Track & Trace is a flexible asset tracking application built by BlockApps. Track & Trace makes it easy for all parties of a supply chain to view asset provenance and status in real time – greatly improving both operational efficiency and reporting capabilities.
Current Challenge
One of the key benefits of blockchain technology is its ability to track scarce assets in an incredibly reliable manner. Asset tracking is a core element of many business operations and especially supply chain management.
Track and trace addresses two unique challenges for supplier networks:
- 1. Track – Easily review or update information about who has assets are and the what lifecycle state they're in
- 2. Trace – Accurate and timely information about asset provenance (where it came from)
Product Overview
Track & Trace enables:
- Full lifecycle tracking of the asset from creation to bidding and final exchange
- STRATO's latest built-in privacy features for data security and visibility
- Single-Sign On (SSO) and authorization features
- Asset provenance from regulatory perspective
more detail – blockchain-backed asset tracking
The application has four different user roles built-in that correspond to a typical supply chain:
Manufacturers
Create the assets that need to be tracked and manage bids for them
Distributors
Bid on assets and update their status as they are delivered
Retailers
Purchase final assets from distributors
Regulators
Monitor all relevant activity in real time
Niche / Market
- All STRATO Apps
- HR / Procurement
- Manufacturing
Key Benefits
- Synchronized & connected systems
- Precise location information
- Real-time status updates
- End-to-end traceability
- Robust asset data standards
Pricing
Flexible pricing – monthly, annual subscription options and more.
Cost is based on network usage (asset exchange, number of parties):
- Starter Tier: $400+/month
- Business Tier: $1350+/month
- Enterprise Tier: Custom pricing based on needs
See STRATO pricing for more details
Supporting Documentation
- Asset Tracking with STRATO
- Explainer Video
- Demo Video
- Developer Documentation
Demo & User Flow
Assets in track & trace are represented by smart contracts. The herbicide asset in this demo is represented by a smart contract containing its key characteristics
Manufacturers create and lists a herbicide asset and includes custom fields to track EPA registration, GTIN and other industry-standard identifiers
1. Distributors make private bids for this herbicide asset
2. Manufacturers accept a bid and launch a smart contract to track the exchange record and fulfillment of the order
Distributors can then repeat this process for sale to downstream Retailers
Bids and other private information are kept that way by using private chains
Privacy is built in to track & trace and information like price is kept confidential and secure as the asset exchanges hands
All the while Regulators have visibility into all bids and transactions in real-time
All parties can see the blockchain “back end” of their respective data visibility from the Management Dashboard
All users have simple and secure login options with enterprise grade OAuth and SSO built-in
Implementation/Fit
Track & Trace is created and maintained by BlockApps. It is optimized for use and installation with BlockApps STRATO – making it can be installable as a built-in component to a new STRATO network, and easily added (less than a week) to an existing network.
Key Differentiators
Beyond outright seamless compatibility with STRATO blockchain networks, Track & Trace offers highly flexible levels of customization:
- Customize smart contracts to include asset properties specific to your business
- Configure the roles and data visibility of your network
- Track multiple assets with different SKUs, prices and lifecycles in one app
- Securely connect existing ERP (e.g. SAP, Oracle) systems to the blockchain network via API
Explore our asset tracking overview to see more examples and key differentiators for Track & Trace
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