the The Blockchain for a digital bill of lading: The MOSOLF-group is working together with ETECTURE a logistics solution for the automotive industry. They rely on Smart Contracts, in order to create a tamper-protected network that can be used to optimize the Transport of cars.
By Phillip Horch
24. January 2019 ETH$115,93 -1.24% part Facebook Twitter LinkedIn xing mail
In contrast to Bitcoin, which serves as a store of Value, you can develop with the Ethereum Blockchain Smart Contracts. The “smart contracts” are designed, automated and at the same time counterfeit-proof transactions. As a Use Case the logistics of the project, Vitalik Buterin often, because by using the Ethereum Blockchain and Smart Contracts, among other documents secure. The Technology Consulting company Etecture is now working on such a solution for the automotive industry. The Blockchain solution, which the company jointly developed with LAWA Solutions, is intended for the system provider to the automotive industry, Mosolf.
Blockchain for more efficiency and safety
it is said in a press release, the BTC-ECHO is:
“the goal of the Blockchain-the Initiative of the three companies is the safety and efficiency of processes within the supply chain in the automobile to increase industry-wide. For this purpose, a digital waybill is used, in which the various steps in the logistics process of loading, Transport, Delivery) are included (.“
hash of secure documents
also, you should be able to with the same document Fingerprint (hash value), to submit it to the Blockchain. The network will then check with Smart Contracts, the uniqueness of the transaction. The Blockchain also makes the Relation between the vehicle and the cargo-paper. As a result, the System ultimately ensures the authenticity of the documents and records the transaction, then in the Blockchain. Users should be able to check it via a web service, according to a press release. Etecture is for programming the Smart Contracts jurisdiction, LAWA Solutions is working on the corresponding dApp for the collection and processing of the data.
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For the future, the three companies plan to the System to expand. So additional optimizations in the area of transaction costs and stewardship are achieved. Matthias Schmidt, Digital Strategy & Transformation at Etecture, declared accordingly:
“for the automotive industry-so-important criteria, such as km solution, or in the future, the use of Original spare parts are now on our Blockchain-mappable. The digital waybill is a key factor in the digital Transformation in the area of logistics.“