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blockchain
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passport-title

Proof of Concepts :

  • img

    Delivery and Distribution

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    Express Post Shipping

introduction to
Supply Chain

Supply chains can be complicated.

Imagine for a moment that a manufacturer uses the wrong design specs, a supplier mixes up two different orders or a raw material causes a bad batch of products that need to be recalled. On top of that, billions of dollars in cash flow are now tied up while the problem is being rectified plus the 60-day payment terms.

The effects of poorly managed supply chains continue to trouble businesses today. On May 10th of 2016, hoverboards were exploding all over the world. A number of incidents of the boards catching fire led to major retailers such as Amazon and Target issuing refunds and

telling customers to trash them. Airlines were banning them and some cities were even banning hoverboards from roads and sidewalks. It is was later found that the batteries in the boards were defective and causing the fires.

VeriDoc Global has developed a supply chain solution that leverages blockchain technology and smart contracts. Our system verifies that each step in the supply chain has registered a “digital handshake” that marks exactly when and where the goods have changed hands. This makes it clear who is liable for products every step of the way.

ID-image
ID-image

PROOF OF CONCEPT

You may test our proof of concept for yourself.

Blockchain can increase the efficiency and transparency of supply chains and positively impact everything from warehousing, delivery, and payment.

The vital things that are necessary for reliability and integrity in a supply chain, are provided by the blockchain. Blockchain provides consensus on the data, there is no dispute in the chain regarding transactions because all entities on the chain have the same version of the ledger. Everyone on the blockchain can see the chain of ownership for an asset on the blockchain. Records on the blockchain cannot be erased which is important for a transparent supply chain.

You're able to test it out and scan the QR codes yourself on your smartphone to see the technology working for yourself.

Don’t have a QR code reader to find out? Download the VeriDoc Global QR code reader here for free:

fake-id
Download
Document Sample
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Download our VeriDoc Global
QR code reader application.
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Test our proof of concept
for yourself.
Test Today

HOW DOES THE
VERIDOC GLOBAL

SOLUTION WORK?

WHAT ARE OUR
KEY FEATURES

key

Forefront of security

Data is immutable on blockchain and can’t be breached via an attack on a single server or database.

key

Increased transparency

Governments and businesses know exactly when and where the goods have changed hands.

key

Increased public safety

Increases the speed in which problems can be identified and products can be recalled.

WHAT ARE OUR
KEY FEATURES

key

Forefront of security

Data is immutable on blockchain and can’t be breached via an attack on a single server or database.

key

Increased transparency

Governments and businesses know exactly when and where the goods have changed hands.

key

Increased public safety

Increases the speed in which problems can be identified and products can be recalled.

Veridoc global
solution

VeriDoc Global has developed a solution that involves embedding a QR code on an item with a unique digital hash inside the QR code. The hash holds a string of information that is then placed on the blockchain network for security, verification and most important end user validation.

Using a QR code reading app, customers can scan the QR code on the item once it has been delivered to them to verify the authenticity of items.

Throughout the shipping process, the QR code can be updated with information verifying when and where the product has changed hands.

Using any QR code reading app, scan the QR code on the supply chain and the app will show you the true document produced by the issuer. This allows you to compare and see if the supply chain is an original or a fake.

ID-image

This is Our
SUPPLY CHAIN
MANUFACTURER FLOW

creator-number
creator-number

CREATE AN ITEM

Manufacturer creates an item.

creator-number

GENERATE QR CODE

VeriDoc Global generates a QR code
that contains a unique hash value
with information about the item.

creator-number

QR CODE ADDED
TO THE ITEM

The QR code is added to the item.

creator-number

GENERATE UNIQUE
HASH VALUE ON BLOCKCHAIN

The information is placed on
the blockchain.

creator-number

DIGITAL HANDSHAKE

VeriDoc Global verifies each step in the supply
chain registering a “digital handshake” that
marks exactly when and where the goods
have changed hands.

This is Our
SUPPLY CHAIN
MANUFACTURER FLOW

  • flow
    creator-number

    CREATE AN ITEM

    Manufacturer creates an item.

  • flow
    creator-number

    GENERATE QR CODE

    VeriDoc Global generates a QR code that contains a unique hash value with information about the item.

  • flow
    creator-number

    QR CODE ADDED TO THE ITEM

    The QR code is added to the item.

  • flow
    creator-number

    GENERATE UNIQUE HASH VALUE ON BLOCKCHAIN

    The information is placed on the blockchain.

  • flow
    creator-number

    DIGITAL HANDSHAKE

    VeriDoc Global verifies each step in the supply chain registering a “digital handshake” that marks exactly when and where the goods have changed hands.

This is Our
SUPPLY CHAIN
CUSTOMER FLOW

reader-number
reader-number

QR CODE READER

Item is scanned using any
QR code reader.

reader-number

PREVIEW ORIGINAL INFORMATION

Customer is redirected to a secure page that
displays information about the item.

reader-number

VISUAL INSPECTION

Customer validates the authenticity
of the item by visual inspection.

reader-number

VALIDATE HASH VALUE
ON BLOCKCHAIN

Customer may validate the unique hash
value on the blockchain and verify that
the digital signatures are identical.

reader-number

INFORMATION UPDATE

Additional information can be added to the QR
code by the manufacturer anytime in case of a
product recall (optional).

This is Our
SUPPLY CHAIN
CUSTOMER FLOW

  • flow
    creator-number

    QR CODE READER

    Item is scanned using any QR code reader.

  • flow
    creator-number

    PREVIEW ORIGINAL INFORMATION

    Customer is redirected to a secure page that displays information about the item.

  • flow
    creator-number

    VISUAL INSPECTION

    Customer validates the authenticity of the item by visual inspection.

  • flow
    creator-number

    VALIDATE HASH VALUE ON BLOCKCHAIN

    Customer may validate the unique hash value on the blockchain and verify that the digital signatures are identical.

  • flow
    creator-number

    INFORMATION UPDATE

    Additional information can be added to the QR code by the manufacturer anytime in case of a product recall (optional).

VERIDOC GLOBAL
MEDIA BLOGS

passport
26 April, 2019

The Complexity in todays Supply chain with all the links and threads it takes to Creating

The complexity in today’s supply chain with all the links and threads it takes to creating and distributing goods can make it extraordinarily complex. Depending on the product, the supply chain can span over hundreds of stages, multiple international locations, include a multitude of invoices and payments, involve several individuals and entities, and extend over months or years. Due to the complexity and lack of transparency with our current supply chains, you can see why there is interest in how blockchains might transform the supply chain and logistics industry. It’s incredibly difficult for customers or buyers to truly know the value of products because there is a significant

Read more
passport
9 October, 2019

Supply Chain Revolution

Technology brings people together, making life easier for many and sometimes if nurtured to fruition can hold the potential to change the world. Advanced technology, while groundbreaking and exciting for some, can be frightening, allowing some projects to be overlooked due to their unconventionality.Blockchain technology especially has been widely celebrated as an advanced and revolutionary technology, paving the way for its many uses. The most commonly researched blockchain technology flooding the market is supply chain traceability systems with statistics indicating 53% of all research from corporations going to these specific use cases within blockchain technology. In an article listed “How blockchain

Read more
passport
23 May, 2019

Blockchain, Supply Chain and The Smart City.

People from around the world are moving from rural areas to major city centers every single day and this number is only increasing with time. Rapid urbanization, largely occurring in developing nations, presents challenges for governments all around the world.How can governments create an environment that’s conducive to economic growth?Blockchain is a decentralized immutable ledger. This not only makes it safe, secure and transparent but it is also excellent at denying corruption and inefficiency from smart cities.The potential benefits that blockchain can provide a smart city are many. Blockchain is a platform on which the mass of new data derived and collected from smart cities can be safely stored and accessed

Read more

blockchain
supporting blogs

blog
9 January, 2019

Blockchain Technology is Set to Transform the Supply Chain

Supply chain has become complicated. Some would say cumbersome. It takes days to make a payment between a manufacturer and a supplier, or a customer and a vendor...

Read more
blog
23 March, 2018

How Blockchain Will Transform The Supply Chain And Logistics Industry

Managing today’s supply chains—all the links to creating and distributing goods—is extraordinarily complex. Depending on the product, the supply chain...

Read more
blog
24 November, 2019

Four ways blockchain will transform supply chain

Blockchain and its future derivatives will introduce a new standard and infrastructure to manage the new strategic resource: data. Today big, powerful companies like Amazon, Facebook...

Read more

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