Supply Chain Data Company Dispel Seeing great opportunities in Asian trading for its blockchain-based systems. The benefits go both roads, with importers and exporters in Porcelain and European Union (EU) Share information that may otherwise be lost.
The company makes relocation to the Asian market by traveling to trade shows and finding important industries that can benefit from more detailed information about Product supply chains. Although the EU takes in stricter regulations by demanding Digital product passesUnisot shows how more detailed and reliable supplier spade data can improve trade relations even if it does not have a mandate by law.
“China is an important place for the delivery chain and production in the world and will continue to be for decades,” Unisot CEO Stephan Nilsson Told the coingeek. “That’s why we position ourselves to serve customers with delivery chains between Europe and China. We have done this by translating our Saa’s platform and digital product passes into Chinese and increasing our presence in China. “
Unisot CFO Torje Wing Sundebased in Norway, described the company’s movements to Asian markets In a new media interview in his home country. The company already has a client in Bangladesh who manufactures clothes. As he travels to Trade events he explained how Blockchain-based delivery information could solve several existing problems.
One of these was a fish shop in Shanghai, whose owners explained that he imported salmon from the Faroe Islands rather than Norway due to vineyard information that Norwegian fish were full of antibiotics. As this happens, this is not true – and this is just one example where correct and verifiable information can help exporters.
Sund’s profile appeared after the Unisot team participated in China International Import Expo (CIIE) in Shanghai. His Chinese language abilities are thanks to his experience as an exchange student in Beijing 2016 and his Chinese wife.
Last year he also presented Blockchain technology benefits of delivering chains At China China Beijing Xicheng District Investment Promotion Conference (Norway Session) in Oslo. The head of the Norwegian Chinese Chamber of Commerce, Elise Chen, recommended that he travel to Shanghai to participate in the import exhibition event and meet more potential customers.
“Each link in the value chain can have a lot of valuable information, but it is often not shared,” he told reporter Ole-Otar Høgstavoll from Romsdall’s bidstikke.
Before working at Unisot, Sunde completed a master’s degree in finance, specialized in accounting and auditing and found employment as an accountant – a job he eventually found “a bit of a repetitive job for me.”
After meeting Nilsson, he became interested in blockchain “as a global data warehouse” that could exchange information a lot as the Internet does today, but safely. Nilsson and Sunde are also CEO and CTO at Triple accounting fixed Canceled asthat uses the scalable BSV blockchain and unisot technology as a base.
Blockchain keeps information about the supply chain Safe and Reliable
Part of the problem is that value chains in today’s world can be quite long, with many disconnected participants. This means that sharing information is difficult, even when this information is available. What the process needs is for someone to store all this information in a format that someone along the chain can access and do it safely and reliably.
Unisot stores valuable information in an “Smart Digital Twin“For each product, which (as part of the company’s digital product passport or DPP) acts as a carrier for the information as it passes along the chain.
Interest from potential users comes from using Unisot’s DPP offer both as a data traffic company for efficiency and to prove product quality for exports and imports, Nilsson said. He added that new EU laws that require DPP and collect more information about products along the delivery chains will operate Unisot’s offers considerably.
“There are also interest rates for efficiency gains that can be made during customs and shipping. In addition, there was interest in the information security aspect for data that blockchain can provide. Especially in the global market where the delivery chains are complex and long, and confidence is low. To prove documentation and keeping data sovereignty is the key, and blockchain help with this, ”he said.
Nilsson noted that the Unisot model is superior because it is not based on the harvest of data from customers. This is an important point for Chinese customers “who are extra aware of information security.” With a blockchain-based system, they can keep all their data on their server, with unisot that provides the interface between their information and blockchain and tools to ensure that data sharing remains secure.
Look from fish to diamonds: How blockchain can improve the supply chains
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