trace-labs-is-driving-radical-transparency-and-trust-in-agri-food-supply-chains-with-origintrail-and-oracle

Trace Labs is driving radical transparency and trust in agri-food supply chains with OriginTrail and Oracle

 

Transparency and trust are crucial for well-performing and sustainable agri-food supply chains. Yet, in too many food supply chains both are lacking. Using the OriginTrail Decentralized Knowledge Graph and Oracle Blockchain PlatformTrace Labs has recently launched a solution to drive radical trust and process optimization in agri-food supply chains with the use of distributed ledger technologies (DLTs). The solution is used to set up automated trusted payments for milk to help optimize a dairy supply chain as part of SmartAgriHubs (SAH), the largest EU-funded project focusing on digitizing the European agri-food sector.

Almost one-third of global food manufacturers cannot guarantee that the ingredients they use are not fraudulent. The root cause is insufficient data exchange due to a lack of trust between different organizations. As such, data is often stored in silos at every point in the supply chain, which is a significant barrier to effective traceability and overall transparency.

Trace Labs is actively tackling this problem with unique solutions built on the open-source OriginTrail Decentralized Knowledge Graph (DKG). With the use of the OriginTrail DKG, crucial data from stakeholders across the supply chains can be connected and secured from manipulation through semantic web and blockchain technologies. Trusted and connected linked data is then used in different web applications to improve the traceability of products, increase trust, and help optimize every stage of the supply chain management process.

When a problem such as contamination is discovered, the solution enables quick discovery of the product trail end-to-end. With all the data interconnected and accessible, it is easier to track and trace the root cause of any problem that may occur. This drives down the costs of recalls and prevents food waste. The solution also provides an excellent technological infrastructure for deploying other kinds of trusted solutions for optimizing agri-food value chains, like trusted and automated payments in dairy and other value chains.

Optimizing dairy value chains with OriginTrail and Oracle technology

Milk payment is a complex process and the price of milk paid to a farmer depends on multiple factors. The quality of the milk, the quantity of the shipment, and negotiated margins all play a part in every single delivery that farmers make. Additionally, these deliveries are taken in and processed by different organizations, like farmers, agricultural cooperatives, dairies, and testing laboratories. All of this means that the current way of handling payments towards the farmers still involves significant manual effort to verify all inputs and ensure the right process is respected.

To help optimize this process, Trace Labs paired OriginTrail with the smart contract capabilities of Oracle Hyperledger Fabric to deliver a solution that showcases how blockchain-based technologies can improve efficiency, safety, and trust in food supply chains without interrupting the existing business processes. Using the two systems, the milk payment mechanism that Trace Labs developed enables automatic calculation of payments due to each of the farmers based on the trusted milk processing data stored on the OriginTrail Decentralized Network (ODN) and the contractual data stored in the Hyperledger Fabric.

Notably, the new system in no way changes the current IT landscape, nor the existing business processes. Rather, it treats both as key data sources and a starting point for improvement. Each of the involved IT systems (the dairy ERP, the cooperative ERP, and the cooperative contractual data) exports data in its existing format, Trace Labs’ solution restructures the data for interoperability and prepares it for publishing on the OriginTrail DKG.

Since a lot of the included data is very business-sensitive, data access control and permissioning is handled with great care. Critical data is kept in the secure private store of the OriginTrail node subgraph with only key integrity-assuring data points published to the public DKG (metadata for indexing and cryptographic proofs for data validation). Once the cooperative is ready to make the payment, the required payment data is taken out of the Oracle Hyperledger Fabric blockchain and restructured into a payment file.

Combining all components, Trace Labs was able to entirely automate the payment system by simultaneously increasing the integrity level of the entire process and the accountability of each supply chain partner for the parts that they are responsible for. The solution was initially deployed in the scope of the Smart Agri Hubs project supported by the European Union (EU) under Horizon 2020 research and innovation program.

OriginTrail – combining data integrity, confidentiality and connectivity for supply chain transparency and trust

The implemented solutions prove that effective and efficient blockchain solutions can be built on top of existing IT infrastructure enabling systems interoperability and linked data. There was no need for costly rip-and-replace of existing IT infrastructure for any of the stakeholders in the respective value chains when implementing the solutions.

Importantly, by enabling the users of the solutions to combine both the integrity of public networks and the confidentiality of private ones, Trace Labs ensures that agri-food stakeholders can extract tangible benefits from using blockchain-based technologies. Namely, making sure their supply chains are more efficient, more transparent, and more sustainable. All things which increase the long-term viability of their business and allow for a greater value proposition.

This project has received funding from the European Union’s Horizon 2020 research and innovation program under grant agreement No 818182.

webank-named-in-gartner-“the-china-blockchain-service-network:-a-new-digital-infrastructure-to-accelerate-and-challenge-digital-commerce-globally”

WeBank Named in Gartner “The China Blockchain Service Network: A New Digital Infrastructure to Accelerate and Challenge Digital Commerce Globally”

WeBank named in Gartner’s report “The China Blockchain Service Network: A New Digital Infrastructure to Accelerate and Challenge Digital Commerce Globally”1 in 2020.

According to Gartner1, “The China blockchain service network (BSN) is a technical infrastructure designed to support and enable the majority of blockchain applications in the Chinese market and provide the backbone infrastructure for commercial activity. It can be regarded as a new internet protocol to facilitate trusted data, value and asset sharing between computer nodes. Gartner believes that from a policy objective, the BSN aims, in particular, to accelerate smart city developments — including activities involving Internet of Things (IoT), artificial intelligence (AI), payments, government processes and the digital silk road initiative.”

As in 2019, together with Hyperledger Fabric, WeBank’s consortium blockchain platform FISCO BCOS has joined the BSN as the only two officially certified licensing frameworks. The adaption of FISCO BCOS on BSN was completed in April 2020. Currently, many projects within the FISCO BCOS ecosystem are selected for BSN’s official designated applications.

Gartner also identified WeBank as a sample vendor in terms of blockchain in government in the Hype Cycle for Smart City and Sustainability in China, 20202. In 2020, WeBank applied its open-source blockchain technologies to on application scenarios, such as “The Green Mobility Inclusive Platform.” It aims to effectively promote the trusted data circulation and integration of public welfare data, helping to enhance the efficiency of industry-wide collaboration.

Also, responding to the global challenge of COVID-19, WeBank has actively fulfilled its social responsibilities. With its open source blockchain technology, WeBank supported the mutual recognition of cross-border blockchain health code between Guangdong and Macau. By the end of December 2020, the health code system has supported 300,000 daily customs clearances and a cumulative total of 38 million customs clearances, which greatly helped the resumption of work and production during the pandemic.

Source:

1. Gartner, The China Blockchain Service Network: A New Digital Infrastructure to Accelerate and Challenge Digital Commerce Globally, by David Furlonger31 August 2020

2. Gartner, Hype Cycle for Smart City and Sustainability in China, 2020, by Milly XiangUko TianKevin Ji31 July 2020

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

SOURCE WeBank Co Ltd

hyperledger-welcomes-10-new-members,-including-edf-and-jd-digits

Hyperledger Welcomes 10 New Members, Including EDF and JD Digits

 Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, today announced the latest line-up of new members to join its enterprise blockchain community. Ten new members, including BSOS, EDF and JD Digits Technology Holding Co., Ltd., have joined bringing added diversity to the multi-venture, multi-stakeholder effort hosted at the Linux Foundation.

In addition, Hyperledger announced it has signed a total of 20 Hyperledger Certified Service Providers (HCSPs) as BSOS and Hitachi have now completed the certification requirements. Hyperledger has also added to its growing case study library with detailed reports on DLT Labs’ freight invoice management solution in use by Walmart CanadaLedgerDomain’s pharmaceutical supply chain deployment and the openIDL blockchain platform for secure data sharing within the insurance industry. The line-up of case studies is a good preview of some of the content that will be part of the next Hyperledger Global Forum, which will take place in Q2 of 2021.

This continued momentum comes as Hyperledger marks its coming 5th anniversary with its Five Years of Hyperledger panel series (#5yearsofHyperledger). As the culmination of the series, Hyperledger is also hosting a community-wide networking session. The networking session, slated for December 17 at 1:00 pm EST, will be a chance for networking and discussion organized around key themes that will shape the next five years of enterprise blockchain.

“While it is gratifying to look back at how the Hyperledger community has grown and evolved, it’s even more compelling to think about the technologies and opportunities that lie ahead,” said Brian Behlendorf, Executive Director, Hyperledger. “Maturing technologies, business models and markets are making blockchain an increasingly strategic platform across a number of industries. Our community is at the forefront for developing and deploying enterprise blockchain technology that delivers meaningful results, and this latest line-up of new members and service providers will now be part of the effort to drive the market forward.”

Hyperledger allows organizations to create solid, industry-specific applications, platforms and hardware systems to support their individual business transactions by offering enterprise-grade, open source distributed ledger frameworks, libraries and tools. General members joining the community are BSOS, EDF, JD Digits Technology Holding Co., Ltd., OCTO Technology, Red Date Technology, Shanghai Tianji Network Co., Ltd., Troon Technologies and WISeKey.

Hyperledger supports an open community that values the contributions and participation from various entities. As such, pre-approved non-profits, open source projects and government entities can join Hyperledger at no cost as associate members. Associate members joining this month include Saintgits College of Engineering and XPRIZE.

New member quotes:

BSOS
“BSOS is very honored to join the Hyperledger community,” said Daniel Huang, Co-Founder & CEO of BSOS. “As a leader in polycentric business ecosystems, BSOS truly knows that the key to enterprise blockchain implementation lies in addressing real and complicated needs of businesses by dealing with the challenges of identity, privacy, and value recognition. So BSOS provides four sets of technical tools designed to address four different issues: key management, public key infrastructure, data privacy, and data tokenization. While each of the tools can be applied independently, they can also work together to create synergy. We are thrilled to cooperate with the Hyperledger community and are looking forward to contributing our knowledge and efforts to the ecosystem!”

EDF
“Distributed computing will be part of the future electrical systems, and Hyperledger’s blockchain technologies will contribute to this. We have many ongoing projects and a very active skills community,” said Gilles Deleuze, coordinator of EDF blockchain task force. “So, we look forward to contributing to Hyperledger’s projects as well as investigating new use cases for the energy sector.”

JD Digits Technology Holding Co., Ltd
“JD Digits has been conducting blockchain-related technology research and applications since 2016, and Hyperledger provides a good technical base for our early application development. While now we have our own open-source blockchain underlying engine, JD Chain, our PaaS-class technology product, the JD Digits Blockchain as a Service Platform, is still compatible with the Hyperledger Fabric, which has a large user base,” said Cao Peng, the vice president of JD Digits Technology Group. “JD Digits is committed to providing a full range of ‘science and technology, industry and ecology’ services, including blockchain, based on information technology, to create a digital ‘link’ model of the industry. Together with Hyperledger, we look forward to promoting the safe, rapid and equitable flow of global data and values to build a credible ecosystem of co-construction, co-governance and sharing.”

OCTO Technology
“OCTO has taken a position of technology agnostic to better advise its clients,” said Sébastien Massart, Blockchain Lead for OCTO Technology. “With Besu, Sawtooth and Aries and a host of other projects, the wealth of the Hyperledger goes beyond  Fabric. This sets OCTO up to be a key player in laying the groundwork for these technologies in the next few years.”

Red Date Technology 
“We’re very glad to be part of Hyperledger,” said Yifan He, CEO of Red Date Technology, Executive Director of BSN Development Association. “The BSN is a cross-cloud, cross-portal, and cross-chain global public infrastructure used to deploy and operate all types of blockchain dApps regardless of their infrastructure or framework choices. The BSN drastically lowers the costs associated with deploying a blockchain service or dApps across different ecosystems. With the collaboration with Hyperledger, we are hoping to bring more business opportunities to the open source communities.”

Shanghai Tianji Network Co., Ltd 
“We’re extremely excited to join Hyperledger,” said Dongcheng Lin, General Manager of Tianji Network Blockchain Center. “We are focused on advancing the blockchain application in the field of real estate in China. We chose Hyperledger Fabric as one of the core supported technologies for EBaaS (Estate Blockchain as a Service Platform). Now we have launched 20 consortium blockchain applications. Additionally, we have received multiple awards and been approved by the government and our partners. Joining the Hyperledger community will help us truly master open source technology and achieve our goals.”

Troon Technologies
“Hyperledger Fabric presents a unique possibility for enterprise businesses to consider the power around automated decisions across companies and individuals,” said Paul Dube, Partner, Troon Technologies. “Digital governance and smart contracts carried out across a distributed single source of truth will advance business continuity and relationships to heights never seen before. The adoption is not so much a technology challenge but rather more of a challenge around organization business and the realization of new economic models. Web2.0 revolutionized how we interact online, but web3.0 with platforms like Hyperledger Fabric and smart contract logic executed through enterprise decisions will revolutionize agreements and redefine value exchange among all participants. It’s literally changing the data structure in the backend of the internet from centralized to distributed.”

WISeKey
“We are excited to join the Hyperledger community, and we look forward to working with its members to facilitate the rapid and global adaptation of blockchain-based solutions,” said Carlos Moreira, WISeKey’s Founder and CEO. “WISeKey’s technology supports an ecosystem of connected devices and creates a secured platform to help these devices become intelligent and trusted, able to identify, authenticate and verify each other, gather and analyze data and then safely share with other devices. As a pioneer of blockchain technologies, we are committed to continue our journey of creating cutting-edge applications designed to solve peoples’ problems, transform businesses and create a better world.”

Members big and small are collaborating across company and country lines to ensure the success of Hyperledger business blockchain technologies, building products, services and solutions on top of Hyperledger code bases that are critical to their lines of business. Learn more about becoming a member of Hyperledger.