Using Traceability to Bring About a Paradigm Shift in the Business Sector
Paradium is a new Blockchain based solution that focuses on “Traceability”, to bring about a paradigm shift in the supply chain in multiple industries
The Innovation of Traceability Will Create a New Supply Chain Management Model
Visualization of the supply chain
Paradium offers a solution that allows the product flow data in a supply chain to be tracked and traced. This data is securely recorded on the Blockchain, which provides full visibility and transparency. This will contribute towards the rebuilding of value chains, providing a new supply chain management model to companies.
Revolutionizing the way in which data is exchanged
Our Paradium solution offers a data sharing framework which enables companies to share data in a secure and decentralised way using a common format.
Redefining trust throughout the whole supply chain
This will prevent over reliance on one single company, and redefine trust among companies in the supply chain, which will create a new framework for businesses.
By achieving the visualization of the supply chain using blockchain technology, Paradium will enable companies to provide safer food and products, which will contribute towards building trust with consumers as well.
Problems Solved by Paradium
Our Paradium solution will bring visibility to the supply chain, which will help to detect and prevent the spread of counterfeit products. This will enable companies to provide reliable food and products to their consumers.
Supply chain traceability improves the efficiency of tackling product recalls in addition to all of the necessary related procedures, to dramatically reduces the cost which companies bear.
The inability to optimize supply & demand
Sharing supply information and changes in market demand will enable companies to optimize supply and demand, which will help solve food loss, waste disposal issues.
How Paradium works
Identify the origin of the products
Identify the product flow
Traceability will help companies to identify where the defective products were delivered, and send a product recall notification to the recipients!
We are continuously conducting research and development to provide solutions in the supply chain field, while working on IoT related hardware solutions in conjunction with our partners.
Paradium aims to rebuild trust throughout the supply chain, and will continue to provide Blockchain based solutions in this field.
Energy (Oil & Gas)