Client is financial services company and one of the oldest national bank charter based out of USA. Bank provides financial services through more than 180 locations in USA.
The client wanted to create a blockchain based application to track Bills of Lading to assign and track consignments as well as assign jobs to peers/subordinates and drivers to accept a job, so through this application the client wanted to create a trustable environment between all the parties by providing blockchain based unified platform to reduce fraud, theft and loss as well mechanism to generate predictive analytics reports, where all the tracking of consignment and trucks including location can be monitor in real time.
By using our Hyperledger Blockchain IoT based Asset Tracking framework, we, Dreamzchain provided a solution to automate the process of tracking and managing their jobs efficiently. It enables the consignment to integrate with business processes in a shared and immutable ledger – increasing trust and transparency across ecosystems.
We developed the user friendly Web-based portal along with Native App for iOS and Android integrated with maps and our blockchain based Asset Tracking solution to create an immutable and transparent ecosystem to track and manage consignment and trucks in real time, and all logs of consignments and trucks are getting stored on blockchain which created the trust between all the involved parties.
Our solution provided better Transparency, Authenticity and anti-counterfeiting, Fast/Real-Time Transaction Settlement, Provenance Tracking in the Bills of Lading
- The Client is able to generate truthful data based on which we will be generating various kind of reports
- Since this solution was built up over blockchain, the client is able to share data with more security and ability to create a trusted ecosystem where all involved parties can rely upon