchain. The unique aspect of the application comes from the localisation of its functionality to meet Indian conditions, where law enforcement agencies may require a carrier to produce a printed e-consignment note. Our application provides for printing of each leg of the transaction with QR codes, which can be scanned for verifying the authenticity of the document. The application provides for multi-stage data entry for complete record keeping as per Indian law. For example, carriers can add details such as vehicle registration number, vehicle type and chargeable freight. Consignees are enabled to provide confirmation of receipt of goods, including delivery exceptions such as missing boxes or damaged pieces. The application also allows for geo-tagged photos to be uploaded through our mobile app. Our proprietary IoT platfrom – Lynktrac can also be integrated with consignment notes and e-PODs, on demand. This would allow permissioned parties to track the entire journey of the truck, and associate the GPS device ID with the consignment notes/ PODs along with additional details such as time of locking/unlocking of cargo hold / container.

Who are the consumers/users of your app, product or project?
All persons connected with selling, moving and buying goods either domestically or internationally can be users of our application.

What business or technology benefit do your users get by using your app, product or project?
• Automation and digitisation of regulatory documents; the application brings near real-time visibility to multi-party transactions; reduces trade frictions between consignor & consignee; eliminates fake trade and benefits law enforcement; facilitates trade financing and bill discounting with speed and trust

• Both, consignors and consignees, have a shared view of all incoming and outgoing shipments down to the SKU level

• Carriers can get quicker release of payments since they no longer have to produce original physical copies of PODs

• When all parties in the supply chain are onboarded, it allows for seamless movement of information from consignor to carrier to consignee.

• Consignee can instantly see dispatch date and time and other relevant information such as marks and numbers, vehicle registration number and so on.

• This application can also be integrated with our IoT tracking platform, Lynktrac, enabling additional validation and combining information from human input and machines on to a single application. Thus, delivery delays or exceptions can be validated with actual movement of a vehicle. It overcomes the trust deficit between parties making for smoother transactions. The ability to upload geo-tagged pictures of the consignment is also enabled for the same purpose.

Which Hyperledger projects are you working with?

What were the most compelling features of Hyperledger technologies for this project?
While selecting Hyperledger our team became aware of the superior flexibility of Hyperledger in comparison to other blockchains. We found it to be a highly customizable product. The feature of being a private & permissioned blockchain provided a great fit to the business use case we sought. To address. We were keen on using an open source platform that was backed and supported by a credible organisation and provided for the security and assurance that our large enterprise clients would require. IBM’s Hyperledger Fabric, developed under the auspices of the Linux Foundation, was the best choice. During the development of our project we found all the necessary tools and support we had hoped, and were able to build a scalable and flexible solution.

From a technical standpoint, hyperledger offered the following features that we needed;

• In our application the goods delivery note (or consignment note) is an asset, which is passed on between entities, using our blockchain application.

• As the transaction has both regulatory and financial significance, our application requires a permissioned network, so that all participants can be authenticated before participating and transacting on the blockchain. No unauthorized entity can perform any transaction on our network.

• Channel / Data Privacy – Once an organization is granted access to the blockchain network, it then has the ability to create and maintain a private channel with other specified members, which ensures the privacy of data. Furthermore, multiple logical frameworks can be implemented in a single network by writing chaincodes on multiple channels which is not possible in Ethereum. Knowing how different business will have different use cases, Hyperledger made for a compelling choice.

• Tracking and tracing of data: In Hyperledger Fabric, tracking and tracing of an asset is very easy as every transaction executed on blockchain network has a unique timestamp. This feature allows us to track the original, duplicate and triplicate copies of the goods delivery note, which was one of the primary functional requirements from the application.

• Plug and play: One of the most exciting features in Hyperledger fabric is that additional components can be deployed while the network is up and running whereas in other blockchain networks, any changes to the network would require a rebuild of the whole network.

• High rate of transactions per second: Hyperledger Fabric supports 3,000 transactions per second and which can be scaled to 20,000 transactions per second, which makes for a lightening fast application.

• It did not take us long to know that we had made the correct choice, when a critical question was posed by our team on stackoverflow and none other than Mr. Gary Singh, CTO (IBM Blockchain) gave us the answer.

How far along is the project?
In production

Where is your solution deployed?
Cloud – Private

Contact
Sadhika Kumar, Chief Operating Officer

sadhika@lynkit.in  @Lynkitindia

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