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Home Explore Supply chains on the OriginTrail v6 blockchain can create greater traceability on a Global scale

Supply chains on the OriginTrail v6 blockchain can create greater traceability on a Global scale

Published by francis, 2022-08-02 15:26:01

Keywords: Supply chains on the OriginTrail v6 blockchain can create greater traceability on a Global scale

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OriginTrail v6 updates creates 500x improvement on v5

Tracbison has published a new article, which sheds light on the most important aspects of Origin Trail's v6 updates and what it brings to traceability for global supply chains. These new capabilities and performance improvements are enabled by introduction of several key technologies into OriginTrail v6

One such improvement is the introduction of Unique Asset Locators (UALs). digital and physical assets can now be stored and searched for on the Decentralized Knowledge Graph. This can improve the interoperability and integration with legacy supply chains moving to the  blockchain as it makes it possible for digital and physical assets to be stored and searched for on the Decentralized Knowledge Graph.

This featured heavily in a project from 2021 where an NGO; Aid Trust, built a successful pharmaceutical asset tracking solution on OriginTrail. The project was in partnership with the British Standards Institute, to ensure that v6 can fully supports industry standards such as; the new GS1 EPCIS 2.0

This will be of particular interest in reassuring Government bodies that they will have a compliant option to help reduce the burden on human- resource heavy procurement and logistic departments.  Something that can be comforting in a post-Brexit world. Where lack of visibility still causes delays in the delivery of goods to the UK.

In the article it notes that: 'Previous versions of OriginTrail have made it possible for all groups of users to connect and verify information...' '...The v6 now magnifies both the scale and the scope of capabilities given to DKG users as they transform data publishings into the omniverse of assets.'

Find Out More At https://tracbison.com /


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