Blockchain in the Supply Chain

("Skytech" pronounced) players of the applications of the chain-Block developed by SCtech (ie software suppliers dedicated to the development of applications based on the chain-blocks for the management of the supply chain) Procurement (SC) processes: document management, traceability, ancestry and finance. They are currently engaged in (POC) proof-of-concept experiments to identify SC processes will benefit most from block-based applications. These POCs also help determine business case criteria. The software components based on the block-string in the stack build on top of each other, and includes features that expand gradually: Depth of the supply chain: Using traditional two-party exchange data, applications increasingly enable participants to reach SC partners further upstream and downstream in a peer-to-peer mode. Depth of Trust: Program allows SC partners to increase their confidence in the accuracy of the data exchanged and access to data based on the need to know. Standalone execution: The more string-based block applications extends along the first two, more independent drivers, they become manual intervention. Straight-through processing is SCtech's features. The following quick overview provides an assessment of the software components in the stack chain-based stack IT supply chain. Interoperability: The first column of the stack contains software applications that enable SC practitioners to exchange data between their business and enterprise partner resource planning solutions. Likewise, the provisions of this module connect ERP with business-to-business networks (such as Ariba, Basware, GTNexus, Tradeshift, Elemica, Covisint) through which SC partners exchange purchase orders, Supplier ratings, invoices and payment instructions. Finally, interoperability with block chains ensures that applications run on a distributed public or private book infrastructure. Confidentiality: With this second module, SC practitioners are able to select the data at the individual level - that they want to share with SC partners. The selected parties must be allocated special accessibility powers and an administration grants module rights, permits and revocation authority. Document: With secure interoperability and data access granted only to authorized parties, applications can now be used to dematerialize legal documents on paper, approve and tokenize them on the chain of secure recording blocks, tracking Document exchange flows and allow the transfer of ownership. Documents include receivables, debts and invoices. Chain-based applications in this module provides digital product memory and provide proof of revenue confidence for payments to a wide range of SC participants (ie SC depth) and increased levels of trust. The exchange of documents can no longer be automated between computer systems. Track / Origin: Origin of goods requires certificates and certification documents, which is why this module is based on the previous building block for the digital document. Blocking the application-based chain designed to interact with existing paper-based documents, contracts and assets (eg, letters of credit, bills of lading) is a prerequisite for tracking the origin of goods and services Assets. Authenticity / Certification: This module of the computer stack containing software-based block chain that ensures the documents and data are original, authentic and legitimate. Peer-to-peer reputation algorithms are an integral part of this component of the stack: To minimize threats to open up the community of SC, community reputation calculated through transaction peer feedback stories, help estimate peers Credibility and predict their future behavior. Identification: The software applications of this top component ensuring SC parts are really which they say they are. The software features of this module to create and manage identities by including relevant documentation, allows participants to access that identity, and allows authority participants to request identity certificates.