BlockArray, the blockchain startup is bringing smart protocols and the groundwork needed to infuse blockchain to the traditional methods still used in supply chain, logistics and fleet management.
HOW IT WORKS
- Truck Driver will scan the barcode (bill of lading details )
- Data and Information validation is checked by the truck driver
- Upon accepting and upon leaving the shippers area, an automatic geo fence is triggered which sends the data to BlockArrays base.
- The driver has data from the ELD device on details how duration etc. and for cross verification if needed.
Due to the use of blockchain, the data stored is public and accurate.This is where blockchain technology aids dispute resolution in the industry of supply chain and logistics.
FEATURES BY BLOCKARRAY
Dual-Layer QR Codes: No more sham
Dual-Layer QR Codes specifically designed to counter counterfeit transactions. This is ensured by using the Reed-Solomon Error Correction Coding , and using this the scanning library can distinguish between authentic and counterfeit goods.
Badger Mobile App
A unique barcode is provided which users can scan, leading them to interact with products they are looking for also providing them with data such as product details, product safety, warranty, history of reviews and the dealers.
Proof of Logging
Truck Drivers are allowed to maintain their records on any electronic device with the help of their Mobile application and BlockArrays very own Chainpoint nodes, for example, on any platform they choose such as Google Drive, DropBox, Storj, etc. An ELD mandate has been issued, and is underway to replace paper logs by 2019.
Enterprise Application
It's simple enough. BlockArrays barcode scanning library is integrated to their mobile app, which is powered by blockchain technology. Hence users can easily access data and records by merely scanning the barcode on the product.
Visual Smart Contracts
VIsual smartcontracts are all about enabling customers to draft customized documents. Simply create one and set conditions for what sections need to be present.These conditions are easy to set up and one can also set the desired recipients for details such as proof of anchor, delivery, viewing, etc. Another feature is the Data Routing conditioning, which allows to have multiple delivery options and pre set conditions.
TOKEN AND ICO SPECIFICS
ARY is the token used to access divergent network infrastructures. The atmost minimum for access is 1 ARY. ARY is an ERC-20 Token. The token must be "Staked" in customer wallet in order to have access.
Token : ARY
Token sale : 5 JAN – 10 JAN
Token Issue: 14 JANUARY
Token type: ERC20
ICO Token Price: 1 ARY = 0.26 USD (0.00021 ETH)
Fundraising Goal: 14,400,000 USD (11,500 ETH)
Total Tokens: 105,250,000 Available for Token Sale: 60%
Countries that can't participate: SINGAPORE, CHINA, KOREA, HONG KONG
Accepts: ETH
AND THE VERDICT?
While the transition to blockchain technology in the vast field of supply chain and logistics is a foreseen fact, BlockArray has not only used it to its advantage, but also provided meticulous details of making their platform secure, user friendly and reliable. For more details , visit blockarray.com/
For More details visit
Website: http://www.blockarray.com
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By:Karanj
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