Blockchain

Overview

Blockchain, with its fundamental characteristics - Transparent, Immutable, Provenance, and Distributed, can transform many enterprise business processes besides the apparent relevance for disintermediation of financial transactions. Processes such as asset & inventory management across the supply chain, identity & access management of digital assets, etc. will greatly benefit from applying Blockchain technologies to reduce the overheads of reviews and approvals in the networked processes.

Sonata, with its technology, demonstrable pilots, and solution frameworks for key business processes, can help enterprises take the first steps in adopting and accelerating the implementation of Blockchain solutions.

Where to use Blockchain?

DISINTERMEDIATION

Requirement where there is a reduction in the use of intermediaries between producers and consumers.

PROVENANCE

Trusted data on raw materials, production, and product to reduce the cost of certification, quality control, and vendor selection.

INFORMATION SHARING

Securely shared information across the supply chain for improved supply chain visibility and traceability.

OFFERINGS

World Class Service Offerings for Blockchain

Asset Management

Optimize across availability, reliability, and costs through intelligent asset strategies enabled by blockchain.

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Optimize across availability, reliability, and costs through intelligent asset strategies enabled by blockchain.
Built on the private Multichain platform, which provides functionalities to create, manage and dispose of assets in a typical IT infra landscape.
A segment of the business process with the pain points around data quality in the asset’s lifecycle is identified and the business value realized by the solution is evaluated.
Actors and interactions involved and their specific issues to address are assessed and the linking of physical goods to serial numbers, bar codes, digital tags like RFID, etc. is done.
Travel Contracts Management

Enable the conditions for the ideal competition of travel suppliers and provide perfect information to buyers.

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Enable the conditions for the ideal competition of travel suppliers and provide perfect information to buyers.
Built on the public Ethereum platform
Provides smart contracting system between two parties, managing rules and regulations
A decentralized alternative to GDS with a reduced cost of distribution that connects buyers and sellers via a set of smart contracts
Permission-less architecture with the open consensus model where travel suppliers and buyers can freely participate in the network
Inventory Management

Resolve the issues of customer demand and responsiveness across supply chains by collaborating on information.

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Resolve the issues of customer demand and responsiveness across supply chains by collaborating on information.
A publicly distributed database built on Big Chain DB, to manage and validate inventories of large volumes in a distributed system.
Bigchain DB takes a different approach compared to other blockchain technologies, one that starts with a big data distributed database and then adds blockchain characteristics.
The platform leverages Decentralized ledger technology to overcome many complex data management issues in the supply chain.