We are very excited to announce the launch of our new software TRUST&TRACE. TRUST&TRACE is based on the evan.network and addresses supply chain, compliance and purchasing users.
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.
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.
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.