Smart Trade Networks

Smart Trade Networks is a general-purpose technology platform, utilising blockchain technologies, that harnesses a diverse range of product provenance information as a basis of improved payments and confidence amongst supply chain participants. It removes doubt around product authentication and ensures the smooth flow of data and payments. It embraces both new and mature technologies to provide a robust system for the security and dependability of information within supply chains. It is a platform by which consumers can validate the credentials of the product they are purchasing, and drive efficiencies in the supply chain by reducing information asymmetries between transacting parties. Smart Trade Networks combines the blockchain’s attribute of being a robust validator of historic states (as a record of past events) and the power of crypto-economics to drive incentivised systems shaping behavioural optimisation in supply chains. Their model is to partner with industry experts to develop specialised applications of our core technological infrastructure and capabilities. In this regard, Smart Trade Networks is a ‘wholesale information infrastructure’ group, working with experts in their field to design and implement industry-specific solutions to todays problems in the movement of data and funds.