Haidrun has launched an enterprise blockchain platform targeted at the manufacturing supply chain industry. Haidrun’s private blockchain is designed to reduce costs, build transparency and improve security by providing full end-to-end digital connectivity across an entire supply chain.
As a digital ledger, blockchain is able to record supply chain transactions between two parties, which cannot be altered without breaking the cryptographic signing of each block. Private blockchains also provide transparency in the supply chain, making anyone on the network accountable for their actions, along with traceability, real-time logistics tracking, electronic funds transfer and smart contract management. Processes including negotiations support and procurement can also be connected via blockchain to build trust and confidence with new suppliers, partners and colleagues.
The new Haidrun platform is a non-open source, flexible and scalable private blockchain, built on an advanced architecture that uses AI engines to help accelerate intelligent business automation and deliver secure and transparent transactions.
Haidrun removes much of the complexity of public blockchains and ensures enterprise scalability with three core features: container technology, dynamic block sizing and a new advanced blockchain protocol, Larad, which uses a voting-based, consensus algorithm.
