Photo - Supply Chain Management and e-Commerce ecosystem
29083

Supply Chain Management and e-Commerce ecosystem

Ukraine, Kyiv city
Market: Internet and IT, Blockchain
Stage of the project: Prototype or product is ready

Date of last change: 30.05.2018
Min investment
$  75.000
0
Total required
$ 330.000
Rating
equalizer 211 из 1000
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Idea

The new era of Trust, Transparency and Traceability for Supply Chain and e-Commerce
We are developing the solution eliminating the possibility for counterfeited goods by unique serialization and tracking of all ownership transfer using Blockchain. We are proactively preventing deals/payments in case of Seller can’t prove ownership of the certain unique item to sell

Current Status

Developed MVP powered by Blockchain, actively working with partners and potential customers

Market

Top priority - Luxury, Pharmaceutical

1) Pharma facing mandatory regulatory challenges of digitalization, serialization and traction of provenance like in US DSCSA but also due to interest from Insurance Companies to switch from pay-for-service to pay-for-result models

2) Luxury industry facing challenges with counterfeit elimination, enabling trust in online environment and new ways of dealing with digitized young generation

Problem or Opportunity

1.Data asymmetry between physical and digital worlds;
2.Lack of integrated data about physical items;
3.Items identification based on packaging and marking;
4.Customer doesn’t have tools to track Item’s provenance;
5.Customer is responsible for packaging and marking inspections;

Solution (product or service)

1.Unique serialization and digitalization using Blockchain as a “vehicle” for Data, Value and Ownership transfer
2.Using Token as a “subject” of digital ownership transfer for Physical Item
3.Owner immutable identification based on history of all ownership transfers
4.Automatically prevention any actions with Physical Items in case current Seller can’t prove ownership
5.Fraud and manipulation elimination with Item’s Data and features

Competitors

Mediledger
Provenance
Ambrosus
Shipchain

Advantages or differentiators

We are not trying to replace databases with Blockchain. Instead, we are using Blockchain tokens as a vehicle for data, value and ownership transferring. We are revolutionizing way of physical items identification which currently mostly based on Packaging and Marking, and also on Trust to current seller like many centuries ago and making Customer is finally responsible for all checks and risks because trust always means risks
Our goal - make all checks without Customer participation and proactively prevent any deals by checking of Item’s Data and all history of ownerships. Seller should be able sell smth to smb only in case Seller can prove ownership of that excat item according to entire item’s ownwnership transfers history

Business model

Key focus on subscription model

Money will be spent on

1. Legal entity (-ies) set up in EU and US
2. R&D for launching of pilots with customers,
3. Business development activities ( including participation in conferences and T&L),
4. Legal services (including IPR protection).

Offer for investor

We would like to negotiate cooperation condition personally

Risks

Implementation same approaches from Top players of the market
Losing first movers advantage

Invention/Patent

2 patents in US for Supply Chain Management, e-commerce, Manufacturing and maintanance
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video