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"BLOCNETS has an intuitive, user friendly interface. We are currently working with a key vendor to incorporate this tool to securely exchange contractual and technical data, and are experiencing an increased level of collaboration and communication with this vendor as a result.”

Kenneth W. Sullivan, Ph.D., P.E. President and CEO

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Micro Craft, Inc.

Bringing blockchain to the supply chain

Today’s supply chains are incredibly complex as intricate webs of suppliers, partners, and customers exchange “things of value” including goods, services, data, and documents often across international borders. By putting your supply chain on the blockchain, you encode each transaction into a block of digital data as the parties agree to the details. Each block is connected to the one before it and after it, creating a permanent and immutable history of every product from origin to sale.   

Thanks to this shared record, reconciling disparate ledgers becomes a thing of the past. Information is shared across a private network on a need-to-know basis. And transactions are permanently recorded without the risk of anyone deleting or altering any information. 

The result is a more trusted and efficient supply chain that reduces the time delays, added costs, and human error that plague today’s supply chains.

BLOCNETS is powered by Hyperledger

BLOCNETS is built on Hyperledger technology implemented on the SAP, AWS, and IBM platforms. Hyperledger is an open source collaborative effort created by The Linux Foundation to advance the adoption of cross-industry blockchain technologies.

What problems does BLOCNETS solve?

Difficulty validating that end products have been built according to design specifications

Difficulty protecting intellectual property such as 3D printer models, bill of materials, manufacturing statistics, and other documents.

Lack of traceability due, in part, to the fact that many small- and medium-size suppliers don’t have the staff or infrastructure to participate in a connected supply chain

Costly delays in the delivery of parts and materials.

The inability to securely distribute documents and control who has access to which documents

Risk of unauthorized or counterfeit parts entering the network.

Low-quality data such as incorrect procurement requirements and inaccurate material availability.

Enterprise Resource Planning (ERP) systems are not designed to connect multiple, independent companies in an extended supply chain. Most small- and medium-size businesses that make up the supply chain do not have extensive IT staffs to address these issues on their own.

BLOCNETS economically integrates your ERP with the small- and medium-size businesses across your extended supply chain.

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BLOCNETS revolutionizes the extended supply chain.

BLOCNETS use cases:

Any authorized participant in a large supply chain network can economically add their customers and suppliers to their network using the BLOCNETS Onboarding Assistant. This enables each company to control their relationships and what information is shared with other network participants, thereby establishing their community of users. All of this is done without the need of consultants or IT staff.

The multiple relationships that exist between participants in the network can be automated and integrated. Relationships extend beyond direct buyers and suppliers, with fast flow of materials and information and a significant reduction in the network bullwhip effect.

All materials and parts, production processes, and shipping activities are tracked as they move across the supply chain without the need to log on to a separate system or portal, with corresponding digital data that provides a permanent record of the sequence of activities.  

The quality of all materials and parts in the network are automatically validated upon shipment and receipt based on design specifications and production requirements.

The origin of all materials is 100% validated upon receipt. If a material cannot be validated at any location, it will not be received into the network.

Digital IP of all types is secured both  during distribution and storage including bill of materials, manufacturing statics, quality metrics, x-rays, photos, 3D printer files, and other documents.

Every block in the blockchain can be quickly searched for specific data including material numbers, serial numbers, shipping numbers, production order numbers, and other information.

Users can quickly ascertain the location, count, and status of any material or part in the network, obtaining the transparency needed to quickly, accurately, and cost-effectively fulfill orders.

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