Trust is the most important asset for all business relationships. Especially in multi-stage supply chains, where lack of transparency is already present, it becomes difficult for companies and end customers to have confidence in products and services.
Blockchain models follow a new logic: Coopetition. Cooperative approach of Coopetition completes the technological dimension of blockchain.
More than any other places, the port of Hamburg impressively illustrates how many different players are involved in the logistics processes. In a project which is funded by the Federal Ministry of Education and Research, a total of ten northern German partners are working under the coordination of the Logistics Initiative Hamburg to develop and test a blockchain solution for small and medium-sized companies in the context of logistics.
Trust is the basis of all business relationships. Digitally available trust is, therefore, one of the most important building blocks of digitization.
How can trust be established in digital business relationships without becoming dependent on central platforms?
A lot of analogous documents are required for the registration of a vehicle in Germany. Even if a lot of the information and evidence needed for the registration of a vehicle are available in a digital form, a proof of the power of disposition is still provided using the vehicle registration document (ZBII).
Today, supply chains are networked and are becoming increasingly digital. A major challenge hereby is trust in the digital identity of the business partner. Due to market dynamics, driven by rapidly changing customer needs, the possibility of trusting digital cooperation with new business partners is crucial. Therefore, companies need secure ways to manage their own digital identities and verify those of their business partners.
The network is operated by independent companies, the so-called node operators. These companies are the stakeholders of the network and are organized as such in the evan.network organization (e.n.o.). The e.n.o. is thus the organizational counterpart of the technical network structures and guarantees the permanent function, security and integrity of the network.
Everyone talks about digitization and Industry 4.0. At evan.network, we also focus on this topic and aim to make digitization of real-world assets quite simple.
For the first time, Blockchain allows to make digital documents indelible and simultaneously shareable between different parties. This means that one can trust the authenticity of the data transferred in the course of a transaction and does not have to trust the operator of the platform who carries out a business transaction.
We’re excited to officially launch our mainnet to the public world and start the journey with you!
What a ride… 2018 is coming to an end, and we give you a recap of what has been developed and which improvements we made on evan.network during the year.
Check out the pitch competition winner and other highlights of the Blockchain Startups Summit 2018.
Last week, the annual Ethereum DevCon took place at the Prague congress center. Four days full of information and recent developments about the Ethereum ecosystem. We participated at the conference for all four days and wanted to share our insights on updates and new implementations, which also impact the developments for evan.network.
We want to show you how to develop a decentralized application (ÐApp)on the evan.network.
The digitization of real world goods is one of the most interesting things in using Blockchain technology for businesses because it’s the foundation for the ever growing demand of creating digital business models around existing physical goods. I see two main drivers for that demand.