Our product verification technology owned the standard patents in Australia blockchain technology. Study more on the blockchain report in IP Australia.
Blockchain technology opens new possibilities for industry co-operation. Disruption is about to come to the traditionally staid world of supply chains. We understand that it is time for the many varied players in the logistics industry to embrace the philosophy of the sharing economy as it spreads to new industries.
We’ve all seen the impact these changes have had on the taxi and hotel industries. Industry alliances will help companies to adapt the the changes about to sweep across the logistics industry. Businesses that can adapt, form alliances, and develop new business models, will be the ones that survive the wave of disruption that is about to hit.
The logistics industry is about to be transformed by new technologies.
Blockchain is a new way the logistics industry can store and access supply chain data.
TBSx3 encrypts a unique ID on each item. This new serialisation tool stores in a blockchain the identity of each individual bottle or packet as it leaves the manufacturing line.
That identity can be traced through the entire logistics supply chain as the container of protected products moves from warehouse to trucking company, to port, to ship.
You have a detailed record of every custodial handover right to the delivery point – whether that be a warehouse, store, hospital, pharmacy, patient or shopper.
Exporters and supply chain companies will also enjoy the benefits of improved speed and reduced uncertainty.
Blockchain is breakthrough for data storage technology. It integrates the digital universe with the physical world of serialized items, cartons, pallets, and containers. That integration intertwined with GS1 and GDS can involve the various tamper-proof technologies such as geo-tagging and labelling technologies such as Internet of Things, RFID and NFC.
A mobile device can be used to check the provenance of the item in one click.
Most people on the planet now have a mobile phone.
(1.3 billion in China, 530 million in India)
Our technology has been designed and built to monitor and protect goods through the entire supply chain: from assembly line to store shelf.
See how it can protect your brand reputation and increase customer loyalty today.